Kotak Multi Asset Allocation Fund Direct Growth: NAV, Returns and Analysis

₹16.3290 on 9 November 2026, as published by AMFI, up 0.96% from 6 November 2026. Fund houses publish a NAV for every business day. The regular plan and the IDCW options have NAVs of their own; the regular plan’s grows more slowly because its expense ratio is higher.

To 9 November 2026, the direct plan returned 10.21% over 1 year, 17.47% over 3 years (a year, annualised beyond one year). These are AMFI NAV returns of the Direct-Growth plan; the regular plan’s are lower by roughly the difference in expense ratios. Past returns do not guarantee future returns.

Over 1 year it ranked 5th of 31, against a category average of 7.21%. Over 3 years it ranked 4th of 15, against a category average of 15.22%. Ranks compare the direct plans of the multi asset allocation funds AMFI lists today, by return; they are not ratings.

As disclosed on 3 November 2026, the total expense ratio is 0.65% a year for the direct plan and 1.78% for the regular plan. The 1.13% gap is mostly the distributor’s commission. On ₹10 lakh held for 10 years at an assumed 12% a year before costs, the direct plan would end about ₹2.84 lakh ahead.

Its direct plan NAV fell 13.8% from its high on 29 January 2026 to 23 March 2026, and has not yet regained that high. On 9 November 2026 it was 6.0% below its highest NAV, set on 29 January 2026.

Its average assets in July–September 2026 were ₹15,048 crore, across all plans, per AMFI: the 4th largest of 37 multi asset allocation funds.

That depends on your goals, how long you can stay invested and what else you hold, which this page cannot know. What the data shows: its returns against other multi asset allocation funds, how far it has fallen, and what it costs. Its rank changes from year to year, so look at several periods rather than one, and at how a fall like its worst would feel for your money. This is education, not a recommendation to buy, sell or hold.