Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth

Fund Overview

Fund Size

₹1,877 Cr

Expense Ratio

0.87%

ISIN

INF174K01LN3

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

01 Jan 2013

About this fund

Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth is a Fund of Funds mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 12 years, 8 months and 12 days, having been launched on 01-Jan-13.
As of 11-Sep-25, it has a Net Asset Value (NAV) of ₹257.54, Assets Under Management (AUM) of 1877.08 Crores, and an expense ratio of 0.87%.

Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth has given a CAGR return of 16.00% since inception.
The fund's asset allocation comprises around 72.58% in equities, 12.60% in debts, and 4.05% in cash & cash equivalents.
You can start investing in Kotak Multi Asset Allocator Fund of Fund - Dynamic 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

+8.96%

— (Cat Avg.)

3 Years

+19.35%

— (Cat Avg.)

5 Years

+21.03%

— (Cat Avg.)

10 Years

+15.69%

— (Cat Avg.)

Since Inception

+16.00%

— (Cat Avg.)

Portfolio Summaryas of 31st August 2025

Equity	₹1,362.39 Cr	72.58%
Debt	₹236.45 Cr	12.60%
Others	₹278.23 Cr	14.82%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Kotak Consumption Dir Gr	Mutual Fund - Open End	₹213.16 Cr	11.36%
Kotak Nifty PSU Bank ETF	Mutual Fund - ETF	₹209.73 Cr	11.17%
Kotak Gold ETF	Mutual Fund - ETF	₹205.23 Cr	10.93%
Kotak Infra & Econ Reform Dir Gr	Mutual Fund - Open End	₹184.93 Cr	9.85%
Kotak Nifty IT ETF	Mutual Fund - ETF	₹146.19 Cr	7.79%
Kotak Gilt Inv Growth - Direct	Mutual Fund - Open End	₹134.1 Cr	7.14%
Kotak Nifty 50 ETF	Mutual Fund - ETF	₹122.88 Cr	6.55%
Kotak Bond Dir Gr	Mutual Fund - Open End	₹110.17 Cr	5.87%
Kotak Quant Dir Gr	Mutual Fund - Open End	₹102.88 Cr	5.48%
Kotak Trsptn & Lgstcs Dir Gr	Mutual Fund - Open End	₹89.94 Cr	4.79%
iShares NASDAQ 100 ETF USD Acc	Mutual Fund - ETF	₹86.05 Cr	4.58%
Kotak Manufacture in India Dir Gr	Mutual Fund - Open End	₹79.95 Cr	4.26%
Kotak Contra Dir Gr	Mutual Fund - Open End	₹77.5 Cr	4.13%
Kotak Technology Fund Dir Gr	Mutual Fund - Open End	₹61.2 Cr	3.26%
Triparty Repo	Cash - Repurchase Agreement	₹56.9 Cr	3.03%
Net Current Assets/(Liabilities)	Cash	₹-3.74 Cr	0.20%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Mutual Fund - Open End	₹1,053.83 Cr	56.14%
Mutual Fund - ETF	₹770.09 Cr	41.03%
Cash - Repurchase Agreement	₹56.9 Cr	3.03%
Cash	₹-3.74 Cr	0.20%

Risk & Performance Ratios

Fund Managers

Abhishek Bisen

Since November 2021

Devender Singhal

Since May 2019

Additional Scheme Detailsas of 31st August 2025

ISIN

INF174K01LN3

Expense Ratio

0.87%

Exit Load

1.00%

Fund Size

₹1,877 Cr

Age

12 years 8 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Domestic Price of Gold

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:

Dividend Taxation:

