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Kotak

Balanced Advantage Fund

NAV as on -
CAGR
Compound annual growth rate
since inception
Features
AUM
` 2806.67 Cr.
Risk
Moderately High

This open ended fund Scheme is suitable for investors seeking*

  1. Wealth creation over a long period of time
  2. Investment in equity, equity related securities & debt, money market instruments while managing risk through active allocation

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

Fund Manager
Mr. Harish Krishnan
+
  • Mr. Harish Krishnan
    Mr. Harish has a decade of experience spread over Equity Research and Fund Management. Prior to joining Kotak Mutual Fund, he was based out of Singapore and Dubai, managing Kotak''s offshore funds. Mr. Harish has also worked at Infosys Technologies Ltd in his earlier stint. He is a Bachelor of Technology (Electronics & Communications) from Government Engineering College,Trichur, a post Graduate in Management from Indian Institute of Management, Kozhikode and a Chartered Financial Analyst from the CFA Institute.
  • Mr. Abhishek Bisen
    Mr. Abhishek has been associated with the company since October 2006 and his key responsibilities include fund management of debt schemes. Prior to joining Kotak AMC, Me, Abhishek was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. He has been awarded twice as one of the Highly Commended Investors in Indian Rupees Bonds from the Asset magazine Hong Kong. His educational background is B.A (Management) and MBA (Finance).
  • Mr. Arjun Khanna
    Mr. Arjun Khanna has been associated with the Kotak Group since April 2016. He is responsible for the research coverage of Auto Ancillary, Media, Midcaps, Hotel and Agricultural Commodities. Arjun has an overall industry experience of 11 years. Arjun's educational background is MMS (Finance), CFA, B.E.

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Let’s calculate your gain

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If you would have invested `

since inception, it would have become` - i.e. - %CAGR .

About Kotak Balanced Advantage Fund

  • 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.

Performanceas on

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  Since
Inception
Last
5 Year
Last
3 Years
Last
1 Years

For performance in SEBI format please refer performance section.

Scheme Inception date is 10/08/2018. Mr. Harish Krishnan and Mr. Abhishek Bisen have been managing the fund since 10/08/2018. Mr. Arjun Khanna has been managing the fund since 09/05/2019. Different plans have different expense structure. Past performance may or may not be sustained in future. 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 investment made at inception. Source: ICRA MFI Explorer. 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).

Sector Allocation

Sector % of net asset
Banks 14.26 %
Finance 8.91 %
Petroleum Products 6.65 %
Consumer Non Durables 6.18 %
Software 4.63 %
Pharmaceuticals 3.7 %
Government Dated Securities 3.05 %
Cement 2.99 %
REST 20.48 %
Sector % of net asset

