Kotak Multi Cap Fund Direct Growth NAV at ₹19.92 on 23 October 2026; 3-Year CAGR at 14.65%

Key Takeaways

• Kotak Multi Cap Fund Direct Growth recorded a NAV of ₹19.92 on 23 October 2026 after declining 1.83% over the valuation day. 
• Its one-, three- and five-year returns stood at -5.84%, 14.65% annualised and 14.81% annualised, respectively. 
• The scheme managed ₹30,335 crore and had a Direct Growth expense ratio of 0.70%, with minimum SIP and lump-sum amounts of ₹100. 
• HDFC Bank was the largest disclosed holding at 5.66%, followed by Maruti Suzuki at 4.10%. 

Kotak Multi Cap Fund Direct Growth recorded a NAV of ₹19.92 on 23 October 2026, falling 1.83% during the valuation day. The scheme's three-year CAGR was 14.65%. 

Its historical performance profile showed a -5.84% one-year return, 14.65% annualised over three years and 14.81% annualised over five years. The longer-period returns were therefore broadly similar to each other even as the latest one-year period remained negative. 

The fund managed ₹30,335 crore, with a Direct Growth expense ratio of 0.70%. Both the minimum SIP and minimum lump-sum investment were ₹100. The page listed the fund age at approximately five years. 

Within the disclosed equity portfolio, HDFC Bank was the largest holding at 5.66%, followed by Maruti Suzuki at 4.10%, SBI at 3.55%, Oracle Financial Services at 3.46% and Indo-MIM at 3.33%. These five positions represented approximately 20.10% of the portfolio. Risk statistics on the fund page included an alpha of 4.45, standard deviation of 5.07, beta of 1.02 and Sharpe ratio of 0.64. 

A multi-cap scheme is structured to invest across large-, mid- and small-cap companies rather than concentrating exclusively on one market-cap band. That wider mandate can create a different return and volatility profile from a single-segment equity fund. 

The ₹19.92 NAV used throughout this article is the refreshed primary-card value explicitly assigned to 23 October 2026. 

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