Kotak Special Opportunities Fund
Kotak Mahindra Mutual Fund · Sectoral/Thematic · Direct plan, growth option
| Period | Scheme | Category median | Special opportunities median |
|---|---|---|---|
| 1 month | -0.4% | -5.4% | -3.1% |
| 3 months | 4.7% | -2.8% | 1.2% |
| 6 months | 27.0% | 8.9% | 20.2% |
| Year to date | 12.1% | -2.0% | 7.4% |
| 1 year | 16.7% | 1.4% | 11.2% |
| 3 years (CAGR) | n/a | 13.0% | 17.9% |
| 5 years (CAGR) | n/a | 12.0% | 15.6% |
| 7 years (CAGR) | n/a | 17.0% | 21.5% |
| 10 years (CAGR) | n/a | 14.6% | 16.5% |
| Since first NAV (CAGR) | 6.3% | – | – |
“Special opportunities” is MFIC's grouping of Sectoral/Thematic schemes by the theme or index in their names, not an AMFI category.
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 5.3% | 11.8% |
| 3Y rolling median | n/a | 17.5% |
| 3Y rolling worst | n/a | 3.0% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | 84% |
| 5Y rolling median | n/a | 15.6% |
| 5Y rolling worst | n/a | 1.8% |
| 5Y periods ahead of benchmark | n/a | 91% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | n/a | 16.7% |
| Sharpe ratio | n/a | 0.42 |
| Sortino ratio | n/a | 0.63 |
| Beta | n/a | 0.96 |
| Alpha (ann.) | n/a | 3.7% |
| Upside capture | n/a | 106.94 |
| Downside capture | n/a | 95.17 |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −23.1% | −23.1% |
| Maximum drawdown, last 10Y | n/a | −38.3% |
| Maximum drawdown, last 5Y | n/a | −22.3% |
| Current drawdown | −4.5% | −8.3% |
| Recovery time of worst fall | 469 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
- P/E 21.6: higher than 1% of days since 2024 (median 24.3)
- 1Y −3.9% · 3Y +8.9% p.a. · 5Y +8.6% p.a. (index fund NAV, after costs)
- −9.3% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
The Regular plan's expense ratio is 2.28% a year and the Direct plan's 1.01%, a gap of 1.27%. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹28,55,351.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
- 9 Sep 2026: TER reduced from 1.04% to 1.01% (AMFI TER disclosure)
| Fund manager | Role | Managing since |
|---|---|---|
| Devender Singhal | Primary Fund Manager | 25 Jul 2024 |
| Abhishek Bisen | Primary Fund Manager | 25 Jul 2024 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 1.01% | 1.15% |
| AUM, whole scheme (₹ crore) | 1,985 | 1,272 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 19.5% | -2.0% TRI |
Official benchmark: Nifty 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Sectoral/Thematic Direct plans; how it is calculated.
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | 12.1% | -7.8% | +19.9% |
| 2025 | 2.4% | 7.7% | −5.3% |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,35,272 | 24.4% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Quant Small Cap Fund | Small Cap | 0.96 | 17.0% |
| Kotak Multi Cap Fund | Multi Cap | 0.96 | 15.5% |
| ITI Large & Mid Cap Fund | Large & Mid Cap | 0.95 | n/a |
| Kotak MNC Fund | Sectoral/Thematic | 0.95 | n/a |
| Navi Flexi Cap Fund | Flexi Cap | 0.95 | 10.6% |
| ITI Multi Cap Fund | Multi Cap | 0.95 | 16.1% |
- What is the latest NAV of Kotak Special Opportunities Fund?
- The NAV of the Direct plan (growth option) was ₹11.4980 on 1 Oct 2026, as published by AMFI.
- Which category is Kotak Special Opportunities Fund in?
- It is classified as Sectoral/Thematic in AMFI's daily NAV file; a Sectoral/Thematic scheme invests at least 80% in one sector or theme. MFIC compares it with 253 Sectoral/Thematic schemes (Direct plans).
- What was the largest fall in Kotak Special Opportunities Fund's NAV?
- The largest peak-to-trough fall in its available history was 23.1%.
- What is the expense ratio (TER) of Kotak Special Opportunities Fund?
- The total expense ratio of the Direct plan is 1.01% a year, as disclosed to AMFI (median of Sectoral/Thematic Direct plans: 1.15%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Kotak Special Opportunities Fund?
- Assets under management of the whole scheme were ₹1,985 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Kotak Special Opportunities Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- Who manages Kotak Special Opportunities Fund?
- According to its Scheme Summary Document, Kotak Special Opportunities Fund is managed by Devender Singhal (since 25 Jul 2024), Abhishek Bisen (since 25 Jul 2024).
- What is the exit load of Kotak Special Opportunities Fund?
- As stated in its scheme documents: For redemption / switch out within 90 days from the date of allotment: 0.5% • If units are redeemed or switched out on or after 90 days from the date of allotment -Nil Units issued on reinvestment of IDCW shall not be subject to entry and exit load. Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Kotak Special Opportunities Fund?
- The minimum application amount is Rs. 100/- and any amount thereafter. SIP details: SIP - Rs. 100 and any amount thereafter. SWP - Rs. 1000 STP - Rs. 1000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 16.7% and the Regular plan's by 15.2%. The Regular plan includes the services of a distributor.
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