Stocks

Stocks Industry Percentage of net asset
Equity & Equity related (Listed/Awaiting listing on Stock Exchange)
Non-Hedged
CNX NIFTY-JUN2019 0 %
Reliance Industries Ltd. Petroleum Products 2.89 %
HDFC Bank Ltd. Banks 2.84 %
ICICI Bank Ltd. Banks 2.5 %
Infosys Ltd. Software 1.92 %
Axis Bank Ltd Banks 1.79 %
Kotak Mahindra Bank Ltd. Banks 1.51 %
HDFC Ltd. Finance 1.22 %
State Bank Of India Banks 1.22 %
ITC Ltd. Consumer Non Durables 1.16 %
Larsen And Toubro Ltd. Construction Project 1.12 %
Tata Consultancy Services Ltd. Software 1.03 %
Rail Vikas Nigam Limited. Construction 0.85 %
Bharat Petroleum Corporation Ltd. Petroleum Products 0.64 %
APL Apollo Tubes Limited Ferrous Metals 0.62 %
Bharat Financial Inclusion Limited Finance 0.62 %
Cadila Healthcare Ltd. Pharmaceuticals 0.62 %
Mahindra & Mahindra Ltd. Auto 0.59 %
Gujarat Gas Ltd Gas 0.58 %
Tata Steel Limited. Ferrous Metals 0.58 %
Tech Mahindra Ltd. Software 0.58 %
Shree Cement Ltd. Cement 0.57 %
HDFC Standard Life Insurance Company Ltd Finance 0.56 %
Bharat Electronics Ltd Industrial Capital Goods 0.55 %
Asian Paints Ltd. Consumer Non Durables 0.53 %
Mahindra Lifespace Developers Ltd Construction 0.5 %
Container Corporation of India Ltd. Transportation 0.48 %
Pfizer Ltd. Pharmaceuticals 0.48 %
Eicher Motors Ltd Auto 0.43 %
Indraprastha Gas Ltd. Gas 0.43 %
Ultratech Cement Ltd. Cement 0.43 %
NMDC Ltd. Minerals/Mining 0.42 %
Inter Globe Aviation Ltd Transportation 0.41 %
AU Small Finance Bank Ltd. Banks 0.39 %
Bajaj Finance Limited Finance 0.38 %
Coromandel International Ltd. Fertilisers 0.38 %
Jubilant Foodworks Limited Consumer Non Durables 0.37 %
The Ramco Cements Ltd Cement 0.37 %
Motherson Sumi Systems Ltd. Auto Ancillaries 0.36 %
Maruti Suzuki India Limited Auto 0.34 %
RBL Bank Ltd Banks 0.32 %
Supreme Industries Limited Industrial Products 0.32 %
Bandhan Bank Limited Banks 0.31 %
Mahindra & Mahindra Financial Services Ltd. Finance 0.29 %
Ratnamani Metals & Tubes Ltd. Ferrous Metals 0.29 %
Sterlite Technologies Ltd Telecom - Equipment & Accessories 0.29 %
Dabur India Ltd Consumer Non Durables 0.28 %
ICICI Lombard General Insurance Company Ltd Finance 0.28 %
Hindustan Zinc Ltd. Non - Ferrous Metals 0.24 %
Edelweiss Financial Services Ltd Finance 0.18 %
Hedged
Reliance Industries Ltd. Petroleum Products 2.83 %
ITC Ltd. Consumer Non Durables 1.42 %
Indiabulls Housing Finance Ltd. Finance 1.37 %
Punjab National Bank Banks 1.02 %
Grasim Industries Ltd. Cement 0.83 %
Mahindra & Mahindra Ltd. Auto 0.77 %
Yes Bank Ltd Banks 0.69 %
Shriram Transport Finance Co Ltd. Finance 0.66 %
Adani Enterprises Ltd Trading 0.63 %
Bajaj Finance Limited Finance 0.63 %
Cadila Healthcare Ltd. Pharmaceuticals 0.62 %
Dr Reddys Laboratories Ltd Pharmaceuticals 0.59 %
Nestle India Ltd. Consumer Non Durables 0.58 %
Bajaj Finserv Ltd. Finance 0.55 %
Hindustan Unilever Ltd. Consumer Non Durables 0.49 %
Mahindra & Mahindra Financial Services Ltd. Finance 0.49 %
HDFC Ltd. Finance 0.43 %
Tech Mahindra Ltd. Software 0.43 %
Colgate Palmolive (India ) Ltd. Consumer Non Durables 0.41 %
NCC Limited Construction Project 0.4 %
Escorts Ltd. Auto 0.37 %
Bank Of Baroda Banks 0.36 %
Can Fin Homes Ltd. Finance 0.33 %
Raymond Limited Textile Products 0.3 %
Adani Power Ltd Power 0.28 %
