Home / Business and Economy / Silver Outshines Stocks in Kotak Fund's Surge
Silver Outshines Stocks in Kotak Fund's Surge
23 Jan
Summary
- Fund delivered nearly 28% returns since March 2025.
- Silver contributed more to portfolio gains than equities.
- Fund invests across equities, debt, commodities, and derivatives.

Kotak Multi Asset Allocation Fund has posted impressive returns of nearly 28% since March 2025. During this period, silver emerged as a key contributor, surprisingly outperforming equities in driving portfolio gains. This strategic advantage stemmed from a period of market volatility and uneven equity recovery in early 2025.
The fund’s allocation to silver proved beneficial, as the metal's unique position as both a monetary asset and industrial commodity fueled its price. Demand was bolstered by industrial sectors like solar and electronics, alongside investment flows. Limited supply, often a by-product of other metal mining, further influenced its price dynamics.
This multi-asset fund strategically diversifies across equities, debt, money market instruments, and commodity exchange-traded products. Since its inception in September 2023, the fund has generated approximately 5.7% alpha, with a compound annual growth rate of around 23%.




