Kotak Multi Asset Allocation Fund: A Guide for New Investors

Understanding how multi-asset funds work can be a smart move for your investments, especially if you’re just starting your earning journey. Let’s take a closer look at the Kotak Multi Asset Allocation Fund to see what it offers and how it performs.

What is the Kotak Multi Asset Allocation Fund?

This fund is an open-ended hybrid scheme from Kotak Mahindra Asset Management Company Limited, designed to grow your money over the long term. It achieves this by investing across various asset classes like equity, debt, and commodity ETFs.

It’s officially categorized as a Hybrid – Multi Asset Allocation scheme, meaning it diversifies your investments across different types of assets. The fund carries a ‘Very High’ riskometer rating, so it’s important to understand the potential for both higher returns and higher risk.

Key Fund Numbers You Should Know

• As of August 21, 2026, the fund’s Net Asset Value (NAV) was ₹16.9, showing a 0.37% increase.
• The total Assets Under Management (AUM) are substantial, standing at ₹83,044.78 crore.
• The fund launched on September 22, 2023, making it a relatively new option in the market.

When it comes to how the fund allocates its assets, it maintains a diversified approach across different investment types. This strategy aims to balance risk and return for investors like you.

• Your money is predominantly in equity and equity-related securities at 71.08%.
• A smaller portion, 9.98%, is allocated to debt and money market instruments.
• The remaining 18.94% is invested in other assets, including commodity ETFs and exchange-traded commodity derivatives.

Who Manages Your Money?

The fund is managed by a team of experienced professionals, ensuring your investments are in capable hands. The key fund managers include Devender Singhal, Abhishek Bisen, Hiten Shah, and Jeetu Valechha Sonar.

How Has It Performed?

Understanding a fund’s past performance can give you an idea of its potential, though remember that past results don’t guarantee future returns. Here’s how the Kotak Multi Asset Allocation Fund has performed:

• Over the last 1 month, it delivered a return of 2.92%.
• Its 3-month return stands at 3.19%.
• Looking at the past year, the fund has shown an impressive 22.2% return.
• Since its inception, the fund has generated a return of 19.73%.

What Does the Fund Hold?

Knowing the top holdings gives you insight into where the fund is primarily investing your capital. This transparency helps you understand the underlying assets.

• A significant holding is the Kotak Mutual Fund – Kotak Silver ETF.
• It also includes investments in Triparty Repo.
• Another key holding is the Kotak Mutual Fund – Kotak Gold ETF.
• You’ll also find shares of State Bank of India within its portfolio.
• Finally, Maruti Suzuki India Limited is among its top investments.

This overview of the Kotak Multi Asset Allocation Fund provides a clear picture of its structure and performance, helping you consider if it aligns with your long-term investment goals.