Kotak Balanced Advantage Fund Direct Payout of Income Distribution cum Cap Wdrl

Hybrid
Direct
Dynamic Asset Allocation
Kotak Balanced Advantage Fund Direct Payout of Income Distribution cum Cap Wdrl

About the Fund

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

Key Parameters

  1. Kotak Balanced Advantage Fund Direct Payout of Income Distribution cum Cap Wdrl has ₹16345 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Kotak Balanced Advantage Fund Direct Payout of Income Distribution cum Cap Wdrl has given a CAGR return of 13.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.46%, 13.66% and 14.38% respectively.

Holdings

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

Taxation

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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Kotak Balanced Advantage Fund Direct Payout of Income Distribution cum Cap Wdrl

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 and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 0.00. Kotak Balanced Advantage Fund Direct Payout of Income Distribution cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
2 people have invested ₹ 6K in Kotak Balanced Advantage Fund Direct Payout of Income Distribution cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.51%
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
AUM₹16345 Cr
Inception Date3 August, 2018
Min Lumpsum/SIP₹100/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
295.97%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 53.4%

  • Debt & Cash 46.6%

Large cap
53%

Mid cap
12.6%

Small cap
5.2%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
28.2%
Industrial
17.8%
Consumer Cyclical
10.8%
Basic Materials
10%
Tech
8%
Consumer Defensive
7.2%
Energy
6%
Health
4.4%
Communication
3.3%
Real Estate
2.3%
Utilities
2%
All changes are between Oct'69 and Dec'69

Hiten Shah
Hiten Shah
Fund Manager of Kotak Balanced Advantage Fund Direct Payout of Income Distribution cum Cap Wdrl, since 3 October 2019
Harish Krishnan
Harish Krishnan
Fund Manager of Kotak Balanced Advantage Fund Direct Payout of Income Distribution cum Cap Wdrl, since 3 August 2018
Arjun Khanna
Arjun Khanna
Fund Manager of Kotak Balanced Advantage Fund Direct Payout of Income Distribution cum Cap Wdrl, since 30 April 2022
Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak Balanced Advantage Fund Direct Payout of Income Distribution cum Cap Wdrl, since 3 August 2018

Kotak Balanced Advantage Fund Direct Payout of Income Distribution cum Cap Wdrl Highlights

Risk meter
pointer

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 13.24% since inception which is less than its category average return of 13.37%
Fund Allocations

Fund Allocations

This fund has an allocation of 53.42% in Equity, 22.22% in Debt and 24.36% in Cash related instruments
AUM size ₹16345 Cr

AUM size ₹16345 Cr

This fund has AUM of ₹16345 Cr which is more than its category average of ₹ 8521 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 1.32%

Frequently Asked Questions

The current NAV of Kotak Balanced Advantage Fund Direct Payout of Income Distribution cum Cap Wdrl is ₹20.96 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
Kotak Balanced Advantage Fund Direct Payout of Income Distribution cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
3.2%
3.2%
6 Month Returns
12.13%
12.13%
1 Year Returns
22.46%
22.46%
3 Years Returns
46.82%
13.66%
5 Years Returns
95.73%
14.38%
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 June 2024
₹16345 Cr as on June 2024
HDFC Bank Ltd(6.64%), Adani Ports & Special Economic Zone Ltd(5.38%), 8.34% Govt Stock 2033(4.89%), ICICI Bank Ltd(3.6%), Reliance Industries Ltd(2.95%) as on June 2024
Cash Equivalent(23.16%), Government(17.09%), Financial Services(15.05%) as on June 2024
AAA
89.54
AA
7.95
A
2.51
Hiten Shah, Harish Krishnan, Arjun Khanna, Abhishek Bisen are the fund managers of Kotak Balanced Advantage Fund Direct Payout of Income Distribution cum Cap Wdrl
The Exit load of Kotak Balanced Advantage Fund Direct Payout of Income Distribution cum Cap Wdrl is 1%