Kotak Multicap Fund Direct Growth

Kotak Multicap Fund Direct Growth is an equity fund. This fund was started on 29 September, 2021. The fund is managed by Devender Singhal, Abhishek Bisen. The fund could potentially beat inflation in the long-run.

1. Kotak Multicap Fund Direct Growth has ₹17943 Cr worth of assets under management (AUM) as on Apr 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

Kotak Multicap Fund Direct Growth has given a CAGR return of 19.93% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 3.30% and 30.18% respectively.

Kotak Multicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Communication, Utilities, Consumer Defensive, Basic Materials, Energy, Health, Corporate, Government. Its top holdings are Maruti Suzuki India Ltd, State Bank of India, Hero MotoCorp Ltd, Hindustan Petroleum Corp Ltd, Radico Khaitan Ltd

As it is a multi-cap mutual fund the taxation is as follows:
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
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities across market capitalization

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Multicap Fund Direct Growth has no lock in period.