The SIP return over the period stood at a CAGR of 13.66%, the fund house said.
The scheme, which completed 17 years, had assets under management (AUM) of ₹56,392 crore as of August 31, 2026. The fund has delivered a CAGR of more than 13% since inception, according to the fund house.
For investors who made a ₹10,000 lump-sum investment at inception, the investment would have grown to around ₹84,044 over the same period, translating into a CAGR of 13.33%, Kotak Mutual Fund said.
Kotak Flexicap Fund is an open-ended dynamic equity scheme that invests across large-cap, mid-cap and small-cap stocks. Its investment objective is to generate long-term capital appreciation through investments in equity and equity-related securities, generally with a focus on selected sectors.
The fund’s Tier I benchmark is the Nifty 500 Total Return Index (TRI). It is managed by Harsha Upadhyaya, CIO – Equity at Kotak Mutual Fund.
As of August 31, 2026, banking stocks accounted for more than 23% of the fund’s portfolio, followed by chemicals and petrochemicals at 6.8%, pharma and biotechnology at 6.15%, aerospace and defence at 5.4% and retailing at 4.86%, according to the fund house.Past returns and SIP illustrations are based on historical performance and do not indicate how the fund may perform in the future. SIP returns can also vary depending on the investment date, frequency and market conditions.