Kotak Mutual Fund · Direct Growth · SEBI Category: Small Cap
Kotak Small Cap Fund is managed by Harish Bihani with a research-driven, disciplined approach to small cap investing. The fund focuses on companies with scalable business models, strong management teams and reasonable valuations — applying quality filters that are less common in the small cap space where many managers prioritize growth momentum over business quality.
The fund maintains a moderately concentrated portfolio of 50 to 70 stocks, striking a balance between diversification and conviction. Harish Bihani's approach emphasizes understanding the business model deeply before investing, which leads to lower portfolio turnover and more stable holdings compared to momentum-driven small cap funds.
Harish Bihani is Fund Manager at Kotak Mutual Fund and manages the Kotak Small Cap Fund. He focuses on identifying quality small cap businesses — companies with strong business models, clean balance sheets and capable management teams — before they attract broader institutional attention. His research-driven approach reflects Kotak MF's conservative investment culture applied to the small cap universe.
For current co-manager details and full biography, refer to the latest Kotak Mutual Fund factsheet on AMFI or the AMC website.
Informational points to help you form your own view — not judgements or recommendations.
Live data. Current fund highlighted. Click any fund name for full analysis.
| Fund | NAV | AAUM | 1Y Return | 3Y CAGR | 5Y CAGR | Sharpe (3Y) |
|---|---|---|---|---|---|---|
| Nippon India Small Cap Fund | ₹194.79 | ₹65.6K Cr Jan–Mar 2026 | +4.0% | +19.4% p.a. | +21.5% p.a. | 0.95 |
| SBI Small Cap Fund | ₹194.52 | ₹34.3K Cr Jan–Mar 2026 | +0.1% | +13.4% p.a. | +14.5% p.a. | 0.53 |
| Kotak Small Cap Fund ▲ | ₹300.61 | ₹16.3K Cr Jan–Mar 2026 | -0.6% | +14.6% p.a. | +15.0% p.a. | 0.69 |
| Axis Small Cap Fund | ₹124.48 | ₹25.5K Cr Jan–Mar 2026 | +2.9% | +16.8% p.a. | +17.9% p.a. | 0.80 |
| HDFC Small Cap Fund | ₹152.20 | ₹36.3K Cr Jan–Mar 2026 | -1.1% | +15.0% p.a. | +17.7% p.a. | 0.68 |
Calculated from 2,566 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.
1M / 3M / 6M / 1Y — simple point-to-point return · 3Y / 5Y / 10Y — CAGR (compounded annual growth rate)
Based on all rolling windows in full NAV history. Dates show the start and end of each period.
Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.
Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →
How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.
Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.
Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →
Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.
See how Kotak-Small Cap Fund ranks against other Small Cap funds on returns, drawdown, Sharpe ratio and AAUM — side by side.
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