Kotak Asset Allocator Fund - Direct Growth

About Kotak Asset Allocator Fund

Kotak Asset Allocator Fund, an open-ended scheme, aims to generate long-term capital appreciation by investing in specified equity and debt instruments of Kotak Mahindra Mutual Fund.

Pros and Cons of Kotak Asset Allocator Fund

The one-year, three-year, and five-year returns from the fund have been higher than the category average returns over the recent past. However, the risk-adjusted returns are lower than the other funds in the category. Also, an exit load is applicable subject to certain conditions.

Fund Information and Statistics

i) Inception/Launch Date

Kotak Asset Allocator Fund was launched on 9 August 2004.

ii) Risk Level

The fund includes a moderately high risk profile since it invests in diversified equity schemes and debt schemes.

iii) Redemption

Though there is no lock-in period for the amount investment, you may have to pay an exit load if you redeem within a year from the date of allotment.

iv) Fund Manager

The current Fund Managers for Kotak Asset Allocator Fund are Mr Devender Singhal and Mr Arjun Khanna.

v) Entry/Exit Load

No entry load is applicable when you purchase mutual fund units. On the other hand, an exit load of 1% is charged if you redeem/switch out fund units within one year from the date of allotment. Redeeming/switching out after completing one year will not attract any exit load.

About Kotak Mahindra Mutual Fund

Kotak Mahindra Mutual Fund, one of the renowned mutual fund houses, was set up on 23 June 1998. The trustee company of the fund house is Kotak Mahindra Trustee Co. Limited and the sponsor is Kotak Mahindra Bank Limited. The fund house offers about 94 different types of folios to the customers as on 30 June 2020.