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Kotak

Balanced Advantage Fund

NAV as on -
CAGR
Compound annual growth rate
since inception
Features
AUM
` 2637.98 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
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. 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 16.42 %
Finance 7.41 %
Consumer Non Durables 6.42 %
Petroleum Products 6.32 %
Software 5.51 %
Pharmaceuticals 5.28 %
Cement 2.99 %
Auto 2.77 %
REST 15.45 %
Sector % of net asset

Stocks

Stocks Industry Percentage of net asset
Equity & Equity related (Listed/Awaiting listing on Stock Exchange)
Non-Hedged
CNX NIFTY-APR2019 0 %
Reliance Industries Ltd. Petroleum Products 3.15 %
HDFC Bank Ltd. Banks 2.89 %
ICICI Bank Ltd. Banks 2.41 %
Axis Bank Ltd Banks 1.71 %
Infosys Ltd. Software 1.69 %
Kotak Mahindra Bank Ltd. Banks 1.41 %
ITC Ltd. Consumer Non Durables 1.24 %
HDFC Ltd. Finance 1.13 %
State Bank Of India Banks 1.11 %
Larsen And Toubro Ltd. Construction Project 0.99 %
Tata Consultancy Services Ltd. Software 0.79 %
Tech Mahindra Ltd. Software 0.71 %
APL Apollo Tubes Limited Ferrous Metals 0.69 %
Tata Steel Limited. Ferrous Metals 0.68 %
Mahindra & Mahindra Ltd. Auto 0.66 %
Bharat Financial Inclusion Limited Finance 0.65 %
Asian Paints Ltd. Consumer Non Durables 0.64 %
GAIL (India) Ltd. Gas 0.52 %
Shree Cement Ltd. Cement 0.52 %
Gujarat Gas Ltd Gas 0.49 %
Pfizer Ltd. Pharmaceuticals 0.49 %
Bharat Petroleum Corporation Ltd. Petroleum Products 0.45 %
Bharat Electronics Ltd Industrial Capital Goods 0.44 %
Lupin Ltd. Pharmaceuticals 0.44 %
Mahindra Lifespace Developers Ltd Construction 0.44 %
Container Corporation of India Ltd. Transportation 0.43 %
HDFC Standard Life Insurance Company Ltd Finance 0.43 %
Indraprastha Gas Ltd. Gas 0.43 %
Dabur India Ltd Consumer Non Durables 0.42 %
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 0.42 %
Ultratech Cement Ltd. Cement 0.42 %
ICICI Lombard General Insurance Company Ltd Finance 0.4 %
Motherson Sumi Systems Ltd. Auto Ancillaries 0.4 %
Cadila Healthcare Ltd. Pharmaceuticals 0.39 %
Sterlite Technologies Ltd Telecom - Equipment & Accessories 0.39 %
The Ramco Cements Ltd Cement 0.39 %
Bajaj Finance Limited Finance 0.36 %
Coromandel International Ltd. Fertilisers 0.34 %
Ashok Leyland Ltd. Auto 0.33 %
RBL Bank Ltd Banks 0.33 %
Bandhan Bank Limited Banks 0.32 %
Inter Globe Aviation Ltd Transportation 0.3 %
Sun TV Network Ltd. Media and Entertainment 0.3 %
Ratnamani Metals & Tubes Ltd. Ferrous Metals 0.29 %
Wipro Ltd. Software 0.29 %
Hindustan Zinc Ltd. Non - Ferrous Metals 0.28 %
Eicher Motors Ltd Auto 0.27 %
Supreme Industries Limited Industrial Products 0.27 %
AU Small Finance Bank Ltd. Banks 0.2 %
Edelweiss Financial Services Ltd Finance 0.19 %
GlaxoSmithkline Consumer Healthcare Ltd Consumer Non Durables 0.17 %
Maruti Suzuki India Limited Auto 0.16 %
Jubilant Foodworks Limited Consumer Non Durables 0.13 %
Hedged
Reliance Industries Ltd. Petroleum Products 2.69 %
Yes Bank Ltd Banks 1.91 %
Punjab National Bank Banks 1.81 %
Cadila Healthcare Ltd. Pharmaceuticals 1.47 %
Infosys Ltd. Software 1.47 %
ITC Ltd. Consumer Non Durables 1.36 %
Mahindra & Mahindra Ltd. Auto 0.86 %
