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Fund Overview

Fund Size

Fund Size

₹10,836 Cr

Expense Ratio

Expense Ratio

0.50%

ISIN

ISIN

INF174KA1PD4

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

22 Sep 2023

About this fund

Kotak Multi Asset Allocation Fund Direct Growth is a Multi Asset Allocation mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 2 years, 4 months and 8 days, having been launched on 22-Sep-23.
As of 29-Jan-26, it has a Net Asset Value (NAV) of ₹17.37, Assets Under Management (AUM) of 10836.15 Crores, and an expense ratio of 0.5%.
  • Kotak Multi Asset Allocation Fund Direct Growth has given a CAGR return of 26.43% since inception.
  • The fund's asset allocation comprises around 68.10% in equities, 7.58% in debts, and 5.34% in cash & cash equivalents.
  • You can start investing in Kotak Multi Asset Allocation Fund Direct 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

+37.82%

(Cat Avg.)

Since Inception

+26.43%

(Cat Avg.)

Portfolio Summaryas of 31st December 2025

Equity7,379.71 Cr68.10%
Debt821.67 Cr7.58%
Others2,634.77 Cr24.31%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Kotak Silver ETFMutual Fund - ETF1,507.52 Cr13.91%
Kotak Gold ETFMutual Fund - ETF582.95 Cr5.38%
ITC LtdEquity513.83 Cr4.74%
Maruti Suzuki India LtdEquity450.82 Cr4.16%
Triparty RepoCash - Repurchase Agreement438.04 Cr4.04%
State Bank of IndiaEquity421.41 Cr3.89%
Hero MotoCorp LtdEquity346.26 Cr3.20%
NTPC LtdEquity291.44 Cr2.69%
Infosys LtdEquity274.65 Cr2.53%
Shriram Finance LtdEquity263.99 Cr2.44%
Indus Towers Ltd Ordinary SharesEquity242 Cr2.23%
Reliance Industries LtdEquity239.88 Cr2.21%
Bharti Airtel LtdEquity231.62 Cr2.14%
Bank of BarodaEquity221.93 Cr2.05%
Poonawalla Fincorp LtdEquity209.97 Cr1.94%
Power Finance Corp LtdEquity206.13 Cr1.90%
6.9% Govt Stock 2065Bond - Gov't/Treasury179.28 Cr1.65%
Tech Mahindra LtdEquity178.98 Cr1.65%
Eternal LtdEquity177.45 Cr1.64%
Swiggy LtdEquity175.27 Cr1.62%
7.09% Govt Stock 2054Bond - Gov't/Treasury171.1 Cr1.58%
NLC India LtdEquity170.82 Cr1.58%
HDFC Bank LtdEquity162.55 Cr1.50%
Kotak Mahindra Bank LtdEquity154.08 Cr1.42%
7.34% Govt Stock 2064Bond - Gov't/Treasury149.55 Cr1.38%
Radico Khaitan LtdEquity141.06 Cr1.30%
Park Medi World LtdEquity132.9 Cr1.23%
Hindustan Unilever LtdEquity127.69 Cr1.18%
Samvardhana Motherson International LtdEquity108.09 Cr1.00%
FSN E-Commerce Ventures LtdEquity106.06 Cr0.98%
Sapphire Foods India LtdEquity101.33 Cr0.94%
Cash Offset For DerivativesCash - General Offset91.99 Cr0.85%
Acutaas Chemicals LtdEquity91.74 Cr0.85%
Tata Steel LtdEquity90.04 Cr0.83%
ICICI Bank LtdEquity89.53 Cr0.83%
