Kotak Flexi Cap Fund Direct Growth NAV rises to ₹92.52 on 30 September; 3-Year CAGR at 10.44%

Key Takeaways

• Kotak Flexi Cap Fund Direct Growth recorded a NAV of ₹92.52 on 30 September 2026, gaining 0.19%. 
• The one-year return stood at -2.22%, compared with a three-year CAGR of 10.44% and a five-year annualised return of 9.94%. 
• The fund managed approximately ₹56,392 crore and carried a Direct Growth expense ratio of 0.6589%. 
• ICICI Bank was the largest disclosed holding at 5.67%, followed by Bharat Electronics at 5.40%. 

Kotak Flexi Cap Fund Direct Growth recorded a NAV of ₹92.52 on 30 September 2026, increasing 0.19% from the previous valuation. The flexi cap mandate permits investment across the market-cap spectrum without a fixed allocation to large-, mid- and small-cap companies. The fund's company-size composition can therefore shift over time as individual portfolio weights change. 

The one-year return stood at -2.22%. The three-year CAGR was 10.44%, while the five-year annualised return came in at 9.94%. The three-year figure exceeded the five-year reading by 0.50 percentage points. Both longer return periods were substantially above the latest one-year result, reflecting the different starting points used in the trailing calculations. 

Fund size stood at approximately ₹56,392 crore. The Direct Growth expense ratio was displayed at 0.6589%. Both the minimum SIP and minimum lump-sum investment were ₹100. The latest scheme profile showed an operating history of 13 years. 

ICICI Bank accounted for 5.67% of the disclosed portfolio. Bharat Electronics followed at 5.40%, HDFC Bank at 4.97%, SBI at 4.47% and Eternal at 4.07%. Together, these five positions represented 24.58% of the portfolio. Historical beta stood at 0.94 and the Sharpe ratio at 0.57. These statistics and trailing returns describe historical fund behaviour rather than the direction of future NAV movements. 

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