ReviewDirect · Growth
Kotak Flexi Cap Fund
Kotak Mahindra Mutual FundEquity Schemes - Flexi Cap Fund13.7 years
The scheme seeks to generate longterm capital appreciation from a portfolio of equity and equity related securities, generally focused on a few selected sectors.
- NAV
- 93.27
- 15 Sept 2026
- 1Y
- -2.8%
- Trailing CAGR
- Upside capture
- +95%
- Vs NIFTY 500 TRI
- Downside capture
- +90%
- Lower is better
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-2.8%
- 3Y+10.2%
- 5Y+9.8%
- 10Y+13.0%
- SI+15.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-6.4%
- 3Y+4.0%
- 5Y+9.6%
- 10Y+12.8%
- Since inception
- +15.2%
- Calendar-day CAGR
- Excess 1Y
- -6.8%
- Category median, same plan and option
- 3Y win rate
- +41%
- Windows beating the median
- 3Y percentile
- 18
- Vs comparable share classes
- Worst rolling 3Y
- -4.2%
- 2636 daily-ending windows
- Median rolling 3Y
- +16.6%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2142 daily-ending windows
- SIP 3Y XIRR
- +4.0%
- Simulated monthly SIP
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 15 Sept 2026.
- 1Y excess
- -0.5%
- Fund minus TRI
- 3Y excess
- +0.8%
- Fund minus TRI
- Upside capture
- +95%
- Benchmark-up months
- Downside capture
- +90%
- Lower is better
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 13 days
- 167 recovered episodes
- Longest recovery
- 233 days
- Trough to prior peak
- Current spell
- 216 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
24 Jan 2020 – 11 Nov 2020
Trough 23 Mar 2020 · recovered in 233 days
-37.3%
6 Aug 2015 – 29 Jun 2016
Trough 25 Feb 2016 · recovered in 125 days
-17.9%
17 Jan 2022 – 13 Sept 2022
Trough 20 Jun 2022 · recovered in 85 days
-17.8%
26 Sept 2024 – 9 Jun 2025
Trough 28 Feb 2025 · recovered in 101 days
-16.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
18
Vs category
8
Consistency
46
Risk-adjusted
58
Drawdown
7
Mean
27
Portfolio
31 Aug 2026 · 59 holdings · top 10 are 41.4%.
- Top 5
- 24.1%
- Top 10
- 41.4%
- Largest holding
- 5.7%
- Effective holdings
- 35.8
ICICI Bank Ltd
Financial
5.7%
Bharat Electronics Ltd
Industrials
5.4%
HDFC Bank Ltd
Financial
5.0%
State Bank of India
Financial
4.5%
Zomato Ltd
Technology
4.1%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Review
Engine status
Review
Closer look
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Three-year return sits below the 25th percentile of comparable share classes.
- Maximum drawdown exceeded 35%.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
360 ONE Flexicap Fund
360 ONE Mutual Fund
- 1Y
- +6.6%
- 3Y
- +16.2%
- Vol
- 14.9%
- Max DD
- -18.1%
- Sharpe
- 0.83
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
ICICI Prudential Flexi Cap fund
ICICI Prudential Mutual Fund
- 1Y
- +5.3%
- 3Y
- +15.6%
- Vol
- 13.5%
- Max DD
- -19.7%
- Sharpe
- 0.80
- 3Y win
- +95%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Invesco India Flexi Cap Fund
Invesco Mutual Fund
- 1Y
- -0.3%
- 3Y
- +16.7%
- Vol
- 14.4%
- Max DD
- -19.4%
- Sharpe
- 0.81
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
WhiteOak Capital Flexi Cap Fund
WhiteOak Capital Mutual Fund
- 1Y
- +2.6%
- 3Y
- +13.7%
- Vol
- 12.8%
- Max DD
- -15.6%
- Sharpe
- 0.87
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
JM Flexi Cap Fund
JM Financial Mutual Fund
- 1Y
- +0.2%
- 3Y
- +13.9%
- Vol
- 17.2%
- Max DD
- -35.0%
- Sharpe
- 0.69
- 3Y win
- +77%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER