Kotak Multi Cap Fund Direct Growth NAV Little Changed at ₹21.43 on 11 September; 3-Year CAGR at 16.04%

Key Takeaways

• Kotak Multi Cap Fund Direct Growth NAV was marginally lower by 0.01% at ₹21.43 on 11 September 2026. 
• The one-year return stood at 5.42%, while the three-year CAGR was 16.04%. 
• A valid five-year CAGR was not yet available because the scheme had not completed five full years by the valuation date. 
• The scheme managed approximately ₹30,529 crore and its five largest disclosed holdings represented 21.17%. 

Kotak Multi Cap Fund Direct Growth NAV was little changed at ₹21.43 on 11 September 2026, down 0.01% from the previous valuation. Its latest one-year return stood at 5.42%. Across three years, the annualised return rose to 16.04%, a difference of 10.62 percentage points between the two historical periods. 

A valid five-year CAGR was not yet available on 11 September 2026 because the scheme had not completed a full five-year operating history by that date. The since-inception figure is a separate performance measure and should not be substituted for a five-year CAGR. This distinction avoids stretching a shorter return history into a period the scheme has not actually completed. 

The scheme managed approximately ₹30,529 crore and had a Direct Growth expense ratio of 0.7163%. Minimum SIP and lump-sum investment were both ₹100. As a multi-cap fund, it maintains exposure across large-, mid- and small-cap segments in accordance 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%. Together, the five positions accounted for 21.17% of the portfolio, leaving 78.83% across the remaining securities and other components. 

Historical risk statistics showed standard deviation at 5.04 and beta at 1.04. Alpha stood at 3.62 and the Sharpe ratio at 0.76. Given the scheme's shorter operating history, its multi-year risk measures are also drawn from a shorter observation period than those of long-established funds. 

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