MonitorDirect · GrowthWatch before adding
Kotak Multi Cap Fund
Kotak Mahindra Mutual FundEquity Schemes - Multi Cap Fund5.1 years
The scheme seeks to generate long-term capital appreciation from a portfolio of equity and equity related securities across market capitalization.
- NAV
- 20.514
- 29 Oct 2026
- 1Y
- -4.1%
- Trailing CAGR
- AUM
- ₹30,335.28 Cr
- 30 Sept 2026
- Volatility
- Medium
- 15.5% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 97% of rolling 3-year windows.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Prefer peers if · Prefer HSBC Multi Cap Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
5.1 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.69% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -21.0%. Ask whether you can hold through a similar fall.
Vs category
Pass
97% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Abhishek Bisen · 5.1 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 35.2% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 21%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-4.1%
- 3Y+15.8%
- 5Y+15.7%
- 10Yn/a
- SI+15.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-3.1%
- 3Y+5.4%
- 5Y+14.5%
- 10Yn/a
- Since inception
- +15.2%
- Calendar-day CAGR
- Excess 1Y
- -0.4%
- Category median, same plan and option
- 3Y win rate
- +97%
- Windows beating the median
- 3Y percentile
- 56
- Vs comparable share classes
- SIP 3Y XIRR
- +5.4%
- Simulated monthly SIP
- Worst rolling 3Y
- +14.4%
- 510 daily-ending windows
- Median rolling 3Y
- +24.3%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 17 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -21.0%
- Worst peak-to-trough
- Current
- -6.6%
- Below last peak
- Current spell
- 83 days
- Days below latest peak
- Time below peak
- +86%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 12 days
- 65 recovered episodes
- Longest recovery
- 231 days
- Trough to prior peak
27 Sept 2024 – 20 Oct 2025
Trough 3 Mar 2025 · recovered in 231 days
-21.0%
9 Nov 2021 – 16 Aug 2022
Trough 20 Jun 2022 · recovered in 57 days
-16.8%
5 Jan 2026 – 6 Jul 2026
Trough 30 Mar 2026 · recovered in 98 days
-13.9%
14 Dec 2022 – 26 May 2023
Trough 28 Mar 2023 · recovered in 59 days
-9.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
56
Vs category
48
Consistency
90
Risk-adjusted
57
Drawdown
48
Mean
59
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Supporting reads
- The fund beat the category median in 97% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 75 holdings · top 10 are 35.2%.
- Top 5
- 20.1%
- Top 10
- 35.2%
- Largest holding
- 5.7%
- Effective holdings
- 45.7
HDFC Bank Ltd
Financial
5.7%
Maruti Suzuki India Ltd
Consumer Discretionary
4.1%
State Bank of India
Financial
3.5%
Oracle Financial Services Software Ltd
Technology
3.5%
INDO-MIM Ltd.
Industrials
3.3%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
18 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
17 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
15 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
HSBC Multi Cap Fund
HSBC Mutual Fund
- 1Y
- +0.7%
- 3Y
- +16.7%
- Vol
- 15.2%
- Max DD
- -20.1%
- Sharpe
- 0.94
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
WhiteOak Capital Multi Cap Fund
WhiteOak Capital Mutual Fund
- 1Y
- +0.1%
- 3Y
- +17.8%
- Vol
- 14.5%
- Max DD
- -16.9%
- Sharpe
- 0.76
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Axis Multicap Fund
Axis Mutual Fund
- 1Y
- +4.0%
- 3Y
- +18.9%
- Vol
- 14.0%
- Max DD
- -18.1%
- Sharpe
- 0.70
- 3Y win
- +96%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER
Canara Robeco Multi Cap Fund
Canara Robeco Mutual Fund
- 1Y
- -4.5%
- 3Y
- +13.4%
- Vol
- 13.9%
- Max DD
- -18.3%
- Sharpe
- 0.53
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Groww Multicap Fund
Groww Mutual Fund
- 1Y
- +10.8%
- 3Y
- n/a
- Vol
- 15.6%
- Max DD
- -16.5%
- Sharpe
- 0.34
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Higher TER · Lower trailing returns