Kotak

Balanced Advantage Fund

NAV as on -
CAGR
Compound annual growth rate
since inception
Features
AUM
` 2258.84 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).

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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
1 Year
Last
3 Years
Last
5 Years

For performance in SEBI format please refer performance section.

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).

Sector Allocation

Sector % of net asset
Banks 15.65 %
Software 8.46 %
Finance 6.95 %
Petroleum Products 4.8 %
Consumer Non Durables 4.75 %
Auto 4.56 %
Pharmaceuticals 4.35 %
Cement 2.75 %
REST 23.09 %
Sector % of net asset

Stocks

Stocks Industry Percentage of net asset
Non-Hedged
Reliance Industries Ltd. Petroleum Products 4.07 %
HDFC Bank Ltd. Banks 3.26 %
Infosys Ltd. Software 2.2 %
ICICI Bank Ltd. Banks 2.04 %
Tata Consultancy Services Ltd. Software 1.97 %
HDFC Ltd. Finance 1.85 %
ITC Ltd. Consumer Non Durables 1.76 %
Axis Bank Ltd Banks 1.65 %
Bharat Financial Inclusion Limited Finance 1.59 %
Larsen And Toubro Ltd. Construction Project 1.34 %
Mahindra & Mahindra Ltd. Auto 1.28 %
Tech Mahindra Ltd. Software 1.26 %
State Bank Of India Banks 1.19 %
Maruti Suzuki India Limited Auto 1.16 %
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 1.07 %
Dabur India Ltd Consumer Non Durables 1.02 %
Ultratech Cement Ltd. Cement 0.9 %
Shree Cement Ltd. Cement 0.75 %
The Ramco Cements Ltd Cement 0.71 %
Asian Paints Ltd. Consumer Non Durables 0.7 %
Ashok Leyland Ltd. Auto 0.65 %
Lupin Ltd. Pharmaceuticals 0.65 %
Hindustan Zinc Ltd. Non - Ferrous Metals 0.64 %
APL Apollo Tubes Limited Ferrous Metals 0.63 %
Indraprastha Gas Ltd. Gas 0.61 %
Motherson Sumi Systems Ltd. Auto Ancillaries 0.6 %
Wipro Ltd. Software 0.6 %
RBL Bank Ltd Banks 0.59 %
Coromandel International Ltd. Fertilisers 0.56 %
Gujarat Gas Company Ltd Gas 0.55 %
Bandhan Bank Limited Banks 0.5 %
GAIL (India) Ltd. Gas 0.46 %
ICICI Lombard General Insurance Company Ltd Finance 0.46 %
Pfizer Ltd. Pharmaceuticals 0.45 %
CNX NIFTY-DEC2018 0 %
Bajaj Finance Limited Finance 0.42 %
Sun TV Network Ltd. Media and Entertainment 0.41 %
Inter Globe Aviation Ltd Transportation 0.4 %
Mahindra Lifespace Developers Ltd Construction 0.28 %
Edelweiss Financial Services Ltd Finance 0.26 %
Supreme Industries Limited Industrial Products 0.14 %
GlaxoSmithkline Consumer Healthcare Ltd Consumer Non Durables 0.13 %
Hedged
Punjab National Bank Banks 2.25 %
Yes Bank Ltd Banks 1.93 %
NCC Limited Construction Project 0.84 %
Indiabulls Housing Finance Ltd. Finance 0.8 %
Infosys Ltd. Software 0.76 %
Tata Motors Ltd - DVR Auto 0.7 %
Strides Pharma Science Ltd Pharmaceuticals 0.69 %
Tata Consultancy Services Ltd. Software 0.66 %
Indian Bank Banks 0.6 %
Adani Enterprises Ltd Trading 0.59 %
Escorts Ltd. Auto 0.58 %
Reliance Industries Ltd. Petroleum Products 0.55 %
Vodafone Idea Ltd Telecom - Services 0.53 %
Raymond Limited Textile Products 0.52 %
Bank Of Baroda Banks 0.48 %
National Aluminium Company Ltd Non - Ferrous Metals 0.47 %
Mahanagar Gas Ltd Gas 0.46 %
KPIT Technologies LImited Software 0.44 %
Cadila Healthcare Ltd. Pharmaceuticals 0.43 %
Aurobindo Pharma Ltd. Pharmaceuticals 0.42 %
GMR Infrastructure Ltd. Construction Project 0.33 %
HDFC Ltd. Finance 0.32 %
Reliance Infrastructure Ltd Power 0.32 %
Bharat Forge Ltd. Industrial Products 0.29 %
State Bank Of India Banks 0.28 %
Grasim Industries Ltd. Cement 0.27 %
Adani Power Ltd Power 0.26 %
Axis Bank Ltd Banks 0.26 %
Dabur India Ltd Consumer Non Durables 0.24 %
Sun TV Network Ltd. Media and Entertainment 0.23 %
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 0.22 %
Bajaj Finance Limited Finance 0.2 %
Bajaj Finserv Ltd. Finance 0.19 %
Mahindra & Mahindra Financial Services Ltd. Finance 0.19 %
Manappuram Finance Ltd Finance 0.19 %
Nestle India Ltd. Consumer Non Durables 0.19 %
Kajaria Ceramics Ltd. Construction 0.18 %
Bank of India Banks 0.17 %
MRF Limited Auto Ancillaries 0.17 %
Wipro Ltd. Software 0.17 %
Dr Reddys Laboratories Ltd Pharmaceuticals 0.16 %
