Kotak Multicap Fund Direct Growth
Equity
Direct
Multi-Cap
NAV as on 22-11-2024
₹ 19.43
▲1.6%
1D
Inception Returns
23.5%
/yr
About Kotak Multicap Fund Direct Growth
Kotak Multicap Fund Direct Growth is an equity fund. This fund was started on 29 September, 2021. The fund is managed by Devender Singhal, Harsha Upadhyaya, Arjun Khanna, Abhishek Bisen. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Multicap Fund Direct Growth has ₹14799 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Kotak Multicap Fund Direct Growth has given a CAGR return of 23.48% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 39.92% and 25.81% respectively.
Holdings
Kotak Multicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Tech, Industrial, Utilities, Communication, Consumer Defensive, Corporate, Health, Energy, Basic Materials, Government. Its top holdings are Maruti Suzuki India Ltd, Hero MotoCorp Ltd, State Bank of India, Oracle Financial Services Software Ltd, Mphasis Ltd
Taxation
As it is a multi-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Kotak Multicap Fund Direct Growth
The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities across market capitalization
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Multicap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
14335 people have invested ₹ 11Cr in Kotak Multicap Fund Direct Growth in the last three months
INDmoney Rank for Kotak Multicap Fund Direct Growth
Powered by IND quant engine
1
/7
97% Performance
50% Risk Management
100% Cost
1 out of 7 among multi-cap
Generated Consistent Returns
Consistently beats benchmark
Outperformed benchmarks during bull run
No bad points found for this fund.
Kotak Multicap Fund Direct Growth Overview
| Expense ratio | 0.38% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹14799 Cr |
| Inception Date | 29 September, 2021 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 67.94% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
41.7%
Small cap
28.7%
Mid cap
27%
Sector Allocation
Consumer Cyclical
22.5%
Financial Services
21.1%
Tech
14%
Industrial
10.8%
Utilities
7.9%
Communication
7.1%
Consumer Defensive
7.1%
Health
4.3%
Energy
3.1%
Basic Materials
2.2%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -6.16% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 0.36% in Oct'24
- AUM of the fund stands at 14.8K Cr as of Oct'24
- AUM decreased by 621.4 Cr between Oct'24 and Sep'24
Top Stocks bought last month
State Bank of India's allocation increased from 2.81% to 4.16%
Poonawalla Fincorp Ltd's allocation increased from 0.71% to 1.49%
Infosys Ltd's allocation increased from 1.82% to 2.37%
Top Stocks sold last month
Maruti Suzuki India Ltd's allocation decreased from 5.87 % to 5.27 %
Oracle Financial Services Software Ltd's allocation decreased from 4.08 % to 4.04 %
Mphasis Ltd's allocation decreased from 3.23 % to 3.22 %
Cash allocation has gone up from 2.6% to 2.7%
Top 3 Sectors in October were Consumer Cyclical, Financial Services & Tech
Oct'24
Consumer Cyclical
23%
Financial Services
21%
Tech
14%
Sep'24
Consumer Cyclical
24%
Financial Services
20%
Tech
13%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Radico Khaitan Ltd | 2.8% |
 Indian Bank | 2.1% |
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Devender Singhal
Fund Manager of Kotak Multicap Fund Direct Growth, since 29 September 2021
Top funds managed
Harsha Upadhyaya
Fund Manager of Kotak Multicap Fund Direct Growth, since 29 September 2021
Top funds managed
Arjun Khanna
Fund Manager of Kotak Multicap Fund Direct Growth, since 1 March 2022
Top funds managed
Abhishek Bisen
Fund Manager of Kotak Multicap Fund Direct Growth, since 29 September 2021
Top funds managed
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.8L Cr
as on 31-Oct-2024
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com
Kotak Multicap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 23.48% since inception which is more than its category average return of 14.85%
Fund Allocations
This fund has an allocation of 97.32% in Equity, 0% in Debt and 2.68% in Cash related instruments
AUM size ₹14799 Cr
This fund has AUM of ₹14799 Cr which is more than its category average of ₹ 3848 Cr
Expense Ratio 0.38%
This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 1.21%
Frequently Asked Questions for Kotak Multicap Fund Direct Growth
The current NAV of Kotak Multicap Fund Direct Growth is ₹19.43 as on 22-Nov-2024.
Existing (Absolute + CAGR) as on 22-Nov-2024.
Kotak Multicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.13% | -1.13% |
6 Month Returns | 8.66% | 8.66% |
1 Year Returns | 39.92% | 39.92% |
3 Years Returns | 99.12% | 25.81% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.38% as on October 2024
₹14799 Cr as on October 2024
Maruti Suzuki India Ltd(5.27%), Hero MotoCorp Ltd(4.75%), State Bank of India(4.16%), Oracle Financial Services Software Ltd(4.04%), Mphasis Ltd(3.22%) as on October 2024
Consumer Cyclical(21.91%), Financial Services(20.5%), Tech(13.66%) as on October 2024
The alpha ratio for the Kotak Multicap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Multicap Fund Direct Growth | 6.9 | 5.98 | - |
As on October 2024
The alpha for Kotak Multicap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Kotak Multicap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Multicap Fund Direct Growth | 1.01 | 1 | - |
As on October 2024
The Beta for Kotak Multicap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Kotak Multicap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Multicap Fund Direct Growth | 2.39 | 1.23 | - |
As on October 2024
The sharpe ratio for Kotak Multicap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Kotak Multicap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Multicap Fund Direct Growth | 14.67 | 14.9 | - |
As on October 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.34 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.91 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Devender Singhal, Harsha Upadhyaya, Arjun Khanna, Abhishek Bisen are the fund managers of Kotak Multicap Fund Direct Growth
The Exit load of Kotak Multicap Fund Direct Growth is 1%