Vodafone Idea Ltd-JAN2026Equity - Future-89.48 Cr0.83%
Vodafone Idea LtdEquity88.9 Cr0.82%
Hindalco Industries LtdEquity88.67 Cr0.82%
Jyoti CNC Automation LtdEquity85.69 Cr0.79%
GAIL (India) LtdEquity82.64 Cr0.76%
Oracle Financial Services Software LtdEquity81.39 Cr0.75%
Mphasis LtdEquity73.97 Cr0.68%
Dabur India LtdEquity70.5 Cr0.65%
Wipro LtdEquity69.09 Cr0.64%
Whirlpool of India LtdEquity64.91 Cr0.60%
Bihar (Government of) 0.069%Bond - Sub-sovereign Government Debt62.09 Cr0.57%
NTPC Green Energy LtdEquity62.03 Cr0.57%
PVR INOX LtdEquity60.68 Cr0.56%
Life Insurance Corporation of IndiaEquity59.42 Cr0.55%
Emami LtdEquity58.13 Cr0.54%
Tata Consultancy Services LtdEquity56.11 Cr0.52%
KSH International LtdEquity55.87 Cr0.52%
Tata Chemicals LtdEquity53.59 Cr0.49%
Orchid Pharma LtdEquity52.29 Cr0.48%
7.18% Govt Stock 2033Bond - Gov't/Treasury51.59 Cr0.48%
Indigrid Infrastructure TrustBond - Corporate Bond51.23 Cr0.47%
Jammu & Kashmir Bank LtdEquity45.54 Cr0.42%
Subros LtdEquity43.48 Cr0.40%
Ashoka Buildcon LtdEquity42.15 Cr0.39%
Sun TV Network LtdEquity42.04 Cr0.39%
Piramal Finance LtdEquity32.86 Cr0.30%
Vikram Solar LtdEquity31.86 Cr0.29%
Concord Enviro Systems LtdEquity30.64 Cr0.28%
DEE Development Engineers LtdEquity28.3 Cr0.26%
Rec LimitedBond - Corporate Bond28.21 Cr0.26%
Kotak Liquid Dir GrMutual Fund - Open End27.47 Cr0.25%
Emmvee Photovoltaic Power LtdEquity26.04 Cr0.24%
7.09% Govt Stock 2074Bond - Gov't/Treasury26 Cr0.24%
07.61 RJ Sdl 2027Bond - Gov't/Treasury25.46 Cr0.23%
Bihar (Government of) 0.0688%Bond - Sub-sovereign Government Debt23.85 Cr0.22%
Net Current Assets/(Liabilities)Cash-23.21 Cr0.21%
VST Tillers Tractors LtdEquity22.8 Cr0.21%
Navneet Education LtdEquity22.46 Cr0.21%
07.37 MH Sdl 2026Bond - Gov't/Treasury15.17 Cr0.14%
07.12 BR Sdl 2027Bond - Gov't/Treasury15.15 Cr0.14%
Small Industries Development Bank Of IndiaBond - Corporate Bond10.12 Cr0.09%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond10.01 Cr0.09%
Quadrant Future Tek LtdEquity9.11 Cr0.08%
7.06% Govt Stock 2028Bond - Gov't/Treasury5.14 Cr0.05%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond5.02 Cr0.05%
Indus Infra Trust UnitEquity4.32 Cr0.04%
Kwality Walls India LimitedEquity2.22 Cr0.02%
NMDC Ltd.-JAN2026Equity - Future-2.03 Cr0.02%
NMDC LtdEquity2.02 Cr0.02%
07.09 RJ Sdl 2029Bond - Gov't/Treasury1.62 Cr0.01%
07.20 KA Sdl 2029Bond - Gov't/Treasury1.09 Cr0.01%
REC LTD-JAN2026Equity - Future-0.25 Cr0.00%
REC LtdEquity0.25 Cr0.00%
SBI Life Insurance Company Ltd-JAN2026Equity - Future-0.23 Cr0.00%
SBI Life Insurance Co LtdEquity0.23 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

