Kotak Multi Cap Fund Direct Growth NAV Rises to ₹20.84 on 9 October 2026; 3-Year CAGR at 15.95%

Key Takeaways

• Kotak Multi Cap Fund Direct Growth recorded a NAV of ₹20.84 on 9 October 2026, increasing 1.31% over the valuation day. 
• The scheme's one-year return stood at -0.13%, with three-year and five-year CAGRs of 15.95% and 15.76%, respectively. 
• The latest fund-size display showed ₹30,529 crore and a Direct Growth expense ratio of 0.70%, with HDFC Bank representing 5.66% of the disclosed portfolio. 

Kotak Multi Cap Fund Direct Growth recorded a NAV of ₹20.84 on 9 October 2026, reflecting an increase of 1.31%. 

The scheme follows a multi-cap investment strategy, maintaining equity exposure across large-cap, mid-cap and small-cap companies. This differs from the more flexible market-cap allocation approach followed by flexi-cap funds. 

Historical performance showed a marginally negative one-year return of -0.13%. Over three years, the annualised return was 15.95%, compared with 15.76% over five years. 

The small difference between the longer-period figures should be viewed in the context of their different starting dates and measurement intervals. 

The latest fund-size snapshot showed ₹30,529 crore in assets, with a Direct Growth expense ratio of 0.70%. 

Minimum SIP and lump-sum amounts stood at ₹100 each. 

HDFC Bank represented 5.66% of the disclosed portfolio, making it the largest displayed holding. Maruti Suzuki followed at 4.10%, State Bank of India at 3.55%, Oracle Financial Services Software at 3.46% and Indo-MIM at 3.33%. 

Together, these positions accounted for 20.10% of the portfolio. 

The holdings span banking, automotive, technology-related services and manufacturing companies. The complete asset allocation can differ from what is visible in the abbreviated holdings list. 

Historical beta was 1.02, and the Sharpe ratio stood at 0.64. Such measurements describe prior return variability and market sensitivity. 

The NAV increase on 9 October represents the combined change in the scheme's unit value rather than the performance of any single market-cap category. 

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