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 Fund of Funds Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HDFC Diversified Equity All Cap Active FOF Direct Growth Very High Risk	-	1.0%	-	-
HDFC Diversified Equity All Cap Active FOF Regular Growth Very High Risk	-	1.0%	-	-
Union Diversified Equity All Cap Active FOF Regular Growth Very High Risk	-	1.0%	-	-
Union Diversified Equity All Cap Active FOF Direct Growth Very High Risk	-	1.0%	-	-
SBI Dynamic Asset Allocation Active FoF Regular Growth High Risk	-	1.0%	-	-
SBI Dynamic Asset Allocation Active FoF Direct Growth High Risk	-	1.0%	-	-
Mirae Asset Multi Factor Passive FOF Direct Growth Very High Risk	-	0.0%	-	-
Mirae Asset Multi Factor Passive FOF Regular Growth Very High Risk	-	0.0%	-	-
Edelweiss Multi Asset Omni Fund of Fund Direct Growth Very High Risk	-	1.0%	-	-
Edelweiss Multi Asset Omni Fund of Fund Regular Growth Very High Risk	-	1.0%	-	-
Zerodha Multi Asset Passive FoF Direct Growth Very High Risk	-	0.0%	-	-
Edelweiss Income Plus Arbitrage Active Fund of Funds Direct Growth Moderate Risk	0.3%	0.0%	₹214.79 Cr	-
Edelweiss Income Plus Arbitrage Active Fund of Funds Regular Growth Moderate Risk	0.6%	0.0%	₹214.79 Cr	-
Invesco India Income Plus Arbitrage Active Fund of Fund Direct Growth Moderate Risk	0.0%	0.0%	₹357.09 Cr	-
Invesco India Income Plus Arbitrage Active Fund of Fund Regular Growth Moderate Risk	0.4%	0.0%	₹357.09 Cr	-
Mirae Asset Income plus Arbitrage Active FOF Regular Growth Low to Moderate Risk	0.3%	0.0%	₹18.33 Cr	-
Mirae Asset Income plus Arbitrage Active FOF Direct Growth Low to Moderate Risk	0.1%	0.0%	₹18.33 Cr	-
Groww Nifty India Internet ETF Very High Risk	0.4%	-	₹20.15 Cr	-
Groww Nifty India Internet ETF FOF Direct Growth Very High Risk	0.2%	0.0%	₹8.04 Cr	-
Groww Nifty India Internet ETF FOF Regular Growth Very High Risk	0.7%	0.0%	₹8.04 Cr	-
Nippon India Income Plus Arbitrage Active Fund of Fund Direct Growth Moderate Risk	0.4%	0.0%	₹644.48 Cr	-
Nippon India Income Plus Arbitrage Active Fund of Fund Regular Growth Moderate Risk	0.7%	0.0%	₹644.48 Cr	-
Union Income Plus Arbitrage Active FOF Direct Growth Low to Moderate Risk	0.1%	0.0%	₹166.09 Cr	-
Union Income Plus Arbitrage Active FOF Regular Growth Low to Moderate Risk	0.6%	0.0%	₹166.09 Cr	-
Baroda BNP Paribas Multi Asset Active Fund of Funds Regular Growth High Risk	0.1%	1.0%	₹121.28 Cr	-
Baroda BNP Paribas Multi Asset Active Fund of Funds Regular Growth High Risk	1.0%	1.0%	₹121.28 Cr	-
Baroda BNP Paribas Income Plus Arbitrage Active Fund of Fund Regular Growth Moderate Risk	0.3%	0.0%	₹99.68 Cr	-
Baroda BNP Paribas Income Plus Arbitrage Active Fund of Fund Direct Growth Moderate Risk	0.1%	0.0%	₹99.68 Cr	-
Tata Income Plus Arbitrage Active FOF Direct Growth Moderate Risk	0.1%	0.0%	₹297.08 Cr	-
Tata Income Plus Arbitrage Active FOF Regular Growth Moderate Risk	0.6%	0.0%	₹297.08 Cr	-
SBI Income Plus Arbitrage Active FOF Direct Growth Low to Moderate Risk	0.1%	0.0%	₹2004.89 Cr	-
SBI Income Plus Arbitrage Active FOF Regular Growth Low to Moderate Risk	0.3%	0.0%	₹2004.89 Cr	-
Groww Nifty 500 Momentum 50 ETF FoF Direct Growth Very High Risk	0.2%	1.0%	₹6.51 Cr	-
Groww Nifty 500 Momentum 50 ETF FoF Regular Growth Very High Risk	0.7%	1.0%	₹6.51 Cr	-
UTI Income Plus Arbitrage Active Fund of Fund Regular Growth Moderately High risk	0.5%	0.0%	₹293.14 Cr	-
UTI Income Plus Arbitrage Active Fund of Fund Direct Growth Moderately High risk	0.1%	0.0%	₹293.14 Cr	-
ICICI Prudential Thematic Advantage Fund (FOF) Direct Growth Very High Risk	1.0%	1.0%	₹5976.70 Cr	6.2%
HDFC Dynamic PE Ratio Fund of Funds Plan A Direct Growth Moderate Risk	0.1%	0.0%	₹1538.90 Cr	-0.9%
Aditya Birla Sun Life Active Debt MultiManager FOF Scheme Regular Growth Low to Moderate Risk	0.6%	0.0%	₹1297.16 Cr	7.7%
ICICI Prudential Income Optimizer Fund (FOF) Direct Growth Moderate Risk	0.0%	0.0%	₹1631.13 Cr	5.7%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth High Risk	0.5%	1.0%	₹19.22 Cr	1.2%
Aditya Birla Sun Life Financial Planning Fund Of Fund Aggressive Direct Growth Very High Risk	1.0%	1.0%	₹222.74 Cr	2.7%
Aditya Birla Sun Life Financial Planning Fund Of Fund Conservative Direct Growth High Risk	1.1%	1.0%	₹15.93 Cr	5.0%
Aditya Birla Sun Life Active Debt MultiManager FOF Scheme Direct Growth Low to Moderate Risk	0.4%	0.0%	₹1297.16 Cr	8.0%
Aditya Birla Sun Life Asset Allocator FoF Direct Growth Moderately High risk	1.0%	1.0%	₹232.07 Cr	6.8%
Aditya Birla Sun Life Financial Planning Fund Of Fund Moderate Direct Growth Moderately High risk	1.2%	1.0%	₹37.42 Cr	4.3%
Bandhan Asset Allocation FOF Conservative Plan Direct Growth Moderately High risk	0.2%	1.0%	₹6.32 Cr	5.4%
Kotak All Weather Debt Fund of Funds Direct Growth Moderate Risk	0.5%	0.0%	₹5860.81 Cr	7.4%
Kotak All Weather Debt Fund of Funds Regular Growth Moderate Risk	0.7%	0.0%	₹5860.81 Cr	7.2%
Aditya Birla Sun Life Financial Planning Fund Of Fund Moderate Regular Growth Moderately High risk	1.7%	1.0%	₹37.42 Cr	3.8%

