| KOTAK BALANCED ADVANTAGE FUND
An open ended dynamic asset allocation fund
| KOTAK BALANCED ADVANTAGE FUND
An open ended dynamic asset allocation fund

  

  
Investment Objective

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. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

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. There is no assurance or guarantee that the investment objective of the scheme will be achieved.




Source: Internal Analysis. As on 30th Dec 2022. Automatic: A fund that gives you freedom from managing equity and debt allocation manually during the market ups and down, giving you a balanced growth.

Issuer/
Instrument		 Industry/
Rating		 % to Net
Assets		 % to Net Assets
Derivatives

Equity & Equity related
CNX NIFTY-JAN2023 -3.99
Adani Port and Special Economic Zone Ltd. Transport Infrastructure 3.60 -3.62
HDFC Bank Ltd. Banks 3.33
ICICI Bank Ltd. Banks 3.07
CNX BANK INDEX-JAN2023 -3.05
Reliance Industries Ltd. Petroleum Products 2.69
Infosys Ltd. IT - Software 2.65
Adani Enterprises Ltd. Metals & Minerals Trading 2.10 -2.10
Axis Bank Ltd. Banks 1.79
Maruti Suzuki India Limited Automobiles 1.66
Others 45.73 -11.72
Equity & Equity related - Total 66.62 -24.48
Mutual Fund Units0.84
Debt Instruments
Debentures and Bonds 3.59
Government Dated Securities19.44
Treasury Bills 0.09
Triparty Repo8.83
Net Current Assets/(Liabilities) 0.59
Grand Total 100.00

For detailed portfolio log on to
https://www.kotakmf.com/Products/funds/hybrid-funds/Kotak-Balanced-Advantage-Fund/Dir-G

Mutual Fund Units as provided above is towards margin for derivatives transactions.
Equity Derivative Exposuer is 24.48%


Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (₹) 10000 Since Inception 3 years 1 year
Total amount invested (₹) 5,30,000 3,60,000 1,20,000
Total Value as on Dec 30, 2022 (₹) 6,66,464 4,20,286 1,24,119
Scheme Returns (%) 10.35 10.34 6.46
NIFTY 50 Hybrid Composite Debt 50:50 Index Returns (%) 11.71 11.74 7.70
Alpha -1.36 -1.40 -1.24
NIFTY 50 Hybrid Composite Debt 50:50 Index (₹)# 6,86,425 4,28,944 1,24,898
Nifty 50 (TRI) (₹)^## 7,60,641 4,76,030 1,26,455
Nifty 50 (TRI) Returns (%) 16.47 19.06 10.18

Scheme Inception : - August 03,2018. The returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and taking the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. # Benchmark ; ^ Additional Benchmark TRI - Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). *All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Source: ICRA MFI Explorer. Alpha is difference of scheme return with benchmark return.

NAV
Growth option Rs14.969
Direct Growth option Rs 15.773
Reg-Plan-IDCW Rs 14.969
Dir-Plan-IDCW Rs 15.773

Available Plans/Options

A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of IDCW & Growth (applicable for all plans)


Fund Manager* Mr. Harish Krishnan,
Mr. Hiten Shah,
Mr. Abhishek Bisen &
Mr. Arjun Khanna
(Dedicated fund manager for investments in foreign securities)
BenchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index
Allotment dateAugust 3, 2018
AAUMRs14,544.39 crs
AUMRs14,445.09 crs
Folio count2,29,475

IDCW Frequency

Trustee's Discretion


Ratios
Portfolio Turnover314.66%
Portfolio Average Maturity4.70 yrs
IRS Average Maturity* -
Net Average Maturity4.70 yrs
Portfolio Modified Duration1.86 yrs
IRS Modified Duration*-
Net Modified Duration 1.86 yrs
Portfolio Macaulay Duration 1.93 yrs
IRS Macaulay Duration*-
Net Macaulay Duration 1.93 yrs
Annualised YTM* 7.41%
$Beta 1.09
$Sharpe@@ 0.29
$Standard Deviation 13.42%
*in case of semi annual YTM, it will be annualized.
Source: $ ICRA MFI Explorer.

Minimum Investment Amount

Initial Investment: Rs1000 and in multiple of Rs1 for purchase and of Rs0.01 for switches
Additional Investment: Rs1000 & in multiples of Rs1
Ideal Investments Horizon: 5 years & above


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load:
a) For redemption/switch out of upto 8% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
b) If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%.
c) If units are redeemed or switched out on or after 1 year from the date of allotment: NIL


Total Expense Ratio**

Regular: 1.68%; Direct: 0.48%


Data as on December 31, 2022


Fund



Benchmark


This product is suitable for investors who are seeking*:
  • Wealth creation over a long period of time.
  • Investment in equity, equity related securities & debt, money market instruments while managing risk through active allocation.

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


Mr. Hiten Shah has been managing the fund since 03/10/2019.
@@ Risk rate assumed to be 6.60% (FBIL Overnight MIBOR rate as on 30th December 2022).**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'Our Fund Managers'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'Scheme Performances'