Biocon Ltd. Pharmaceuticals 0.28 %
Coal India Ltd. Minerals/Mining 0.28 %
Manappuram Finance Ltd Finance 0.27 %
Motherson Sumi Systems Ltd. Auto Ancillaries 0.27 %
Bharat Electronics Ltd Industrial Capital Goods 0.26 %
Infosys Ltd. Software 0.26 %
State Bank Of India Banks 0.25 %
Vodafone Idea Ltd Telecom - Services 0.25 %
ACC Ltd. Cement 0.24 %
Tata Chemicals Ltd. Chemicals 0.24 %
The South Indian Bank Ltd. Banks 0.24 %
HDFC Bank Ltd. Banks 0.23 %
Century Textiles & Industries Ltd. Cement 0.22 %
Dabur India Ltd Consumer Non Durables 0.22 %
Indian Oil Corporation Ltd Petroleum Products 0.22 %
UPL Ltd Pesticides 0.22 %
MRF Limited Auto Ancillaries 0.2 %
Titan Company Ltd. Consumer Durables 0.2 %
CESC Ltd. Power 0.19 %
Tata Communications Ltd Telecom - Services 0.19 %
Divi s Laboratories Limited Pharmaceuticals 0.18 %
Glenmark Pharmaceuticals Ltd Pharmaceuticals 0.18 %
Reliance Power Ltd Power 0.18 %
Container Corporation of India Ltd. Transportation 0.17 %
Lupin Ltd. Pharmaceuticals 0.17 %
Wockhardt Ltd. Pharmaceuticals 0.17 %
Canara Bank Banks 0.16 %
Godrej Consumer Products Ltd. Consumer Non Durables 0.16 %
L&T Finance Holdings Ltd Finance 0.16 %
Larsen And Toubro Ltd. Construction Project 0.16 %
Cipla Ltd. Pharmaceuticals 0.15 %
Tata Elxsi Ltd. Software 0.15 %
Britannia Industries Ltd. Consumer Non Durables 0.14 %
Petronet LNG Ltd. Gas 0.14 %
Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.14 %
Asian Paints Ltd. Consumer Non Durables 0.13 %
Bank of India Banks 0.13 %
Exide Industries Ltd Auto Ancillaries 0.13 %
Ashok Leyland Ltd. Auto 0.12 %
Jindal Steel & Power Ltd. Ferrous Metals 0.12 %
Muthoot Finance Ltd Finance 0.12 %
Tata Motors Ltd - DVR Auto 0.12 %
GAIL (India) Ltd. Gas 0.11 %
Kajaria Ceramics Ltd. Construction 0.11 %
Shree Cement Ltd. Cement 0.11 %
Tata Steel Limited. Ferrous Metals 0.11 %
United Breweries Ltd. Consumer Non Durables 0.11 %
Aurobindo Pharma Ltd. Pharmaceuticals 0.1 %
Equitas Holdings Ltd Finance 0.1 %
Vedanta Ltd. Non - Ferrous Metals 0.1 %
Axis Bank Ltd Banks 0.09 %
LIC Housing Finance Ltd. Finance 0.09 %
Tata Consultancy Services Ltd. Software 0.09 %
Amara Raja Batteries Ltd. Auto Ancillaries 0.08 %
Bharat Financial Inclusion Limited Finance 0.08 %
SRF Ltd. Textile Products 0.08 %
TV18 Broadcast Ltd Media and Entertainment 0.08 %
Ambuja Cements Ltd Cement 0.07 %
Dish TV India Ltd. Media and Entertainment 0.07 %
Hindalco Industries Ltd Non - Ferrous Metals 0.07 %
National Thermal Power Corporation Limited Power 0.07 %
NIIT Technologies Ltd Software 0.07 %
Pidilite Industries Ltd. Chemicals 0.07 %
Rural Electrification Corporation Ltd Finance 0.07 %
Sun TV Network Ltd. Media and Entertainment 0.07 %
BEML Ltd Industrial Capital Goods 0.06 %
Bharat Forge Ltd. Industrial Products 0.06 %
Federal Bank Ltd. Banks 0.06 %
Hindustan Petroleum Corporation Ltd Petroleum Products 0.06 %
Mahanagar Gas Ltd Gas 0.06 %
National Aluminium Company Ltd Non - Ferrous Metals 0.06 %
Ultratech Cement Ltd. Cement 0.06 %
Berger Paints (I) Ltd. Consumer Non Durables 0.05 %
DLF Limited Construction 0.05 %
IndusInd Bank Ltd. Banks 0.05 %
Jubilant Foodworks Limited Consumer Non Durables 0.05 %
NMDC Ltd. Minerals/Mining 0.05 %
Oracle Financial Services Software Ltd Software 0.05 %
