Kotak Multi Asset Allocation Fund
Kotak Mahindra Mutual Fund · Multi Asset Allocation · Direct plan, growth option
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -2.5% | -3.9% |
| 3 months | -1.6% | -1.8% |
| 6 months | 4.9% | 4.0% |
| Year to date | 0.0% | 0.1% |
| 1 year | 10.2% | 6.4% |
| 3 years (CAGR) | 17.1% | 14.0% |
| 5 years (CAGR) | n/a | 12.7% |
| 7 years (CAGR) | n/a | 13.8% |
| 10 years (CAGR) | n/a | 11.6% |
| Since first NAV (CAGR) | 17.1% | – |
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 17.7% | 12.5% |
| 3Y rolling median | n/a | 17.0% |
| 3Y rolling worst | n/a | 4.4% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 13.8% |
| 5Y rolling worst | n/a | 1.9% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 11.5% | 9.9% |
| Sharpe ratio | 0.95 | 0.76 |
| Sortino ratio | 1.44 | 1.10 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −13.8% | −12.0% |
| Maximum drawdown, last 10Y | n/a | −27.2% |
| Maximum drawdown, last 5Y | n/a | −10.5% |
| Current drawdown | −7.2% | −5.8% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme hold only part of their money in each of these markets; the mix is set by the scheme and changes over time.
- P/E 19.2: higher than 0% of days since 2023 (median 22.1)
- 1Y −9.0% · 3Y +5.4% p.a. · 5Y +5.9% p.a. (index fund NAV, after costs)
- −14.8% from its 52-week high
- 1Y +25.6% · 3Y +35.9% p.a. · 5Y +25.2% p.a. (index fund NAV, after costs)
- −15.0% from its 52-week high (proxy NAV)
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
The Regular plan's expense ratio is 1.77% a year and the Direct plan's 0.64%, a gap of 1.13%; over the last 3 years the Direct plan returned 1.55 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹26,88,688.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
- 10 Sep 2026: TER reduced from 0.65% to 0.64% (AMFI TER disclosure)
- 4 Sep 2026: TER increased from 0.64% to 0.65% (AMFI TER disclosure)
| Fund manager | Role | Managing since |
|---|---|---|
| Devender Singhal | Primary | 22 Sep 2023 |
| Abhishek Bisen | Primary | 22 Sep 2023 |
| Hiten Shah | Primary | 22 Sep 2023 |
| Jeetu Valechha Sonar | Primary | 22 Sep 2023 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.64% | 0.85% |
| AUM, whole scheme (₹ crore) | 15,591 | 1,913 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 12.3% | 4.5% TRI |
| Return, 3 years (AMFI) | 17.4% | 12.3% TRI |
Official benchmark: NIFTY 500 TRI 65% + NIFTY Short Duration Debt Index 25% + Domestic Price of Gold 5% + Domestic Price of Silver 5% (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Multi Asset Allocation Direct plans; how it is calculated.
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 0.0% | n/a | – |
| 2025 | 24.4% | n/a | – |
| 2024 | 17.9% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,21,573 | 2.4% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Aditya Birla Sun Life Multi Asset Allocation Fund | Multi Asset Allocation | 0.96 | 15.1% |
| BANDHAN MULTI ASSET ALLOCATION FUND | Multi Asset Allocation | 0.95 | n/a |
| Mirae Asset Multi Asset Allocation Fund | Multi Asset Allocation | 0.94 | n/a |
| Nippon India Multi Asset Allocation Fund | Multi Asset Allocation | 0.94 | 18.1% |
| SBI MULTI ASSET ALLOCATION FUND | Multi Asset Allocation | 0.94 | 14.2% |
| Union Multi Asset Allocation Fund | Multi Asset Allocation | 0.94 | n/a |
- What is the latest NAV of Kotak Multi Asset Allocation Fund?
- The NAV of the Direct plan (growth option) was ₹16.1110 on 1 Oct 2026, as published by AMFI.
- Which category is Kotak Multi Asset Allocation Fund in?
- It is classified as Multi Asset Allocation in AMFI's daily NAV file. MFIC compares it with 37 Multi Asset Allocation schemes (Direct plans).
- What returns has Kotak Multi Asset Allocation Fund delivered?
- Over one year the NAV changed by 10.2%. The 3-year CAGR is 17.1% (category median 14.0%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- What was the largest fall in Kotak Multi Asset Allocation Fund's NAV?
- The largest peak-to-trough fall in its available history was 13.8%.
- How volatile is Kotak Multi Asset Allocation Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 11.5%, which is above the Multi Asset Allocation category median of 9.9%.
- What is the expense ratio (TER) of Kotak Multi Asset Allocation Fund?
- The total expense ratio of the Direct plan is 0.64% a year, as disclosed to AMFI (median of Multi Asset Allocation Direct plans: 0.85%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Kotak Multi Asset Allocation Fund?
- Assets under management of the whole scheme were ₹15,591 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Kotak Multi Asset Allocation Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Kotak Multi Asset Allocation Fund and how has it compared?
- Its official benchmark is the NIFTY 500 TRI 65% + NIFTY Short Duration Debt Index 25% + Domestic Price of Gold 5% + Domestic Price of Silver 5%. Over 3 years AMFI reports a return of 17.4% for this plan against 12.3% for the benchmark total return index. Past performance does not indicate future results.
- Who manages Kotak Multi Asset Allocation Fund?
- According to its Scheme Summary Document, Kotak Multi Asset Allocation Fund is managed by Devender Singhal (since 22 Sep 2023), Abhishek Bisen (since 22 Sep 2023), Hiten Shah (since 22 Sep 2023), Jeetu Valechha Sonar (since 22 Sep 2023).
- What is the exit load of Kotak Multi Asset Allocation Fund?
- As stated in its scheme documents: For redemption / switch out of upto 30% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1% If units are redeemed or switched out on or after 1 year from the date of allotment: NIL Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Kotak Multi Asset Allocation Fund?
- The minimum application amount is Rs. 100/-. SIP details: SIP - Rs.21 and in multiples of Re 0.01, SWP - Rs. 1000 STP - Rs. 1000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 10.2% and the Regular plan's by 8.9%. The Regular plan includes the services of a distributor.
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