Kotak Multi Asset Allocation Fund vs The Wealth Company Multi Asset Allocation Fund
Direct Plan, Growth option · Data as on 29-10-2026
Kotak Multi Asset Allocation Fund and The Wealth Company Multi Asset Allocation Fund are both Multi Asset funds. Kotak Multi Asset Allocation Fund charges 0.63% a year and The Wealth Company Multi Asset Allocation Fund 1.23% (Direct plans). Their portfolios overlap 5.9%: they hold 7 of the same securities.
Kotak Multi Asset Allocation Fund
Multi Asset
- Expense ratio
- 0.63%
- NAV
- ₹15.65
The Wealth Company Multi Asset Allocation Fund
Multi Asset
- Expense ratio
- 1.23%
- NAV
- ₹10.41
Which is better, Kotak Multi Asset Allocation or The Wealth Company Multi Asset Allocation? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Multi Asset Allocation costs less: 0.63% a year against 1.23% (Direct plans).
- The Wealth Company Multi Asset Allocation fell less in its worst fall since 12-12-2025: −11.0% against −13.8%.
- Kotak Multi Asset Allocation holds more in large companies: 36.0% of the fund in large caps against 16.4%.
- Kotak Multi Asset Allocation is the larger fund: ₹15,236 Cr against ₹212 Cr.
- Their portfolios overlap 5.9%: 7 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 Allocation Fund | The Wealth Company Multi Asset Allocation Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | The Wealth Company Mutual Fund |
| Category | Multi Asset | Multi Asset |
| AUM | ₹15,236 Cr (30-09-2026) | ₹212 Cr (30-09-2026) |
| NAV | ₹15.65 (Direct) | ₹10.41 (Direct) |
| Expense ratio (Direct) | 0.63% | 1.23% |
| Expense ratio (Regular) | 1.76% | 2.84% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 500 TRI 65% + NIFTY Short Duration Debt Index 25% + Domestic Price of Gold 5% + Domestic Price of Silver 5% | 40% NIFTY 200 TRI + 45% NIFTY Short Duration Debt Index + 10% Domestic Prices of Gold + 5% Domestic Prices of Silver |
| Launch date | 22-09-2023 | 09-12-2025 |
| Minimum investment | ₹100 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Devender Singhal, Abhishek Bisen, Hiten Shah, Jeetu Valechha Sonar | Aparna Shanker, Umesh Sharma, Niranjan Das |
| Exit load | Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 1 year. | 1% - If redeemed/switched out within 30 days from the date of allotment. Nil - if redeemed/switched out after 30 days from the date of allotment |
Kotak Multi Asset Allocation vs The Wealth Company Multi Asset Allocation: 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 Allocation Fund (Direct) | −3.51% | −4.32% | −4.66% | +4.34% | +16.23% | -- | -- |
| The Wealth Company Multi Asset Allocation Fund (Direct) | −3.15% | −3.00% | −1.43% | -- | -- | -- | -- |
| Multi Asset average | −1.71% | −3.33% | −1.78% | -- | -- | -- | -- |
Category average: the average of the 37 Multi Asset funds, same plan type.
Kotak Multi Asset Allocation vs The Wealth Company Multi Asset Allocation: Year-wise Returns
| Year | KotakKotak Multi Asset Allocation | The Wealth CompanyThe Wealth Company Multi Asset Allocation |
|---|---|---|
| 2026to date | −2.85% | +2.74% |
| 2025 | +24.37% | -- |
| 2024 | +17.87% | -- |
Kotak Multi Asset Allocation vs The Wealth Company Multi Asset Allocation: Rolling Returns
Every holding period of both funds
Kotak Multi Asset Allocation vs The Wealth Company Multi Asset Allocation: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Multi Asset Allocation Fund (Direct) | The Wealth Company Multi Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.57% | +4.07% |
| Standard deviation | 12.12% | 13.24% |
| Sharpe ratio | 0.79 | -0.09 |
| Sortino ratio | 1.05 | -0.12 |
| Maximum drawdown | −13.8% (23-03-2026) | −11.0% (23-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-10-2023 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 Allocation Fund (Direct)
The Wealth Company Multi Asset Allocation Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Multi Asset Allocation Fund (Direct) | −13.8% | 29-01-2026 | 23-03-2026 | Not yet | -- | −9.9% |
| The Wealth Company Multi Asset Allocation Fund (Direct) | −11.0% | 29-01-2026 | 23-03-2026 | 06-08-2026 | 4 months | −6.6% |
From daily values since 12-12-2025, the first day every fund has.
