Hi Sudhakar
Yes, there is an optional microSD card slot, but it is for operating over SPI. the existing demo is via sdhc, you need to change it. You can check the fsl_sdcard and fsl_spi components in ksdk to implement it.
The next files in KSDK installation might serve you as reference on how to implement the sd card via spi:
C:\Freescale\KSDK_1.3.0\middleware\filesystem\fatfs\fsl_sd_disk\src\fsl_sdspi_disk.c
C:\Freescale\KSDK_1.3.0\platform\composite\inc\fsl_sdcard_spi.h
C:\Freescale\KSDK_1.3.0\platform\composite\src\sdcard\fsl_sdcard_spi.c
I hope this helps.
Regards
Daniel