Kotak Flexi Cap Fund Direct Growth NAV Moves to ₹93.43 on 16 September; Top Five Holdings at 24.58%

Key Takeaways

• Kotak Flexi Cap Fund Direct Growth NAV rose 0.17% to ₹93.43 on 16 September 2026. 
• The one-year return was -3.29%; the three-year CAGR stood at 10.20% and the five-year CAGR at 9.80%. 
• ICICI Bank led disclosed holdings at 5.67%, and the five largest positions together accounted for 24.58%. 
• Fund size stood at about ₹56,392 crore, with a Direct Growth expense ratio of 0.6589%. 

Kotak Flexi Cap Fund Direct Growth NAV increased 0.17% to ₹93.43 on 16 September 2026. Its three-year CAGR was 10.20%. The fund managed approximately ₹56,392 crore, and the Direct Growth expense ratio was reported at 0.6589%. The minimum SIP and lump-sum investment amounts were both ₹100. 

Return figures differed across the available measurement periods. Over one year, the scheme recorded -3.29%. Its annualised return across three years was 10.20%, with the five-year CAGR slightly lower at 9.80%. The three-year figure exceeded the five-year CAGR by 0.40 percentage points, whereas both remained well above the latest one-year result. 

ICICI Bank was the largest disclosed holding at 5.67%. Bharat Electronics followed closely at 5.40%, with HDFC Bank at 4.97%, SBI at 4.47% and Eternal at 4.07%. These five positions together made up 24.58% of the portfolio, leaving 75.42% across the remaining holdings and components. 

Risk statistics showed beta at 0.94 and standard deviation at 4.28. Alpha stood at 1.12 and the Sharpe ratio at 0.57. They provide historical measures of the portfolio under the relevant calculation methodology rather than a forecast of subsequent performance. 

Flexi-cap funds can allocate across market-cap segments without maintaining a fixed percentage in large-, mid- and small-cap companies. The latest disclosed portfolio had two positions above 5%, and the five largest holdings collectively represented just under one-quarter of assets. This provides a fund-specific view of how the leading disclosed exposures were distributed at the latest portfolio snapshot. 

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