Kotak Small Cap Fund Regular Growth

Fund Overview

Fund Size

₹17,423 Cr

Expense Ratio

1.64%

ISIN

INF174K01211

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

24 Feb 2005

About this fund

Kotak Small Cap Fund Regular Growth is a Small-Cap mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 20 years, 9 months and 25 days, having been launched on 24-Feb-05.
As of 18-Dec-25, it has a Net Asset Value (NAV) of ₹246.07, Assets Under Management (AUM) of 17423.09 Crores, and an expense ratio of 1.64%.

Kotak Small Cap Fund Regular Growth has given a CAGR return of 16.64% since inception.
The fund's asset allocation comprises around 98.97% in equities, 0.00% in debts, and 1.03% in cash & cash equivalents.
You can start investing in Kotak Small Cap Fund Regular Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

-12.35%

— (Cat Avg.)

3 Years

+14.22%

+18.56% (Cat Avg.)

5 Years

+20.61%

+23.52% (Cat Avg.)

10 Years

+16.77%

+16.80% (Cat Avg.)

Since Inception

+16.64%

— (Cat Avg.)

Portfolio Summaryas of 30th November 2025

Equity	₹17,242.85 Cr	98.97%
Others	₹180.24 Cr	1.03%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Aster DM Healthcare Ltd Ordinary Shares	Equity	₹782.39 Cr	4.49%
Krishna Institute of Medical Sciences Ltd	Equity	₹579.19 Cr	3.32%
Vijaya Diagnostic Centre Ltd	Equity	₹550.76 Cr	3.16%
Century Plyboards (India) Ltd	Equity	₹466.62 Cr	2.68%
Sansera Engineering Ltd	Equity	₹457.48 Cr	2.63%
Techno Electric & Engineering Co Ltd	Equity	₹439.01 Cr	2.52%
Kalpataru Projects International Ltd	Equity	₹428.55 Cr	2.46%
Cyient Ltd	Equity	₹372.05 Cr	2.14%
Brigade Enterprises Ltd	Equity	₹368.09 Cr	2.11%
Vishal Mega Mart Ltd	Equity	₹350.43 Cr	2.01%
Garware Technical Fibres Ltd	Equity	₹337.45 Cr	1.94%
Ajanta Pharma Ltd	Equity	₹312.24 Cr	1.79%
Alembic Pharmaceuticals Ltd	Equity	₹310.97 Cr	1.78%
Minda Corp Ltd	Equity	₹303.85 Cr	1.74%
Medplus Health Services Ltd	Equity	₹289.42 Cr	1.66%
GE Vernova T&D India Ltd	Equity	₹276.34 Cr	1.59%
V-Guard Industries Ltd	Equity	₹276.15 Cr	1.58%
V-Mart Retail Ltd	Equity	₹274.89 Cr	1.58%
Aptus Value Housing Finance India Ltd	Equity	₹267.08 Cr	1.53%
BEML Ltd	Equity	₹266.81 Cr	1.53%
Blue Star Ltd	Equity	₹265.75 Cr	1.53%
Jubilant Ingrevia Ltd Ordinary Shares	Equity	₹256.98 Cr	1.47%
VST Tillers Tractors Ltd	Equity	₹252.24 Cr	1.45%
Bharti Hexacom Ltd	Equity	₹248.15 Cr	1.42%
Mahindra Lifespace Developers Ltd	Equity	₹246.44 Cr	1.41%
Five-Star Business Finance Ltd	Equity	₹242.89 Cr	1.39%
Blue Dart Express Ltd	Equity	₹241.62 Cr	1.39%
Metropolis Healthcare Ltd	Equity	₹240.61 Cr	1.38%
Avenue Supermarts Ltd	Equity	₹236.96 Cr	1.36%
ICICI Lombard General Insurance Co Ltd	Equity	₹236.46 Cr	1.36%