IRB Infrastructure Developers Ltd Construction 0.16 %
Ashok Leyland Ltd. Auto 0.15 %
Capital First Ltd Finance 0.15 %
Jain Irrigation Systems Ltd. Industrial Products 0.14 %
Steel Authority of India Ltd. Ferrous Metals 0.14 %
Union Bank Of India Banks 0.14 %
Glenmark Pharmaceuticals Ltd Pharmaceuticals 0.13 %
UPL Ltd Pesticides 0.13 %
Canara Bank Banks 0.12 %
Shree Cement Ltd. Cement 0.12 %
United Spirits Ltd. Consumer Non Durables 0.12 %
DLF Limited Construction 0.11 %
ITC Ltd. Consumer Non Durables 0.11 %
Karnataka Bank Ltd Banks 0.11 %
Tech Mahindra Ltd. Software 0.11 %
Chennai Petroleum Corporation Ltd Petroleum Products 0.1 %
Marico Ltd. Consumer Non Durables 0.1 %
Adani Port and Special Economic Zone Limited Transportation 0.09 %
Britannia Industries Ltd. Consumer Non Durables 0.09 %
HCL Technologies Ltd. Software 0.09 %
Reliance Capital Ltd. Finance 0.09 %
Tata Elxsi Ltd. Software 0.09 %
Wockhardt Ltd. Pharmaceuticals 0.09 %
Godrej Industries Ltd Consumer Non Durables 0.08 %
Shriram Transport Finance Co Ltd. Finance 0.08 %
Century Textiles & Industries Ltd. Textile 0.07 %
Container Corporation of India Ltd. Transportation 0.07 %
Hindustan Unilever Ltd. Consumer Non Durables 0.07 %
ICICI Prudential Life Insurance Company Ltd Finance 0.07 %
NIIT Technologies Ltd Software 0.07 %
Apollo Hospitals Enterprises Ltd. Healthcare Services 0.06 %
Apollo Tyres Ltd. Auto Ancillaries 0.06 %
Godrej Consumer Products Ltd. Consumer Non Durables 0.06 %
Mangalore Refinery And Petrochemicals Ltd. Petroleum Products 0.06 %
Titan Company Ltd. Consumer Durables 0.06 %
Asian Paints Ltd. Consumer Non Durables 0.05 %
Hindalco Industries Ltd Non - Ferrous Metals 0.05 %
Suzlon Energy Ltd. Industrial Capital Goods 0.05 %
Balkrishna Industries Ltd Auto Ancillaries 0.04 %
CESC Ltd. Power 0.04 %
Cipla Ltd. Pharmaceuticals 0.04 %
Equitas Holdings Ltd Finance 0.04 %
GAIL (India) Ltd. Gas 0.04 %
Petronet LNG Ltd. Gas 0.04 %
Tata Power Co. Ltd. Power 0.04 %
Tata Steel Limited. Ferrous Metals 0.04 %
Bharti Airtel Ltd. Telecom - Services 0.03 %
IDBI Bank Ltd. Banks 0.03 %
Mahindra & Mahindra Ltd. Auto 0.03 %
MindTree Ltd. Software 0.03 %
Power Grid Corporation Of India Ltd Power 0.03 %
Bharti Infratel Ltd. Telecom - Equipment & Accessories 0.02 %
Federal Bank Ltd. Banks 0.02 %
Godfrey Phillips India Ltd. Consumer Non Durables 0.02 %
Havells India Ltd. Consumer Durables 0.02 %
Hindustan Petroleum Corporation Ltd Petroleum Products 0.02 %
JSW Steel Ltd. Ferrous Metals 0.02 %
PVR Ltd Media and Entertainment 0.02 %
Ujjivan Financial Services Ltd Finance 0.02 %
Zee Entertainment Enterprises Ltd Media and Entertainment 0.02 %
Bharat Financial Inclusion Limited Finance 0.01 %
Can Fin Homes Ltd. Finance 0.01 %
Engineers India Ltd. Construction Project 0.01 %
Hero MotoCorp Ltd. Auto 0.01 %
IDFC Bank Limited Banks 0.01 %
IDFC Limited Finance 0.01 %
Larsen And Toubro Ltd. Construction Project 0.01 %
Maruti Suzuki India Limited Auto 0.01 %
NMDC Ltd. Minerals/Mining 0.01 %
Oracle Financial Services Software Ltd Software 0.01 %
SRF Ltd. Textile Products 0.01 %
Syndicate Bank Banks 0.01 %
Tata Chemicals Ltd. Chemicals 0.01 %
The South Indian Bank Ltd. Banks 0.01 %
United Breweries Ltd. Consumer Non Durables 0.01 %
Listed/Awaiting Listing on Stock Exchange - Total 65.73 %
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. 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).

As on -

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

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 1 Year 3 Years 5 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 : `2258.84 Cr

  • AAUM : `2197.7 Cr

Key ratiosas on 30 Nov, 2018

Portfolio turnover ratio 45%
$Standard Deviation NA
$Beta NA
$Sharpe Ratio ## NA
Modified duration 0.31 yrs
Average maturity 0.53
Yield to maturity 7.95
Tracking Error NA
Expense Ratio (Direct) ** 1.21%
Expense Ratio (Regular) ** 2.23%
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.

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