NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹225.67
0.21%
NAV as on 17 Dec 24, 12:00 AM
very high risk
fund of funds
fof
NAV as on 17 Dec 24, 12:00 AM
very high risk
fund of funds
fof
20.74%p.a.
Last 1Y
18.07%p.a.
Last 3Y
20.74%p.a.
Last 5Y
16.49%p.a.
Since Inception
About Kotak Multi Asset Allocator Fund of Fund - Dynamic Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Kotak Multi Asset Allocator Fund of Fund - Dynamic Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Fund of Funds mutual fund scheme that predominantly invests in Fund of Funds stocks of companies. Launched on Aug 2004, Kotak Multi Asset Allocator Fund of Fund - Dynamic Growth is Fund of Funds fund of its category with 1,614.52 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.
- Kotak Multi Asset Allocator Fund of Fund - Dynamic Growth delivered 20.7% annual returns during the last year. It has delivered 16.5% average annual returns since the fund was launched.
- Kotak Multi Asset Allocator Fund of Fund - Dynamic Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in fof
Fund Objective
To generate long term capital appreciation from a portfolio created by investing in units of Kotak Mahindra Mutual Fund schemes & ETFs / Index schemes (Domestic & Offshore Funds including Gold ETFs scheme).
Top 10 Holdings
Kotak Gold ETF
14.41%
Kotak Gilt-Investment Growth - Direct
12.49%
Kotak Bond Dir Gr
10.81%
Kotak Consumption Dir Gr
9.72%
Kotak Nifty PSU Bank ETF
9.21%
Kotak Infra & Econ Reform Dir Gr
9.02%
Kotak Quant Dir Gr
6.52%
iShares NASDAQ 100 ETF USD Acc
6.45%
Kotak Manufacture in India Dir Gr
4.87%
Kotak India EQ Contra Dir Gr
4.81%
Fund Managers
- Abhishek Bisen (Nov 2021 - Present)
- Devender Singhal (May 2019 - Present)
Key Information
View Scheme Document
Kotak Multi Asset Allocator Fund of Fund - Dynamic Growth SIP Calculator
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NRI Mutual Fund Tax on Kotak Multi Asset Allocator Fund of Fund - Dynamic Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Kotak Multi Asset Allocator Fund of Fund - Dynamic Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Kotak Multi Asset Allocator Fund of Fund - Dynamic Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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