Kotak Small Cap Fund Direct Growth

Equity
Direct
Small-Cap
Kotak Small Cap Fund Direct Growth

About the Fund

Kotak Small Cap Fund is a mutual fund scheme that invests in stocks of small companies. Small cap firms generally have a market cap of below Rs 5,000 crore and have companies that might have large growth potential but also come with significant risk as they are more susceptible to macro economic changes.

Since small-cap companies are relatively lesser-known and are considered as high-risk investments. Nesco, Thyrocare, Delta Corp are examples of small cap firms.

While some small cap stocks do provide the opportunity to earn bumper returns, it's important to note that investing in small-cap stocks comes with higher risks, as these companies are more vulnerable to economic downturns and market fluctuations, making investing in this fund suitable to investors who have a higher risk taking ability.

Key Parameters

  1. Kotak Small Cap Fund Direct Growth has ₹15283 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Kotak Small Cap Fund Direct Growth has given a CAGR return of 22.19% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 46.12%, 25.33% and 31.41% respectively.

Holdings

Kotak Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Basic Materials, Health, Consumer Defensive, Financial Services, Tech, Communication, Real Estate. Its top holdings are Cyient Ltd, Carborundum Universal Ltd, Techno Electric & Engineering Co Ltd, Blue Star Ltd, Ratnamani Metals & Tubes Ltd

Taxation

As it is a small-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 Small Cap Fund Direct Growth

The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity related securities by investing predominantly in small cap companies. There is no assurance that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Small Cap Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
29652 people have invested ₹ 10.4Cr in Kotak Small Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
11
/17
49% Performance
48% Risk Management
91% Cost
11 out of 17 among small-cap
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Beats FD returns for both 3Y & 5Y
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3Y returns in the bottom 25% of the category

Fund Overview

Expense ratio0.46%
Benchmark
S&P BSE Smallcap TR INR
AUM₹15283 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
6.04%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 95.9%

  • Debt & Cash 4.1%

Small cap
73.6%

Mid cap
15.5%

Large cap
6.3%

Sector Allocation

May'24

Apr'24

Mar'24

Industrial
41.9%
Consumer Cyclical
21.7%
Basic Materials
15.3%
Health
8.9%
Consumer Defensive
3%
Financial Services
2.6%
Tech
2.5%
Communication
2.3%
Real Estate
1.7%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Pankaj Tibrewal
Pankaj Tibrewal
Fund Manager of Kotak Small Cap Fund Direct Growth, since 21 January 2010
Arjun Khanna
Arjun Khanna
Fund Manager of Kotak Small Cap Fund Direct Growth, since 30 April 2022

Mutual Fund Insights

Insights icon
In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 73.99% return, outperforming this fund by 27.88%.
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This fund has one of the lowest expense ratio in the category (small-cap). Its expense ratio is 0.46% which is lower than the category average expense ratio of 1.16%.
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Over the last 15 months, this fund has decreased expense ratio by 22.0% moving from 0.59 to 0.46.
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In the last 3 years, Quant Small Cap Fund Growth Option Direct Plan has given 35.82% return, outperforming this fund by 10.49% per annum.
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In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 43.91% return, outperforming this fund by 12.5% per annum.
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Over the last 6 months, this fund has experienced a 14.2% growth in AUM moving from 13.37K Cr to 15.28K Cr.

Kotak Small Cap Fund Direct Growth 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 22.19% since inception which is more than its category average return of 21.38%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.88% in Equity, 0% in Debt and 4.12% in Cash related instruments
AUM size ₹15283 Cr

AUM size ₹15283 Cr

This fund has AUM of ₹15283 Cr which is more than its category average of ₹ 6871 Cr
Expense Ratio 0.46%

Expense Ratio 0.46%

This fund has an expense ratio of 0.46% which is less than its category average expense ratio of 1.2%

Frequently Asked Questions

The current NAV of Kotak Small Cap Fund Direct Growth is ₹301.8 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Kotak Small Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
12.16%
12.16%
6 Month Returns
21.96%
21.96%
1 Year Returns
46.12%
46.12%
3 Years Returns
96.84%
25.33%
5 Years Returns
291.9%
31.41%
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.
0.46% as on May 2024
₹15283 Cr as on May 2024
Cyient Ltd(3.6%), Carborundum Universal Ltd(3.52%), Techno Electric & Engineering Co Ltd(3.45%), Blue Star Ltd(3.35%), Ratnamani Metals & Tubes Ltd(2.96%) as on May 2024
Industrial(40.16%), Consumer Cyclical(20.83%), Basic Materials(14.68%) as on May 2024
The alpha ratio for the Kotak Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Kotak Small Cap Fund Direct Growth
3.42
4.05
5.9
As on May 2024
The alpha for Kotak Small Cap Fund Direct Growth is calculated against S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Kotak Small Cap Fund Direct Growth
0.63
0.64
0.84
As on May 2024
The Beta for Kotak Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Kotak Small Cap Fund Direct Growth
2.25
1.27
1.02
As on May 2024
The sharpe ratio for Kotak Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Kotak Small Cap Fund Direct Growth
13.11
13.01
22.75
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 2.57 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Pankaj Tibrewal, Arjun Khanna are the fund managers of Kotak Small Cap Fund Direct Growth
The Exit load of Kotak Small Cap Fund Direct Growth is 1%