Meta Title

Kotak Small Cap Fund - NAV, Returns, AUM, Investment Details & Performance Analysis

Meta Description

Invest in Kotak Small Cap Fund with ₹308 NAV and ₹17,902 Cr AUM as of July 2025. Get complete details on returns, fund managers, investment objective and FAQs.

Investment Objective and Approach

The investment objective of Kotak Smallcap is to generate capital appreciation from a diversified portfolio of equity & equity related securities. The scheme predominantly invests in companies in the small cap market capitalization segment across sectors. The essence is to 'spot them young and watch them grow'. The scheme is well positioned to provide the benefit of potential growth offered by smallcap stocks.

Kotak Small Cap Fund aims to generate long term capital growth by investing at least 65% in small cap stocks, with diversification across sectors. The fund follows a growth-oriented investment philosophy focusing on identifying emerging companies with strong fundamentals and growth potential in the small-cap universe.

Key investment approach highlights:

- Primarily invests in companies ranked 251st onwards by market capitalization

- Focuses on businesses with sustainable competitive advantages

- Emphasizes quality management and strong business fundamentals

- Maintains diversified sector allocation to reduce concentration risk

Fund Managers

Mr. Harish Bihani has been managing the fund since 20/10/2023 and brings extensive experience to the fund management role.

Harish Bihani - Fund Manager

Mr. Harish Bihani has joined the AMC as the Fund Manager - Equity in the Investments Department of the AMC. Mr. Harish Bihani has an overall experience of above 10 years. Harish Bihani did his MBA from IBS, Hyderabad. He worked at Kotak Institutional Equities and SBI Mutual Fund before joining ICICI Prudential AMC as the Senior Fund Manager.

His expertise spans across equity research, portfolio construction, and risk management, making him well-suited to manage the complexities of small-cap investing.

About the Fund House (AMC)

Kotak Mahindra Asset Management Company Limited

Kotak Mahindra Asset Management Company Limited (KMAMC), a wholly owned subsidiary of Kotak Mahindra bank Limited (KMBL), is the Asset Manager for Kotak Mahindra Mutual Fund (KMMF). KMAMC started operations in December 1998.

#### Company Background

Kotak Mutual Fund (Kotak Mahindra Asset Management Company Limited) is an Indian asset management company and a wholly owned subsidiary of Kotak Mahindra Bank. It was established in 1985 by Uday Kotak as part of the Kotak Mahindra finance group, and began its mutual fund operations in 1998.

#### Key Milestones & Achievements

- 1998: Kotak Mahindra Mutual Fund was launched. Kotak AMC began operations in December 1998, introducing its first mutual fund schemes (two gilt funds focused on government securities) on 29 December 1998.

- 2003: Within five years of launch, Kotak MF's assets under management grew to around ₹3,000 crore by March 2003, with about 93,000 investor folios, reflecting early growth of the fund house.

- 2020: In December 2020 Kotak Mutual Fund launched the Kotak International REIT Fund of Funds, which was India's first international real-estate (REIT) focused fund-of-funds. This product allowed domestic investors to gain exposure to global real estate investment trusts and marked a significant innovation in the Indian mutual fund industry.

#### Current Scale & Operations

- As of 31st March 2024, the asset under management of Kotak AMC is more than 3.81 lakh crores.

- KMAMC has 86 branches spread over 82 cities in India and has 25.9 lakh unique investors.

- They are the fifth largest AMC based on Quarterly AUM as of Jun 2023.

#### Product Range & Services

Kotak Mutual Fund offers a comprehensive range of investment products and services catering to various investor needs: • Mutual Fund Schemes: The fund house manages a wide array of mutual fund schemes across all major asset classes – equity funds, debt funds, hybrid/balanced funds, tax-saving funds (ELSS), exchange-traded funds (ETFs), fund-of-funds, and others. As of early 2024, Kotak AMC was managing over 260 mutual fund schemes designed for different risk profiles

Should I Invest in Kotak Small Cap Fund?

This fund is suitable for investors who:

Risk Profile & Investment Horizon

The Kotak Smallcap Fund is classified as having a 'VeryHigh' risk level on the riskometer. Small-cap funds inherently carry higher volatility compared to large-cap funds due to the nature of underlying investments.

When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. This is a fund that invests in smaller companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

Investment Strategy Recommendation

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing. Warning: Do not invest in this, or any other small-cap fund, if you need to redeem your investment in less than seven years.

Current Fund Performance Metrics (as of August 2025)

- As of 26th August 2025, Kotak Smallcap Fund Direct Growth has provided annualized returns of -3.99% in the last 1 year, 19.87% over 3 years, 32.77% over 5 years, and 20.22% since inception.

- As of 31st July 2025, ₹ 17,902 Cr. is the AUM of Kotak Smallcap Fund.

- 0.52% expense ratio is charged by the Kotak Smallcap Fund Direct Growth as on 31st July 2025.

Who Should Consider This Fund

- Investors with high risk tolerance

- Those seeking long-term wealth creation (7+ years)

- Investors comfortable with high volatility

- Those who can invest through systematic investment plans (SIP)

- Investors looking for exposure to emerging small-cap companies

FAQs

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

The current NAV varies daily based on market movements. You can check the latest NAV on Allvest platform or the official Kotak Mutual Fund website for real-time updates.

What is the AUM of Kotak Small Cap Fund?

As of 31st July 2025, ₹ 17,902 Cr. is the AUM of Kotak Smallcap Fund.

What is the expense ratio of Kotak Small Cap Fund?

0.52% expense ratio is charged by the Kotak Smallcap Fund Direct Growth as on 31st July 2025.

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

As of 26th August 2025, Kotak Smallcap Fund Direct Growth has provided annualized returns of 20.22% since inception. Scheme Inception date is 24/02/2005.

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

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

How do I invest in Kotak Small Cap Fund?

You can invest in Kotak Small Cap Fund through Allvest platform online, directly through Kotak Mutual Fund website, or via authorized distributors. Complete your KYC and choose between SIP or lump sum investment options.

How to start a SIP in Kotak Small Cap Fund?

Register on Allvest, complete your KYC verification, select Kotak Small Cap Fund, choose SIP option, set your monthly amount (minimum ₹100), select investment date, and set up auto-debit instructions from your bank account.

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

After setting up your SIP on Allvest, provide auto-debit mandate or set up standing instructions with your bank. This ensures automatic monthly deductions without manual intervention for seamless investing.

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

You can redeem your units through Allvest platform, Kotak Mutual Fund website, or by submitting redemption forms. Redemption proceeds are typically credited to your registered bank account within 2-4 working days.