Kotak Flexicap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 19-12-2024
₹ 90.96
1D
Inception Returns
17.4%
/yr
About Kotak Flexicap Fund Direct Growth
Kotak Flexicap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Harsha Upadhyaya. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Flexicap Fund Direct Growth has ₹51276 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Kotak Flexicap Fund Direct Growth has given a CAGR return of 17.37% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 21.64%, 17.60% and 17.81% respectively.
Holdings
Kotak Flexicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Consumer Cyclical, Tech, Energy, Health, Consumer Defensive, Communication, Utilities, Corporate, Government. Its top holdings are ICICI Bank Ltd, Bharat Electronics Ltd, HDFC Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd
Taxation
As it is a flexi cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Kotak Flexicap Fund Direct Growth
The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, generally focused on a few selected sectors. However, there is no assurance that the objective of the scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Flexicap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
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23963 people have invested ₹ 11.8Cr in Kotak Flexicap Fund Direct Growth in the last three months
INDmoney Rank for Kotak Flexicap Fund Direct Growth
Powered by IND quant engine
12
/20
35% Performance
37% Risk Management
80% Cost
12 out of 20 among flexi cap
Larger AUM within category
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Kotak Flexicap Fund Direct Growth Overview
| Expense ratio | 0.61% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹51276 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 24.99% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (19-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
73.1%
Mid cap
18.9%
Small cap
5.8%
Sector Allocation
Financial Services
25.1%
Industrial
18.8%
Basic Materials
17.3%
Consumer Cyclical
11.3%
Tech
9.4%
Energy
6.2%
Health
3.5%
Consumer Defensive
3.2%
Communication
2.8%
Utilities
2.5%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 1.35% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 1.95% in Nov'24
- AUM of the fund stands at 51.3K Cr as of Nov'24
- AUM increased by 693.7 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Bharat Electronics Ltd's allocation increased from 5.46% to 5.83%
Zomato Ltd's allocation increased from 2.47% to 2.82%
Tech Mahindra Ltd's allocation increased from 1.11% to 1.3%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 6.77 % to 6.72 %
UltraTech Cement Ltd's allocation decreased from 3.83 % to 3.82 %
Axis Bank Ltd's allocation decreased from 3.67 % to 3.55 %
Small Cap allocation has gone up from 5.3% to 5.8%
Mid Cap allocation has gone down from 20.1% to 18.9%
Large Cap allocation has gone down from 73.1% to 73.1%
Cash allocation has gone up from 1.3% to 1.4%
Top 3 Sectors in November were Financial Services, Industrial & Basic Materials
Nov'24
Financial Services
25%
Industrial
19%
Basic Materials
17%
Oct'24
Financial Services
25%
Industrial
19%
Basic Materials
17%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 6.72% | 0% | |
 Bharat Electronics Ltd | 5.83% | 0% | |
 HDFC Bank Ltd | 5.6% | 0% | |
 Infosys Ltd | 4.17% | 0% | |
 Larsen & Toubro Ltd | 4.14% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Bharat Electronics Ltd | 8.9% |
 Infosys Ltd | 8.5% |
 Zomato Ltd | 7.6% |
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Harsha Upadhyaya
Fund Manager of Kotak Flexicap Fund Direct Growth, since 4 August 2012
Top funds managed
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.81L Cr
as on 29-Nov-2024
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com
Mutual Fund Insights
Over the last 3 months, this fund has experienced a 3.2% drop in AUM moving from 52.95K Cr to 51.27K Cr.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 32.72% return, outperforming this fund by 14.91% per annum.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 28.98% return, outperforming this fund by 11.38% per annum.
Over the last 3 months, this fund has increased expense ratio by 5.2% moving from 0.58 to 0.61.
This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.61% which is lower than the category average expense ratio of 1.16%.
In the last 1 year, Motilal Oswal Flexicap Fund Direct Plan Growth has given 48.92% return, outperforming this fund by 27.29%.
Kotak Flexicap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.37% since inception which is less than its category average return of 19.68%
Fund Allocations
This fund has an allocation of 98.61% in Equity, 0% in Debt and 1.39% in Cash related instruments
AUM size ₹51276 Cr
This fund has AUM of ₹51276 Cr which is more than its category average of ₹ 8877 Cr
Expense Ratio 0.61%
This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions for Kotak Flexicap Fund Direct Growth
The current NAV of Kotak Flexicap Fund Direct Growth is ₹90.96 as on 19-Dec-2024.
Existing (Absolute + CAGR) as on 19-Dec-2024.
Kotak Flexicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.3% | 4.3% |
6 Month Returns | 1.62% | 1.62% |
1 Year Returns | 21.64% | 21.64% |
3 Years Returns | 62.65% | 17.6% |
5 Years Returns | 126.9% | 17.81% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.61% as on November 2024
₹51276 Cr as on November 2024
ICICI Bank Ltd(6.72%), Bharat Electronics Ltd(5.83%), HDFC Bank Ltd(5.6%), Infosys Ltd(4.17%), Larsen & Toubro Ltd(4.14%) as on November 2024
Financial Services(24.73%), Industrial(18.51%), Basic Materials(17.02%) as on November 2024
The alpha ratio for the Kotak Flexicap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Flexicap Fund Direct Growth | 3.03 | 1.58 | -0.51 |
As on November 2024
The alpha for Kotak Flexicap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Kotak Flexicap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Flexicap Fund Direct Growth | 0.92 | 0.92 | 0.93 |
As on November 2024
The Beta for Kotak Flexicap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Kotak Flexicap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Flexicap Fund Direct Growth | 1.6 | 0.88 | 0.72 |
As on November 2024
The sharpe ratio for Kotak Flexicap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Kotak Flexicap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Flexicap Fund Direct Growth | 12.51 | 12.8 | 18.06 |
As on November 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.52 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.26 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Harsha Upadhyaya is the fund manager of Kotak Flexicap Fund Direct Growth
The Exit load of Kotak Flexicap Fund Direct Growth is 1%