Kotak Multi Asset Allocation Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Kotak Multi Asset Allocation Fund Direct Reinvestment Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 22 September, 2023. The fund is managed by Abhishek Bisen, Hiten Shah, Devender Singhal, Jeetu Sonar. This fund gives you the benefit of diversification.

1. Kotak Multi Asset Allocation Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹8374 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

Kotak Multi Asset Allocation Fund Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 19.57% since inception. Over the last 1 year the fund has given a CAGR return of 7.39%.

Kotak Multi Asset Allocation Fund Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Government, Cash Equivalent, Consumer Cyclical, Financial Services, Tech, Utilities, Consumer Defensive, Corporate, Communication, Basic Materials, Industrial, Energy, Health.

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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 for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Multi Asset Allocation Fund Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.