Kotak Multi Asset Active FOF vs Nippon India Multi - Asset Omni FoF
Direct Plan, Growth option · Data as on 29-10-2026
Kotak Multi Asset Active FOF is a Fund of Funds fund and Nippon India Multi - Asset Omni FoF is a mutual fund. Kotak Multi Asset Active FOF charges 0.34% a year and Nippon India Multi - Asset Omni FoF 0.17% (Direct plans). Their portfolios overlap 17.3%: they hold 3 of the same securities.
Nippon India Multi - Asset Omni FoF
- Expense ratio
- 0.17%
- NAV
- ₹23.65
Which is better, Kotak Multi Asset Active FOF or Nippon India Multi - Asset Omni FoF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Multi - Asset Omni FoF costs less: 0.17% a year against 0.34% (Direct plans).
- Nippon India Multi - Asset Omni FoF fell less in its worst fall since 30-04-2026: −8.9% against −9.3%.
- Nippon India Multi - Asset Omni FoF is the larger fund: ₹3,012 Cr against ₹79 Cr.
- Their portfolios overlap 17.3%: 3 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Kotak Multi Asset Active FOF | Nippon India Multi - Asset Omni FoF |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Nippon India Mutual Fund |
| Category | Fund of Funds | Not available |
| AUM | ₹79 Cr (30-09-2026) | ₹3,012 Cr (30-09-2026) |
| NAV | ₹9.65 (Direct) | ₹23.65 (Direct) |
| Expense ratio (Direct) | 0.34% | 0.17% |
| Expense ratio (Regular) | 1.08% | 1.15% |
| Riskometer | Very High | Not available |
| Benchmark | 55% Nifty 50 TRI + 30 % Nifty Short Duration Debt Index + 7.5% Domestic Price of Gold + 7.5% Domestic Price of Silver | Not available |
| Launch date | 27-04-2026 | Not available |
| Minimum investment | Rs. 1000/- and any amount thereafter | Not available |
| Lock in | None | Not available |
| Fund managers | Devender Singhal, Abhishek Bisen | Not available |
| Exit load | Exit Load for units in excess of 8% of the investment,1% will be charged for redemption within 6 months. | Not available |
Kotak Multi Asset Active FOF vs Nippon India Multi - Asset Omni FoF: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Kotak Multi Asset Active FOF (Direct) | −2.87% | −4.80% | -- | -- | -- | -- | -- |
| Nippon India Multi - Asset Omni FoF (Direct) | −3.15% | −4.63% | −2.90% | +0.32% | +14.33% | +14.00% | -- |
Kotak Multi Asset Active FOF vs Nippon India Multi - Asset Omni FoF: Year-wise Returns
| Year | Kotak Multi Asset ActiveKotak Multi Asset Active FOF | Nippon India Multi - Asset OmniNippon India Multi - Asset Omni FoF |
|---|---|---|
| 2026to date | -- | −0.75% |
| 2025 | -- | +15.39% |
| 2024 | -- | +18.92% |
| 2023 | -- | +30.14% |
| 2022 | -- | +7.92% |
Kotak Multi Asset Active FOF vs Nippon India Multi - Asset Omni FoF: Rolling Returns
Every holding period of both funds
Kotak Multi Asset Active FOF vs Nippon India Multi - Asset Omni FoF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Multi Asset Active FOF (Direct) | Nippon India Multi - Asset Omni FoF (Direct) |
|---|---|---|
| Return (CAGR) | −7.07% | +15.90% |
| Standard deviation | 9.67% | 9.46% |
| Sharpe ratio | -1.27 | 1.10 |
| Sortino ratio | -1.63 | 1.49 |
| Maximum drawdown | −9.3% (23-10-2026) | −11.6% (23-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-04-2026 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Kotak Multi Asset Active FOF (Direct)
Nippon India Multi - Asset Omni FoF (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Multi Asset Active FOF (Direct) | −9.3% | 26-08-2026 | 23-10-2026 | Not yet | -- | −7.7% |
| Nippon India Multi - Asset Omni FoF (Direct) | −8.9% | 25-08-2026 | 23-10-2026 | Not yet | -- | −8.0% |
From daily values since 30-04-2026, the first day every fund has.
