Nippon India Multi Asset Allocation Fund vs Kotak Multi Asset Allocation Fund
Updated June 2026 · both Multi Asset Allocation funds · metrics from AMFI NAVs
In short: Kotak Multi Asset Allocation Fund has the lower expense ratio (0.50%); Kotak Multi Asset Allocation Fund has the better risk-adjusted return (Sharpe 1.11). This is analysis from past data, not a recommendation.
| Metric | Nippon India Multi Asset Allocation Fund | Kotak Multi Asset Allocation Fund |
|---|---|---|
| 1Y return | +12.54% | +18.07% |
| 3Y CAGR | +19.96% | - |
| 5Y CAGR | +16.06% | - |
| Sharpe ratio | 1.06 | 1.11 |
| Max drawdown | -10.8% | -13.8% |
| Volatility | 9.2% | 11.9% |
| Alpha | +11.65% | +11.46% |
| Expense ratio (Direct) | 1.07% | 0.50% |
| AUM | ₹12.6K Cr | ₹12.1K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
Kotak Multi Asset Allocation Fund has the lower Direct-plan expense ratio (0.50%), versus 1.07% for the other. Over long horizons a lower TER compounds into a meaningful difference.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.