NFO Alert: Kotak Mutual Fund Launches Multi Asset Active FoF

Kotak Mutual Fund has introduced the Kotak Multi Asset Active FoF, an open-ended fund of fund in the hybrid multi-asset category.  

The scheme invests in units of existing equity, debt, and commodity-based mutual fund schemes. It does not invest directly in stocks or bonds. 

The New Fund Offer (NFO) opened on 8 April 2026 and will close on 22 April 2026. The minimum investment during the NFO is ₹1,000. For SIPs, the minimum instalment is ₹500, with at least 2 instalments required. 

Investment Objective 

The scheme is to generate long-term capital appreciation by allocating investments across equity-oriented schemes, debt-oriented schemes, and commodity-based schemes. The portfolio is constructed using actively managed funds across these asset classes. 

There is no assurance that the stated objective will be achieved. Returns will depend on the performance of the underlying schemes and market conditions. 

Asset Allocation Approach 

The fund follows a flexible allocation model across asset classes. Equity exposure may range between 10% and 80%, based on market capitalisation and sector trends. 

Debt allocation is expected to be between 10% and 60%, influenced by interest rate movements and duration strategy.  

Commodity exposure, largely through gold and silver ETFs, may range from 10% to 30%, depending on price outlook. 

Benchmark and Risk 

The scheme is benchmarked against a composite index comprising 55% Nifty 50 TRI, 30% Nifty Short Duration Debt Index, and 7.5% each in domestic gold and silver prices. This reflects the mix of asset classes in the portfolio. 

The scheme is categorised as high risk. Market volatility across equity, debt and commodities may affect returns. 

Exit Load and Fund Management 

An exit load of 1% will apply if units are redeemed within 6 months from the date of allotment. Up to 8% of units can be redeemed without exit load within this period. 

The scheme will be managed by Devender Singhal for equity allocations and Abhishek Bisen for debt and commodity investments. 

Read More: SBI Mutual Fund Picks 6.6% Stake in Newly Listed Powerica After IPO! 

Conclusion 

The fund combines multiple asset classes within a single structure, with allocations adjusted within defined limits over time. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.