The fund has maintained a four-star rating or higher for two consecutive years now on the back of its consistent performance. Though it inherits this trait of being consistent from Kotak Flexicap, it hasn't yet got the same level of attention from investors, as seen from its much smaller AUM size (approximately Rs 6,824 crore). The fund's mandate to have 35 per cent of its allocation in mid-cap companies at all times may make it slightly more aggressive than other growth category peers. However, it is a suitable choice to be among the core holdings of a long-term portfolio aiming to build wealth in the long run. Investment strategy The fund follows a growth at reasonable price (GARP) investment style and, as per the mandate, does not take active cash calls, remaining fully invested at all times. Earlier, the fund portfolio used to be made up of 20-30 per cent mid-cap stocks, which wasn't much different from its flexi-cap peer, which, at the time, used to perform better than this fund. However, since the re-categorisation exercise in late 2017-18, the fund moved to its current large-cap and mid-cap category. Thus, it had to shed a bit of its large-cap holdings to get the mid-cap allocation to around 40 per cent in its portfolio. According to its portfolio framework, the number of stocks in its portfolio can range from 40-60, though traditionally, it has stayed towards the higher end of this range. Its top-10 holdings should make up about 45 per cent of its portfolio, and it has followed this tenet religiously (see graph below). The fund usually tries to maintain a sectoral d
Buy, hold, or switch. Get the call.
How's my portfolio doing? What do I need to fix? Where should I invest next? Fund Advisor answers each one. The Advisor Note every Saturday. A live session with Dhirendra Kumar every second Saturday.
No commissions. No conflicts. Since 1991.
See Plans
Already a subscriber ?Log In
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
