Fund Details
Kotak Flexicap Fund Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.66% |
| NAV | ₹31.97 (22 Jun 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹35,955 Cr |
Returns
Comparison
1. Lower expense ratio - 0.64%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is more than 10000 Crs. Returns tend to go low once AUM exceeds a certain amount
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 8.3% |
| Infosys Ltd. | Technology | Equity | 6.2% |
| HDFC Bank Ltd. | Financial | Equity | 5.9% |
| Reliance Industries Ltd. | Energy | Equity | 5.8% |
| Ultratech Cement Ltd. | Construction | Equity | 5.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.7% |
| Axis Bank Ltd. | Financial | Equity | 4.0% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.7% |
| State Bank of India | Financial | Equity | 3.5% |
| SRF Ltd. | Diversified | Equity | 3.3% |
Fund Managers
Kotak Flexicap Fund Direct IDCW Details
Kotak Flexicap Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Harsha Upadhyaya is the Current Fund Manager of Kotak Flexicap Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹35,955 Cr and the Latest NAV as of 22 Jun 2021 is ₹31.97.
The Kotak Flexicap Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 200000. For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Investment Objective
The scheme seeks to generate longterm capital appreciation from a portfolio of equity and equity related securities, generally focused on a few selected sectors.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
