Kotak Flexi Cap Fund Direct Growth NAV at ₹90.83 on 12 October 2026; Expense Ratio Stands at 0.66%

Key Takeaways

• Kotak Flexi Cap Fund Direct Growth recorded a NAV of ₹90.83 on 12 October 2026, declining 0.36% during the valuation day. 
• Historical returns stood at -6.49% over one year, 9.56% annualised over three years and 9.05% annualised over five years. 
• The latest fund-size display was ₹56,392 crore, with an expense ratio of 0.66% and ICICI Bank accounting for 5.48% of disclosed assets. 

Kotak Flexi Cap Fund Direct Growth reported a NAV of ₹90.83 for the valuation dated 12 October 2026. The primary 5paisa NAV card showed a 0.36% decline from the preceding valuation. 

As a flexi-cap fund, the scheme can hold equity and equity-related securities across market-cap categories. Its portfolio is not restricted exclusively to either established large companies or smaller listed businesses. 

Historical return figures displayed on the scheme page showed a one-year performance of -6.49%. The three-year CAGR stood at 9.56%, compared with a five-year annualised return of 9.05%. 

The difference between these annualised figures reflects the separate measurement periods. A negative one-year return can coexist with positive longer-term returns because each calculation covers a different historical interval. 

Assets under management stood at ₹56,392 crore in the latest fund snapshot. The Direct Growth expense ratio was 0.66%, and both minimum SIP and lump-sum investment requirements were ₹100. 

ICICI Bank was the largest displayed portfolio holding, representing 5.48% of assets. Bharat Electronics followed at 5.34%, HDFC Bank at 5.27%, State Bank of India at 4.30% and Eternal at 4.22%. 

Combined, the five largest disclosed positions accounted for 24.61% of the portfolio. Banking institutions occupied three of these five positions. 

The displayed risk statistics included beta of 0.95, standard deviation of 4.43 and Sharpe ratio of 0.39. 

The scheme's exit-load terms provide a redemption allowance for part of the initial investment within one year, with a 1% exit load applicable to units redeemed beyond the specified allowance during that period. 

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.