Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth
Hybrid
Direct
Fund Of Funds
NAV: ₹ 156.5 as on 24-03-2023
Fund Performance
552 people have invested ₹ 3.1Cr in mutual fund in the last three months
Fund Insights
In the last 1 year, ICICI Prudential BHARAT 22 FOF Direct Growth has given 19.18% return, outperforming Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth by 8.16%
In the last 3 years, ICICI Prudential Thematic Advantage Fund(FOF) Direct Plan Growth has given 39.68% return, outperforming Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth by 10.1% per annum
In the last 5 years, Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth has outperformed all funds in its category
Over the last 1 year, Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth has decreased expense ratio by 35.0% moving from 0.20 to 0.13
Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth has one of the lowest expense ratio in the category (fund of funds). Its expense ratio is 0.13% which is lower than the category average expense ratio of 1.29%
Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth Performance as on (24-Mar-23)
About the Fund
Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Arjun Khanna, Abhishek Bisen, Devender Singhal. This fund gives you the benefit of diversification.
Key parameters
1) Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth has a NAV of ₹156.501 as on 24-03-2023.
2) Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth has ₹784 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.
3) The fund has an expense ratio 0.13 %.
Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth Overview
 | 0.13% |
 Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
 | ₹784 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 46.65% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
48%
Mid cap
16.1%
Small cap
2.7%
Sector Allocation
Financial Services
28.7%
Industrial
13.5%
Tech
12.9%
Consumer Cyclical
11.4%
Consumer Defensive
10.3%
Basic Materials
8.5%
Energy
4.6%
Communication
3.8%
Health
3.7%
Utilities
2.1%
Real Estate
0.5%
Top Holdings of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth as on (28-Feb-23)
Equity Holdings4
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 Kotak Nifty MNC ETF | 9.85% | 17.4% | |
Kotak Gold ETF | 9.64% | -12.7% | |
Kotak Nifty PSU Bank ETF | 9.26% | -4.8% | |
Kotak Nifty 50 ETF | 8.03% | 100% |
Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -1.74% whereas the fund’s underlying benchmark Fund of Funds Index returns stands at -0.22% as on Feb'23
- This fund underperformed Fund of Funds Index by 1.52% in Feb'23
AUM Change
- AUM of the fund stands at 783.8 Cr as of Feb'23
- AUM increased by 13.6 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top 3 Sectors in February were Government, Financial Services & Corporate
Feb'23
Government
63%
Financial Services
29%
Corporate
24%
Jan'23
Government
44%
Financial Services
40%
Corporate
18%
Peer Analysis
Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth Fund Manager
Arjun Khanna
Fund Manager of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth, since 9 May 2019
Top funds managed
Abhishek Bisen
Fund Manager of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth, since 15 November 2021
Top funds managed
Devender Singhal
Fund Manager of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth, since 9 May 2019
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 14.52% since inception which is more than its category average return of 6.9%
Fund Allocations
This fund has an allocation of 66.95% in Equity, 20.62% in Debt and 2.97% in Cash related instruments
AUM size ₹784 Cr
This fund has AUM of ₹784 Cr which is more than its category average of ₹ 529 Cr
Expense Ratio 0.13%
This fund has an expense ratio of 0.13% which is less than its category average expense ratio of 0.69%
Frequently Asked Questions
The current NAV of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth is 157.47 as on 23-Mar-2023.
Existing (Absolute + CAGR)
Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.48% | 0.48% |
6 Month Returns | 6.82% | 6.82% |
1 Year Returns | 11.73% | 11.73% |
3 Years Returns | 120.42% | 30.14% |
5 Years Returns | 104.85% | 15.42% |
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.
0.13 as on February 2023
784 Cr as on February 2023
AAA | 100 |
Abhishek Bisen,Arjun Khanna,Devender Singhal are the fund managers of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth
The Exit load of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth is 1%