Kotak Multi Cap Fund Direct Growth NAV Rises to ₹21.22 on 17 September; 3-Year CAGR at 16.04%

Key Takeaways

• Kotak Multi Cap Fund Direct Growth NAV rose 0.77% to ₹21.22 on 17 September 2026. The latest three-year CAGR stood at 16.04%. 
• The fund recorded a one-year return of 2.76%, compared with a three-year CAGR of 16.04%. A standard five-year CAGR is not yet available because the scheme had not completed five full years by the valuation date. 
• HDFC Bank was the largest disclosed holding at 5.30%, followed by Maruti Suzuki at 4.57%. The five leading positions together accounted for 21.17% of the portfolio. 
• The scheme managed approximately ₹30,529 crore and had a Direct Growth expense ratio of 0.7163%. Both minimum SIP and lump-sum investments stood at ₹100. 

Kotak Multi Cap Fund Direct Growth NAV increased 0.77% to ₹21.22 on 17 September 2026. The scheme's latest three-year CAGR was 16.04%. Assets under management stood at approximately ₹30,529 crore and the Direct Growth expense ratio was 0.7163%. Minimum SIP and lump-sum investments were both ₹100. 

The latest one-year return came in at 2.76%. Over three years, the fund delivered an annualised return of 16.04%, creating a 13.28 percentage-point difference between the two periods. A standard five-year CAGR is not yet available because the scheme had not completed five full years of operating history by 17 September 2026. A since-inception figure would therefore not be directly comparable. 

HDFC Bank was the largest disclosed holding at 5.30%. Maruti Suzuki represented 4.57%, Oracle Financial Services 4.05%, SBI 3.89% and Hero MotoCorp 3.36%. Combined, the five largest holdings accounted for 21.17%, leaving 78.83% across other portfolio positions. 

Historical beta stood at 1.04 and standard deviation at 5.04. Alpha came in at 3.62, while the Sharpe ratio was 0.76. The shorter operating history means these risk statistics are based on a more limited time window than those of funds with longer track records. 

Multi-cap schemes maintain exposure across large-, mid- and small-cap categories in line with applicable category requirements. The current portfolio shows nearly four-fifths of assets outside the five largest disclosed holdings. 

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