Kotak Mahindra Mutual Fund has outlined six mutual fund schemes for investors looking to invest during the Diwali period and the beginning of Samvat 2083. The fund house has divided its recommendations into three categories: diversified, thematic and conservative.
The diversified category includes Kotak Focused Fund, Kotak Multi Asset Allocation Fund and Kotak Multi Cap Fund. For thematic exposure, the fund house has identified Kotak Manufacture in India Fund and Kotak Banking & Financial Services Fund. Kotak Equity Savings Fund is its pick for conservative investors.
Kotak Focused Fund
Kotak Focused Fund has delivered a return of 13.8% since its inception on July 16, 2019.
The open-ended equity scheme invests in a maximum of 30 stocks across large-cap, mid-cap and small-cap categories. It is one of the three diversified options identified by the fund house for Samvat 2083.
Kotak Multi Asset Allocation Fund
Kotak Multi Asset Allocation Fund has generated a return of 13.7% since its inception on September 22, 2023.
The open-ended scheme invests across equity, debt and money market instruments, commodity exchange-traded funds (ETFs) and exchange-traded commodity derivatives.
Kotak Multi Cap Fund
Kotak Multi Cap Fund has delivered a return of 13.4% since its inception on September 29, 2021.
The open-ended equity scheme invests across large-cap, mid-cap and small-cap stocks. It is the third diversified option in the list.
Kotak Manufacture in India Fund
Kotak Manufacture in India Fund has been in operation since its inception on February 22, 2022.
The open-ended equity scheme follows the manufacturing theme. It is one of the two thematic options identified by the fund house for the coming year.
Kotak Banking & Financial Services Fund
Kotak Banking & Financial Services Fund has delivered a return of 11.7% since its inception on February 27, 2023.
The open-ended equity scheme invests in the banking and financial services sectors. It is the second thematic pick on the list.
Kotak Equity Savings Fund
Kotak Equity Savings Fund has generated a return of 8.6% since its inception on October 13, 2014.
The open-ended scheme invests in equity, arbitrage and debt. The fund house has identified it for investors looking for a relatively conservative option.
Note: Returns are annualised, for the regular plan growth option, as of October 31, 2026. Past performance may or may not be sustained in the future.
Kotak Mutual Fund’s market outlook
The fund house’s outlook takes into account global uncertainties, including the West Asia conflict, crude oil price volatility and a hawkish turn among global central banks.
However, it believes India remains resilient to market shocks. The fund house cites a FY27 gross domestic product (GDP) growth forecast of 7.1% and describes India as the fastest-growing economy.
It also said high-frequency data suggest a broad-based recovery. It expects domestic demand to continue driving corporate earnings growth and noted that India is becoming less vulnerable to oil shocks.
Kotak Mutual Fund’s investment strategy
The fund house has outlined four broad principles for the coming year.
First, it recommends following asset allocation to navigate volatile markets.
Second, it advises investors to consider quality over momentum.
Third, it expects moderate returns from the market. The fund house clarified that this expectation applies to the market and not to mutual fund schemes.
Fourth, it recommends investing with a long-term horizon.