Kotak Balanced Advantage Fund Direct Growth
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 19.25 as on 24-04-2024
Fund Performance
1137 people have invested ₹ 2.5Cr in Kotak Balanced Advantage Fund Direct Growth in the last three months
Mutual Fund Insights
In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 19.18% return, outperforming this fund by 6.33% per annum.
In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 26.64% return, outperforming this fund by 14.19% per annum.
Over the last 1 year, this fund has increased expense ratio by 6.3% moving from 0.48 to 0.51.
In the last 1 year, Quant Dynamic Asset Allocation Fund Direct Growth has given 61.42% return, outperforming this fund by 41.1%.
This fund has one of the lowest expense ratio in the category (dynamic asset allocation). Its expense ratio is 0.51% which is lower than the category average expense ratio of 1.14%.
INDmoney Rank of Kotak Balanced Advantage Fund Direct Growth
Powered by IND quant engine
4
/15
24% Performance
63% Risk Management
69% Cost
4 out of 15 among dynamic asset allocation
About the Kotak Balanced Advantage Fund Direct Growth
Kotak Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 3 August, 2018. The fund is managed by Abhishek Bisen, Hiten Shah, Harish Krishnan, Arjun Khanna. This fund gives you the benefit of diversification.
Key Parameters
- Kotak Balanced Advantage Fund Direct Growth has ₹15721 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Kotak Balanced Advantage Fund Direct Growth Overview
 | 0.51% |
 Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
 | ₹15721 Cr |
 | 3 August, 2018 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 295.97% |
Kotak Balanced Advantage Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
56.8%
Mid cap
11.6%
Small cap
4.6%
Sector Allocation
Financial Services
28%
Industrial
15.9%
Consumer Cyclical
10.3%
Basic Materials
9.7%
Tech
8.6%
Consumer Defensive
7.2%
Energy
6.1%
Health
5.1%
Real Estate
3.8%
Communication
3.1%
Utilities
2.1%
Top Holdings of Kotak Balanced Advantage Fund Direct Growth as on (31-Mar-24)
Equity Holdings107
Debt Holdings47
Kotak Balanced Advantage Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 15.7K Cr as of Mar'24
- AUM increased by 2.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Kotak Balanced Advantage Fund Direct Growth Fund Manager
Abhishek Bisen
Fund Manager of Kotak Balanced Advantage Fund Direct Growth, since 3 August 2018
Top funds managed
Hiten Shah
Fund Manager of Kotak Balanced Advantage Fund Direct Growth, since 3 October 2019
Top funds managed
Harish Krishnan
Fund Manager of Kotak Balanced Advantage Fund Direct Growth, since 3 August 2018
Top funds managed
Arjun Khanna
Fund Manager of Kotak Balanced Advantage Fund Direct Growth, since 30 April 2022
Top funds managed
Kotak Balanced Advantage Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.08% since inception which is more than its category average return of 11.62%
Fund Allocations
This fund has an allocation of 52.96% in Equity, 21.54% in Debt and 25.5% in Cash related instruments
AUM size ₹15721 Cr
This fund has AUM of ₹15721 Cr which is more than its category average of ₹ 8144 Cr
Expense Ratio 0.51%
This fund has an expense ratio of 0.51% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of Kotak Balanced Advantage Fund Direct Growth is ₹19.25 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Kotak Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.16% | 1.16% |
6 Month Returns | 11.22% | 11.22% |
1 Year Returns | 20.32% | 20.32% |
3 Years Returns | 42.22% | 12.46% |
5 Years Returns | 83.01% | 12.85% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.51% as on March 2024
₹15721 Cr as on March 2024
HDFC Bank Ltd(6.89%), Adani Ports & Special Economic Zone Ltd(5.06%), 8.25% Govt Stock 2033(4.91%), ICICI Bank Ltd(3.66%), Reliance Industries Ltd(3.13%) as on March 2024
Cash Equivalent(24.66%), Government(18.05%), Financial Services(14.81%) as on March 2024
AAA | 89 |
AA | 8.36 |
A | 2.64 |
Abhishek Bisen, Hiten Shah, Harish Krishnan, 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%