Kotak Balanced Advantage Fund Direct Growth

Kotak Balanced Advantage Fund Direct Growth

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Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 19.19 as on 22-04-2024
Fund Performance
zero opening, trading, fund transfer fee
1147 people have invested ₹ 2.5Cr in Kotak Balanced Advantage Fund Direct Growth in the last three months

Mutual Fund Insights

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Over the last 1 year, this fund has increased expense ratio by 6.3% moving from 0.48 to 0.51.
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In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 18.67% return, outperforming this fund by 6.05% per annum.
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In the last 1 year, Quant Dynamic Asset Allocation Fund Direct Growth has given 60.34% return, outperforming this fund by 40.51%.
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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%.
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In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 26.6% return, outperforming this fund by 14.28% per annum.

INDmoney Rank of Kotak Balanced Advantage Fund Direct Growth

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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, Harish Krishnan, Arjun Khanna, Hiten Shah. This fund gives you the benefit of diversification.

Key Parameters

  1. 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.
  2. The fund has an expense ratio 0.5.

Kotak Balanced Advantage Fund Direct Growth Overview

Expense ratio
Expense ratio
0.51%
Benchmark
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
AUM
AUM
₹15721 Cr
Inception Date
Inception Date
3 August, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
295.97%

Kotak Balanced Advantage Fund Direct Growth Distribution as on (31-Mar-24)

  • Equity 53%

  • Debt & Cash 47%

Size breakup

Large cap
56.8%
Mid cap
11.6%
Small cap
4.6%
Sector Allocation

Mar'24

Feb'24

Jan'24

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

  • Debt & Cash

Equity Holdings107
Debt Holdings47

Kotak Balanced Advantage Fund Direct Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 15.7K Cr
₹ 15.7K Cr
₹ 15.6K Cr
  • 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

Kotak Balanced Advantage Fund Direct Growth Fund Manager

Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak Balanced Advantage Fund Direct Growth, since 3 August 2018
Harish Krishnan
Harish Krishnan
Fund Manager of Kotak Balanced Advantage Fund Direct Growth, since 3 August 2018
Arjun Khanna
Arjun Khanna
Fund Manager of Kotak Balanced Advantage Fund Direct Growth, since 30 April 2022
Hiten Shah
Hiten Shah
Fund Manager of Kotak Balanced Advantage Fund Direct Growth, since 3 October 2019

Kotak Balanced Advantage Fund Direct Growth Highlights

Risk meter
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Very High Risk

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

About the fund

This fund has delivered an average annual returns of 12.03% since inception which is more than its category average return of 11.47%
Fund Allocations

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

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%

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 ₹19.19 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
Kotak Balanced Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.88%
1.88%
6 Month Returns
9.76%
9.76%
1 Year Returns
19.83%
19.83%
3 Years Returns
41.72%
12.33%
5 Years Returns
81.17%
12.62%
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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, Harish Krishnan, Arjun Khanna, Hiten Shah are the fund managers of Kotak Balanced Advantage Fund Direct Growth
The Exit load of Kotak Balanced Advantage Fund Direct Growth is 1%