|Min SIP Amount||₹500|
|NAV||₹53.80 (23 Jul 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹36,355 Cr|
|ICICI Bank Ltd.||Financial||Equity||7.8%|
|HDFC Bank Ltd.||Financial||Equity||5.7%|
|Ultratech Cement Ltd.||Construction||Equity||5.6%|
|Reliance Industries Ltd.||Energy||Equity||5.6%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.0%|
|Axis Bank Ltd.||Financial||Equity||3.9%|
|Larsen & Toubro Ltd.||Construction||Equity||3.7%|
|State Bank of India||Financial||Equity||3.5%|
Kotak Flexicap Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹36,355 Cr and the Latest NAV as of 23 Jul 2021 is ₹53.80.
The Kotak Flexicap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
The scheme seeks to generate longterm capital appreciation from a portfolio of equity and equity related securities, generally focused on a few selected sectors.
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.