Axis Bank Ltd	Equity	₹235.44 Cr	1.35%
Devyani International Ltd	Equity	₹231.26 Cr	1.33%
J.B. Chemicals & Pharmaceuticals Ltd	Equity	₹229.6 Cr	1.32%
Carborundum Universal Ltd	Equity	₹225.39 Cr	1.29%
Ratnamani Metals & Tubes Ltd	Equity	₹223.09 Cr	1.28%
Crompton Greaves Consumer Electricals Ltd	Equity	₹219.64 Cr	1.26%
Shriram Finance Ltd	Equity	₹211.35 Cr	1.21%
Triparty Repo	Cash - Repurchase Agreement	₹209.9 Cr	1.20%
CMS Info Systems Ltd	Equity	₹203.96 Cr	1.17%
KFin Technologies Ltd	Equity	₹201.71 Cr	1.16%
Schaeffler India Ltd	Equity	₹198.76 Cr	1.14%
Cello World Ltd	Equity	₹197.8 Cr	1.14%
Balrampur Chini Mills Ltd	Equity	₹194.86 Cr	1.12%
Sagility Ltd	Equity	₹191.76 Cr	1.10%
ICICI Bank Ltd	Equity	₹189.67 Cr	1.09%
Shoppers Stop Ltd	Equity	₹182.31 Cr	1.05%
JK Cement Ltd	Equity	₹179.81 Cr	1.03%
Mankind Pharma Ltd	Equity	₹179.12 Cr	1.03%
Anthem Biosciences Ltd	Equity	₹172.99 Cr	0.99%
KEI Industries Ltd	Equity	₹171.6 Cr	0.98%
Dhanuka Agritech Ltd	Equity	₹165.93 Cr	0.95%
Happy Forgings Ltd	Equity	₹165.63 Cr	0.95%
Great Eastern Shipping Co Ltd	Equity	₹153.84 Cr	0.88%
Bansal Wire Industries Ltd	Equity	₹149.49 Cr	0.86%
G R Infraprojects Ltd	Equity	₹145.93 Cr	0.84%
Hawkins Cookers Ltd	Equity	₹145.33 Cr	0.83%
Karur Vysya Bank Ltd	Equity	₹142.04 Cr	0.82%
Swiggy Ltd	Equity	₹141.28 Cr	0.81%
R R Kabel Ltd	Equity	₹139.83 Cr	0.80%
Home First Finance Co India Ltd ---	Equity	₹138.41 Cr	0.79%
Orient Electric Ltd Ordinary Shares	Equity	₹136.96 Cr	0.79%
Rolex Rings Ltd	Equity	₹125.83 Cr	0.72%
Somany Ceramics Ltd	Equity	₹119.45 Cr	0.69%
Max Estates Ltd	Equity	₹116.29 Cr	0.67%
PhysicsWallah Ltd	Equity	₹109.21 Cr	0.63%
Sandhar Technologies Ltd Ordinary Shares	Equity	₹108.31 Cr	0.62%
Medi Assist Healthcare Services Ltd	Equity	₹106.06 Cr	0.61%
Hexaware Technologies Ltd Ordinary Shares	Equity	₹105.88 Cr	0.61%
Sheela Foam Ltd	Equity	₹103.67 Cr	0.60%
PVR INOX Ltd	Equity	₹103.03 Cr	0.59%
Nilkamal Ltd	Equity	₹100.04 Cr	0.57%
Suraksha Diagnostic Ltd	Equity	₹89.07 Cr	0.51%
Atul Ltd	Equity	₹87.4 Cr	0.50%
Torrent Pharmaceuticals Ltd	Equity	₹84.86 Cr	0.49%
WPIL Ltd	Equity	₹77.59 Cr	0.45%
Kewal Kiran Clothing Ltd	Equity	₹45.9 Cr	0.26%
Apollo Pipes Ltd	Equity	₹45.75 Cr	0.26%
Anand Rathi Share and Stock Brokers Ltd	Equity	₹37.25 Cr	0.21%
Jupiter Life Line Hospitals Ltd	Equity	₹34.62 Cr	0.20%
Net Current Assets/(Liabilities)	Cash	₹-29.66 Cr	0.17%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Industrials	₹4,393.3 Cr	25.22%
Healthcare	₹4,153.66 Cr	23.84%
Consumer Cyclical	₹3,535.35 Cr	20.29%
Financial Services	₹1,700.6 Cr	9.76%
Basic Materials	₹1,529.32 Cr	8.78%
Real Estate	₹730.82 Cr	4.19%
Consumer Defensive	₹541.03 Cr	3.11%
Communication Services	₹351.18 Cr	2.02%
Technology	₹307.59 Cr	1.77%

