Kotak Flexicap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV: ₹ 81.83 as on 24-04-2024
Fund Performance
17827 people have invested ₹ 11.1Cr in Kotak Flexicap Fund Direct Growth in the last three months
Mutual Fund Insights
Over the last 1 year, this fund has decreased expense ratio by 7.4% moving from 0.68 to 0.63.
This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.63% which is lower than the category average expense ratio of 1.17%.
Over the last 6 months, this fund has experienced a 12.8% growth in AUM moving from 40.68K Cr to 45.91K Cr.
In the last 3 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 33.07% return, outperforming this fund by 13.59% per annum.
In the last 1 year, JM Flexicap Fund (Direct) Growth Option has given 65.57% return, outperforming this fund by 28.39%.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 31.7% return, outperforming this fund by 14.84% per annum.
INDmoney Rank of Kotak Flexicap Fund Direct Growth
Powered by IND quant engine
13
/18
26% Performance
37% Risk Management
76% Cost
13 out of 18 among flexi cap
Pros
Larger AUM within category
Beats FD returns for both 3Y & 5Y
Cons
No bad points found for this fund.
About the 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, Arjun Khanna. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Flexicap Fund Direct Growth has ₹45912 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Kotak Flexicap Fund Direct Growth Overview
 | 0.63% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹45912 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 17.51% |
Kotak Flexicap Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
74.6%
Mid cap
22.5%
Small cap
1.9%
Sector Allocation
Financial Services
22.8%
Industrial
19%
Basic Materials
18.5%
Consumer Cyclical
13.3%
Energy
7.3%
Tech
7.1%
Health
3.9%
Consumer Defensive
3.4%
Utilities
2.5%
Communication
2.3%
Top Holdings of Kotak Flexicap Fund Direct Growth as on (31-Mar-24)
Equity Holdings55
Debt Holdings1
Kotak Flexicap Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 2.50% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 2.96% in Mar'24
AUM Change
- AUM of the fund stands at 45.9K Cr as of Mar'24
- AUM increased by 800.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Kotak Flexicap Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Thermax Ltd | 25.2% |
 Solar Industries India Ltd | 16.1% |
 Maruti Suzuki India Ltd | 7.7% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 Axis Bank Ltd | -0.6% |
 UltraTech Cement Ltd | 0.6% |
Peer Analysis
Kotak Flexicap Fund Direct Growth Fund Manager
Harsha Upadhyaya
Fund Manager of Kotak Flexicap Fund Direct Growth, since 4 August 2012
Top funds managed
Arjun Khanna
Fund Manager of Kotak Flexicap Fund Direct Growth, since 1 March 2022
Top funds managed
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 17.31% since inception which is less than its category average return of 18.4%
Fund Allocations
This fund has an allocation of 99.19% in Equity, 0% in Debt and 0.81% in Cash related instruments
AUM size ₹45912 Cr
This fund has AUM of ₹45912 Cr which is more than its category average of ₹ 7386 Cr
Expense Ratio 0.63%
This fund has an expense ratio of 0.63% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions
The current NAV of Kotak Flexicap Fund Direct Growth is ₹81.83 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Kotak Flexicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.73% | 3.73% |
6 Month Returns | 21.79% | 21.79% |
1 Year Returns | 37.18% | 37.18% |
3 Years Returns | 70.55% | 19.48% |
5 Years Returns | 117.96% | 16.86% |
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0.63% as on March 2024
₹45912 Cr as on March 2024
ICICI Bank Ltd(6.43%), Larsen & Toubro Ltd(5.08%), Bharat Electronics Ltd(4.78%), UltraTech Cement Ltd(4.41%), HDFC Bank Ltd(4.28%) as on March 2024
Financial Services(22.59%), Industrial(18.87%), Basic Materials(18.35%) as on March 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 | -0.49 | -0.18 | -0.25 |
As on March 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 | 0.9 | 0.91 | 0.93 |
As on March 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 | 2.46 | 0.96 | 0.65 |
As on March 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 | 10.04 | 12.42 | 17.98 |
As on March 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 1.72 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Harsha Upadhyaya, Arjun Khanna are the fund managers of Kotak Flexicap Fund Direct Growth
The Exit load of Kotak Flexicap Fund Direct Growth is 1%