Fundalysisby DARKHORSESTOCKS

Scheme

Kotak Multi Cap Fund

Holds 72 companies worth ₹29,882 Cr in Sept 2026.

  • Fund house

    KotakThe fund house that runs this scheme.

  • AUM

    ₹31,275 CrKotak Multi Cap Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 2.4% on Aug 2026, ₹30,529 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 5.7% of this scheme's NAV.

  • Fund manager

    Abhishek BisenRuns it since 29 Sept 2021, as the fund house dates it. With Devender Singhal (fund manager).

Overview(9 Oct 2026)

Fund managers2

  1. Abhishek BisenFund manager, debt · Sept 2021 · 23y · MBA
  2. Devender SinghalFund manager, equity · Sept 2021 · 25y · PGDM
  1. Arjun KhannaSept 2021 – Sept 2024

Key facts

Benchmark
NIFTY 500 Multicap 50:25:25 TRI
Risk
Very High
Expense
Regular 1.78% · Direct 0.69%
Exit load
10% within 1 year
Started
29 Sept 2021
Minimum
₹100

Source.Its Scheme Summary Document as of 9 Oct 2026 at AMFI.

What changed(16 changes)

Aug 2026

1 change
  1. Expense ratio
    30 AugRegular 1.79% → 1.83%Direct 0.68% → 0.72%

Jul 2026

1 change
  1. Expense ratio
    30 JulRegular 1.73% → 1.79%Direct 0.61% → 0.68%

Jun 2026

1 change
  1. Expense ratio
    29 JunRegular 1.62% → 1.73%Direct 0.47% → 0.61%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Sept 2021 – now)

  1. Abhishek Bisen
  2. Devender Singhal
  3. Arjun Khanna
MainCoSlice20222023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Oct 2026)

Every change to the expense ratio, newest first.
16 changesRegularDirectΔ pt
30 Aug 20261.83%0.72%0.04
30 Jul 20261.79%0.68%0.07
29 Jun 20261.73%0.61%0.14
30 May 20261.62%0.47%0.01
29 Apr 20261.60%0.48%0.01
30 Mar 20261.61%0.47%0.02
27 Feb 20261.60%0.45%0
30 Jan 20261.59%0.45%0
29 Nov 20251.60%0.45%0.02
31 Oct 20251.61%0.43%0.01
30 Sept 20251.61%0.42%0
31 Aug 20251.62%0.42%0
31 Jul 20251.63%0.42%0
30 Jun 20251.62%0.42%0.01
31 May 20251.63%0.43%0.05
31 Aug 20241.65%0.38%–
Direct plan, 30 Aug 2026
0.72%
Regular plan 1.83% · Exit load 10% within 1 year
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(9 Oct 2026)

Objective

The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities across market capitalizationThere is no assurance that the investment objective of the Scheme will be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open ended equity scheme investing across large cap, mid cap, small cap stocks
Benchmark
NIFTY 500 Multicap 50:25:25 TRI

Asset allocation it may hold% of NAV

  1. Investments in Equity & equity related Instruments
    Allowed75–100%Holds98.5%
  2. Debt & Money market instruments
    Allowed0–25%Holds1.5%
  3. Units of Gold/Silver ETF
    Allowed0–25%
  4. Units issued by InvITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.98.5% equity · 1.5% debt and cash

How to invest(9 Oct 2026)

Buying

To start
₹100, then any amount thereafter Rs. 100
To add
₹100, then any amount thereafter Rs. 100
Systematic
SIP - Daily, Weekly, Monthly, Quarterly, Half – Yearly and Annually SWP - Daily, Weekly, Monthly, Quarterly, Half – Yearly and Annually STP - Daily, Weekly, Monthly & Quarterly
Dates
SIP - Any date from 1st to 31st SWP - Any Date of Every Month STP - Any Business Day
Minimum
SIP - Rs.21 and in multiples of Re 0.01, SWP - Rs. 1000 STP - Rs. 1000, then sIP - Rs. 100/- and any amount thereafter,SWP - STP -
Instalments
SIP - N. A. SWP - 6 installmentsSTP - 6 installments

Selling and switching

To redeem
₹1,000 or 100 unit units
Minimum balance
₹1,000 or 100 units units

Scheme details(9 Oct 2026)

What it is

Category
Category as Per SEBI Categorization Circular Multi Cap Fund
Offer
8 Sept 2021 to 22 Sept 2021
Started
29 Sept 2021
Reopened
6 Oct 2021
Plans
Growth · Payout of Income Distribution cum capital withdrawal (IDCW) · Reinvestment of Income Distribution cum capital withdrawal (IDCW)
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
Enabled, No Segregrated Portfolio created
Custodian
Deutsche Bank A G, Mumbai
Auditor
S. R. Batliboi & Co. LLP
Registrar
Computer Age Management Services (‘CAMS’)
SEBI code
KOTM/O/E/MCF/21/07/0067