Kotak Multi Asset Allocation Fund Direct Growth
Hybrid
Direct
Multi Asset Allocation
NAV as on 21-02-2025
₹ 12.42
▲0.3%
1D
Inception Returns
17.1%
/yr
About Kotak Multi Asset Allocation Fund Direct Growth
Kotak Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 22 September, 2023. The fund is managed by Hiten Shah, Devender Singhal, Abhishek Bisen. This fund gives you the benefit of diversification.
Key Parameters
- Kotak Multi Asset Allocation Fund Direct Growth has ₹7680 Cr worth of assets under management (AUM) as on Jan 2025 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Kotak Multi Asset Allocation Fund Direct Growth has given a CAGR return of 17.06% since inception. Over the last 1 year the fund has given a CAGR return of 9.61%.
Holdings
Kotak Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Consumer Cyclical, Financial Services, Corporate, Tech, Consumer Defensive, Utilities, Communication, Industrial, Basic Materials, Health, Energy, Real Estate.
Taxation
As it is a multi asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Kotak Multi Asset Allocation Fund Direct Growth
The investment objective of the scheme is to generate long term capital appreciation by investing in Equity & Equity related Securities, Debt & Money Market Instruments, Commodity ETFs and Exchange Traded Commodity Derivatives.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Multi Asset Allocation Fund Direct Growth has no lock in period.
Historical NAV & Returns
Kotak Multi Asset Allocation Fund Direct Growth Overview
| Expense ratio | 0.41% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹7680 Cr |
| Inception Date | 22 September, 2023 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 144.55% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   High Risk |
Trailing Returns
as on (21-Feb-25)
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 7.7K Cr as of Jan'25
- AUM increased by 26.1 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Government, Consumer Cyclical & Financial Services
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Kotak Gold ETF | 10.44% | 0% | |
 Kotak Silver ETF | 8.75% | 0% | |
 Maruti Suzuki India Ltd | 4.65% | 0% | |
 Infosys Ltd | 3.3% | 0% | |
 NTPC Ltd | 2.89% | 0% |
Kotak Multi Asset Allocation Fund Direct Growth Highlights
High Risk
About the fund
Fund Allocations
AUM size ₹7680 Cr
Expense Ratio 0.41%
Frequently Asked Questions for Kotak Multi Asset Allocation Fund Direct Growth
Kotak Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.47% | -2.47% |
6 Month Returns | -4.49% | -4.49% |
1 Year Returns | 9.61% | 9.61% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |