| 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 June 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.
Mutual fund investment are subject to market risk, read all scheme related documents carefully

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

Equity & Equity related
Reliance Industries Ltd. Petroleum Products 3.80
Adani Port and Special Economic Zone Ltd. Transport Infrastructure 3.16 -3.15
ICICI Bank Ltd. Banks 3.03
HDFC Bank Ltd. Banks 2.82
Infosys Ltd. IT - Software 2.67
Maruti Suzuki India Limited Automobiles 1.87
Adani Enterprises Ltd. Metals & Minerals Trading 1.66 -1.67
Axis Bank Ltd. Banks 1.63
Larsen And Toubro Ltd. Construction 1.61
Bajaj Finance Ltd. Finance 1.33
Others 42.49 -10.55
Equity & Equity related - Total 66.07 -15.37
Mutual Fund Units 2.70
Debt Instruments
Debentures and Bonds 1.29
Government Dated Securities 21.63
Treasury Bills 2.85
Triparty Repo 4.84
Net Current Assets/(Liabilities) 0.62
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 15.37%


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 (Rs) 4,70,000 3,60,000 1,20,000
Total Value as on June 30, 2022 (Rs) 5,58,440 4,08,141 1,16,382
Scheme Returns (%) 8.78 8.34 -5.58
NIFTY 50 Hybrid Composite Debt 50:50 Index Returns (%) 9.76 9.27 -6.34
Alpha -0.98 -0.93 0.76
NIFTY 50 Hybrid Composite Debt 50:50 Index (Rs)# 5,69,089 4,13,740 1,15,884
Nifty 50 (TRI) (Rs)^ 6,05,216 4,43,322 1,12,285
Nifty 50 (TRI) Returns (%) 12.97 14.03 -11.77

Scheme Inception : - August 03,2018. The returns are calculated by XIRR approach assuming investment of Rs10,000/- 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). The debt component of the index is TRI since inception.
*All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns >= 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available.
Note: Point to Point (PTP) Returns in INR shows the value of Rs 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark.
*Alpha is difference of scheme return with benchmark return.
NAV
Growth option Rs13.8160
Direct Growth option Rs14.4700
Reg-Plan-IDCW Rs 13.8170
Dir-Plan-IDCW Rs 14.4700

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
AAUMRs13,454.85 crs
AUMRs13,493.74 crs
Folio count2,33,001

IDCW Frequency

Trustee's Discretion


Ratios
Portfolio Turnover26.33%
Portfolio Average Maturity6.09 yrs
IRS Average Maturity* 0.23 yrs
Net Average Maturity6.31 yrs
Portfolio Modified Duration2.57 yrs
IRS Modified Duration*0.21 yrs
Net Modified Duration 2.78 yrs
Portfolio Macaulay Duration 2.66 yrs
IRS Macaulay Duration*0.22 yrs
Net Macaulay Duration 2.87 yrs
YTM 6.83%
$Beta 1.12
$Sharpe@@ 0.73
$Standard Deviation 13.21%
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: 1.72%; Direct: 0.49%


Data as on June 30, 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.


(^) Fully or Party blocked against Interest Rate Swap (IRS) Hedging Position through Interest Rate Swaps as on 30 Jun 2022 is 3.71% of the net assets.
Mr. Hiten Shah has been managing the fund since 03/10/2019.
@@Risk rate assumed to be 4.95% (FBIL Overnight MIBOR rate as on 30th June 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'