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


Kotak Flexicap Fund Growth for NRI [83.53]

Min Investment


Fund Size

51,094.44 Cr

Expense Ratio


Exit Load


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



NAV as on 15 Jul 24, 12:00 AM

very high risk

flexi cap


NAV as on 15 Jul 24, 12:00 AM

very high risk

flexi cap



Last 1Y


Last 3Y


Last 5Y


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


Bharat Electronics Ltd


HDFC Bank Ltd


UltraTech Cement Ltd


Jindal Steel & Power Ltd


Axis Bank Ltd


Larsen & Toubro Ltd


State Bank of India


Reliance Industries Ltd


Maruti Suzuki India Ltd


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


per month

For a period of

Investment of 0 could have been


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