Kotak Small Cap Fund went on a great run after it became a small-cap fund in 2019. However, 2023 has been average, though better than the previous year. While the first quarter of 2023 saw the fund containing the downside better as compared to its peers, the second quarter was muted. However, its long-term performance remains crystal clear! Reasons for performance Exposure to Chemicals, Consumer discretionary and Services sectors didn't work in favour of Kotak
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