Kotak Multi Asset Active FOF vs Nippon India Multi - Asset Omni FoF: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Multi Asset Active FOF, September 2026; Nippon India Multi - Asset Omni FoF, September 2026
Holdings in common
- Overlap
- 17.3%
- Held by both
- 3
- Only in Kotak Multi Asset Active FOF
- 8
- Only in Nippon India Multi - Asset Omni FoF
- 5
| Security | % of Kotak Multi Asset Active FOF | % of Nippon India Multi - Asset Omni FoF |
|---|---|---|
| NIPPON INDIA ETF GOLD BEES | 7.31% | 16.60% |
| Nippon India Large Cap Fund - Direct Plan Growth | 5.39% | 22.72% |
| NIPPON INDIA SILVER ETF | 9.01% | 4.60% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 17.3% means 17.3% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Kotak Multi Asset Active FOF
| Security | % of fund |
|---|---|
| Kotak Large & Midcap Fund Direct Growth | 13.09% |
| Kotak Small Cap Fund Direct Growth | 12.05% |
| Kotak Midcap Fund Direct Growth | 9.42% |
| ICICI Prudential Ultra Short term fund | 9.14% |
| KOTAK FOCUSED FUND DIRECT GROWTH | 8.75% |
Largest holdings only in Nippon India Multi - Asset Omni FoF
| Security | % of fund |
|---|---|
| Nippon India Growth Mid Cap Fd-Dir Pl-Gr Pl-GrOpt | 20.60% |
| Nippon India Nifty Smallcap 250 Ind FundDi Pl-GrOp | 15.46% |
| Nippon India Short Term Fd-Dir Pl Gr Pl-Gr Opt | 10.03% |
| Nippon India Gilt Sec Fund Dir Pl Growth Pl Gr Op | 7.40% |
| Nippon India Small Cap Fund - Direct Plan Gr Pl | 0.78% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Multi Asset Active FOF | Nippon India Multi - Asset Omni FoF |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 100.0% | 100.0% |
Kotak Multi Asset Active FOF vs Nippon India Multi - Asset Omni FoF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Multi Asset Active FOF | Nippon India Multi - Asset Omni FoF |
|---|---|---|
| Total expense ratio (Direct) | 0.34% | 0.17% |
| Base expense ratio (Direct) | 0.27% | 0.14% |
| Total expense ratio (Regular) | 1.08% | 1.15% |
| Base expense ratio (Regular) | 0.90% | 0.97% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Kotak Multi Asset Active FOF vs Nippon India Multi - Asset Omni FoF: Frequently Asked Questions
What is the difference between Kotak Multi Asset Active FOF and Nippon India Multi - Asset Omni FoF?
Kotak Multi Asset Active FOF is a Fund of Funds fund, Nippon India Multi - Asset Omni FoF is a mutual fund, run by Kotak Mahindra Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 17.3%. Kotak Multi Asset Active FOF charges 0.34% a year and Nippon India Multi - Asset Omni FoF 0.17%.
Which has the lower expense ratio, Kotak Multi Asset Active FOF or Nippon India Multi - Asset Omni FoF?
Nippon India Multi - Asset Omni FoF charges less: 0.17% a year against 0.34%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Multi Asset Active FOF and Nippon India Multi - Asset Omni FoF overlap?
17.3%. They hold 3 of the same securities, the largest shared ones being GOLDBEES, Nippon India Large Cap Fund - Direct Plan Growth, SILVERBEES. From each fund's latest monthly portfolio.
Can I invest in both Kotak Multi Asset Active FOF and Nippon India Multi - Asset Omni FoF?
Yes. 17.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.