Kotak Flexicap Fund
NAV
₹98
as of 21 Aug 2026
Kotak Flexicap Fund is an open-ended Flexi Cap Fund scheme from Kotak Mahindra Mutual Fund managing ₹56,119 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹98 as of 21 Aug 2026. The expense ratio is 0.61% a year. Managed by Harsha Upadhyaya. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.61% / yr
- as of 30 Jun 2026
- Fund size
- ₹56,119 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 11 Sept 2009
- ISIN
- INF174K01LS2
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: NIFTY 500 Index
Kotak Flexicap Fund
₹181
+81% on ₹100 over 5.0 yrs
Flexi Cap Fund average
₹185
+85% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 3.85% | 7.36% | -3.51 |
| 6 months | -1.96% | 3.98% | -5.94 |
| 1 year | 2.24% | 4.25% | -2.01 |
| 3 years (CAGR) | 13.74% | 14.07% | -0.33 |
| 5 years (CAGR) | 12.53% | 12.69% | -0.16 |
Category average across 34 funds, as of 21 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -1.6%
- Median
- 10.4%
- Best
- 41.8%
49 windows over the last 60 months, stepped monthly; 94% ended positive. Worst window began 1 Oct 2021. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 13.6%
- Median
- 17.1%
- Best
- 23.8%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Feb 2022. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.50
- Sharpe ratio (5Y)
- 0.51
- Sortino ratio (3Y)
- 0.72 vs category 0.68
- Standard deviation (3Y)
- 14.85%
- Beta (3Y)
- 0.95
- Alpha (3Y)
- 1.50%
- Deepest fall (5Y)
- -15.29%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-15.3%
Right now
-3.2% below peak
Ahead of its benchmark in 58% of months (window: 3y, monthly) — benchmark: NIFTY 500 Index, name shown only.
Where the money actually is
Equity
98.2%
Cash
1.8%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
62 positions · top 10 = 41.4%
Market-cap mix
Large 71.7%Mid 23.4%Small 2.9%Other 2.0%
as of 31 Jul 2026
Holdings by sector
Financial Services(4 in top 10)30.9%
- ICICI Bank Ltd5.63%
- HDFC Bank Ltd5.27%
- State Bank of India4.36%
- Axis Bank Ltd3.51%
Industrials(2 in top 10)17.4%
- Bharat Electronics Ltd5.08%
- Larsen & Toubro Ltd3.72%
Basic Materials(2 in top 10)13.4%
- Jindal Steel Ltd3.73%
- Solar Industries India Ltd3.28%
Consumer Cyclical(1 in top 10)12.6%
- Eternal Ltd3.77%
- Healthcare6.1%
- Energy5.1%
- Technology4.2%
Communication Services(1 in top 10)4.0%
- Bharti Airtel Ltd3.06%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 9.4% vs category 59.4% a year.
The businesses it owns
- P/E (trailing)
- 24.5 vs category 25.5
- P/B
- 3.3 vs category 3.5
- Dividend yield
- 1.3% vs category 1.1%
- Net margin
- 17.0% vs category 17.3%
- Earnings growth
- 12.9%
- Avg market cap
- ₹2.44 lakh crore
The debt it holds (debt sleeve)
- Yield to maturity
- 6.48%
- Modified duration
- 69 days
- Average maturity
- 73 days
- Average coupon
- 7.44%
- Government securities
- 0.0%
Credit quality
- AAA
- 100.0%
Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 30 Jun 2026.
Portfolio characteristics as of 31 Jul 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.
Money in, money out
- Net flow, 12 months
- +₹1,921 cr
- Net flow, 3 months
- −₹337 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Kotak Flexicap Fund?
- ₹98 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Kotak Flexicap Fund?
- 0.61% a year for the Direct plan, as of 30 Jun 2026.
- How large is Kotak Flexicap Fund?
- ₹56,119 crore under management as of 31 Jul 2026, in the Flexi Cap Fund category.
- How risky is Kotak Flexicap Fund?
- Its SEBI Riskometer reading is "Very High Risk". Go-anywhere equity across company sizes. India's biggest active shelf.
- What are the 5-year returns of Kotak Flexicap Fund?
- 12.53% a year over the last 5 years (Direct plan, CAGR), against a Flexi Cap Fund average of 12.69%. Past returns do not predict future returns.
- What is the worst 3-year return of Kotak Flexicap Fund?
- 13.6% a year — the weakest of 25 overlapping 3-year holding periods, beginning 1 Feb 2022. The median was 17.1% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Kotak Flexicap Fund?
- Harsha Upadhyaya, managing this fund for 14 years.
Where this fund sits
Its shelf, all funds
Fx · Flexi & multi cap →
Go-anywhere equity across company sizes. India's biggest active shelf.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Flexi Cap Fund funds
- Parag Parikh Flexi Cap Fund₹1.48 lakh crore
- HDFC Flexi Cap Fund₹1.11 lakh crore
- Aditya Birla Sun Life Flexi Cap Fund₹28,112 crore
- ICICI Prudential Flexicap fund₹24,100 crore
- UTI - Flexi Cap Fund₹24,036 crore
- SBI FLEXICAP FUND₹22,897 crore
- Franklin India Flexi Cap Fund₹19,509 crore
- Canara Robeco Flexi Cap Fund₹13,615 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY 500 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.