Compare Mutual Funds

Insights from Fund Comparison

• Both Kotak Multicap Fund - Direct (G) and Mirae Asset Multicap Fund - Direct (IDCW) are Multi Cap Fund, Equity schemes. Kotak Multicap Fund - Direct (G) is 4 yrs 8 m old and manages ₹25,768.71 Crs, whereas Mirae Asset Multicap Fund - Direct (IDCW) is 2 yrs 10 m old with ₹4,954.25 Crs.
• Kotak Multicap Fund - Direct (G) is therefore older and larger, which may indicate more experience and investor confidence.
• Kotak Multicap Fund - Direct (G) has its top 3 sectors in Banks (15.98%), Finance (11.50%), and Automobile (9.78%), while Mirae Asset Multicap Fund - Direct (IDCW) focuses on Banks (18.34%), Pharmaceuticals (7.16%), and IT - Software (4.58%).
• The funds share exposure to Banks, but differ in the rest, which means they will partially move together but may diverge depending on how the unique sectors perform.
• Kotak Multicap Fund - Direct (G) holds Maruti Suzuki India Limited (4.44%), Hero MotoCorp Ltd. (3.61%), INDUSIND BANK LTD. (3.55%), Radico Khaitan Ltd. (3.12%), and Indus Towers Ltd. (3.07%), whereas Mirae Asset Multicap Fund - Direct (IDCW) holds HDFC Bank Ltd. (5.34%), ICICI Bank Ltd. (3.57%), Delhivery Ltd. (3.30%), Axis Bank Ltd. (3.07%), and IndusInd Bank Ltd. (2.62%).
• The funds share exposure to INDUSIND BANK LTD., which makes their performance partly correlated. However, the unique holdings like Maruti Suzuki India Limited in Kotak Multicap Fund - Direct (G) and HDFC Bank Ltd. in Mirae Asset Multicap Fund - Direct (IDCW) can create divergence depending on how these stocks perform.
• In terms of risk profile, Kotak Multicap Fund - Direct (G) has 98.90% equity and 0.00% debt, while Mirae Asset Multicap Fund - Direct (IDCW) has 99.52% equity and 0.00% debt.
• Risk profile is similar for both funds.
• Kotak Multicap Fund - Direct (G) outperformed Mirae Asset Multicap Fund - Direct (IDCW) in 3 Months, 1 Year (returns: 0.02%, 6.26% ) but underperformed in 6 Months, 3 Years (returns: -2.30%, 21.54%). This mixed performance indicates strength in certain market cycles while highlighting periods of relative weakness, suggesting selective timing or careful monitoring may be needed.