45.28%

Mid Cap Stocks

10.72%

Small Cap Stocks

12.04%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services1,872.2 Cr17.28%
Consumer Cyclical1,573.67 Cr14.52%
Consumer Defensive911.21 Cr8.41%
Technology792.09 Cr7.31%
Communication Services687.71 Cr6.35%
Utilities637.56 Cr5.88%
Basic Materials326.06 Cr3.01%
Industrials243.92 Cr2.25%
Energy239.88 Cr2.21%
Healthcare185.19 Cr1.71%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Abhishek Bisen

Abhishek Bisen

Since September 2023

Devender Singhal

Devender Singhal

Since September 2023

Hiten Shah

Hiten Shah

Since September 2023

JS

Jeetu Sonar

Since September 2023

Additional Scheme Detailsas of 31st December 2025

ISIN
INF174KA1PD4
Expense Ratio
0.50%
Exit Load
1.00%
Fund Size
₹10,836 Cr
Age
2 years 4 months
Lumpsum Minimum
₹100
Fund Status
Open Ended Investment Company
Benchmark
Nifty 500 TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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.

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Fund nameExpense RatioExit LoadFund size
1Y
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PGIM India Multi Asset Allocation Fund Direct Growth

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Franklin India Multi Asset Allocation Fund Regular Growth

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Franklin India Multi Asset Allocation Fund Direct Growth

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Canara Robeco Multi Asset Allocation Fund Direct Growth

Very High Risk

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Canara Robeco Multi Asset Allocation Fund Regular Growth

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LIC MF Multi Asset Allocation Fund Regular Growth

Very High Risk

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LIC MF Multi Asset Allocation Fund Regular Growth

Very High Risk

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Samco Multi Asset Allocation Fund Direct Growth

High Risk

0.6%1.0%₹376.67 Cr27.7%
Samco Multi Asset Allocation Fund Regular Growth

High Risk

2.2%1.0%₹376.67 Cr25.6%
Invesco India Multi Asset Allocation Fund Regular Growth

Very High Risk

1.8%1.0%₹685.53 Cr29.0%
Invesco India Multi Asset Allocation Fund Direct Growth

Very High Risk

0.6%1.0%₹685.53 Cr30.7%
Union Multi Asset Allocation Fund Regular Growth

Very High Risk

2.2%1.0%₹836.57 Cr30.6%
Union Multi Asset Allocation Fund Direct Growth

Very High Risk

1.0%1.0%₹836.57 Cr32.1%
Bajaj Finserv Multi Asset Allocation Fund Direct Growth

Very High Risk

0.5%1.0%₹1434.73 Cr30.3%
Bajaj Finserv Multi Asset Allocation Fund Regular Growth

Very High Risk

2.0%1.0%₹1434.73 Cr28.3%
Mahindra Manulife Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%0.0%₹930.83 Cr29.0%
Mahindra Manulife Multi Asset Allocation Fund Regular Growth

Very High Risk

1.9%0.0%₹930.83 Cr26.9%
Quantum Multi Asset Allocation Fund Regular Growth

High Risk

2.0%1.0%₹51.57 Cr16.4%
Quantum Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹51.57 Cr18.1%
HSBC Multi Asset Allocation Fund Direct Growth

Very High Risk

0.5%1.0%₹2536.70 Cr30.2%
HSBC Multi Asset Allocation Fund Regular Growth

Very High Risk

1.8%1.0%₹2536.70 Cr28.5%
Bank of India Multi Asset Allocation Fund Regular Growth

Very High Risk

1.9%1.0%₹344.16 Cr18.3%
Bank of India Multi Asset Allocation Fund Direct Growth

Very High Risk

0.9%1.0%₹344.16 Cr19.6%
Mirae Asset Multi Asset Allocation Fund Regular Growth

High Risk

1.1%1.0%₹2815.11 Cr23.8%
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.3%1.0%₹2815.11 Cr25.7%
Bandhan Multi Asset Allocation Fund Regular Growth

Very High Risk

1.9%0.0%₹2702.47 Cr26.8%
Bandhan Multi Asset Allocation Fund Direct Growth

Very High Risk

0.5%0.0%₹2702.47 Cr28.6%
Sundaram Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹3090.46 Cr28.0%
Sundaram Multi Asset Allocation Fund Regular Growth

High Risk

1.8%1.0%₹3090.46 Cr26.2%
DSP Multi Asset Allocation Fund Regular Growth

Very High Risk

1.4%1.0%₹6440.17 Cr31.1%
DSP Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%1.0%₹6440.17 Cr32.8%
Kotak Multi Asset Allocation Fund Direct Growth

High Risk

0.5%1.0%₹10836.15 Cr37.8%
Kotak Multi Asset Allocation Fund Regular Growth

High Risk

1.7%1.0%₹10836.15 Cr36.1%
Shriram Multi Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹140.63 Cr21.9%
Shriram Multi Asset Allocation Fund Regular Growth

Very High Risk

2.4%1.0%₹140.63 Cr19.8%
Baroda BNP Paribas Multi Asset Fund Regular Growth

Very High Risk

2.1%1.0%₹1321.38 Cr20.7%
Baroda BNP Paribas Multi Asset Fund Direct Growth

Very High Risk

0.9%1.0%₹1321.38 Cr22.1%
Edelweiss Multi Asset Allocation Fund Regular Growth

Low Risk

0.8%0.0%₹2458.65 Cr4.8%
Edelweiss Multi Asset Allocation Fund Direct Growth

Low Risk

0.4%0.0%₹2458.65 Cr5.2%
Axis Multi Asset Allocation Fund Regular Growth

Very High Risk

2.0%1.0%₹1875.27 Cr25.4%
UTI Multi Asset Fund Direct Growth

High Risk

0.6%1.0%₹6719.75 Cr17.2%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

0.9%1.0%₹1875.27 Cr26.7%
HDFC Multi - Asset Fund Direct Growth

High Risk

0.8%1.0%₹5459.66 Cr18.4%
ICICI Prudential Multi-Asset Fund Direct Growth

Very High Risk

0.6%1.0%₹78179.11 Cr18.8%
SBI Multi Asset Allocation Fund Direct Growth

High Risk

0.6%1.0%₹13032.90 Cr25.6%

About the AMC

Kotak Mahindra Mutual Fund

Kotak Mahindra Mutual Fund

Total AUM

₹5,94,716 Cr

Address

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

Other Funds by Kotak Mahindra Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Kotak Nifty200 Value 30 Index Fund Direct Growth

