Kotak Multi Asset Allocation Fund Direct Growth

Hybrid
Direct
Multi Asset Allocation
Kotak Multi Asset Allocation Fund Direct Growth

About the Fund

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, Arjun Khanna. This fund gives you the benefit of diversification.

Key Parameters

  1. Kotak Multi Asset Allocation Fund Direct Growth has ₹6089 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

Kotak Multi Asset Allocation Fund Direct Growth has given a CAGR return of 29.72% since inception.

Holdings

Kotak Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Consumer Cyclical, Utilities, Consumer Defensive, Industrial, Tech, Communication, Basic Materials, Corporate, Energy, Health, 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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
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.

Fund Performance
zero opening, trading, fund transfer fee
928 people have invested ₹ 49.5L in Kotak Multi Asset Allocation Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.31%
Benchmark
IISL Nifty 500 TR INR
AUM₹6089 Cr
Inception Date22 September, 2023
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 55.8%

  • Debt & Cash 27.2%

Large cap
43.8%

Mid cap
13.8%

Small cap
8.5%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
29.3%
Consumer Cyclical
18.9%
Utilities
10.2%
Basic Materials
9.1%
Consumer Defensive
8.9%
Industrial
7.2%
Communication
6.2%
Tech
6%
Energy
2%
Health
1.9%
Real Estate
0.5%
All changes are between Oct'69 and Dec'69

Hiten Shah
Hiten Shah
Fund Manager of Kotak Multi Asset Allocation Fund Direct Growth, since 21 September 2023
Devender Singhal
Devender Singhal
Fund Manager of Kotak Multi Asset Allocation Fund Direct Growth, since 21 September 2023
Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak Multi Asset Allocation Fund Direct Growth, since 21 September 2023
Arjun Khanna
Arjun Khanna
Fund Manager of Kotak Multi Asset Allocation Fund Direct Growth, since 21 September 2023

Kotak Multi Asset Allocation Fund Direct Growth Highlights

Risk meter
pointer

High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered returns of 29.72% since inception (22nd Sep 2023)
Fund Allocations

Fund Allocations

This fund has an allocation of 55.81% in Equity, 8.57% in Debt and 18.58% in Cash related instruments
AUM size ₹6089 Cr

AUM size ₹6089 Cr

This fund has AUM of ₹6089 Cr which is more than its category average of ₹ 3428 Cr
Expense Ratio 0.31%

Expense Ratio 0.31%

This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 1.21%

Frequently Asked Questions

The current NAV of Kotak Multi Asset Allocation Fund Direct Growth is ₹12.99 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
Kotak Multi Asset Allocation Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.75%
3.75%
6 Month Returns
18.11%
18.11%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
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.
0.31% as on June 2024
₹6089 Cr as on June 2024
Kotak Gold ETF(10.07%), HDFC Bank Ltd(7.96%), Kotak Silver ETF(7.33%), Maruti Suzuki India Ltd(4.43%), NTPC Ltd(3.93%) as on June 2024
Cash Equivalent(30.34%), Financial Services(17.57%), Government(11.62%) as on June 2024
AAA
100
Hiten Shah, Devender Singhal, Abhishek Bisen, Arjun Khanna are the fund managers of Kotak Multi Asset Allocation Fund Direct Growth
The Exit load of Kotak Multi Asset Allocation Fund Direct Growth is 1%