Kotak Mutual Fund · Direct Growth · SEBI Category: Multi Asset
Kotak Multi Asset Allocation Fund applies Kotak Mahindra Mutual Fund's conservative, research-driven approach across three asset classes — equity, debt and gold. The fund invests a minimum 10% in each asset class with the balance allocated based on the manager's view of relative valuations across asset classes. Kotak MF's discipline in risk management — applied consistently across all its schemes — provides a quality overlay to the multi-asset portfolio.
The fund's equity component focuses on quality large cap businesses within the Nifty 200 universe. The debt component is managed conservatively with AAA and AA+ rated bonds. The gold allocation through gold ETFs provides the portfolio's crisis protection layer. Kotak MF's conservative culture means the fund prioritises capital preservation alongside growth — a meaningful feature for risk-conscious multi-asset investors.
Harsha Upadhyaya manages the equity sleeve, Abhishek Bisen handles the debt component and Manu Bhatt manages the gold allocation in Kotak Multi Asset Allocation Fund. Upadhyaya's CIO-level equity expertise and Bisen's strong fixed income credentials make this one of the most senior management teams in the multi asset category. Bhatt manages gold ETF allocation efficiently.
For current co-manager details and full biography, refer to the latest Kotak Mutual Fund factsheet on AMFI or the AMC website.
Informational points to help you form your own view — not judgements or recommendations.
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| Fund | NAV | AAUM | 1Y Return | 3Y CAGR | 5Y CAGR | Sharpe (3Y) |
|---|---|---|---|---|---|---|
| SBI Multi Asset Allocation Fund | ₹73.80 | ₹15.2K Cr Jan–Mar 2026 | +14.8% | +17.9% p.a. | +14.5% p.a. | 1.62 |
| Nippon India Multi Asset Allocation Fund | ₹26.38 | ₹12.6K Cr Jan–Mar 2026 | +16.8% | +21.0% p.a. | +16.9% p.a. | 1.59 |
| Kotak Multi Asset Allocation Fund ▲ | ₹16.39 | ₹12.1K Cr Jan–Mar 2026 | +24.9% | — | — | — |
| DSP Multi Asset Allocation Fund | ₹16.64 | ₹7.8K Cr Jan–Mar 2026 | +21.4% | — | — | — |
| UTI Multi Asset Allocation Fund | ₹86.71 | ₹6.6K Cr Jan–Mar 2026 | +7.4% | +17.8% p.a. | +14.6% p.a. | 1.31 |
Calculated from 656 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.
1M / 3M / 6M / 1Y — simple point-to-point return · 3Y / 5Y / 10Y — CAGR (compounded annual growth rate)
Based on all rolling windows in full NAV history. Dates show the start and end of each period.
Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.
Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →
How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.
Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.
Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →
Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.
See how Kotak Multi Asset Allocation FundOption ranks against other Multi Asset funds on returns, drawdown, Sharpe ratio and AAUM — side by side.
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