Kotak Multi Asset Allocation vs The Wealth Company Multi Asset Allocation: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Multi Asset Allocation Fund, September 2026; The Wealth Company Multi Asset Allocation Fund, September 2026
Holdings in common
- Overlap
- 5.9%
- Held by both
- 7
- Only in Kotak Multi Asset Allocation
- 91
- Only in The Wealth Company Multi Asset Allocation
- 64
| Security | % of Kotak Multi Asset Allocation | % of The Wealth Company Multi Asset Allocation |
|---|---|---|
| HDFC BANK LTD. | 2.39% | 1.74% |
| ICICI BANK LTD. | 1.36% | 2.31% |
| STATE BANK OF INDIA. | 3.27% | 0.95% |
| TML COMMERCIAL VEHICLES LIMITED | 0.88% | 1.05% |
| HERO MOTORS LIMITED | 0.63% | 1.72% |
| EMBASSY OFFICE PARKS REIT | 0.36% | 0.66% |
| RENTOMOJO LIMITED | 0.01% | 1.11% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 5.9% means 5.9% 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 Allocation Fund
| Security | % of fund |
|---|---|
| KOTAK MUTUAL FUND - KOTAK SILVER ETF | 7.90% |
| KOTAK MUTUAL FUND - KOTAK GOLD ETF | 5.74% |
| INDO-MIM LTD | 2.91% |
| ITC Ltd. | 2.54% |
| NTPC LTD | 2.51% |
Largest holdings only in The Wealth Company Multi Asset Allocation Fund
| Security | % of fund |
|---|---|
| The Wealth Company Gold ETF Growth | 5.83% |
| 7.64% NABARD 06-DEC-2029 | 3.75% |
| 7.04% SIDBI 09-FEB-2029 | 3.71% |
| 7.68% NABARD 30-APR-2029 | 1.88% |
| 7.3% REC Limited 31-MAY-2028 | 1.88% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Multi Asset Allocation | The Wealth Company Multi Asset Allocation |
|---|---|---|
| Equity | 70.7% | 58.3% |
| Debt | 10.6% | 15.4% |
| Cash and others | 18.7% | 26.3% |
Market cap of stocks
| Market cap | Kotak Multi Asset Allocation | The Wealth Company Multi Asset Allocation |
|---|---|---|
| Large Cap | 36.0% | 16.4% |
| Mid Cap | 16.0% | 22.3% |
| Small Cap | 14.5% | 14.6% |
| Not on AMFI's list | 4.1% | 4.9% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Kotak Multi Asset Allocation | The Wealth Company Multi Asset Allocation |
|---|---|---|
| Banks | 11.4% | 6.2% |
| Finance | 5.6% | 2.6% |
| Pharmaceuticals & Biotechnology | 0.0% | 5.5% |
| Power | 4.9% | 1.1% |
| Automobiles | 4.6% | 1.3% |
| Diversified FMCG | 4.5% | 0.0% |
| Industrial Manufacturing | 4.1% | 2.1% |
| Capital Markets | 0.8% | 4.0% |
| Auto Components | 1.6% | 4.0% |
| Electrical Equipment | 3.1% | 3.8% |
| Leisure Services | 0.6% | 2.9% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Multi Asset Allocation vs The Wealth Company Multi Asset Allocation: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Multi Asset Allocation Fund | The Wealth Company Multi Asset Allocation Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.63% | 1.23% |
| Base expense ratio (Direct) | 0.44% | 0.35% |
| Total expense ratio (Regular) | 1.76% | 2.84% |
| Base expense ratio (Regular) | 1.40% | 1.81% |
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.
More comparisons
Each fund against the others of its category
Compare Kotak Multi Asset Allocation with
Compare The Wealth Company Multi Asset Allocation with
- The Wealth Company Multi Asset Allocation vs Quant Multi Asset Allocation
- The Wealth Company Multi Asset Allocation vs Nippon India Multi Asset Allocation
- The Wealth Company Multi Asset Allocation vs DSP Multi Asset Allocation
- The Wealth Company Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation
Kotak Multi Asset Allocation Fund vs The Wealth Company Multi Asset Allocation Fund: Frequently Asked Questions
What is the difference between Kotak Multi Asset Allocation Fund and The Wealth Company Multi Asset Allocation Fund?
Both are Multi Asset funds, run by Kotak Mahindra Mutual Fund and The Wealth Company Mutual Fund. Their portfolios overlap 5.9%. Kotak Multi Asset Allocation Fund charges 0.63% a year and The Wealth Company Multi Asset Allocation Fund 1.23%.
Which has the lower expense ratio, Kotak Multi Asset Allocation Fund or The Wealth Company Multi Asset Allocation Fund?
Kotak Multi Asset Allocation Fund charges less: 0.63% a year against 1.23%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Multi Asset Allocation Fund and The Wealth Company Multi Asset Allocation Fund overlap?
5.9%. They hold 7 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Kotak Multi Asset Allocation Fund or The Wealth Company Multi Asset Allocation Fund?
On SEBI's riskometer, Kotak Multi Asset Allocation Fund is rated Very High and The Wealth Company Multi Asset Allocation Fund Very High. Over their common history, the standard deviation of daily returns was 12.12% and 13.24% a year.
Can I invest in both Kotak Multi Asset Allocation Fund and The Wealth Company Multi Asset Allocation Fund?
Yes. 5.9% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages Kotak Multi Asset Allocation Fund and The Wealth Company Multi Asset Allocation Fund?
Kotak Multi Asset Allocation Fund: Devender Singhal, Abhishek Bisen, Hiten Shah, Jeetu Valechha Sonar. The Wealth Company Multi Asset Allocation Fund: Aparna Shanker, Umesh Sharma, Niranjan Das.
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.