Q: What are the returns of this mutual fund scheme?

The Kotak Multicap Fund Direct - Growth is a 4 yrs 1 m old fund and has delivered average annual returns of 20.26% since inception. Kotak Multicap Fund Direct - Growth Returns 1-Year 3-Year Since Inception 9.71% 25.28% 20.26%

Question 1

What is the current NAV of Kotak Multicap Fund Direct - Growth?

Accepted Answer

The current Net Asset Value (NAV) of the Kotak Multicap Fund - Direct Growth plan is approximately ₹21.157 as of Oct 20, 2025.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The Kotak Multicap Fund Direct - Growth is a 4 yrs 1 m old fund and has delivered average annual returns of 20.26% since inception.

Kotak Multicap Fund Direct - Growth Returns

1-Year	3-Year	Since Inception
9.71%	25.28%	20.26%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The Kotak Multicap Fund - Direct Growth has an expense ratio of 0.42%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

Question 4

What is the AUM or fund size of this mutual fund?

Accepted Answer

The Kotak Multicap Fund currently has assets under management (AUM) or fund size valued at approximately 20,285 Cr as on Sep 30, 2025.

Question 5

What are the top stock holdings of Kotak Multicap Fund?

Accepted Answer

The Kotak Multicap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Maruti Suzuki India Ltd.	6.32%
Hero Motocorp Ltd.	4.52%
State Bank of India	4.04%
Eternal Ltd.	2.89%
Poonawalla Fincorp Ltd.	2.88%
Radico Khaitan Ltd.	2.81%
Hindustan Petroleum Corporation Ltd.	2.66%
Power Finance Corporation Ltd.	2.56%
NTPC Ltd.	2.55%
ITC Ltd.	2.28%

Question 6

What are the top sectors Kotak Multicap Fund has invested in?

Accepted Answer

The Kotak Multicap Fund has primarily invested in the following sectors

Company	Percentage of Portfolio
Maruti Suzuki India Ltd.	6.32%
Hero Motocorp Ltd.	4.52%
State Bank of India	4.04%
Eternal Ltd.	2.89%
Poonawalla Fincorp Ltd.	2.88%
Radico Khaitan Ltd.	2.81%
Hindustan Petroleum Corporation Ltd.	2.66%
Power Finance Corporation Ltd.	2.56%
NTPC Ltd.	2.55%
ITC Ltd.	2.28%

Question 7

What is risk level of Kotak Multicap Fund?

Accepted Answer

This is a Multi Cap fund comes with Very High risk.

Question 8

Is there any lock-in period in this mutual fund?

Accepted Answer

No, this fund does not have any lock-in period.

Question 9

How do I invest in Kotak Multicap Fund Direct - Growth?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Kotak Multicap Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Kotak Multicap Fund is complete.

Question 10

How can I redeem my investments in Kotak Multicap Fund?

Accepted Answer

Redeeming your investments in the Kotak Multicap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.42% as on Sep 30, 2025
Exit load	1.0% Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.!
AUM (Fund size)	₹20,285 Cr
Lock-in Period	Nil
Age	4 yrs 1 m since Sep 08, 2021
Benchmark	Nifty 500 Multicap 50:25:25 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Period	This fund	Category average
1 Month	2.98%	2.36%
3 Months	6.87%	3.0%
6 Months	14.27%	11.01%
1 Year	9.71%	7.09%
2 Years	27.13%	22.89%
3 Years	25.28%	20.75%
4 Years	20.68%	16.09%

Alpha	5.1 vs. 3.69 Higher outperformance against benchmark
Sharpe	1.15 vs. 2.95 Poor risk-adjusted returns
Beta	1.02 vs. 0.5 More sensitive to market's ups & downs
Standard deviation	15.23 vs. 6.05 More volatile performance

Fund AUM	20,285 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

No. of schemes	83 view all schemes
Total AUM	5,66,982 Cr as on Sep 30, 2025
Address	The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai, 400051
Phone	022-61152100 / 1800-22-2626

Kotak Multicap Fund Direct - Growth

Historical NAV & returns

Kotak Multicap Fund overview

Kotak Multicap Fund Returns calculator

Trailing returns as on Oct 17, 2025

Asset allocationas on Sep 30, 2025

Key risk & return ratios Compared to other funds in the category

Compare Kotak Multicap Fund in detail with

About this fund

About Kotak Multicap Fund

Fund managers

Investment objective

Kotak Mahindra Mutual Fund details

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Frequently asked questions

Kotak Multicap Fund Direct - Growth Returns

ET Money rank

Fund name	ETM Rank	AUM	1Y	5Y
Kotak Infrastructure and Economic Reform Fund	N.A.	2,341 Cr	2.24%	32.66%
Kotak Midcap Fund	N.A.	58,300 Cr	8.15%	28.82%
Kotak Small Cap Fund	N.A.	17,480 Cr	-2.29%	27.96%
Kotak Contra Fund	N.A.	4,716 Cr	7.2%	25.23%
Kotak Pioneer Fund	N.A.	3,148 Cr	11.57%	25.17%
Kotak Large & Midcap Fund	N.A.	28,381 Cr	7.22%	23.76%

Sector	Percentage of Portfolio
Financial	24.580000000000002%
Automobile	14.41%
Services	11.219999999999999%
Energy	9.52%
Technology	8.75%
Materials	6.6%
Consumer Staples	6.09%
Communication	4.390000000000001%
Healthcare	3.52%
Capital Goods	3.42%