Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

AMFI · ARN-356973

PSS VenturesWealth · North East
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Kotak Mahindra Mutual Fund

Kotak Flexi Cap Fund

Moderately highEquity — Large/FlexiFlexi CapRegular plan · Growth
Min SIP
₹100
Min lumpsum
₹5,000
Start a SIPBuy lumpsum

No NAV is published for this scheme yet. It appears here once the scheme is matched to its AMFI scheme code in the daily NAVAll.txt file — until then we show nothing rather than a figure we cannot source.

Data: AMFI factsheet, refreshed daily. NAV is the only market figure we publish; returns, AUM and expense ratio are shown only where we hold a verified source for them.

Regular vs Direct — full disclosure

We transact this scheme's Regular plan and earn a trail commission from the AMC for it. That commission is embedded in the scheme's expense ratio and deducted from NAV — you are never billed separately, and it is not an additional charge on top of the expense ratio. We are not quoting an expense-ratio or trail figure on this page because we do not currently hold a verified source for it: the scheme's total expense ratio, and the distributor commission inside it, are stated in its Scheme Information Document and in Kotak Mahindra Mutual Fund's monthly factsheet, and we will confirm both in writing on request. The Direct plan is the same scheme, same fund manager, same holdings, with the distributor commission stripped out; it is available on the AMC's website or via any Direct-only platform.

Overview

Kotak Flexi Cap Fund is a equity — large/flexi scheme (Flexi Cap) managed by Kotak Mahindra Mutual Fund. The fund is benchmarked against the NIFTY 500 TRI and is managed by Harsha Upadhyaya. We do not publish an AUM figure for this scheme — the monthly average AUM is disclosed by the AMC in its factsheet and in AMFI's monthly data.

Risk classification on the SEBI risk-o-meter is Moderately high. The risk-o-meter is recalculated monthly based on the actual portfolio holdings (SEBI October 2020 circular). For this category, you should expect drawdowns in the 25–40% range during severe market corrections; the long-term return potential reflects the volatility you accept by holding through those drawdowns.

Returns

We do not publish return figures for this scheme. AMFI's free daily feed carries NAV only — there is no public CAGR feed behind it — and the return figures previously shown here were illustrative placeholders rather than verified data, so they have been withdrawn. Standardised 1-year, 3-year, 5-year and since-inception returns are published by Kotak Mahindra Mutual Fund in its monthly factsheet and on the AMFI website; we will not restate them here until we can source them directly. NAV on this page is sourced daily from AMFI. Past performance may or may not be sustained in future.

Holdings

Top holdings are refreshed monthly from the AMC's portfolio disclosure (typically published within 15 days of month-end per SEBI). We do not display stale holdings here; for the latest portfolio, see the AMC's factsheet on Kotak Mahindra Mutual Fund's website.

NAV is refreshed daily from AMFI; portfolio holdings come from the AMC's monthly factsheet. We do not publish return figures we cannot source.

Risk and exit load

  • Risk-o-meter: Moderately high.
  • Exit load: 1% if redeemed < 12 months.
  • Volatility benchmark: NIFTY 500 TRI TRI.
  • Liquidity: open-ended; redeemable on any business day subject to cut-off times (3:00 PM for equity, 1:30 PM for liquid).

Tax treatment

For an equity-oriented scheme (65%+ equity allocation): long-term capital gains (held > 12 months) are taxed at 12.5% beyond the Rs 1.25 lakh annual exemption; short-term gains are taxed at 20% (post Budget 2024). For ELSS specifically, the 3-year lock-in per unit applies — your January 2026 SIP units can be redeemed only in January 2029.

For debt-oriented schemes bought after 1 April 2023: gains are taxed at slab rate regardless of holding period (indexation benefit removed). Hybrid schemes follow equity or debt taxation depending on the actual equity allocation; check the factsheet.

FAQs

Is this a Regular or Direct plan?
This page describes the Regular plan, transacted via PSS Ventures on the BSE StAR MF rail. The Direct plan of the same scheme has a lower expense ratio (no distributor commission) and is available on the AMC's website or via Direct-only platforms. The trail commission we earn on the Regular plan is disclosed on this page; where we hold a verified expense ratio for the scheme we show both figures and the gap between them.
How is the expense ratio charged?
The expense ratio is deducted from the scheme's daily NAV; you do not see a separate debit. The Regular plan's expense ratio includes the trail commission paid by the AMC to the distributor. The Direct plan strips that out.
What does the risk-o-meter mean?
The risk-o-meter is SEBI-mandated disclosure (October 2020 circular, updated since). It rates each scheme's risk on a 6-point scale from Low to Very High based on a portfolio risk score recalculated monthly. Equity small-cap and sector / thematic funds are typically Very High.
Can I redeem any time?
Most open-ended schemes allow redemption on any business day, subject to exit load if redeemed within the load period (often 12 months). ELSS has a hard 3-year lock-in per unit; in a SIP, each instalment locks in independently. Settlement is T+2 for equity, T+1 for liquid.
How is the gain taxed?
Equity-oriented funds: Long-term capital gains (held > 12 months) are taxed at 12.5% beyond the Rs 1.25 lakh annual exemption; short-term gains taxed at 20% (post Budget 2024). Debt funds bought after 1 April 2023 are taxed at slab rate regardless of holding period (indexation benefit removed). Hybrid taxation depends on equity allocation.

Compare with alternates in Equity — Large/Flexi

Disclaimer

Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing. Past performance is not indicative of future returns. This page describes the Regular plan of the scheme, transacted via PSS Ventures on the BSE StAR MF rail. We earn trail commission from the AMC on Regular plan AUM. No NAV forecasts, guaranteed returns, or ranked "best fund" claims are made on this site. For grievances, contact Compliance Officer at pssventures.india@gmail.com; unresolved escalations via SEBI SCORES or SEBI ODR.