Kotak Multi Cap Fund Direct Growth NAV Slips to ₹20.79 on 12 October 2026; 5-Year CAGR at 15.71%

Key Takeaways

• Kotak Multi Cap Fund Direct Growth recorded a NAV of ₹20.79 on 12 October 2026, declining 0.23% during the valuation day. 
• The scheme's one-year return stood at -1.05%, with three- and five-year annualised returns of 14.99% and 15.71%, respectively. 
• The latest fund snapshot showed ₹30,529 crore in assets and a 0.70% expense ratio, with HDFC Bank representing 5.66% of disclosed holdings. 

Kotak Multi Cap Fund Direct Growth recorded a net asset value of ₹20.79 on 12 October 2026, representing a 0.23% decline over the valuation day. 

The scheme operates within the multi-cap fund category, investing across large-, mid- and small-cap companies. Unlike flexi-cap funds, multi-cap schemes are subject to defined minimum allocations across the three market-cap segments under the applicable category framework. 

This structure creates exposure to companies at different stages of business development and market maturity. 

Historical performance showed a one-year return of -1.05%. The three-year CAGR stood at 14.99%, while the five-year annualised return was 15.71%. 

The latest disclosed assets under management were ₹30,529 crore. The Direct Growth expense ratio was 0.70%, with minimum SIP and lump-sum investments of ₹100 each. 

HDFC Bank was the largest displayed holding, representing 5.66% of the portfolio. Maruti Suzuki accounted for 4.10%, followed by State Bank of India at 3.55%. 

Oracle Financial Services Software represented 3.46%, while Indo-MIM accounted for 3.33%. 

Together, the five disclosed positions represented 20.10% of the portfolio. 

The largest holdings span banking, automobiles, financial technology and manufacturing businesses. Their weights describe the latest displayed portfolio snapshot rather than necessarily the exact composition on the NAV valuation date. 

The scheme's risk statistics included beta of 1.02, standard deviation of 5.07 and Sharpe ratio of 0.64. 

Its displayed exit-load terms allow part of the initial investment to be redeemed within one year without a charge, subject to the stated limit. Redemptions above that allowance may attract an exit load during the specified period. 

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