Kotak Multi Asset Allocation Fund Direct Growth
Hybrid
Direct
Multi Asset Allocation
NAV: ₹ 11.93 as on 29-04-2024
Fund Performance
659 people have invested ₹ 45L in Kotak Multi Asset Allocation Fund Direct Growth in the last three months
About the Kotak Multi Asset Allocation Fund Direct Growth
Kotak Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 22 September, 2023. The fund is managed by Abhishek Bisen, Arjun Khanna, Hiten Shah, Devender Singhal. This fund gives you the benefit of diversification.
Key Parameters
- Kotak Multi Asset Allocation Fund Direct Growth has ₹5367 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.3.
Overview
 | 0.31% |
 Benchmark | IISL Nifty 500 TR INR |
 | ₹5367 Cr |
 | 22 September, 2023 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0% |
Kotak Multi Asset Allocation Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
47.7%
Mid cap
12%
Small cap
6.9%
Sector Allocation
Financial Services
25.5%
Consumer Cyclical
20.3%
Utilities
10.4%
Industrial
8.4%
Consumer Defensive
8.2%
Basic Materials
7.5%
Tech
7.3%
Communication
6.8%
Health
2.9%
Energy
2.1%
Real Estate
0.6%
Top Holdings of Kotak Multi Asset Allocation Fund Direct Growth as on (31-Mar-24)
Equity Holdings62
Debt Holdings11
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Kotak Gold ETF | 10.51% | 24.4% | |
 Kotak Silver ETF | 5.63% | 50.1% | |
 Maruti Suzuki India Ltd | 4.93% | 0% | |
 HDFC Bank Ltd | 4.28% | -8.6% | |
 NTPC Ltd | 4.23% | -0.2% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 5.1K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Abhishek Bisen
Fund Manager of Kotak Multi Asset Allocation Fund Direct Growth, since 21 September 2023
Top funds managed
Arjun Khanna
Fund Manager of Kotak Multi Asset Allocation Fund Direct Growth, since 21 September 2023
Top funds managed
Hiten Shah
Fund Manager of Kotak Multi Asset Allocation Fund Direct Growth, since 21 September 2023
Top funds managed
Devender Singhal
Fund Manager of Kotak Multi Asset Allocation Fund Direct Growth, since 21 September 2023
Top funds managed
Kotak Multi Asset Allocation Fund Direct Growth Highlights
High Risk
Investors understand that their principal will be at High Risk
About the fund
This fund has delivered returns of 18.84% since inception (22nd Sep 2023)
Fund Allocations
This fund has an allocation of 53.87% in Equity, 9.2% in Debt and 21.17% in Cash related instruments
AUM size ₹5367 Cr
This fund has AUM of ₹5367 Cr which is more than its category average of ₹ 3045 Cr
Expense Ratio 0.31%
This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 1.27%
Frequently Asked Questions
The current NAV of Kotak Multi Asset Allocation Fund Direct Growth is ₹11.93 as on 29-Apr-2024.
Existing (Absolute + CAGR) as on 29-Apr-2024.
Kotak Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.17% | 4.17% |
6 Month Returns | 20.02% | 20.02% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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.
0.31% as on March 2024
₹5367 Cr as on March 2024
Kotak Gold ETF(10.51%), Kotak Silver ETF(5.63%), Maruti Suzuki India Ltd(4.93%), HDFC Bank Ltd(4.28%), NTPC Ltd(4.23%) as on March 2024
Cash Equivalent(28.1%), Government(16.2%), Financial Services(13.71%) as on March 2024
AAA | 100 |
Abhishek Bisen, Arjun Khanna, Hiten Shah, Devender Singhal are the fund managers of Kotak Multi Asset Allocation Fund Direct Growth
The Exit load of Kotak Multi Asset Allocation Fund Direct Growth is 1%