Kotak Multi Asset Allocation Fund Direct-Growth
Hybrid: Multi Asset Allocation - Growth (Open ended)
NAV: ₹16.13+1.07%
09 Oct 2026
1 Week returns: 0.12 %
Category rank: 32/54
1 Month returns: -2.48 %
Category rank: 16/53
1 Year CAGR: 7.45 %
Category rank: 7/43
3 Years CAGR: 17.16 %
Category rank: 3/24
5 Years CAGR: -
Category rank: -
Key Talking Points
Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.
Positive
3-year performance has been in the top 25th percentile
3-year CAGR of 17.16% is in the top 25th percentile in its category - Hybrid: Multi Asset Allocation
This is measured by percentile rank of the scheme in its category based on 3-year CAGR. Lower rank implies that scheme was a relative outperformer in its category
What is CAGR (3Y)?
Relatively low expense ratio
Expense ratio of the scheme (0.63%) is lower than average expense ratio of the category (1.31%), excluding index funds and ETFs
This measures the relative expense of the scheme with respect to average expense ratio of the category. Investors should always prefer schemes with lower expense, everything else remaining the same
What is Expense ratio?
Negative
Not enough talking points with negative stance
Neutral
Not enough talking points with neutral stance
Scheme Overview
The scheme seeks to generate long term capital appreciation by investing in Equity & Equity related Securities, Debt & Money Market Instruments, Commodity ETFs and Exchange Traded Commodity Derivatives.
Plan Variants
Kotak Multi Asset Allocation Fund Direct-IDCW
Plan
IDCW
Payout
Irregular
Fund Managers
Key Scheme Details
Inception
2 Oct 2023
Expense Ratio
0.63%
AUM
₹15,282.9 Cr
Lock in
No lock in
Taxation
Equity
Min. Investment
₹100
Min. Addl Investment
-
Min. SIP Investment
₹100
Exit load
Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 1 year.
AMC Overview
Kotak Mahindra Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.
AMC Details
AMC
Kotak Mahindra Mutual Fund
CEO
Nilesh Shah(Managing Director)
CIO
Harsha Upadhyaya(Chief Investment Officer-Equity), Deepak Agrawal(Chief Investment Officer-Debt)
IRO
Sushma Mata
Trustee
Kotak Mahindra Trustee Company Ltd
Website
Address
The Capital Building, , Behind ICICI Bank, G Block BKC, Bandra Kurla Complex, Bandra (E), Mumbai
Frequently Asked Questions
What is the current NAV of Kotak Multi Asset Allocation Fund Direct-Growth?
The current NAV of Kotak Multi Asset Allocation Fund Direct-Growth is ₹16.13 as of 9 Oct 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.
What is the AUM of Kotak Multi Asset Allocation Fund Direct-Growth?
The AUM (Assets Under Management) of Kotak Multi Asset Allocation Fund Direct-Growth is ₹15,282.9 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.
What is the expense ratio of Kotak Multi Asset Allocation Fund Direct-Growth?
The expense ratio of Kotak Multi Asset Allocation Fund Direct-Growth is 0.63% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.
Who is the fund manager of Kotak Multi Asset Allocation Fund Direct-Growth?
Kotak Multi Asset Allocation Fund Direct-Growth is managed by Abhishek Bisen, Devender Singhal, Hiten Shah, Jeetu Valechha Sonar. You can check the full list of fund managers in the "Fund Manager" section above.
What is the benchmark of Kotak Multi Asset Allocation Fund Direct-Growth?
The benchmark of Kotak Multi Asset Allocation Fund Direct-Growth is -. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.
When was Kotak Multi Asset Allocation Fund Direct-Growth launched?
Kotak Multi Asset Allocation Fund Direct-Growth was launched on 2 Oct 2023. The fund has been in existence for 3 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.
What is the minimum investment in Kotak Multi Asset Allocation Fund Direct-Growth?
The minimum investment in Kotak Multi Asset Allocation Fund Direct-Growth is ₹100 for a lump sum and ₹100 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.
What is the exit load on Kotak Multi Asset Allocation Fund Direct-Growth?
Kotak Multi Asset Allocation Fund Direct-Growth has an exit load — Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 1 year.. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.
What category does Kotak Multi Asset Allocation Fund Direct-Growth belong to?
Kotak Multi Asset Allocation Fund Direct-Growth belongs to the Hybrid: Multi Asset Allocation category. You can view other funds in this category.