NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Kotak Flexicap Fund Growth for NRI [83.53]

Min Investment

100

Fund Size

51,094.44 Cr

Expense Ratio

1.5%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

83.53

0.47%

NAV as on 15 Jul 24, 12:00 AM

very high risk

flexi cap

equity

NAV as on 15 Jul 24, 12:00 AM

very high risk

flexi cap

equity

40.24%p.a.

Last 1Y

19.04%p.a.

Last 3Y

18.66%p.a.

Last 5Y

15.20%p.a.

Since Inception

About Kotak Flexicap Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Kotak Flexicap Fund Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Flexi Cap mutual fund scheme that predominantly invests in Flexi Cap stocks of companies. Launched on Sep 2009, Kotak Flexicap Fund Growth is Flexi Cap fund of its category with 51,094.44 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Flexi Cap funds.

  • Kotak Flexicap Fund Growth delivered 40.2% annual returns during the last year. It has delivered 15.2% average annual returns since the fund was launched.
  • Kotak Flexicap Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, generally focused on a few selected sectors. However, there is no assurance that the objective of the scheme will be realized.

Top 10 Holdings

ICICI Bank Ltd

6.22%

Bharat Electronics Ltd

5.87%

HDFC Bank Ltd

5.08%

UltraTech Cement Ltd

4.11%

Jindal Steel & Power Ltd

4.09%

Axis Bank Ltd

3.96%

Larsen & Toubro Ltd

3.96%

State Bank of India

3.95%

Reliance Industries Ltd

3.55%

Maruti Suzuki India Ltd

3.47%

Fund Managers

  1. Harsha Upadhyaya (Aug 2012 - Present)
  2. Arjun Khanna (Mar 2022 - Present)

Key Information

View Scheme Document

Kotak Flexicap Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Kotak Flexicap Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Kotak Flexicap Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Kotak Flexicap Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions