Mutual Fund

Here are the details of the Kotak Multicap Fund:

• Description: The Kotak Multicap Fund is an open-ended equity scheme that aims to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related securities across various market capitalizations, including large-cap, mid-cap, and small-cap companies. ​

• Asset Class: Equity​

• Asset Sub-Class: Multi Cap​

• XIRR (Extended Internal Rate of Return): Specific XIRR data is not provided in the available sources.​

• Return Rates:

  • 1-Year Return: Approximately 5.02%​

  • Since Inception (September 8, 2021): Approximately 18.46% annualized returns 

• CAGR (Compound Annual Growth Rate): Since the fund was launched in September 2021, the CAGR since inception is approximately 18.46%. ​

• Expense Ratio:

  • Regular Plan: 1.66% ​

  • Direct Plan: 0.38% ​

• Minimum Investment Amount:

  • Lump Sum: ₹100​

  • SIP (Systematic Investment Plan): ₹100 ​

• Lock-in Period: None​

• Exit Load:

  • For redemption of units in excess of 10% of the investment within 1 year from the date of allotment, an exit load of 1% is applicable.​

  • No exit load is charged for redemptions after 1 year. ​

Please note that mutual fund investments are subject to market risks, and past performance is not indicative of future results. It's advisable to consult with a financial advisor before making investment decisions.