Power Finance Corporation Ltd. Finance 0.05 %
The Ramco Cements Ltd Cement 0.05 %
Adani Port and Special Economic Zone Limited Transportation 0.04 %
Apollo Hospitals Enterprises Ltd. Healthcare Services 0.04 %
Engineers India Ltd. Construction Project 0.04 %
Jain Irrigation Systems Ltd. Industrial Products 0.04 %
Marico Ltd. Consumer Non Durables 0.04 %
Power Grid Corporation Of India Ltd Power 0.04 %
Steel Authority of India Ltd. Ferrous Metals 0.04 %
Suzlon Energy Ltd. Industrial Capital Goods 0.04 %
Tata Power Co. Ltd. Power 0.04 %
Union Bank Of India Banks 0.04 %
Bharti Airtel Ltd. Telecom - Services 0.03 %
Birlasoft Ltd. Software 0.03 %
Indian Bank Banks 0.03 %
NBCC (India) Ltd Construction 0.03 %
Zee Entertainment Enterprises Ltd Media and Entertainment 0.03 %
Bosch Limited Auto Ancillaries 0.02 %
Godfrey Phillips India Ltd. Consumer Non Durables 0.02 %
Godrej Industries Ltd Consumer Non Durables 0.02 %
Hindustan Zinc Ltd. Non - Ferrous Metals 0.02 %
India Cements Ltd. Cement 0.02 %
IRB Infrastructure Developers Ltd Construction 0.02 %
JSW Steel Ltd. Ferrous Metals 0.02 %
Karnataka Bank Ltd Banks 0.02 %
Oil & Natural Gas Corporation Ltd. Oil 0.02 %
Bata India Ltd. Consumer Durables 0.01 %
Bharat Heavy Electricals Ltd. Industrial Capital Goods 0.01 %
Bharat Petroleum Corporation Ltd. Petroleum Products 0.01 %
Bharti Infratel Ltd. Telecom - Equipment & Accessories 0.01 %
GMR Infrastructure Ltd. Construction Project 0.01 %
HCL Technologies Ltd. Software 0.01 %
Oil India Limited Oil 0.01 %
Piramal Enterprises Limited Pharmaceuticals 0.01 %
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 0.01 %
Tata Global Beverages Limited Consumer Non Durables 0.01 %
United Spirits Ltd. Consumer Non Durables 0.01 %
Listed/Awaiting Listing on Stock Exchange - Total 65.21 %
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
Shriram Transport Finance Co Ltd. CRISIL AA+ 2.59 %
Reliable Devices Trust ( Underlying customer Reliance Retail ) ICRA AAA(SO) 1.51 %
L & T Finance Ltd. ICRA AAA 1.08 %
Kotak Mahindra Prime Ltd. CRISIL AAA 0.36 %
LIC Housing Finance Ltd. CRISIL AAA 0.36 %
Sundaram Finance Ltd. CRISIL AAA 0.33 %
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) ICRA AAA(SO) 0.18 %
Reliance Industries Ltd. CRISIL AAA 0.18 %
Corporate Debt/Financial Institutions - Total 6.59 %
Public Sector Undertakings
Power Finance Corporation Ltd. CRISIL AAA 5.51 %
National Bank for Agriculture & Rural Development CRISIL AAA 1.94 %
State Bank Of India. CRISIL AA+ 1.63 %
Rural Electrification Corporation Ltd. CRISIL AAA 1.26 %
Small Industries Development Bank Of India CARE AAA 1.25 %
Hindustan Petroleum Corporation Ltd. CRISIL AAA 0.91 %
Public Sector Undertakings - Total 12.5 %
Government Dated Securities
7.17% Central Government SOV 1.96 %
7.26% Central Government SOV 1.09 %
Government Dated Securities - Total 3.05 %
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Public Sector Undertakings
Oil And Natural Gas Corporation Ltd. ICRA A1+ 0.89 %
Rural Electrification Corporation Ltd. CRISIL A1+ 0.35 %
Public Sector Undertakings - Total 1.24 %
TERM DEPOSITS
HDFC Bank Ltd. 8.16 %
AU Small Finance Bank Ltd. 0.36 %
Term Deposits - Total 8.52 %
Triparty Repo 1.54 %
Net Current Assets/(Liabilities) 1.35 %
Detail holdings

