Hybrid · Multi Asset Allocation

Kotak Multi Asset Allocation Fund

Kotak Mahindra Mutual Fund

Benchmark

NIFTY 500 TRI 65% + NIFTY Short Duration Debt Index 25% + Domestic Price of Gold 5% + Domestic Price of Silver 5%

Riskometer

Very High

Size

₹15,131 cr

Allotted

22 Sep 2023

Holdings as of

Not on record

Kotak Multi Asset Allocation Fund is a multi asset allocation fund of Kotak Mahindra Mutual Fund with ₹15,131 cr under management. Its direct plan charges 0.63% a year. Devender Singhal has managed it for 3.1 years.

Debt and hybrid funds: the company-level sections (scorecard, companies inside, how it is run, nearest index) are not shown. Mix, returns, costs and managers only.

What is Kotak Multi Asset Allocation Fund invested in?

Mix not on record

Has Kotak Multi Asset Allocation Fund beaten its benchmark?

+6.35% over the last year on the direct plan.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	−2.10%	−3.60%	—
3 months	−1.21%	−5.03%	—
6 months	+1.50%	−1.83%	—
1 year	+6.35%	−4.06%	+10.41 pts
3 years	+16.98%	+9.27%	+7.71 pts
5 years	—	+8.00%	—
10 years	—	+12.69%	—
Since start from 3 Oct 2023	+16.98%	—	—

Valarth price history to 13 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+6.35%	+5.10%	—	—	🔒
3y	+16.95%	+15.41%	—	—	🔒
5y	—	—	—	—	—
10y	—	—	—	—	—

Ahead in points a year · its rank among Multi Asset Allocation funds, and how steady the lead is, in the app

Value of 100, month-end

Oct 2023 to 13 Oct 2026

Fund 162Nifty 500 TRI 135

₹100 put in at the start of Oct 2023 would be ₹162 on 13 Oct 2026, against ₹135 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Kotak Multi Asset Allocation Fund cost?

0.63% a year on the direct plan, 1.76% on the regular plan; 3 of 19 funds in its category charge less.

Direct plan

0.63% a year

Category median 0.79%

Regular plan

1.76% a year

Category median 2.10%

Gap

1.13 points

for the same holdings

3 of 19 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Hybrid Scheme - Multi Asset Allocation

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Kotak Multi Asset Allocation Fund?

Devender Singhal, since 22 Sep 2023; Abhishek Bisen, since 22 Sep 2023; Hiten Shah, since 22 Sep 2023.

Devender Singhal

3.1 years

since 22 Sep 2023

Abhishek Bisen

3.1 years

since 22 Sep 2023

Hiten Shah

3.1 years

since 22 Sep 2023

And 1 more; every manager, the other funds each runs and the changes over time are in the app.

Benchmark as filed(NIFTY 500 TRI (65%) + NIFTY Short Duraon Debt Index (25%) + Domesc Price of Gold (5%) + Domesc Price of Silver (5%) )

Exit load

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

From 6 Scheme Summary Documents filed with NSE, first on 29 Apr 2026; as on 29 Sep 2026

Questions people ask

Who manages Kotak Multi Asset Allocation Fund?

Devender Singhal (manager) since 22 Sep 2023; Abhishek Bisen (manager) since 22 Sep 2023; Hiten Shah (manager) since 22 Sep 2023; Jeetu Valechha Sonar (manager) since 22 Sep 2023.

What is the expense ratio of Kotak Multi Asset Allocation Fund?

0.63% a year on the direct plan and 1.76% on the regular plan (expense report, Oct 2026).

How has Kotak Multi Asset Allocation Fund done?

Its direct plan returned +16.95% a year over 3 years against None for its benchmark, NIFTY 500 TRI 65% + NIFTY Short Duration Debt Index 25% + Domestic Price of Gold 5% + Domestic Price of Silver 5%, as of 13 Oct 2026.