Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl

Equity
Direct
Flexi Cap
Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl

About the Fund

Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl is an equity fund. This fund was started on 17 January, 2013. The fund is managed by Arjun Khanna, Harsha Upadhyaya. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl has ₹48469 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl has given a CAGR return of 17.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 40.83%, 19.59% and 18.24% respectively.

Holdings

Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Consumer Cyclical, Energy, Tech, Corporate, Health, Consumer Defensive, Government, Utilities, Communication. Its top holdings are ICICI Bank Ltd, Bharat Electronics Ltd, Larsen & Toubro Ltd, HDFC Bank Ltd, State Bank of India

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 benefit
Dividends 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 Reinvestment of Income Distribution cum Cap Wdrl

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 Reinvestment of Income Distribution cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
45 people have invested ₹ 4.3L in Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.63%
Benchmark
S&P BSE 500 India TR INR
AUM₹48469 Cr
Inception Date17 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
17.51%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 99.3%

  • Debt & Cash 0.7%

Large cap
71.6%

Mid cap
24.9%

Small cap
2.9%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
23.1%
Industrial
20.5%
Basic Materials
17.8%
Consumer Cyclical
13.5%
Energy
7.3%
Tech
5.8%
Health
3.7%
Consumer Defensive
3.3%
Utilities
2.6%
Communication
2.4%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Arjun Khanna
Arjun Khanna
Fund Manager of Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl, since 1 March 2022
Harsha Upadhyaya
Harsha Upadhyaya
Fund Manager of Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl, since 4 August 2012

Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.98% since inception which is less than its category average return of 20.65%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.34% in Equity, 0% in Debt and 0.66% in Cash related instruments
AUM size ₹48469 Cr

AUM size ₹48469 Cr

This fund has AUM of ₹48469 Cr which is more than its category average of ₹ 7822 Cr
Expense Ratio 0.63%

Expense Ratio 0.63%

This fund has an expense ratio of 0.63% which is less than its category average expense ratio of 1.36%

Frequently Asked Questions

The current NAV of Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl is ₹54.81 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
9.2%
9.2%
6 Month Returns
21.28%
21.28%
1 Year Returns
40.83%
40.83%
3 Years Returns
71.04%
19.59%
5 Years Returns
131.13%
18.24%
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.
0.63% as on May 2024
₹48469 Cr as on May 2024
ICICI Bank Ltd(6.13%), Bharat Electronics Ltd(6.11%), Larsen & Toubro Ltd(4.54%), HDFC Bank Ltd(4.29%), State Bank of India(4.28%) as on May 2024
Financial Services(22.9%), Industrial(20.4%), Basic Materials(17.68%) as on May 2024
The alpha ratio for the Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl
3.58
1.09
-0.26
As on May 2024
The alpha for Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl 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 Reinvestment of Income Distribution cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl
0.88
0.92
0.93
As on May 2024
The Beta for Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl 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 Reinvestment of Income Distribution cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl
2.45
1
0.67
As on May 2024
The sharpe ratio for Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl 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 Reinvestment of Income Distribution cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl
10.16
12.26
17.99
As on May 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 1.76 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.05 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Arjun Khanna, Harsha Upadhyaya are the fund managers of Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl
The Exit load of Kotak Flexicap Fund Direct Reinvestment of Income Distribution cum Cap Wdrl is 1%