Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Payout of Income Distribution cum Cap Wdrl

Hybrid
Direct
Fund Of Funds
Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Payout of Income Distribution cum Cap Wdrl

About the Fund

Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Payout of Income Distribution cum Cap Wdrl is a hybrid fund. This fund was started on 8 February, 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 Payout of Income Distribution cum Cap Wdrl has ₹1517 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Payout of Income Distribution cum Cap Wdrl has given a CAGR return of 17.34% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 32.53%, 21.24% and 22.50% respectively.

Holdings

Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Payout of Income Distribution cum Cap Wdrl has allocated its funds majorly in Government, Financial Services, Cash Equivalent, Industrial, Consumer Cyclical, Tech, Consumer Defensive, Basic Materials, Communication, Health, Corporate, Utilities, Energy, 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 benefit
Gains 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 Payout of Income Distribution cum Cap Wdrl

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 1000.00. Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Payout of Income Distribution cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
9 people have invested ₹ 23.2K in Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Payout of Income Distribution cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.3%
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
AUM₹1517 Cr
Inception Date8 February, 2013
Min Lumpsum/SIP--/₹1000
Exit Load
1%
Lock InNo Lock-in
TurnOver
92.63%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-Dec-69)

  • Equity 58.3%

  • Debt & Cash 28.6%

Large cap
37.2%

Mid cap
13.2%

Small cap
7.7%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
26.7%
Industrial
16.3%
Consumer Cyclical
16%
Tech
9.5%
Consumer Defensive
7.3%
Basic Materials
6.1%
Communication
6%
Health
5.5%
Utilities
3.4%
Energy
2.4%
Real Estate
0.9%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Kotak Gold ETF
Kotak Gold ETF
13.34%
0%
Kotak Nifty Bank ETF
Kotak Nifty Bank ETF
10.62%
100%
iShares NASDAQ 100 ETF USD Acc
iShares NASDAQ 100 ETF USD Acc
9.64%
0%
Kotak Nifty PSU Bank ETF
Kotak Nifty PSU Bank ETF
2.07%
-79%

Arjun Khanna
Arjun Khanna
Fund Manager of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Payout of Income Distribution cum Cap Wdrl, since 9 May 2019
Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Payout of Income Distribution cum Cap Wdrl, since 15 November 2021
Devender Singhal
Devender Singhal
Fund Manager of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Payout of Income Distribution cum Cap Wdrl, since 9 May 2019

Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Payout of Income Distribution cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

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

About the fund

This fund has delivered an average annual returns of 17.34% since inception which is more than its category average return of 13.09%
Fund Allocations

Fund Allocations

This fund has an allocation of 58.3% in Equity, 23.15% in Debt and 5.42% in Cash related instruments
AUM size ₹1517 Cr

AUM size ₹1517 Cr

This fund has AUM of ₹1517 Cr which is more than its category average of ₹ 673 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.8%

Frequently Asked Questions

The current NAV of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Payout of Income Distribution cum Cap Wdrl is ₹230.83 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Payout of Income Distribution cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
2.49%
2.49%
6 Month Returns
17.42%
17.42%
1 Year Returns
32.53%
32.53%
3 Years Returns
78.23%
21.24%
5 Years Returns
175.91%
22.5%
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.
0.3% as on June 2024
₹1517 Cr as on June 2024
Kotak Gold ETF(13.34%), Kotak Gilt-Investment Growth - Direct(12.82%), Kotak Bond Dir Gr(11.08%), Kotak Nifty Bank ETF(10.62%), Kotak Infra & Econ Reform Dir Gr(9.94%) as on June 2024
Government(31.34%), Financial Services(15.54%), Industrial(9.53%) as on June 2024
AAA
99.85
AA
0.15
Arjun Khanna, Abhishek Bisen, Devender Singhal are the fund managers of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Payout of Income Distribution cum Cap Wdrl
The Exit load of Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Payout of Income Distribution cum Cap Wdrl is 1%