Risk & Performance Ratios

Fund Managers

Harish Bihani

Since October 2023

Additional Scheme Detailsas of 30th November 2025

ISIN

INF174K01211

Expense Ratio

1.64%

Exit Load

1.00%

Fund Size

₹17,423 Cr

Age

20 years 9 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Nifty Smallcap 250 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Small-Cap Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Helios Small Cap Fund Regular Growth Very High Risk	2.4%	1.0%	₹482.18 Cr	-
Helios Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹482.18 Cr	-
Samco Small Cap Fund Direct Growth Very High Risk	-	1.0%	-	-
Samco Small Cap Fund Regular Growth Very High Risk	-	1.0%	-	-
Groww Nifty Smallcap 250 ETF Very High Risk	0.3%	-	₹9.39 Cr	-
Bajaj Finserv Small Cap Fund Direct Growth Very High Risk	0.4%	0.0%	₹1524.66 Cr	-
Bajaj Finserv Small Cap Fund Regular Growth Very High Risk	2.0%	0.0%	₹1524.66 Cr	-
Mirae Asset Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹2879.95 Cr	-
Mirae Asset Small Cap Fund Direct Growth Very High Risk	0.3%	1.0%	₹2879.95 Cr	-
TrustMF Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1250.47 Cr	-1.4%
TrustMF Small Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1250.47 Cr	-3.1%
JM Small Cap Fund Regular Growth Very High Risk	2.3%	1.0%	₹745.35 Cr	-10.9%
JM Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹745.35 Cr	-9.4%
Motilal Oswal Nifty Smallcap 250 ETF Very High Risk	0.3%	-	₹131.01 Cr	-10.4%
Motilal Oswal Small Cap Fund Regular Growth Very High Risk	1.8%	1.0%	₹5861.86 Cr	-8.5%
Motilal Oswal Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹5861.86 Cr	-7.4%
Quantum Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹171.55 Cr	0.6%
Quantum Small Cap Fund Regular Growth Very High Risk	2.2%	1.0%	₹171.55 Cr	-0.9%
Baroda BNP Paribas Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1235.95 Cr	-8.4%
Baroda BNP Paribas Small Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1235.95 Cr	-9.4%
Sundaram Emerging Small Cap - Series VI Regular Growth Low Risk	1.3%	0.0%	₹45.47 Cr	7.2%
Sundaram Emerging Small Cap - Series VI Direct Growth Low Risk	0.8%	0.0%	₹45.47 Cr	7.8%
Sundaram Emerging Small Cap - Series VII Regular Growth Low Risk	1.4%	0.0%	₹159.75 Cr	10.9%
Sundaram Emerging Small Cap - Series VII Direct Growth Low Risk	1.0%	0.0%	₹159.75 Cr	11.3%
Sundaram Emerging Small Cap - Series V Regular Growth Low Risk	1.3%	0.0%	₹83.88 Cr	6.9%
Sundaram Emerging Small Cap - Series V Direct Growth Low Risk	0.8%	0.0%	₹83.88 Cr	7.5%
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct Growth Very High Risk	1.2%	0.0%	₹36.21 Cr	-4.4%
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Regular Growth Very High Risk	1.4%	0.0%	₹36.21 Cr	-4.6%
Union Small Cap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1778.32 Cr	-8.8%
Union Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹1778.32 Cr	-7.8%
HDFC Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹38020.31 Cr	-3.1%
Kotak Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹17423.09 Cr	-11.4%
ICICI Prudential Smallcap Fund Direct Growth Very High Risk	0.8%	1.0%	₹8451.93 Cr	-3.3%
Nippon India Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹68571.85 Cr	-8.3%
Nippon India Small Cap Fund Regular Growth Very High Risk	1.4%	1.0%	₹68571.85 Cr	-9.0%
Invesco India Smallcap Fund Direct Growth Very High Risk	0.4%	1.0%	₹8999.33 Cr	-4.9%
Invesco India Smallcap Fund Regular Growth Very High Risk	1.7%	1.0%	₹8999.33 Cr	-6.2%
ICICI Prudential Smallcap Fund Regular Growth Very High Risk	1.8%	1.0%	₹8451.93 Cr	-4.3%
ITI Small Cap Fund Regular Growth Very High Risk	1.9%	0.0%	₹2819.14 Cr	-8.5%
ITI Small Cap Fund Direct Growth Very High Risk	0.2%	0.0%	₹2819.14 Cr	-7.1%
Mahindra Manulife Small Cap Fund Regular Growth Very High Risk	1.8%	1.0%	₹4234.86 Cr	-7.1%
Mahindra Manulife Small Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹4234.86 Cr	-5.7%
Canara Robeco Small Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹13059.88 Cr	-9.2%
Canara Robeco Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹13059.88 Cr	-8.1%
Aditya Birla Sun Life Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹5048.59 Cr	-7.4%
DSP Small Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹17009.83 Cr	-6.1%
UTI Small Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹4833.23 Cr	-8.2%
UTI Small Cap Fund Direct Growth Very High Risk	0.2%	1.0%	₹4833.23 Cr	-7.1%
Tata Small Cap Fund Regular Growth Very High Risk	1.7%	0.0%	₹11409.74 Cr	-16.4%
Aditya Birla Sun Life Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹5048.59 Cr	-6.5%

