Kotak Balanced Advantage Fund Direct Growth
Kotak Balanced Advantage Fund Direct Growth

Kotak Balanced Advantage Fund Direct Growth

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Hybrid
Direct
Dynamic Asset Allocation

NAV: ₹ 15.9 as on 08-12-2022

Fund Performance
zero opening, trading, fund transfer fee
542 people have invested ₹ 65.9L in mutual fund in the last three months

INDmoney Rank

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4
/14
25% Performance
60% Risk Management
76% Cost
4 out of 14 among dynamic asset allocation

Fund Performance

Return
1M
3M
6M
1Y
3Y
This Fund
1.5%
1.8%
8.9%
6.1%
12.2%
Benchmark
1.3%
2.1%
9.2%
6%
11.8%
About the Fund

Kotak Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on  3 August, 2018. The fund is managed by Hiten Shah, Arjun Khanna, Harish Krishnan, Abhishek Bisen. This fund gives you the benefit of diversification.

Key parameters

1) Kotak Balanced Advantage Fund Direct Growth has a NAV of 15.929 as on 08-12-2022.

2) Kotak Balanced Advantage Fund Direct Growth has 14662 Cr worth of assets under management (AUM) as on 31-10-2022 and is more than category average.

3) The fund has an expense ratio 0.49 %.

Fund Overview

Expense ratio
Expense ratio
0.49%
Benchmark
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
AUM
AUM
₹14662 Cr
Inception Date
Inception Date
3 August, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
68.76%

Fund Distribution

  • Equity 46.7%
  • Debt & Cash 53.3%
Size breakup
Large cap
52%
Mid cap
11.6%
Small cap
3.2%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

27.4%

Industrial

13.6%

Consumer Cyclical

11.1%

Energy

10%

Tech

9.7%

Basic Materials

9.3%

Consumer Defensive

7.2%

Health

4.7%

Communication

2.8%

Real Estate

2.3%

Utilities

2%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings146
Equity Holdings97
Debt Holdings49
Holdings
Weight%
Holdings Trend
1M Change
icon
Cash Offset For Derivatives
21.64%
28.7%
icon
Triparty Repo
7.48%
0%
icon
7.42 9/22/2033 12:00:00 Am
5.61%
0%
icon
Adani Ports & Special Economic Zone Ltd
3.82%
0%
icon
Reliance Industries Ltd
3.69%
-3.9%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 257.6 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 14.6K Cr
Sep'22
₹ 14.3K Cr
Aug'22
₹ 14.6K Cr

Fund Returns vs Benchmark

Oct'22
4.56%
5.19%
Sep'22
-1.40%
-1.39%
Aug'22
2.86%
2.56%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
129
141
141
Top 5 Company Concentration
16.7%
16.4%
16.9%
Company having highest exposure
Reliance Industries Ltd (3.7%)
Reliance Industries Ltd (3.7%)
Reliance Industries Ltd (4%)
No of Sectors
14
14
14
Top 5 Sectors Concentration
73.6%
72.2%
72.4%
Sector having highest exposure
Cash Equivalent (24.6%)
Government (22.8%)
Cash Equivalent (22.6%)

Fund Manager

Hiten Shah

Hiten Shah

Managing this fund since 3 October 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Kotak Equity Arbitrage Fund Direct Growth
4.68%
3.69%
Kotak Equity Savings Fund Direct Growth
10.85%
9.07%
Kotak Balanced Advantage Fund Direct Growth
12.17%
11.72%
Arjun Khanna

Arjun Khanna

Managing this fund since 30 April 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Kotak Emerging Equity Scheme Direct Growth
26.99%
24.12%
Kotak Balanced Advantage Fund Direct Growth
12.17%
11.72%
Kotak Flexicap Fund Direct Growth
16.6%
17.56%
Harish Krishnan

Harish Krishnan

Managing this fund since 3 August 2018

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Kotak Bluechip Direct Growth
18.07%
16.38%
Kotak Balanced Advantage Fund Direct Growth
12.17%
11.72%
Kotak Pioneer Fund Direct Growth
22.88%
--
Abhishek Bisen

Abhishek Bisen

Managing this fund since 3 August 2018

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Kotak Balanced Advantage Fund Direct Growth
12.17%
11.72%
Kotak Bond Short Term Plan Direct Growth
6.29%
5.7%
Kotak Banking and PSU Debt Direct Growth
6.45%
5.36%

AMC details

Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Fund House
Kotak Mahindra Asset Management Co Ltd

Fund Highlights

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High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 11.3% since inception which is more than its category average return of 9.57%
Fund Allocations

Fund Allocations

This fund has an allocation of 46.72% in Equity, 21.55% in Debt and 31.73% in Cash related instruments
AUM size ₹14662 Cr

AUM size ₹14662 Cr

This fund has AUM of ₹14662 Cr which is more than its category average of ₹ 7631 Cr
Expense Ratio 0.49%

Expense Ratio 0.49%

This fund has an expense ratio of 0.49% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of Kotak Balanced Advantage Fund Direct Growth is 15.88.
Existing (Absolute + CAGR)
Kotak Balanced Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.19%
1.19%
6 Month Returns
8.39%
8.39%
1 Year Returns
6.35%
6.35%
3 Years Returns
40.72%
12.06%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.49 as on November 2022
14553 Cr as on November 2022
Reliance Industries Ltd(3.7%),ICICI Bank Ltd(3.66%),Adani Ports & Special Economic Zone Ltd(3.6%),HDFC Bank Ltd(3.04%),Infosys Ltd(2.71%) as on November 2022
Cash Equivalent(24.62%),Government(23.34%),Financial Services(13.44%) as on November 2022
AAA
94.94
A
5.06
Hiten Shah,Harish Krishnan,Abhishek Bisen,Arjun Khanna are the fund managers of Kotak Balanced Advantage Fund Direct Growth
The Exit load of Kotak Balanced Advantage Fund Direct Growth is 1%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.