Kotak Multi Asset Allocation Fund
Multi Asset Allocation fund from Kotak Mahindra Mutual Fund. Direct and regular Growth plans: returns over 1, 3 and 5 years, against the Nifty 50, its rank among multi asset allocation funds and what a ₹10,000 SIP became.
As of 30 Sep 2026, Kotak Multi Asset Allocation Fund (direct plan, Growth) has returned 12.3% a year over 1 year. Expense ratio: 0.64% a year for the direct plan and 1.77% for the regular plan. Latest NAV ₹15.65 (29 Oct 2026).
Kotak Multi Asset Allocation Fund returns
| Plan | 1 year | 3 years | 5 years | 10 years |
|---|---|---|---|---|
| Direct | 12.3% | — | — | — |
| Regular | 11.0% | — | — | — |
To 30 Sep 2026. Returns are yearly (CAGR) from AMFI month-end NAVs of the Growth option. An index's return is measured through a low-cost index fund's direct plan, so it is a little below the index itself. Past returns do not tell you what a fund will do next, and this is not a recommendation to buy or sell any fund.
Against the index
| Period | Fund | Nifty 50 |
|---|---|---|
| 1 year | 12.3% | -7.3% |
Hybrid funds hold bonds as well as shares, so the Nifty 50 overstates what they aim for; compare them within their category.
Calendar-year returns
| Year | Direct | Regular |
|---|---|---|
| 2025 | 24.4% | 22.8% |
| 2024 | 17.9% | 16.2% |
Expense ratio
0.64% a year for the direct plan and 1.77% for the regular plan, as disclosed for 30 Sep 2026 (AMFI's TER disclosure). It is taken out of the fund every day, so the returns above are already after it. On ₹10 lakh growing at 12% a year for 10 years, a 1.77% expense ratio instead of 0.64% costs ₹2,83,954. Try your own numbers with the expense ratio calculator.
Key takeaways
Frequently asked questions
What is the NAV of Kotak Multi Asset Allocation Fund?
₹15.65 for the direct plan (Growth) on 29 Oct 2026, from AMFI.
What is the expense ratio of Kotak Multi Asset Allocation Fund?
0.64% a year for the direct plan and 1.77% for the regular plan (AMFI disclosure for 30 Sep 2026).