📌 Fund Snapshot & Key Details

⚖️ Sahifund NFO Review

Kotak Multi Factor Passive FoF – Direct | Growth

PLUS

• Factor-based investing combines multiple investment styles such as value, momentum and quality
• Passive structure reduces stock selection bias and human decision errors
• Exposure to diversified ETFs reduces concentration risk across sectors
• Very low minimum investment (Rs.100) allows easy accessibility for retail investors
• No exit load improves liquidity and flexibility for investors

MINUS

• FoF structure adds an additional layer of cost compared with direct ETF investing
• Passive factor strategies may underperform during certain market cycles
• Limited scope for active alpha generation since the strategy tracks factor ETFs
• Performance heavily depends on factor cycles rather than fund manager decisions
• Investors may not fully understand factor investing behaviour during volatile markets

Sahifund View (Decisive Line)

A smart passive diversification tool for disciplined investors, but better suited as a complementary allocation rather than a core portfolio holding.

👉 Apply Online | Ask Us MF Queries |

⏱️ Last Updated: 10 March 2026, 10.00 AM

📊 Sahifund Interpretation of the Benchmark
NIFTY 500 TRI

The NIFTY 500 TRI represents the broadest representation of the Indian equity market, covering the top 500 companies across large-cap, mid-cap and small-cap segments.

Because it captures nearly 90–95% of the total market capitalisation of listed companies, the index reflects the overall economic growth of India rather than sector-specific movements.

Benchmark Performance Snapshot

Statistics

Fundamentals

Benchmark Portfolio Characteristics

Sahifund Insight:

The NIFTY 500 TRI acts as a true proxy for India’s total equity market, meaning returns tend to track broad economic expansion rather than sector-specific momentum.

🧠 Investment Strategy – Explained Simply

The scheme aims to generate long-term capital appreciation by investing in units of factor-based equity ETFs.

Factor investing combines multiple proven investment styles such as:

• Value
• Momentum
• Quality
• Low Volatility
• Size

By combining these factors, the portfolio attempts to capture systematic market inefficiencies rather than relying on traditional stock picking.

This makes the strategy rules-based, transparent and relatively cost-efficient, though returns may vary depending on factor cycles.

👤 Sahifund Interpretation of Fund Managers & Their Performance

Rohit Tandon

Rohit Tandon brings strong quantitative and portfolio management experience. His previous roles across Reliance Nippon Life Insurance, Max Life Insurance and JP Morgan India provide exposure to institutional portfolio construction and asset allocation.

Abhishek Bisen

Abhishek Bisen has deep experience in fixed income, portfolio advisory and trading strategies, having worked with Securities Trading Corporation of India and other financial institutions.

Sahifund Assessment:

Since this is a passive factor-based strategy, the role of fund managers is largely operational and portfolio rebalancing driven rather than active stock selection.

The success of this fund will depend more on the effectiveness of factor allocation rather than manager discretion.

🎯 Suitable for Which Investors?

Suitable if you:

• Prefer passive investing strategies
• Want diversified exposure to multiple market factors
• Already invest in ETFs or index funds
• Have a long-term investment horizon of 5+ years

Avoid if you:

• Expect active stock-picking alpha
• Prefer traditional diversified equity funds
• Have a short-term investment horizon
• Do not understand factor investing behaviour

❓ Should You Invest in This NFO?

This NFO is best viewed as a diversification tool within a broader portfolio rather than a primary equity allocation.

Factor investing has gained global popularity as it attempts to combine multiple systematic strategies within a single portfolio.

However, Indian markets are still evolving in factor investing adoption, meaning performance may vary across market cycles.

Final Word:

Suitable for investors seeking rules-based diversified market exposure through factor ETFs, but it should complement traditional active equity funds rather than replace them.

⚠️ Disclaimer

Mutual fund investments are subject to market risks. Read all scheme-related documents carefully.