Fund manager · Kotak

Devender Singhal

Equity Fund Manager at Kotak. Runs 10 schemes worth ₹63,802 Cr.

Fund house
KotakThey run their schemes at Kotak.
AUM they run
₹63,802 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.
Schemes
10 now · 39 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Aug 2024.
Experience
25 years25

Profile^{(Kotak's SAI, 30 Jun 2026)}

About

Role: Equity Fund Manager
Studied: PGDM (Finance, Insurance) Mathematics (Hon) Delhi University
Age: 49 years
Experience: 25
Also as: Devender Singal (Kotak)

Schemes now10

Kotak Multi Cap Fund₹31,275 Cr
Kotak Multi Asset Allocation Fund₹15,591 Cr
Kotak Equity Savings Fund₹10,566 Cr
Kotak Multi Asset Omni FoF₹2,653 Cr
Kotak Special Opportunities Fund₹1,985 Cr
Kotak Consumption Fund₹1,732 Cr
and 4 more, all below

AUM they run^{(May 2019 – Sept 2026)}

AUM at month end each month, and its change on the month before
12 months	₹ Cr	Change
Sept 2026	63,802	+1.8%
Aug 2026	62,666	+5.0%
Jul 2026	59,702	+2.2%
Jun 2026	58,408	+4.4%
May 2026	55,959	+2.0%
Apr 2026	54,847	+12.7%
Mar 2026	48,682	−6.4%
Feb 2026	52,037	−24.4%
Jan 2026	68,826	+0.5%
Dec 2025	68,492	+4.8%
Nov 2025	65,383	+5.6%
Oct 2025	61,893	+5.3%

AUM at month end, Sept 2026

₹63,802

+3.1% since Oct 2025

Fig. 1.The AUM of the schemes Devender Singhal ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time^{(May 2019 – now)}

Kotak2020202120222023202420252026

Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes^{(May 2019 – now)}

Kotak

10 now · since May 2019

Kotak Multi Cap Fund
Fund manager, equitySept 2021—5y 2m₹31,275 CrMulti CapTER 0.69%
Kotak Multi Asset Allocation Fund
Fund managerSept 2023—3y 2m₹15,591 CrMulti Asset AllocationTER 0.63%

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance^{(49 schemes)}

Growth · Direct plans, Regular before 2013

Return as manager: +11.75%
Beat peers: 19 of 31
vs peers: +1.40 pt
Longest run: 7.5 years
Beat benchmark: Upcoming

Each scheme Devender Singhal ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.