Market Capitalisation

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Fund Vs Benchmark Returns

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Trailing Returns Since
Inception

Scheme Inception date is 10/08/2018. Mr. Harish Krishnan and Mr. Abhishek Bisen have been managing the fund since 10/08/2018. Mr. Arjun Khanna has been managing the fund since 09/05/2019. Different plans have different expense structure. Past performance may or may not be sustained in future. 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 investment made at inception. Source: ICRA MFI Explorer. 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).

As on -

See all funds managed by Mr. Harish Krishnan See all funds managed by Mr. Abhishek Bisen See all funds managed by Mr. Arjun Khanna

Click here to know the return of Lumpsum investment made since inception

If you had invested ` as on would have grown to `- as of i.e. -

Kotak Balanced Advantage FundVS

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Gold prices are available post 1st April, 2006 & are based on daily closing values on MCX. PPF interest rate is taken from (http://www.publicprovidentfund.com/) The Fixed deposit interest rate is based on RBI rate (https://rbi.org.in/) Scheme Return calculated on the basis of scheme NAV; Returns for PPF, FD, Gold are based on publicly available information. Source: AMFI website, PPF, RBI and MCX The above simulation is for illustration purpose only. While amount invested in traditional investment avenue has the highest safety for Principal invested, there is no assurance or guarantee of future performance of the scheme. Year-end balance has been arrived at by adding interest at the rates notified by the competent authorities from time to time. The comparison of Scheme Return vs PPF/FD/Gold has been given for the purpose of the general information only. Unlike other investment avenue referred above, investments in Mutual Funds are subject to market risks. Hence, the performances are not strictly comparable. Kotak Mahindra Asset Management Company Limited will not accept any liability/ responsibility/loss incurred on any investment decision taken on the basis of this information. Past performance may or may not be sustained in the future. Graph showing the number of times investment has increased/decreased in each asset class over the period. It should no way be construed as a recommendation or future outlook on the above mentioned stocks. Past performance of the scheme does not indicate the future performance of the schemes.

The above graph shows the movement of a specified amount vis-à-vis benchmark and additional benchmark in the specified time period (last business day of the selected month) chosen by the investor.

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In SEBI Format

CAGR since Inception 5 Year 3 Years 1 Years Current Value of `10,000
invested at inception

Scheme Inception date is 10/08/2018. Mr. Deepak Gupta, Mr. Harish Krishnan and Mr. Abhishek Bisen have been managing the fund since 10/08/2018. Different plans have different expense structure. Past performance may or may not be sustained in future. 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 investment made at inception. Source: ICRA MFI Explorer. 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).

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Let’s calculate your Dividend

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If you would have invested `

since inception, you would have earned` -as Dividend

and your current value of investment` -

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Dividend History

SUBMIT
Download Excel
Record date Cumulative
dividend
nav
(`/ unit )

Dividends declared from benchmark's constituents isn't taken into account when comparing with investment in scheme's dividend plans.

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.

Benchmark : NIFTY 50 Hybrid Composite Debt 50:50 Index

Allotment date : August 10, 2018

  • AUM : `2806.67 Cr

  • AAUM : `2717.16 Cr

Key ratiosas on 31 May, 2019

Portfolio turnover ratio 154.15%
$Standard Deviation NA
$Beta NA
$Sharpe Ratio ## NA
Modified duration 0.76 yrs
Average maturity 0.99
Yield to maturity 7.68
Tracking Error NA
Expense Ratio (Direct) ** 1.17%
Expense Ratio (Regular) ** 2.03%
Source: $ICRA MFI Explorer## Risk rate assumed to be NA (FBIL Overnight MIBOR rate as on NA)**Total Expense Ratio includes applicable B30 fee and GST.
Source: $ICRA MFI Explorer Standard Deviation is calculated on Annualised basis using 3 years history of the monthly returns.

This open ended fund Scheme is suitable for investors seeking

  1. Wealth creation over a long period of time
  2. Investment in equity, equity related securities & debt, money market instruments while managing risk through active allocation

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

    Available Plans/Options

    A) Regular Plan B) Direct Plan

    Options: Dividend Payout, DividendReinvestment & Growth (applicable for allplans)

    Minimum Investment Amount

    Initial Investment:`1000 and in multiple of `1 for purchase and for `0.01 for switches

    Additional Investment:`1000 & in multiples of `1

    Ideal Investments Horizon:3 Years and above

    Load Structure

    Entry Load:NIL

    Exit Load:

    • i) For redemption/switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.

    • i) If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment:1%.

    • iii) If units are redeemed or switched out on or after 1 year from the date of allotment: Nil.