Kotak Multi Asset Allocation Fund Direct Growth
HybridMulti Asset AllocationHigh Risk
Direct
NAV (11-Sep-24)
₹13.14-0.15%1D
Returns (Since Inception)
31.38%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹6,952 Cr
Expense Ratio
0.31%
ISIN
INF174KA1PD4
Minimum SIP
₹100
Exit Load
1.00%
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 11 months and 21 days, having been launched on 22-Sep-23.
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹13.14, Assets Under Management (AUM) of 6952.13 Crores, and an expense ratio of 0.31%.
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹13.14, Assets Under Management (AUM) of 6952.13 Crores, and an expense ratio of 0.31%.
- Kotak Multi Asset Allocation Fund Direct Growth has given a CAGR return of 31.38% since inception.
- The fund's asset allocation comprises around 57.20% in equities, 10.28% in debts, and 18.63% 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.
Since Inception
+31.38%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹3,976.61 Cr | 57.20% |
| Debt | ₹714.53 Cr | 10.28% |
| Others | ₹2,261 Cr | 32.52% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹923.9 Cr | 13.29% |
| Kotak Gold ETF | Mutual Fund - ETF | ₹534.88 Cr | 7.69% |
| HDFC Bank Ltd | Equity | ₹498.48 Cr | 7.17% |
| Kotak Silver ETF | Mutual Fund - ETF | ₹452.29 Cr | 6.51% |
| Triparty Repo | Cash - Repurchase Agreement | ₹318.6 Cr | 4.58% |
| Maruti Suzuki India Ltd | Equity | ₹314.78 Cr | 4.53% |
| NTPC Ltd | Equity | ₹282.19 Cr | 4.06% |
| Adani Port and Special Economic Zone Ltd.-AUG2024 | Equity - Future | ₹-213.32 Cr | 3.07% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹211.87 Cr | 3.05% |
| Power Finance Corp Ltd | Equity | ₹200.45 Cr | 2.88% |
| Infosys Ltd | Equity | ₹196.17 Cr | 2.82% |
| Hero MotoCorp Ltd | Equity | ₹192.1 Cr | 2.76% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹172.45 Cr | 2.48% |
| State Bank of India | Equity | ₹148.31 Cr | 2.13% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹142.33 Cr | 2.05% |
| National Thermal Power Corporation Limited-AUG2024 | Equity - Future | ₹-136.1 Cr | 1.96% |
| Vodafone Idea Ltd-AUG2024 | Equity - Future | ₹-135.65 Cr | 1.95% |
| Vodafone Idea Ltd | Equity | ₹134.33 Cr | 1.93% |
| ITC Ltd | Equity | ₹133.74 Cr | 1.92% |
| Oracle Financial Services Software Ltd | Equity | ₹132.44 Cr | 1.91% |
| Hindustan Unilever Ltd | Equity | ₹129.87 Cr | 1.87% |
| Ambuja Cements Ltd | Equity | ₹125.89 Cr | 1.81% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹125.87 Cr | 1.81% |
| GAIL (India) Ltd | Equity | ₹120.49 Cr | 1.73% |
| Samvardhana Motherson International Ltd | Equity | ₹118.1 Cr | 1.70% |
| Bank of Baroda | Equity | ₹116.81 Cr | 1.68% |
| NLC India Ltd | Equity | ₹115.14 Cr | 1.66% |
| Bharti Airtel Ltd | Equity | ₹109.32 Cr | 1.57% |
| Tech Mahindra Ltd | Equity | ₹108.81 Cr | 1.57% |
| Zomato Ltd | Equity | ₹103.25 Cr | 1.49% |
| Jyoti CNC Automation Ltd | Equity | ₹91.38 Cr | 1.31% |
| Life Insurance Corporation of India | Equity | ₹81.75 Cr | 1.18% |
| Emami Ltd | Equity | ₹81.66 Cr | 1.17% |
| 8.34% Govt Stock 2033 | Bond - Gov't/Treasury | ₹77.06 Cr | 1.11% |
| Radico Khaitan Ltd | Equity | ₹70.43 Cr | 1.01% |
| HDFC Bank Ltd.-AUG2024 | Equity - Future | ₹-70 Cr | 1.01% |
| NMDC Ltd.-AUG2024 | Equity - Future | ₹-65.79 Cr | 0.95% |
| NMDC Ltd | Equity | ₹65.45 Cr | 0.94% |
| Fortis Healthcare Ltd | Equity | ₹63.72 Cr | 0.92% |
| Mphasis Ltd | Equity | ₹61.2 Cr | 0.88% |
| Sun TV Network Ltd | Equity | ₹57.15 Cr | 0.82% |
| IndusInd Bank Ltd | Equity | ₹57.11 Cr | 0.82% |
| Coal India Ltd | Equity | ₹54.94 Cr | 0.79% |
