Kotak Flexi Cap Fund Direct Growth NAV Little Changed at ₹95.02 on 22 September

Key Takeaways

• Kotak Flexi Cap Fund Direct Growth NAV was effectively unchanged at ₹95.02 on 22 September, slipping only 0.02% from the previous valuation. 
• The scheme managed approximately ₹56,392 crore, providing scale context alongside the relatively small daily NAV movement. 
• Its Direct Growth expense ratio stood at 0.6589%, with both the minimum SIP and minimum lump-sum investment set at ₹100. 
• The flexi-cap mandate allows the scheme to move across large-, mid- and small-cap stocks without maintaining a fixed minimum allocation to each market-cap segment. 

Kotak Flexi Cap Fund Direct Growth recorded an NAV of ₹95.02 on 22 September 2026, edging 0.02% lower from the previous valuation. With the movement well below one-tenth of a percent, the NAV was effectively little changed over the latest valuation interval. 

Assets under management stood at approximately ₹56,392 crore. The Direct Growth expense ratio was listed at 0.6589%, and both minimum SIP and minimum lump-sum investments were ₹100. The expense ratio is retained at the precision provided in the latest supporting scheme information rather than rounded to two decimal places. 

Kotak Flexi Cap Fund can invest across large-, mid- and small-cap companies without maintaining a fixed minimum allocation to each segment. This gives the portfolio flexibility to alter its market-cap mix within the scheme's stated investment framework. 

That distinction is relevant when comparing the scheme with a multi-cap fund. Multi-cap schemes operate with category-level minimum allocation requirements across large-, mid- and small-cap stocks, whereas a flexi-cap portfolio has greater discretion over the distribution. 

The ₹95.02 NAV represents the per-unit value applicable to 22 September. Its 0.02% daily decline measures only the change from the immediately preceding valuation and does not provide the same information as one-, three- or five-year historical return figures. 

Fund size, expense ratio, investment minimums and portfolio composition therefore provide separate pieces of context around the daily NAV. None of those measures on its own determines how the scheme's NAV will move in subsequent valuation periods. 

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