NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹74.61
-0.03%
NAV as on 30 Apr 24, 12:00 AM
very high risk
flexi cap
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
flexi cap
equity
36.10%p.a.
Last 1Y
18.44%p.a.
Last 3Y
15.93%p.a.
Last 5Y
14.47%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 45,911.9 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Flexi Cap funds.
- Kotak Flexicap Fund Growth delivered 36.1% annual returns during the last year. It has delivered 14.5% 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
6.43%
Larsen & Toubro Ltd
5.08%
Bharat Electronics Ltd
4.78%
UltraTech Cement Ltd
4.41%
HDFC Bank Ltd
4.28%
Maruti Suzuki India Ltd
4.19%
State Bank of India
4.10%
SRF Ltd
3.99%
Axis Bank Ltd
3.97%
Infosys Ltd
3.85%
Fund Managers
- Harsha Upadhyaya (Aug 2012 - Present)
- 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%)
₹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 Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% 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
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Frequently Asked Questions
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