About Kotak Asset Allocator Fund Direct - Growth
Kotak Asset Allocator Fund Direct - Growth is a Balanced
mutual fund scheme from Kotak Mahindra Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Devender Singhal
and Arjun Khanna
. It has an AUM of ₹45.26 Crores and the latest NAV decalared is ₹92.137 as on 24 Jan 2020 at 10:15 pm.
Kotak Asset Allocator Fund Direct - Growth scheme return performance in last 1 year is 12.78%, in last 3 years is 33.49% and 135.43% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
About Fund Category
Conservative Hybrid Funds invest between 75% and 90% of their total assets in debt securities and the remaining in equity and equity related instruments. Investors who have a moderately high risk appetite and who want equity exposure may consider these funds to earn higher returns than pure debt funds.