Kotak Multi Cap Fund Direct Growth NAV Rises to ₹21.44 on 10 September; 3-Year CAGR at 16.31%

Key Takeaways

• Kotak Multi Cap Fund Direct Growth NAV increased 0.23% to ₹21.44 on 10 September 2026. 
• Its one-year return stood at 5.52%, while the three-year CAGR reached 16.31%. 
• The scheme managed approximately ₹29,274 crore, with a Direct Growth expense ratio of 0.7163%. 
• HDFC Bank, Maruti Suzuki, Oracle Financial Services, State Bank of India and Hero MotoCorp together represented 21.17% of the portfolio. 

Kotak Multi Cap Fund Direct Growth NAV rose 0.23% to ₹21.44 on 10 September 2026. Its latest one-year return stood at 5.52%. Over three years, the annualised return came in at 16.31%, placing it 10.79 percentage points above the latest one-year figure. 

A complete five-year trailing CAGR is not yet available because the scheme had not completed five full years by the valuation date. Its operating history began in late September 2021, so 10 September 2026 still falls short of the five-year anniversary. The since-inception return shown on the current scheme snapshot was 16.65%, but that figure should not be substituted for a five-year CAGR. 

The scheme managed approximately ₹29,274 crore and carried a Direct Growth expense ratio of 0.7163%. Minimum investment stood at ₹100 for both SIP and lump-sum transactions. As a multi-cap scheme, the portfolio maintains exposure across large-, mid- and small-cap segments in line with the applicable category framework. 

HDFC Bank was the largest disclosed holding at 5.30%, followed by Maruti Suzuki at 4.57%. Oracle Financial Services represented 4.05%, State Bank of India 3.89% and Hero MotoCorp 3.36%. The five positions together accounted for 21.17% of the disclosed portfolio, leaving 78.83% across the remaining holdings and portfolio components. 

Recent historical risk statistics showed standard deviation of 5.04 and beta of 1.04. Alpha stood at 3.62, with the Sharpe ratio at 0.76. Under the exit-load structure, redemptions up to the specified 10% limit within the first year are load-free; qualifying units above that threshold attract a 1% charge. No exit load applies after one year. The fund's shorter operating history should also be kept in mind when reading multi-year risk and return statistics. 

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.