Hindustan Unilever Ltd. Consumer Non Durables 0.82 %
HDFC Ltd. Finance 0.76 %
Indiabulls Housing Finance Ltd. Finance 0.74 %
Grasim Industries Ltd. Cement 0.71 %
Mahindra & Mahindra Financial Services Ltd. Finance 0.66 %
Adani Enterprises Ltd Trading 0.64 %
The South Indian Bank Ltd. Banks 0.63 %
NCC Limited Construction Project 0.6 %
Havells India Ltd. Consumer Durables 0.56 %
Bank Of Baroda Banks 0.51 %
Nestle India Ltd. Consumer Non Durables 0.5 %
ACC Ltd. Cement 0.47 %
Aurobindo Pharma Ltd. Pharmaceuticals 0.43 %
State Bank Of India Banks 0.43 %
Bajaj Finance Limited Finance 0.41 %
Can Fin Homes Ltd. Finance 0.36 %
Tech Mahindra Ltd. Software 0.36 %
Raymond Limited Textile Products 0.32 %
Jindal Steel & Power Ltd. Ferrous Metals 0.31 %
Strides Pharma Science Ltd Pharmaceuticals 0.31 %
Century Textiles & Industries Ltd. Cement 0.29 %
Dabur India Ltd Consumer Non Durables 0.29 %
Kajaria Ceramics Ltd. Construction 0.29 %
MRF Limited Auto Ancillaries 0.29 %
Tata Communications Ltd Telecom - Services 0.29 %
Bharat Financial Inclusion Limited Finance 0.27 %
Maruti Suzuki India Limited Auto 0.27 %
Reliance Power Ltd Power 0.25 %
Sun TV Network Ltd. Media and Entertainment 0.25 %
Wockhardt Ltd. Pharmaceuticals 0.24 %
Canara Bank Banks 0.23 %
CESC Ltd. Power 0.23 %
Divi s Laboratories Limited Pharmaceuticals 0.23 %
Dr Reddys Laboratories Ltd Pharmaceuticals 0.23 %
Equitas Holdings Ltd Finance 0.22 %
Manappuram Finance Ltd Finance 0.22 %
Union Bank Of India Banks 0.22 %
Vedanta Ltd. Non - Ferrous Metals 0.22 %
Bajaj Finserv Ltd. Finance 0.21 %
Colgate Palmolive (India ) Ltd. Consumer Non Durables 0.21 %
Glenmark Pharmaceuticals Ltd Pharmaceuticals 0.21 %
Shriram Transport Finance Co Ltd. Finance 0.21 %
Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.2 %
Jubilant Foodworks Limited Consumer Non Durables 0.18 %
Lupin Ltd. Pharmaceuticals 0.18 %
Asian Paints Ltd. Consumer Non Durables 0.17 %
Siemens Ltd. Industrial Capital Goods 0.16 %
Tata Motors Ltd - DVR Auto 0.15 %
Zee Entertainment Enterprises Ltd Media and Entertainment 0.15 %
Adani Port and Special Economic Zone Limited Transportation 0.14 %
Bank of India Banks 0.13 %
United Spirits Ltd. Consumer Non Durables 0.12 %
Bharat Forge Ltd. Industrial Products 0.11 %
Jain Irrigation Systems Ltd. Industrial Products 0.11 %
TV18 Broadcast Ltd Media and Entertainment 0.11 %
Britannia Industries Ltd. Consumer Non Durables 0.1 %
India Cements Ltd. Cement 0.1 %
Tata Power Co. Ltd. Power 0.1 %
Adani Power Ltd Power 0.09 %
Karnataka Bank Ltd Banks 0.09 %
L&T Finance Holdings Ltd Finance 0.09 %
Suzlon Energy Ltd. Industrial Capital Goods 0.09 %
Apollo Hospitals Enterprises Ltd. Healthcare Services 0.08 %
Ashok Leyland Ltd. Auto 0.07 %
Birlasoft Ltd. Software 0.07 %
CG Power and Industrial Solutions Limited Industrial Capital Goods 0.07 %
Petronet LNG Ltd. Gas 0.07 %
Tata Consultancy Services Ltd. Software 0.07 %
Amara Raja Batteries Ltd. Auto Ancillaries 0.06 %
Federal Bank Ltd. Banks 0.06 %
GAIL (India) Ltd. Gas 0.06 %
Reliance Infrastructure Ltd Power 0.06 %
Apollo Tyres Ltd. Auto Ancillaries 0.05 %
Mangalore Refinery And Petrochemicals Ltd. Petroleum Products 0.05 %
Page Industries Ltd Textile Products 0.05 %