| Coal India Ltd.-AUG2024 | Equity - Future | ₹-54.82 Cr | 0.79% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹54.59 Cr | 0.79% |
| ICICI Securities Ltd | Equity | ₹53.85 Cr | 0.77% |
| Zee Entertainment Enterprises Ltd | Equity | ₹53.79 Cr | 0.77% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹51.07 Cr | 0.73% |
| India Grid Trust 0.0788% | Bond - Corporate Bond | ₹50.22 Cr | 0.72% |
| Jammu & Kashmir Bank Ltd | Equity | ₹45.73 Cr | 0.66% |
| PVR INOX Ltd | Equity | ₹45.01 Cr | 0.65% |
| Vedanta Ltd | Equity | ₹44.99 Cr | 0.65% |
| Vedanta Ltd.-AUG2024 | Equity - Future | ₹-44.92 Cr | 0.65% |
| Persistent Systems Ltd | Equity | ₹43.01 Cr | 0.62% |
| DEE Development Engineers Ltd | Equity | ₹38.69 Cr | 0.56% |
| Subros Ltd | Equity | ₹35.16 Cr | 0.51% |
| Titan Co Ltd | Equity | ₹34.59 Cr | 0.50% |
| Dabur India Ltd | Equity | ₹31.79 Cr | 0.46% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹30.37 Cr | 0.44% |
| Ambuja Cements Ltd.-AUG2024 | Equity - Future | ₹-27.46 Cr | 0.39% |
| Navneet Education Ltd | Equity | ₹25.94 Cr | 0.37% |
| Bajaj Finserv Ltd.-AUG2024 | Equity - Future | ₹-25.63 Cr | 0.37% |
| Bajaj Finserv Ltd | Equity | ₹25.52 Cr | 0.37% |
| 8% Govt Stock 2034 | Bond - Gov't/Treasury | ₹25.22 Cr | 0.36% |
| Kotak Liquid Dir Gr | Mutual Fund - Open End | ₹25.03 Cr | 0.36% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹24.94 Cr | 0.36% |
| DLF Ltd.-AUG2024 | Equity - Future | ₹-21.84 Cr | 0.31% |
| DLF Ltd | Equity | ₹21.71 Cr | 0.31% |
| Ashoka Buildcon Ltd | Equity | ₹19.86 Cr | 0.29% |
| Barbeque-Nation Hospitality Ltd | Equity | ₹19.4 Cr | 0.28% |
| RELIANCE INDUSTRIES LTD.-AUG2024 | Equity - Future | ₹-19.26 Cr | 0.28% |
| Reliance Industries Ltd | Equity | ₹19.19 Cr | 0.28% |
| GPT Healthcare Ltd | Equity | ₹19.13 Cr | 0.28% |
| Steel Authority of India Ltd.-AUG2024 | Equity - Future | ₹-12.32 Cr | 0.18% |
| Steel Authority Of India Ltd | Equity | ₹12.24 Cr | 0.18% |
| RBL Bank Ltd-AUG2024 | Equity - Future | ₹-11.08 Cr | 0.16% |
| RBL Bank Ltd | Equity | ₹11 Cr | 0.16% |
| Manappuram Finance Ltd-AUG2024 | Equity - Future | ₹-10.31 Cr | 0.15% |
| Manappuram Finance Ltd | Equity | ₹10.27 Cr | 0.15% |
| IndusInd Bank Ltd.-AUG2024 | Equity - Future | ₹-10.07 Cr | 0.14% |
| Small Industries Development Bank of India 0.0768% | Bond - Corporate Bond | ₹10.02 Cr | 0.14% |
| HINDUSTAN PETROLEUM CORPORATION LTD-AUG2024 | Equity - Future | ₹-8.95 Cr | 0.13% |
| Hindustan Petroleum Corp Ltd | Equity | ₹8.9 Cr | 0.13% |
| Bharti Airtel Ltd-AUG2024 | Equity - Future | ₹-8.65 Cr | 0.12% |
| The Federal Bank Ltd | Equity | ₹7.85 Cr | 0.11% |
| FEDERAL BANK LTD.-AUG2024 | Equity - Future | ₹-7.84 Cr | 0.11% |
| Tata Consultancy Services Ltd.-AUG2024 | Equity - Future | ₹-7.71 Cr | 0.11% |
| Tata Consultancy Services Ltd | Equity | ₹7.67 Cr | 0.11% |
| HINDUSTAN COPPER LTD.-AUG2024 | Equity - Future | ₹-7.64 Cr | 0.11% |
| Hindustan Copper Ltd | Equity | ₹7.58 Cr | 0.11% |
| Adani Enterprises Ltd.-AUG2024 | Equity - Future | ₹-6.32 Cr | 0.09% |
| Net Current Assets/(Liabilities) | Cash | ₹6.29 Cr | 0.09% |
| Adani Enterprises Ltd | Equity | ₹6.28 Cr | 0.09% |
| REC Ltd | Equity | ₹5.8 Cr | 0.08% |
| Rural Electrification Corporation Ltd-AUG2024 | Equity - Future | ₹-5.79 Cr | 0.08% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹4.98 Cr | 0.07% |
| Bajaj Finance Ltd.-AUG2024 | Equity - Future | ₹-4.37 Cr | 0.06% |
| Bajaj Finance Ltd | Equity | ₹4.34 Cr | 0.06% |
| Bharat Highways InvIT Unit | Equity | ₹3.95 Cr | 0.06% |
| Inter Globe Aviation Ltd-AUG2024 | Equity - Future | ₹-3.78 Cr | 0.05% |