About the AMC

Kotak Mahindra Mutual Fund

+91 22 61152100

https://www.kotakmf.com/

Total AUM

₹5,83,270 Cr

Address

2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051

Other Funds by Kotak Mahindra Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Kotak Nifty500 Momentum 50 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Kotak Rural Opportunities Fund Direct Growth Low to Moderate Risk	-	0.0%	₹781.99 Cr	-
Kotak Gold Silver Passive FOF Direct Growth Very High Risk	-	0.0%	₹304.90 Cr	-
Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹760.42 Cr	-
Kotak Active Momentum Fund Direct Growth Very High Risk	0.7%	0.0%	₹1395.54 Cr	-
Kotak Nifty Alpha 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹16.06 Cr	-
Kotak Nifty AAA Bond Financial Services Mar 2028 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹351.88 Cr	-
Kotak Nifty 200 Quality 30 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹14.02 Cr	-
Kotak Nifty Top 10 Equal Weight Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹23.69 Cr	-
Kotak Energy Opportunities Fund Direct Growth Very High Risk	0.9%	0.0%	₹238.77 Cr	-
Kotak Nifty Midcap 150 Index Fund Regular Growth Very High Risk	0.1%	0.0%	₹15.26 Cr	-
Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹375.51 Cr	-
Kotak Nifty Commodities Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹139.58 Cr	-
Kotak CRISIL-IBX AAA Bond Financial Services Index - Dec 2026 Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹254.01 Cr	-
Kotak BSE Sensex Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹15.52 Cr	-
Kotak Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹38.12 Cr	-
Kotak Nifty 100 Equal Weight Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹27.32 Cr	-
Kotak Nifty 50 Equal Weight Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹30.97 Cr	-
Kotak Transportation & Logistics Fund Direct Growth Very High Risk	0.8%	0.0%	₹550.08 Cr	16.5%
Kotak MNC Fund Direct Growth Very High Risk	0.6%	0.0%	₹2117.86 Cr	4.7%
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹306.45 Cr	-8.7%
Kotak Nifty India Tourism Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹34.27 Cr	-7.9%
Kotak Crisil-IBX AAA Financial Services Index - Sep 2027 Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹437.84 Cr	8.4%
Kotak Nifty Midcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹66.24 Cr	4.3%
Kotak BSE PSU Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹78.81 Cr	3.0%
Kotak Special Opportunities Fund Direct Growth Very High Risk	0.7%	0.0%	₹1738.88 Cr	-1.6%
Kotak Nifty 100 Low Volatility 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹135.78 Cr	8.4%
Kotak Fixed Maturity Plan Series 330 - 98 Days Direct Growth Low Risk	-	0.0%	-	-
Kotak Nifty AAA Bond Jun 2025 HTM Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹102.05 Cr	7.5%