SRF Ltd. Textile Products 0.05 %
Tata Chemicals Ltd. Chemicals 0.05 %
The Ramco Cements Ltd Cement 0.05 %
Ambuja Cements Ltd Cement 0.04 %
Bosch Limited Auto Ancillaries 0.04 %
Cholamandalam Investment and Finance Company Ltd Finance 0.04 %
DLF Limited Construction 0.04 %
Godrej Consumer Products Ltd. Consumer Non Durables 0.04 %
HCL Technologies Ltd. Software 0.04 %
LIC Housing Finance Ltd. Finance 0.04 %
Pidilite Industries Ltd. Chemicals 0.04 %
Container Corporation of India Ltd. Transportation 0.03 %
Exide Industries Ltd Auto Ancillaries 0.03 %
Steel Authority of India Ltd. Ferrous Metals 0.03 %
BEML Ltd Industrial Capital Goods 0.02 %
Berger Paints (I) Ltd. Consumer Non Durables 0.02 %
Bharat Heavy Electricals Ltd. Industrial Capital Goods 0.02 %
Cummins India Ltd. Industrial Products 0.02 %
IDBI Bank Ltd. Banks 0.02 %
IRB Infrastructure Developers Ltd Construction 0.02 %
JSW Steel Ltd. Ferrous Metals 0.02 %
Repco Home Finance Limited. Finance 0.02 %
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 0.02 %
Tata Elxsi Ltd. Software 0.02 %
Bharti Infratel Ltd. Telecom - Equipment & Accessories 0.01 %
Biocon Ltd. Pharmaceuticals 0.01 %
Development Credit Bank Ltd. Banks 0.01 %
GMR Infrastructure Ltd. Construction Project 0.01 %
Godfrey Phillips India Ltd. Consumer Non Durables 0.01 %
Hero MotoCorp Ltd. Auto 0.01 %
IDFC Limited Finance 0.01 %
IFCI Ltd. Finance 0.01 %
Marico Ltd. Consumer Non Durables 0.01 %
MindTree Ltd. Software 0.01 %
Oracle Financial Services Software Ltd Software 0.01 %
Tata Global Beverages Limited Consumer Non Durables 0.01 %
Tata Steel Limited. Ferrous Metals 0.01 %
Listed/Awaiting Listing on Stock Exchange - Total 67.14 %
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
Reliance Jio Infocomm Ltd. CRISIL AAA 3.69 %
HDFC Ltd. CRISIL AAA 3.16 %
Shriram Transport Finance Co Ltd. CRISIL AA+ 2.96 %
Reliable Devices Trust ( Underlying customer Reliance Retail ) ICRA AAA(SO) 1.58 %
L & T Finance Ltd. ICRA AAA 1.14 %
Kotak Mahindra Prime Ltd. CRISIL AAA 0.38 %
Sundaram Finance Ltd. CRISIL AAA 0.35 %
Reliance Industries Ltd. CRISIL AAA 0.19 %
Corporate Debt/Financial Institutions - Total 13.45 %
Public Sector Undertakings
Power Finance Corporation Ltd. CRISIL AAA 2.7 %
State Bank Of India. CRISIL AA+ 2.68 %
Vijaya Bank ICRA AA- 1.42 %
Indian Railway Finance Corporation Ltd. CRISIL AAA 0.78 %
Power Grid Corporation of India Ltd. CRISIL AAA 0.37 %
National Bank for Agriculture & Rural Development CRISIL AAA 0.11 %
Public Sector Undertakings - Total 8.06 %
TERM DEPOSITS
HDFC Bank Ltd. 5.1 %
RBL Bank Ltd. 2.77 %
AU Small Finance Bank Ltd. 0.38 %
Term Deposits - Total 8.25 %
Triparty Repo 1.67 %
Net Current Assets/(Liabilities) 1.43 %
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 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 : `2637.98 Cr

  • AAUM : `2586.44 Cr

Key ratiosas on 31 Mar, 2019

Portfolio turnover ratio 92.48%
$Standard Deviation NA
$Beta NA
$Sharpe Ratio ## NA
Modified duration 0.61 yrs
Average maturity 0.87
Yield to maturity 8.2
Tracking Error NA
Expense Ratio (Direct) ** 1.22%
Expense Ratio (Regular) ** 2.41%
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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