Kotak Flexicap Review

It is popular with name “Kotak select focus” once annd later due to SEBI Mandate the name was changed to “Kotak Standard Multicap” and now- “Kotak Flexicap Fund”(Due to introduction of “Flexicap” by SEBI)

Kotak Flexicap Details

  • Launch Date- 2009 September 11th(Regular Plan)1st January 2013(Direct Plan)
  • Benchmark- Nifty 200 Total Return Index(TRI)
  • Return since launch-15.06%(Regular Plan),18.41%(Direct Plan)
  • Fund Manager- Harsha Upadhyaya (since August 1st,2012)
  • Assets under Management-38,609 crores
  • Expense Ratio-1.57%(Regular Plan),0.64%(Direct Plan)
  • Turnover Ratio-7.60%
  • Minimum Investment- 5,000 rupees (Lumpsum)
  • Minimum sip amount-500 rupees
  • Minimum Additional Investment-1000 rupees
  • Lock-in- Not Applicable
  • Exit Load- If Redeemed in excess of 10% of allotted units before 1 year from the date of allotment 1% would be charged

Scheme Performance

Year To Date1 Day1 Week1 Month3 Months6 Months1 Year3 Year5 Year7 Year10 Year
Kotak Flexicap Performance- Regular Plan30.700.682.262.8810.7122.8549.9719.9315.3015.6817.62
Kotak Flexicap- Direct Plan Performance31.700.682.282.9610.9723.4351.4121.1116.4916.87N.A
as on October15th,2021

Once Kotak select focus fund is a stellar performer. But due to high AUM, it’s performance is degrading year-on-year.

By observing the above table, it is consistently underperforming its benchmark. But it has long track record. If you hope this fund would bounce back once again, invest in this scheme with the help of your financial advisor.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: