Investment Objective and Approach

The investment objective of Kotak Flexicap Fund scheme is to generate long term capital appreciation from a portfolio of equity and equity related securities, generally focused on select few sectors. The scheme endeavors to identify sectors that are likely to do well over the medium term and takes focus exposures to the same.

There is no restriction on which type of sectors the scheme can take exposure to and the portfolio will be generally diversified at the stock level across market capitalization. The scheme is well-positioned to capture various themes that are in flavour in a focused manner.

This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.

The fund operates as an open-ended dynamic equity scheme that invests across large-cap, mid-cap, and small-cap stocks without market capitalization restrictions. The concentrated approach allows for focused sector bets while maintaining diversification at the stock level.

Fund Manager

Mr. Harsha Upadhyaya has been managing the fund since 04/08/2012. Mr. Harsha Upadhyaya heads the equity desk at KMAMC, and also directly manages funds such as Kotak Select Focus, Kotak Opportunities and Kotak Tax Saver.

Professional Background

- Mr. Harsha Upadhyaya has 23 years of proven experience spread over Equity Research & Fund Management.

- He has previously worked with DSP BlackRock, UTI Asset Management, Reliance Group and SG Asia Securities.

Educational Qualifications

- Harsha completed his Bachelor of Engineering (Mechanical) from National Institute of Technology, Suratkal and holds a Post Graduate Diploma in Management (Finance) from Indian Institute of Management, Lucknow.

- He also holds Chartered Financial Analyst charter from the CFA Institute, US.

Current Portfolio Management

Mr. Harsha Upadhyaya manages 7 funds of Kotak Mahindra Mutual Fund. Harsha Upadhyaya, Chief Investment Officer - Equity at Kotak Mahindra Asset Management Company, currently manages seven schemes with total assets of around Rs 78,704 crore.

About the Fund House (AMC)

Kotak Mahindra Asset Management Company has established itself as a leading mutual fund house in India with a rich history of over two decades.

Company Overview

- Kotak Mutual Fund, founded in 1998, has grown significantly, expanding its product range and enhancing technology to improve customer service. In 1998, Kotak Mahindra Mutual Fund started with 2 funds- Kotak Gilt Long term fund (which is called Kotak Gilt Fund now), Kotak Gilt Savings short term fund (which is now called Kotak Banking PSU Debt Fund).

- As of June 30, 2025, we manage an average AUM of ₹5.57 lakh crores.

Corporate Information

- Kotak Mahindra Asset Management Company 2nd Floor, 12-BKC, Plot No C-12, G Block, BKC, Bandra (East), Mumbai - 400 051

- Computer Age Management Services (CAMS) is the RTA of Kotak Mutual Fund.

Key Statistics

- Kotak Flexi Cap Fund is the largest Equity Fund of Kotak Mutual Fund based on AUM.

- It has an AUM of ₹53,293.04 Crores and the latest NAV decalared is ₹95.632 as on 20 Aug 2025 at 10:28 pm.

The fund house has demonstrated consistent growth and maintains a strong technological infrastructure to serve its investors effectively.

Should I Invest in Kotak Flexi Cap Fund?

This fund may be suitable for investors seeking:

Investment Horizon: Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years. When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Investment Method: Like for all equity funds, you must invest only through the SIP route.

Return Expectations: Over the past five years, Kotak Flexicap Fund - Direct Plan has delivered an annualised return of 20.31% as of 20-Aug-2025.

Risk Profile: The Kotak Flexicap Fund Direct Growth is rated Very High risk.

Tax Implications:

- If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 20%.

- If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at the rate of 12.5%.

The fund is ideal for investors with a long-term investment horizon who can tolerate market volatility and seek diversified exposure across market capitalizations through professional fund management.

FAQs

What is today's NAV of Kotak Flexi Cap Fund?

The latest declared NAV of Kotak Flexicap Fund - Direct Plan, is ₹95.6320 as of 20-Aug-2025. NAV is updated daily on business days and varies for direct and regular plans.

What is the AUM of Kotak Flexi Cap Fund?

It has an AUM of ₹53,293.04 Crores as of August 2025. The fund is one of the largest flexi-cap funds in India by assets under management.

What is the expense ratio of Kotak Flexi Cap Fund?

The expense ratio varies between direct and regular plans. Direct plans typically have lower expense ratios compared to regular plans. Please check the latest fact sheet for current expense ratios.

What are the returns of Kotak Flexi Cap Fund since inception?

Kotak Flexicap Fund Direct-Growth scheme return performance in last 1 year is 4.98%, in last 3 years is 62.97% and 609.02% since scheme launch. Scheme Inception date is 11/09/2009.

What is the minimum SIP amount to invest in Kotak Flexi Cap Fund?

The minimum investment required to start investing in Kotak Flexicap Fund - Direct Plan is ₹100 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.

How do I invest in Kotak Flexi Cap Fund?

You can invest through Allvest platform, directly through Kotak AMC website, or through registered mutual fund distributors. Complete your KYC requirements and choose between lump sum or SIP investment options.

How to start a SIP in Kotak Flexi Cap Fund?

Register on Allvest platform, complete KYC verification, select Kotak Flexi Cap Fund, choose SIP option, set investment amount (minimum ₹100) and frequency (monthly/quarterly). Set up auto-debit for seamless investing.

How do I automate an SIP in Kotak Flexi Cap Fund?

After setting up your SIP on Allvest, provide bank mandate or set up auto-debit facility. This ensures automatic deduction of SIP amount on chosen dates without manual intervention every month.

How can I withdraw/redeem my investment in Kotak Flexi Cap Fund?

Login to Allvest platform, select the fund, choose redemption option, specify units or amount to redeem. Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days. Redemption proceeds are typically credited within 1-3 business days.