Kotak Flexi Cap Fund Direct Growth NAV Declines to ₹90.77 on 21 October 2026; 3-Year CAGR at 10.12%

Key Takeaways

• Kotak Flexi Cap Fund Direct Growth recorded an NAV of ₹90.77 on 21 October 2026, down 1.07% over the day. 
• Its trailing return record stood at -7.93% for one year, 10.12% CAGR for three years and 9.10% CAGR for five years. 
• The fund's latest displayed AUM was ₹53,087 crore, with a 0.66% Direct Growth expense ratio and ₹100 minimums for both SIP and lump-sum investments. 
• ICICI Bank was the largest disclosed holding at 5.48%, narrowly ahead of Bharat Electronics at 5.34% and HDFC Bank at 5.27%. 

Kotak Flexi Cap Fund Direct Growth recorded an NAV of ₹90.77 on 21 October 2026, declining 1.07% from the previous valuation. The exact date and NAV appear together on the primary 5paisa card. As a flexi-cap equity scheme, its mandate is not confined to one market-cap segment. 

Trailing performance was mixed across the displayed periods. The fund showed a one-year return of -7.93%, a three-year annualised return of 10.12%, and a five-year annualised return of 9.10% as of 21 October. The longer-term CAGR figures should be distinguished from the one-day NAV change, which captures only the latest valuation movement. 

The latest fund size was ₹53,087 crore, and the Direct Growth expense ratio was shown at 0.66%. Minimum SIP and lump-sum investments were both ₹100. These figures describe the plan's latest scale, pricing and entry thresholds. 

The disclosed holdings showed a relatively diversified group of large portfolio positions. ICICI Bank accounted for 5.48%, Bharat Electronics 5.34%, HDFC Bank 5.27%, SBI 4.30% and Eternal 4.22%. Collectively, the five largest disclosed positions represented approximately 24.61% of the portfolio. 

Latest risk statistics included an alpha of 1.08, standard deviation of 4.43, beta of 0.95 and Sharpe ratio of 0.39. These statistics are backward-looking portfolio measures, not forecasts. 

The 21 October NAV update therefore combines a negative daily movement with positive three- and five-year annualised returns in the displayed historical record. The supporting data on AUM, expenses, holdings and risk ratios provide additional context around the scheme but do not indicate how future valuations will behave. 

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