About the AMC

Kotak Mahindra Mutual Fund

+91 22 61152100

https://www.kotakmf.com/

Total AUM

₹5,79,182 Cr

Address

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

Other Funds by Kotak Mahindra Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Kotak Active Momentum Fund Direct Growth Low Risk	-	0.0%	₹1389.52 Cr	-
Kotak Nifty Alpha 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹7.72 Cr	-
Kotak Nifty AAA Bond Financial Services Mar 2028 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹407.54 Cr	-
Kotak Nifty 200 Quality 30 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹12.24 Cr	-
Kotak Nifty Top 10 Equal Weight Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹19.44 Cr	-
Kotak Energy Opportunities Fund Direct Growth Very High Risk	0.9%	1.0%	₹208.17 Cr	-
Kotak Nifty Midcap 150 Index Fund Regular Growth Very High Risk	0.1%	0.0%	₹8.97 Cr	-
Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹547.84 Cr	-
Kotak Nifty Commodities Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹27.18 Cr	-
Kotak CRISIL-IBX AAA Bond Financial Services Index - Dec 2026 Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹26.90 Cr	-
Kotak BSE Sensex Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹12.21 Cr	-
Kotak Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹32.52 Cr	-
Kotak Nifty 100 Equal Weight Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹19.40 Cr	-
Kotak Nifty 50 Equal Weight Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹19.90 Cr	-
Kotak Transportation & Logistics Fund Direct Growth Very High Risk	0.8%	0.0%	₹489.23 Cr	-
Kotak MNC Fund Direct Growth Very High Risk	0.6%	0.0%	₹2182.89 Cr	-
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹251.82 Cr	-
Kotak Nifty India Tourism Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹31.82 Cr	0.2%
Kotak Crisil-IBX AAA Financial Services Index - Sep 2027 Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹443.51 Cr	-
Kotak Nifty Midcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹57.05 Cr	-2.1%
Kotak BSE PSU Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹74.79 Cr	-6.2%
Kotak Special Opportunities Fund Direct Growth Very High Risk	0.7%	0.0%	₹1886.23 Cr	-6.4%
Kotak Nifty 100 Low Volatility 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹120.60 Cr	-2.0%
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 Cr	7.5%
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%	₹150.30 Cr	3.4%
Kotak Technology Fund Direct Growth Very High Risk	0.9%	0.0%	₹590.28 Cr	-7.4%
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	0.8%	0.0%	₹466.92 Cr	0.1%
Kotak FMP Series 323 Direct Growth Low Risk	-	0.0%	-	-
Kotak Consumption Fund Direct Growth Very High Risk	0.6%	0.0%	₹1488.23 Cr	0.8%
Kotak Nifty G-Sec July 2033 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹20.65 Cr	8.4%
Kotak Multi Asset Allocation Fund Direct Growth High Risk	0.4%	1.0%	₹8373.72 Cr	7.4%
Kotak S&P BSE Housing Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹17.63 Cr	-5.2%
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 Cr	8.6%
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 Cr	8.4%
Kotak Fixed Maturity Plan Series 262 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 291 - 1826 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 264 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 310 - 1131 Days Direct Growth Low to Moderate Risk	-	0.0%	₹125.59 Cr	7.4%
Kotak FMP Series 306 Direct Growth Moderate Risk	-	0.0%	-	-
Kotak Quarterly Interval Series 12 Direct Growth Low to Moderate Risk	-	0.0%	-	-

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth?

The NAV of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth, as of 11-Sep-2025, is ₹257.54.

What are the returns of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth?

The fund has generated 8.96% over the last 1 year and 19.35% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth?

The fund's allocation of assets is distributed as 72.58% in equities, 12.60% in bonds, and 4.05% in cash and cash equivalents.

Who manages the Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth?

The fund managers responsible for Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth are:-

Abhishek Bisen
Devender Singhal

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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Fund Overview

Fund Size

₹1,877 Cr

Expense Ratio

0.87%

ISIN

INF174K01LN3

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Very High Risk