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 Hiten Shah, Abhishek Bisen. This fund gives you the benefit of diversification.

1. Kotak Balanced Advantage Fund Direct Growth has ₹17343 Cr worth of assets under management (AUM) as on May 2025 and is more than category average.
2. The fund has an expense ratio 0.6.
   

Kotak Balanced Advantage Fund Direct Growth has given a CAGR return of 12.33% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.20%, 16.13% and 15.28% respectively.

Kotak Balanced Advantage Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Financial Services, Corporate, Industrial, Consumer Cyclical, Tech, Basic Materials, Energy, Consumer Defensive, Health, Communication, Utilities, Real Estate.

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the scheme is to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Balanced Advantage Fund Direct Growth has no lock in period.