Kotak Multi Cap Fund
Kotak Mahindra Mutual Fund · Multi Cap · Regular plan, growth option
NAV (₹), 1 Oct 2026
19.4530
1-day change
-1.18%
1Y return
0.5%
3Y CAGR
14.1%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 6 Oct 2021 to 1 Oct 2026
Returns vs Multi Cap median (34 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -3.1% | -5.0% |
| 3 months | -2.9% | -2.0% |
| 6 months | 8.6% | 12.8% |
| Year to date | -3.6% | 0.2% |
| 1 year | 0.5% | 3.3% |
| 3 years (CAGR) | 14.1% | 12.1% |
| 5 years (CAGR) | n/a | 11.2% |
| 7 years (CAGR) | n/a | 16.7% |
| 10 years (CAGR) | n/a | 13.2% |
| Since first NAV (CAGR) | 14.3% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 12.2% | 9.6% |
| 3Y rolling median | 22.7% | 16.6% |
| 3Y rolling worst | 14.1% | 10.0% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | 100% | 100% |
| 5Y rolling median | n/a | 16.2% |
| 5Y rolling worst | n/a | -1.4% |
| 5Y periods ahead of benchmark | n/a | 100% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 17.4% | 16.3% |
| Sharpe ratio | 0.50 | 0.41 |
| Sortino ratio | 0.75 | 0.59 |
| Beta | 1.08 | 1.00 |
| Alpha (ann.) | 5.1% | 3.3% |
| Upside capture | 125.44 | 109.62 |
| Downside capture | 101.81 | 98.29 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −21.4% | −20.3% |
| Maximum drawdown, last 10Y | n/a | −39.0% |
| Maximum drawdown, last 5Y | n/a | −21.6% |
| Current drawdown | −5.1% | −6.4% |
| Recovery time of worst fall | 268 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.80% a year and the Direct plan's 0.70%, a gap of 1.10%; over the last 3 years the Direct plan returned 1.41 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 ₹26,02,156.
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.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 28 Sep 2026: TER increased from 1.79% to 1.80% (AMFI TER disclosure)
- 18 Sep 2026: TER reduced from 1.80% to 1.79% (AMFI TER disclosure)
- 9 Sep 2026: TER reduced from 1.81% to 1.80% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Devender Singal | FM 1 fund manager for equity investment of the scheme | 29 Sep 2021 |
| Abhishek Bisen | FM 2 Fund Manager for debt investment of the Scheme | 29 Sep 2021 |
Objective: The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities across market capitalizationThere is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: The asset allocation under the Scheme, under normal circumstances, is as follows: Investments Indicative Allocation Investments in Equity & equity related Instruments - 75% - 100 % Debt & Money market instruments - 0% - 25% Units of Gold/Silver ETF- 0% - 25% Units issued by InvITs 0% - 10%
Benchmark (tier 1): NIFTY 500 Multicap 50:25:25 TRI
Exit load: For redemption / switch out of upto 10%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 Units issued on reinvestment of IDCW shall not be subject to entry and exit load.
Minimum application: Rs. 100/-
Allotment date: 29 Sep 2021
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 1.80% | 2.23% |
| AUM, whole scheme (₹ crore) | 31,275 | 3,856 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 2.5% | 0.4% TRI |
| Return, 3 years (AMFI) | 14.5% | 10.9% TRI |
| Return, 5 years (AMFI) | 14.5% | 11.0% TRI |
| Month-ends above category median (3Y CAGR) | 100% | 38% median |
| Month-ends in category top quartile (3Y) | 92% | 18% median |
Official benchmark: NIFTY 500 Multicap 50:25:25 Total Return Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Multi Cap Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | -3.6% | -7.8% | +4.2% |
| 2025 | 6.4% | 7.7% | −1.2% |
| 2024 | 27.1% | 15.6% | +11.5% |
| 2023 | 39.8% | 26.5% | +13.2% |
| 2022 | 9.9% | 3.8% | +6.1% |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,19,148 | -1.3% |
| 3 years | ₹3,60,000 | ₹3,93,003 | 5.8% |
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 facts
Category: Multi Cap
Plan / option: Regular · Growth
AMFI scheme code: 149182
ISIN: INF174KA1HS9
First NAV in MFIC data: 6 Oct 2021
History: 5.0 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Bandhan Large & Mid Cap Fund | Large & Mid Cap | 0.97 | 15.0% |
| HDFC Large & Mid Cap Fund | Large & Mid Cap | 0.97 | 10.4% |
| Bandhan Business Cycle Fund | Sectoral/Thematic | 0.97 | n/a |
| HDFC Multi Cap Fund | Multi Cap | 0.97 | 9.1% |
| ITI Large & Mid Cap Fund | Large & Mid Cap | 0.97 | n/a |
| Franklin India Multi Cap Fund | Multi Cap | 0.96 | n/a |
Questions about Kotak Multi Cap Fund
- What is the latest NAV of Kotak Multi Cap Fund?
- The NAV of the Regular plan (growth option) was ₹19.4530 on 1 Oct 2026, as published by AMFI.
- Which category is Kotak Multi Cap Fund in?
- It is classified as Multi Cap in AMFI's daily NAV file; a Multi Cap scheme invests at least 25% each in large-, mid- and small-cap stocks. MFIC compares it with 34 Multi Cap schemes (Regular plans).
- What returns has Kotak Multi Cap Fund delivered?
- Over one year the NAV changed by 0.5%. The 3-year CAGR is 14.1% (category median 12.1%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 22.7%, the lowest was 14.1%, and 100% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 100% of those periods.
- What was the largest fall in Kotak Multi Cap Fund's NAV?
- The largest peak-to-trough fall in its available history was 21.4%.
- How volatile is Kotak Multi Cap Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 17.4%, which is above the Multi Cap category median of 16.3%.
- What would a monthly SIP in Kotak Multi Cap Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,93,003 on 1 Oct 2026, an annualised return (XIRR) of 5.8%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Kotak Multi Cap Fund?
- The total expense ratio of the Regular plan is 1.80% a year, as disclosed to AMFI (median of Multi Cap Regular plans: 2.23%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Kotak Multi Cap Fund?
- Assets under management of the whole scheme were ₹31,275 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Kotak Multi Cap Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Kotak Multi Cap Fund and how has it compared?
- Its official benchmark is the NIFTY 500 Multicap 50:25:25 Total Return Index. Over 3 years AMFI reports a return of 14.5% for this plan against 10.9% for the benchmark total return index; over 5 years 14.5% against 11.0%. Past performance does not indicate future results.
- How often has Kotak Multi Cap Fund beaten its category?
- At 100% of the 24 month-ends compared over the last 10 years, its 3-year return was above the median of Multi Cap schemes (Regular plans); it was in the top quarter at 92% of them. A typical scheme would show about 50%.
- Who manages Kotak Multi Cap Fund?
- According to its Scheme Summary Document, Kotak Multi Cap Fund is managed by Devender Singal (since 29 Sep 2021), Abhishek Bisen (since 29 Sep 2021).
- What is the exit load of Kotak Multi Cap Fund?
- As stated in its scheme documents: For redemption / switch out of upto 10%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 Units issued on reinvestment of IDCW shall not be subject to entry and exit load. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Kotak Multi Cap 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 1.7% and the Regular plan's by 0.5%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.