ReviewDirect · Growth
Kotak Small Cap Fund
Kotak Mahindra Mutual FundEquity Scheme - Small Cap Fund13.7 years
The scheme seeks to generate capital appreciation from a diversified portfolio of equity and equity related securities by investing predominantly in small cap companies.
- NAV
- 318.911
- 15 Sept 2026
- 1Y
- +3.3%
- Trailing CAGR
- Upside capture
- +88%
- Vs NIFTY SMALLCAP 250 TRI
- Downside capture
- +74%
- 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+3.3%
- 3Y+11.5%
- 5Y+12.2%
- 10Y+17.2%
- SI+18.7%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+12.8%
- 3Y+7.4%
- 5Y+12.0%
- 10Y+18.6%
- Since inception
- +18.7%
- Calendar-day CAGR
- Excess 1Y
- -13.1%
- Category median, same plan and option
- 3Y win rate
- +42%
- Windows beating the median
- 3Y percentile
- 6
- Vs comparable share classes
- Worst rolling 3Y
- -8.9%
- 2637 daily-ending windows
- Median rolling 3Y
- +20.6%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2144 daily-ending windows
- SIP 3Y XIRR
- +7.4%
- Simulated monthly SIP
Official benchmark
Date-aligned against NIFTY SMALLCAP 250 TRI. Capture ratios use common month-end observations through 16 Sept 2026.
- 1Y excess
- -0.9%
- Fund minus TRI
- 3Y excess
- -2.5%
- Fund minus TRI
- Upside capture
- +88%
- Benchmark-up months
- Downside capture
- +74%
- 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
- 12 days
- 142 recovered episodes
- Longest recovery
- 340 days
- Trough to prior peak
- Current spell
- 714 days
- Days below latest peak
- Time below peak
- +86%
- NAV observations
8 Jan 2018 – 5 Nov 2020
Trough 24 Mar 2020 · recovered in 226 days
-40.6%
8 Jan 2013 – 28 Mar 2014
Trough 28 Aug 2013 · recovered in 212 days
-30.0%
1 Oct 2024 – open
Trough 3 Mar 2025 · not recovered
-24.7%
17 Jan 2022 – 26 May 2023
Trough 20 Jun 2022 · recovered in 340 days
-18.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
6
Vs category
0
Consistency
43
Risk-adjusted
69
Drawdown
0
Mean
24
Portfolio
31 Aug 2026 · 80 holdings · top 10 are 29.7%.
- Top 5
- 18.5%
- Top 10
- 29.7%
- Largest holding
- 4.3%
- Effective holdings
- 55.5
Aster DM Healthcare Ltd
Healthcare
4.3%
Vijaya Diagnostic Centre Ltd
Healthcare
4.2%
Sansera Engineering Ltd
Consumer Discretionary
4.2%
Krishna Institute Of Medical Sciences Ltd
Healthcare
3.3%
Kalpataru Power Transmission Ltd
Industrials
2.5%
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.
Bajaj Finserv Small Cap Fund
Bajaj Finserv Mutual Fund
- 1Y
- +14.5%
- 3Y
- n/a
- Vol
- 16.1%
- Max DD
- -16.2%
- Sharpe
- 0.40
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
BANDHAN Small Cap Fund
Bandhan Mutual Fund
- 1Y
- +12.1%
- 3Y
- +24.4%
- Vol
- 17.2%
- Max DD
- -24.3%
- Sharpe
- 1.36
- 3Y win
- +75%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
BANK OF INDIA SMALL CAP FUND
Bank of India Mutual Fund
- 1Y
- +27.7%
- 3Y
- +21.4%
- Vol
- 18.0%
- Max DD
- -32.4%
- Sharpe
- 1.19
- 3Y win
- +84%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
Edelweiss Small Cap Fund
Edelweiss Mutual Fund
- 1Y
- +6.6%
- 3Y
- +14.5%
- Vol
- 17.4%
- Max DD
- -37.1%
- Sharpe
- 1.07
- 3Y win
- +83%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
ITI Small Cap Fund
ITI Mutual Fund
- 1Y
- +18.4%
- 3Y
- +23.8%
- Vol
- 20.1%
- Max DD
- -39.9%
- Sharpe
- 0.87
- 3Y win
- +53%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility