Kotak Multi Asset Allocator Fund of Fund Dynamic Direct Growth
Hybrid
Direct
Fund Of Funds
NAV as on 04-10-2024
₹ 239.7
1D
Inception Returns
16.7%
/yr
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 Abhishek Bisen, Devender Singhal, Arjun Khanna. This fund gives you the benefit of diversification.
Key Parameters
- Kotak Multi Asset Allocator Fund of Fund Dynamic Direct Growth has ₹1572 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Kotak Multi Asset Allocator Fund of Fund Dynamic Direct Growth has given a CAGR return of 16.67% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 32.26%, 19.39% and 22.51% respectively.
Holdings
Kotak Multi Asset Allocator Fund of Fund Dynamic Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Tech, Industrial, Consumer Cyclical, Financial Services, Communication, Consumer Defensive, Basic Materials, Corporate, Health, Energy, Utilities, Real Estate.
Taxation
As it is a fund of funds 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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Kotak Multi Asset Allocator Fund of Fund Dynamic Direct Growth
To generate long term capital appreciation from a portfolio created by investing in units of Kotak Mahindra Mutual Fund schemes & ETFs / Index schemes (Domestic & Offshore Funds including Gold ETFs scheme).
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 Allocator Fund of Fund Dynamic Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.3% |
Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
| AUM | ₹1572 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 59.29% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   High Risk |
Trailing Returns
as on (04-Oct-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 1.6K Cr as of Aug'24
- AUM increased by 25.1 Cr between Aug'24 and Jul'24
Top 3 Sectors in August were Government, Financial Services & Industrial
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Kotak Gold ETF | 14.88% | 0% | |
 iShares NASDAQ 100 ETF USD Acc | 6.09% | 0% | |
Kotak Nifty PSU Bank ETF | 5.05% | 100% | |
 Kotak Nifty 1D Rate Liquid ETF | 4.46% | 0% | |
Kotak Nifty IT ETF | 3.62% | 0% |
Mutual Fund Insights
Kotak Multi Asset Allocator Fund of Fund Dynamic Direct Growth Highlights
High Risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 0.3%
Frequently Asked Questions
Kotak Multi Asset Allocator Fund of Fund Dynamic Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.33% | 1.33% |
6 Month Returns | 12.37% | 12.37% |
1 Year Returns | 32.26% | 32.26% |
3 Years Returns | 70.17% | 19.39% |
5 Years Returns | 175.98% | 22.51% |
- 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.
AAA | 100 |