Very High Risk

-0.0%--
Kotak Dividend Yield Fund Direct Growth

Very High Risk

-1.0%--
Kotak Nifty500 Momentum 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹14.58 Cr-
Kotak Rural Opportunities Fund Direct Growth

Very High Risk

0.9%0.0%₹907.29 Cr-
Kotak Gold Silver Passive FOF Direct Growth

Very High Risk

0.6%0.0%₹581.72 Cr-
Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹726.77 Cr-
Kotak Active Momentum Fund Direct Growth

Very High Risk

0.8%0.0%₹1391.80 Cr-
Kotak Nifty Alpha 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹18.07 Cr-
Kotak Nifty AAA Bond Financial Services Mar 2028 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹339.67 Cr-
Kotak Nifty 200 Quality 30 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹14.47 Cr-
Kotak Nifty Top 10 Equal Weight Index Fund Direct Growth

Very High Risk

0.2%0.0%₹25.50 Cr-
Kotak Energy Opportunities Fund Direct Growth

Very High Risk

0.9%0.0%₹265.39 Cr-
Kotak Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

0.1%0.0%₹17.43 Cr-
Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹359.03 Cr-
Kotak Nifty Commodities Index Fund Direct Growth

Very High Risk

0.2%0.0%₹225.63 Cr-
Kotak CRISIL-IBX AAA Bond Financial Services Index - Dec 2026 Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹216.32 Cr-
Kotak BSE Sensex Index Fund Direct Growth

Very High Risk

0.1%0.0%₹16.14 Cr-
Kotak Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹40.16 Cr1.4%
Kotak Nifty 100 Equal Weight Index Fund Direct Growth

Very High Risk

0.2%0.0%₹28.08 Cr11.8%
Kotak Nifty 50 Equal Weight Index Fund Direct Growth

Very High Risk

0.2%0.0%₹33.27 Cr13.6%
Kotak Transportation & Logistics Fund Direct Growth

Very High Risk

0.8%0.0%₹577.83 Cr18.3%
Kotak MNC Fund Direct Growth

Very High Risk

0.6%0.0%₹2077.95 Cr11.7%
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹311.84 Cr6.8%
Kotak Nifty India Tourism Index Fund Direct Growth

Very High Risk

0.3%0.0%₹34.54 Cr-9.0%
Kotak Crisil-IBX AAA Financial Services Index - Sep 2027 Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹591.93 Cr7.9%
Kotak Nifty Midcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹66.40 Cr14.1%
Kotak BSE PSU Index Fund Direct Growth

Very High Risk

0.4%0.0%₹78.21 Cr25.1%
Kotak Special Opportunities Fund Direct Growth

Very High Risk

0.8%0.0%₹1626.68 Cr1.7%
Kotak Nifty 100 Low Volatility 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹142.70 Cr8.2%
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 Cr7.5%
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%₹128.27 Cr1.4%
Kotak Technology Fund Direct Growth

Very High Risk

0.9%0.0%₹662.36 Cr-0.2%
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

0.7%0.0%₹467.92 Cr-1.2%
Kotak FMP Series 323 Direct Growth

Low Risk

-0.0%--
Kotak Consumption Fund Direct Growth

Very High Risk

0.6%0.0%₹1802.16 Cr4.6%
Kotak Nifty G-Sec July 2033 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹22.01 Cr6.7%
Kotak Multi Asset Allocation Fund Direct Growth

High Risk

0.5%1.0%₹10836.15 Cr37.8%
Kotak S&P BSE Housing Index Fund Direct Growth

Very High Risk

0.2%0.0%₹15.57 Cr-2.6%
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 Cr7.9%
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 Cr6.9%

Risk Level

Your principal amount will be at High Risk

High Risk

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The NAV of Kotak Multi Asset Allocation Fund Direct Growth, as of 29-Jan-2026, is ₹17.37.
The fund's allocation of assets is distributed as 68.10% in equities, 7.58% in bonds, and 5.34% in cash and cash equivalents.
The fund managers responsible for Kotak Multi Asset Allocation Fund Direct Growth are:-
  1. Abhishek Bisen
  2. Devender Singhal
  3. Hiten Shah
  4. Jeetu Sonar
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