Kotak Fixed Maturity Plan Series 329 - 90 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹141.05 Cr	2.2%
Kotak Technology Fund Direct Growth Very High Risk	0.9%	0.0%	₹633.91 Cr	-7.8%
Kotak Fixed Maturity Plan Series 328 - 90 Days Direct Growth Moderate Risk	-	0.0%	₹144.91 Cr	-
Kotak FMP Series 327 Direct Growth Moderately High risk	-	0.0%	₹206.03 Cr	-
Kotak FMP Series 326 - 175 Days Direct Growth Moderate Risk	-	-	-	-
Kotak FMP Series 325 - 90 Days Direct Growth Moderate Risk	-	0.0%	-	-
Kotak FMP Series 324 - 109 Days Direct Growth Moderately High risk	-	0.0%	-	-
Kotak Healthcare Fund Direct Growth Very High Risk	0.8%	0.0%	₹481.99 Cr	-4.0%
Kotak FMP Series 323 Direct Growth Low Risk	-	0.0%	-	-
Kotak Consumption Fund Direct Growth Very High Risk	0.6%	0.0%	₹1767.71 Cr	6.1%
Kotak Nifty G-Sec July 2033 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹21.61 Cr	7.6%
Kotak Multi Asset Allocation Fund Direct Growth High Risk	0.5%	1.0%	₹9869.31 Cr	18.3%
Kotak S&P BSE Housing Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹17.50 Cr	-11.2%
Kotak Fixed Maturity Plan 1174 Days Series 268 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 308 - 1125 Days Direct Growth Moderately High risk	-	0.0%	₹94.00 Cr	8.1%
Kotak Yearly Interval Plan Series 1 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan 1355 Days Series 286 Direct Growth Low to Moderate Risk	-	-	-	-
Kotak FMP Series 304 Direct Growth Moderate Risk	-	-	₹109.38 Cr	7.7%
Kotak Fixed Maturity Plan Series 262 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 291 - 1826 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-

Risk Level

Your principal amount will be at Very High Risk

Take control of your wealth

Track and Analyse all your investments with Wealth Monitor

Rated ★ 4.3+ on

Still got questions?
We're here to help.

What is the current NAV of Kotak Small Cap Fund Regular Growth?

The NAV of Kotak Small Cap Fund Regular Growth, as of 18-Dec-2025, is ₹246.07.

What are the returns of Kotak Small Cap Fund Regular Growth?

The fund has generated -12.35% over the last 1 year and 14.22% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Kotak Small Cap Fund Regular Growth?

The fund's allocation of assets is distributed as 98.97% in equities, 0.00% in bonds, and 1.03% in cash and cash equivalents.

Who manages the Kotak Small Cap Fund Regular Growth?

The fund managers responsible for Kotak Small Cap Fund Regular Growth are:-

Harish Bihani

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

;

Fund Overview

Fund Size

₹17,423 Cr

Expense Ratio

1.64%

ISIN

INF174K01211

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

24 Feb 2005

Risk Level

Your principal amount will be at Very High Risk