Kotak Multi Asset Allocation Fund - Regular Plan - Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 100% of historical 3-year rolling periods.
- Strong capital defense: downside capture of 25% limits losses during market corrections.
- Generated +6.6% annualized alpha (excess return) over its benchmark.
- Cost-efficient: expense ratio of 1.77% is lower than category median (2.13%).
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +1.93% | +3.61% | -1.68% |
| 3 Months | -2.36% | -1.36% | -1.00% |
| 6 Months | -0.08% | +1.77% | -1.85% |
| 1 Year | +8.61% | +6.58% | +2.03% |
| 3 Years CAGR | +16.15% | +13.86% | +2.29% |
| Since Inception | +15.72% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Kotak Multi Asset Allocation Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +1.16% | +2.90% | -1.74% |
| 2025 | +22.78% | +18.15% | +4.63% |
| 2024 | +16.16% | +16.05% | +0.11% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | +0.49% | +15.55% | +15.37% | +37.36% | 100.0% | 87.9% |
| 3-Year Rolling | +13.97% | +15.06% | +15.07% | +16.12% | 100.0% | 100.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2026-01-29 | 2026-03-23 | -13.9% | 2 months | Not yet recovered |
| 2024-09-26 | 2025-02-28 | -12.5% | 5 months | 5 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity & Equity Related instruments | 65%-80% Debt & Money market securities - 10%-25% Commodity ETFs, Exchange Traded Commodity Derivatives (ETCDs)$ & any other mode of investment in commodities as permitted by SEBI from time to time - 10-25% Units of InvITs and Units of Mutual Fund - 0-15%" |
Investment Objective & Strategy
The investment objective of the scheme is to generate long term capital appreciation by investing in Equity & Equity related Securities, Debt & Money Market Instruments, Commodity ETFs and Exchange Traded Commodity Derivatives. However, there is no assurance that the objective of the scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 15,532 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as stretched relative to Multi Asset Allocation schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Multi Asset Allocation Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Multi Asset Allocation Fund | 6.2 | +15.35% | 1.78% | 34.3% | Rs 7,836 cr | Compare → |
| UTI Multi Asset Allocation Fund | 4.0 | +13.47% | 1.83% | 48.2% | Rs 6,856 cr | Compare → |
| SBI MULTI ASSET ALLOCATION FUND | 5.6 | +13.84% | 1.37% | 23.1% | Rs 21,580 cr | Compare → |
| Axis Multi Asset Allocation Fund | 3.1 | +13.86% | 2.24% | 41.3% | Rs 2,758 cr | Compare → |
| Nippon India Multi Asset Allocation Fund | 7.1 | +17.22% | 1.45% | 23.9% | Rs 18,983 cr | Compare → |
Frequently Asked Questions about Kotak Multi Asset Allocation Fund
What is the expense ratio of Kotak Multi Asset Allocation Fund?
Kotak Multi Asset Allocation Fund has a total expense ratio (TER) of 1.77% with a base expense ratio of 1.4%, compared to the Multi Asset Allocation category median of 2.13%.
Who manages Kotak Multi Asset Allocation Fund?
Kotak Multi Asset Allocation Fund is managed by Devender Singhal.
What are the historical returns of Kotak Multi Asset Allocation Fund?
Kotak Multi Asset Allocation Fund delivered a 3-year CAGR of 16.15%. Its 1-year return stands at +8.61%.
How large is Kotak Multi Asset Allocation Fund?
Kotak Multi Asset Allocation Fund manages assets of Rs 15,532 cr, placing it in the 'stretched' size band relative to Multi Asset Allocation peers.
How is Kotak Multi Asset Allocation Fund scored on MFIQ?
Kotak Multi Asset Allocation Fund holds an MFIQ Score of 6.5/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Kotak Multi Asset Allocation Fund?
Kotak Multi Asset Allocation Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 12.48% with a maximum historical drawdown of -13.93%.