Kotak Multi Asset Omni FoF	May '19–now · 7.5y	+17.22%	+13.48%	+3.74 pt	–	–
Kotak BSE Sensex ETF	May '19–Feb '26 · 6.8y	−20.04%	+12.33%	−32.37 pt	–	–
Kotak Nifty 50 ETF	May '19–Feb '26 · 6.8y	+12.86%	+11.46%	+1.40 pt	–	–
Kotak Nifty 50 Value 20 ETF	May '19–Feb '26 · 6.8y	+14.73%	+11.46%	+3.26 pt	–	–
Kotak Nifty Bank ETF	May '19–Feb '26 · 6.8y	+10.68%	+12.33%	−1.65 pt	–	–
Kotak Nifty PSU Bank ETF	May '19–Feb '26 · 6.8y	+16.46%	+11.46%	+5.00 pt	–	–
Kotak Nifty IT ETF	Mar '21–Feb '26 · 4.9y	+10.98%	+10.92%	+0.06 pt	–	–
Kotak Nifty Next 50 Index Fund	Mar '21–Feb '26 · 4.9y	+15.73%	+12.83%	+2.90 pt	–	–
Kotak Equity Savings Fund	Apr '21–now · 5.5y	+10.18%	+8.24%	+1.94 pt	–	–
Kotak Nifty 50 Index Fund	Jun '21–Feb '26 · 4.6y	+11.75%	+12.55%	−0.81 pt	–	–
Kotak Multi Cap Fund	Oct '21–now · 5.0y	+15.67%	+11.99%	+3.68 pt	–	–
Kotak Nifty Alpha 50 ETF	Dec '21–Feb '26 · 4.1y	+6.98%	+10.58%	−3.59 pt	–	–
Kotak Nifty Midcap 50 ETF	Feb '22–Feb '26 · 4.0y	+18.73%	+10.37%	+8.37 pt	–	–
Kotak Nifty 100 Low Volatility 30 ETF	Mar '22–Feb '26 · 3.8y	+14.31%	+11.06%	+3.25 pt	–	–
Kotak Nifty India Consumption ETF	Aug '22–Feb '26 · 3.5y	+12.36%	+11.86%	+0.49 pt	–	–
Kotak Nifty MNC ETF	Aug '22–Feb '26 · 3.5y	+13.96%	+11.41%	+2.54 pt	–	–
Kotak Nifty Smallcap 50 Index Fund	Apr '23–Feb '26 · 2.8y	+25.31%	+13.80%	+11.50 pt	–	–
Kotak Nifty 200 Momentum 30 Index Fund	Jun '23–Feb '26 · 2.6y	+14.58%	+12.88%	+1.71 pt	–	–
Kotak Nifty Financial Services Ex Bank Index Fund	Aug '23–Feb '26 · 2.5y	+21.59%	+12.29%	+9.30 pt	–	–
Kotak BSE Housing Index Fund	Sep '23–Feb '26 · 2.4y	+8.24%	+11.20%	−2.96 pt	–	–
Kotak Multi Asset Allocation Fund	Oct '23–now · 3.0y	+17.03%	+14.01%	+3.02 pt	–	–
Kotak Consumption Fund	Nov '23–now · 2.9y	+12.19%	+12.11%	+0.08 pt	–	–
Kotak Nifty 100 Low Volatility 30 Index Fund	Jun '24–Feb '26 · 1.6y	+5.71%	+6.54%	−0.83 pt	–	–
Kotak Special Opportunities Fund	Jul '24–now · 2.3y	+6.29%	+1.09%	+5.20 pt	–	–
Kotak BSE PSU Index Fund	Aug '24–Feb '26 · 1.5y	+2.20%	+4.48%	−2.27 pt	–	–
Kotak Nifty Midcap 50 Index Fund	Aug '24–Feb '26 · 1.4y	+0.89%	+2.32%	−1.43 pt	–	–
Kotak CRISIL IBX AAA Financial Services Index Sep 2027 Fund	Sep '24–Sep '25 · 0.9y	+8.62%	−4.13%	+12.74 pt	–	–
Kotak Nifty India Tourism Index Fund	Sep '24–Feb '26 · 1.3y	−11.22%	−0.61%	−10.61 pt	–	–
Kotak Nifty Midcap 150 Momentum 50 Index Fund	Oct '24–Feb '26 · 1.3y	−7.68%	+1.91%	−9.59 pt	–	–
Kotak Nifty 100 Equal Weight Index Fund	Dec '24–Feb '26 · 1.1y	+5.76%	+7.08%	−1.32 pt	–	–
Kotak Nifty 50 Equal Weight Index Fund	Dec '24–Feb '26 · 1.1y	+10.49%	+7.07%	+3.43 pt	–	–
Kotak Nifty Smallcap 250 Index Fund	Jan '25–Feb '26 · 1.0y	+1.24%	+7.85%	−6.61 pt	–	–
Kotak BSE Sensex Index Fund	Feb '25–Feb '26 · 0.9y	+9.72%	+7.74%	+1.97 pt	–	–
Kotak MSCI India ETF	Feb '25–Feb '26 · 0.9y	+11.77%	+11.18%	+0.59 pt	–	–
Kotak Nifty 100 Equal Weight ETF	Feb '25–Feb '26 · 0.9y	+16.50%	+13.70%	+2.80 pt	–	–
Kotak Nifty Commodities Index Fund	Mar '25–Feb '26 · 0.9y	+17.77%	+9.83%	+7.94 pt	–	–
Kotak Nifty Midcap 150 Index Fund	Mar '25–Feb '26 · 0.8y	+11.03%	+7.15%	+3.88 pt	–	–
Kotak Nifty Midcap 150 ETF	Mar '25–Feb '26 · 0.8y	+11.38%	+6.63%	+4.75 pt	–	–
Kotak Nifty Top 10 Equal Weight Index Fund	May '25–Feb '26 · 0.8y	+0.55%	+4.79%	−4.25 pt	–	–
Kotak Nifty200 Quality 30 ETF	Jul '25–Feb '26 · 0.5y	−0.84%	−0.65%	−0.19 pt	–	–
Kotak Nifty 200 Quality 30 Index Fund	Jul '25–Feb '26 · 0.5y	+1.65%	+1.76%	−0.11 pt	–	–
Kotak Nifty Alpha 50 Index Fund	Aug '25–Feb '26 · 0.4y	−5.49%	+2.27%	−7.76 pt	–	–
Kotak Nifty 200 Momentum 30 ETF	Oct '25–Mar '26 · 0.4y	−1.25%	−0.11%	−1.14 pt	–	–
Kotak Nifty Chemicals ETF	Nov '25–Feb '26 · 0.2y	−6.85%	−4.12%	−2.73 pt	–	–
Kotak Nifty500 Momentum 50 Index Fund	Dec '25–Feb '26 · 0.1y	−3.56%	−0.09%	−3.47 pt	–	–
Kotak Nifty200 Value 30 Index Fund	Feb '26–now · 0.7y	−12.18%	−2.83%	−9.35 pt	–	–
Kotak Multi Asset Active FoF	Apr '26–now · 0.5y	−1.31%	−0.78%	−0.53 pt	–	–
Kotak Diversified Equity All Cap Omni FoF	Aug '26–now · 0.1y	−5.88%	−6.69%	+0.81 pt	–	–
Kotak Multi Sector Omni FoF	Oct '26–now · 0.0y	+0.15%	−0.02%	+0.17 pt	–	–

Fig. 1.Each scheme Devender Singhal ran, against its peers and benchmark over the same months. Source: AMFI.

Works with^{(4 now)}

Abhishek BisenMulti Cap Fund · Multi Asset Allocation Fund · Equity Savings Fund · Multi Asset Omni FoF · Special Opportunities Fund · Consumption Fund · Nifty200 Value 30 Index Fund · Diversified Equity All Cap Omni FoF · Multi Asset Active FoF · Multi Sector Omni FoF10 schemes
Hiten ShahMulti Asset Allocation Fund · Equity Savings Fund2 schemes
Jeetu Valechha SonarMulti Asset Allocation Fund1 scheme
Satish DondapatiNifty200 Value 30 Index Fund1 scheme