| Launch date | 31 Aug 2023 |
| Allotment date | 22 Sep 2023 |
| End date | 14 Sep 2023 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.50%
Inclusive of GST
Exit load
Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 1 year.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Abhishek BisenAug 2023 - PresentView details
Devender SinghalAug 2023 - PresentView details
Hiten ShahAug 2023 - PresentView details
Jeetu Valechha SonarAug 2023 - PresentView details
Fund house & investment objective
| Rank (total assets) | #5 in India |
|---|---|
| Total AUM | ₹5,95,413.81Cr |
| Date of Incorporation | 05 Aug 1994 |
|---|
Kotak Multi Asset Allocation Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 05 Aug 1994. Jeetu Valechha Sonar is the Current Fund Manager of Kotak Multi Asset Allocation Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,95,414 Cr and the Latest NAV as of 02 Apr 2026 is ₹15.28. The Kotak Multi Asset Allocation Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 1 year. ;
Investment Objective
The scheme seeks to generate long term capital appreciation by investing in Equity & Equity related Securities, Debt & Money Market Instruments, Commodity ETFs and Exchange Traded Commodity Derivatives. ;
| Fund benchmark | -- |
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Fund house contact details
Peer Comparison
| Hybrid, Multi Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Quant Multi Asset Allocation Fund Direct Growth | 5 | 19.2% | 23.3% | 4,925.89 |
Nippon India Multi Asset Allocation Fund Direct Growth | 4 | 16.1% | 20.4% | 13,438.26 |
SBI Multi Asset Allocation Fund Direct Growth | 4 | 14.4% | 17.9% | 16,366.53 |
ICICI Prudential Multi Asset Fund Direct Growth | 5 | 7.5% | 17.8% | 83,044.78 |
HDFC Multi Asset Allocation Fund Direct Growth | 3 | 7.0% | 13.9% | 5,883.78 |