| InterGlobe Aviation Ltd | Equity | ₹3.76 Cr | 0.05% |
| Bank Of Baroda-AUG2024 | Equity - Future | ₹-2.69 Cr | 0.04% |
| SBI Life Insurance Company Ltd-AUG2024 | Equity - Future | ₹-0.92 Cr | 0.01% |
| SBI Life Insurance Company Limited | Equity | ₹0.92 Cr | 0.01% |
| Aurobindo Pharma Ltd.-AUG2024 | Equity - Future | ₹-0.55 Cr | 0.01% |
| Aurobindo Pharma Ltd | Equity | ₹0.55 Cr | 0.01% |
| Bandhan Bank Ltd.-AUG2024 | Equity - Future | ₹-0.12 Cr | 0.00% |
| Bandhan Bank Ltd | Equity | ₹0.12 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
36.49%
Mid Cap Stocks
11.14%
Small Cap Stocks
7.37%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹1,326.84 Cr | 19.09% |
| Consumer Cyclical | ₹817.38 Cr | 11.76% |
| Technology | ₹549.3 Cr | 7.90% |
| Utilities | ₹517.82 Cr | 7.45% |
| Consumer Defensive | ₹447.49 Cr | 6.44% |
| Communication Services | ₹425.53 Cr | 6.12% |
| Industrials | ₹365.56 Cr | 5.26% |
| Basic Materials | ₹256.16 Cr | 3.68% |
| Energy | ₹89.31 Cr | 1.28% |
| Healthcare | ₹83.41 Cr | 1.20% |
| Real Estate | ₹21.71 Cr | 0.31% |
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
Since September 2023
Devender Singhal
Since September 2023
Hiten Shah
Since September 2023
Arjun Khanna
Since September 2023
JS
Jeetu Sonar
Since September 2023
Additional Scheme Detailsas of 31st July 2024
ISIN | INF174KA1PD4 | Expense Ratio | 0.31% | Exit Load | 1.00% | Fund Size | ₹6,952 Cr | Age | 22 Sep 2023 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
Investment 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
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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.
Similar Multi Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Aditya Birla Sun Life Multi Asset Allocation Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3508.90 Cr | 22.8% |
| Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹3508.90 Cr | 24.7% |
| Nippon India Multi Asset fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹3854.24 Cr | 31.4% |
| Nippon India Multi Asset fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹3854.24 Cr | 29.7% |
| SBI Multi Asset Allocation Fund Regular Growth High Risk | 1.5% | 1.0% | ₹5865.80 Cr | 23.2% |
| Quant Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹2725.25 Cr | 44.4% |
| UTI Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹2912.96 Cr | 36.8% |
| ICICI Prudential Multi-Asset Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹48201.26 Cr | 29.1% |
| HDFC Multi - Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹3524.55 Cr | 22.2% |
| Motilal Oswal Multi Asset Fund Direct Growth High Risk | 0.9% | 1.0% | ₹105.01 Cr | 14.5% |
About the AMC
Total AUM
₹4,96,460 Cr
Address
2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051
Other Funds by Kotak Mahindra Mutual Fund
Risk Level
Your principal amount will be at High Risk
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We're here to help.
What is the current NAV of Kotak Multi Asset Allocation Fund Direct Growth?
The NAV of Kotak Multi Asset Allocation Fund Direct Growth, as of 11-Sep-2024, is ₹13.14.
What is the portfolio composition of Kotak Multi Asset Allocation Fund Direct Growth?
The fund's allocation of assets is distributed as 57.20% in equities, 10.28% in bonds, and 18.63% in cash and cash equivalents.
Who manages the Kotak Multi Asset Allocation Fund Direct Growth?
The fund managers responsible for Kotak Multi Asset Allocation Fund Direct Growth are:-
- Abhishek Bisen
- Devender Singhal
- Hiten Shah
- Arjun Khanna
- Jeetu Sonar
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.