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Kotak

Balanced Advantage Fund

NAV as on -
CAGR
Compound annual growth rate
since inception
Features
AUM
` 2901.84 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).
  • 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 16.2 %
Finance 6.33 %
Petroleum Products 6.14 %
Consumer Non Durables 5.89 %
Pharmaceuticals 3.48 %
Auto 2.66 %
Cement 2.57 %
REST 16.87 %
Sector % of net asset

Stocks

Stocks Industry Percentage of net asset
Equity & Equity related (Listed/Awaiting listing on Stock Exchange)
Non-Hedged
CNX NIFTY-AUG2019 0 %
Hindustan Unilever Ltd. Consumer Non Durables 0 %
HDFC Bank Ltd. Banks 2.94 %
Reliance Industries Ltd. Petroleum Products 2.78 %
ICICI Bank Ltd. Banks 2.64 %
Infosys Ltd. Software 2.09 %
HDFC Ltd. Finance 1.58 %
Larsen And Toubro Ltd. Construction Project 1.58 %
Axis Bank Ltd Banks 1.51 %
Kotak Mahindra Bank Ltd. Banks 1.46 %
Tata Consultancy Services Ltd. Software 1.29 %
State Bank Of India Banks 1.21 %
ITC Ltd. Consumer Non Durables 1.06 %
Asian Paints Ltd. Consumer Non Durables 0.75 %
Rail Vikas Nigam Limited. Construction 0.74 %
National Thermal Power Corporation Limited Power 0.7 %
Bharat Petroleum Corporation Ltd. Petroleum Products 0.69 %
Maruti Suzuki India Limited Auto 0.67 %
Bharat Electronics Ltd Industrial Capital Goods 0.6 %
Cadila Healthcare Ltd. Pharmaceuticals 0.59 %
Container Corporation of India Ltd. Transportation 0.58 %
ICICI Lombard General Insurance Company Ltd Finance 0.56 %
Tata Steel Limited. Ferrous Metals 0.56 %
Dabur India Ltd Consumer Non Durables 0.54 %
HDFC Standard Life Insurance Company Ltd Finance 0.54 %
Pfizer Ltd. Pharmaceuticals 0.52 %
Shree Cement Ltd. Cement 0.52 %
Indraprastha Gas Ltd. Gas 0.51 %
APL Apollo Tubes Limited Ferrous Metals 0.49 %
Inter Globe Aviation Ltd Transportation 0.47 %
Coromandel International Ltd. Fertilisers 0.46 %
Mahindra Lifespace Developers Ltd Construction 0.45 %
Persistent Systems Limited Software 0.45 %
Ultratech Cement Ltd. Cement 0.45 %
AU Small Finance Bank Ltd. Banks 0.44 %
Eicher Motors Ltd Auto 0.43 %
Gujarat Gas Ltd Gas 0.43 %
Mahindra & Mahindra Financial Services Ltd. Finance 0.43 %
Schaeffler India Ltd Industrial Products 0.43 %
Bajaj Finance Limited Finance 0.42 %
Hindustan Zinc Ltd. Non - Ferrous Metals 0.41 %
Motherson Sumi Systems Ltd. Auto Ancillaries 0.39 %
Supreme Industries Limited Industrial Products 0.37 %
Tech Mahindra Ltd. Software 0.37 %
Gruh Finance Ltd. Finance 0.35 %
The Ramco Cements Ltd Cement 0.33 %
Ratnamani Metals & Tubes Ltd. Ferrous Metals 0.29 %
RBL Bank Ltd Banks 0.23 %
GlaxoSmithkline Consumer Healthcare Ltd Consumer Non Durables 0.06 %
Hedged
Reliance Industries Ltd. Petroleum Products 2.36 %
IndusInd Bank Ltd. Banks 1.59 %
ITC Ltd. Consumer Non Durables 1.52 %
Tech Mahindra Ltd. Software 1.16 %
HDFC Bank Ltd. Banks 1.15 %
Axis Bank Ltd Banks 0.91 %
Mahindra & Mahindra Ltd. Auto 0.91 %
Punjab National Bank Banks 0.81 %
Grasim Industries Ltd. Cement 0.78 %
Infosys Ltd. Software 0.76 %
Larsen And Toubro Ltd. Construction Project 0.74 %
Coal India Ltd. Minerals/Mining 0.66 %
Cadila Healthcare Ltd. Pharmaceuticals 0.65 %
Nestle India Ltd. Consumer Non Durables 0.62 %
Dr Reddys Laboratories Ltd Pharmaceuticals 0.6 %
Mahindra & Mahindra Financial Services Ltd. Finance 0.59 %
State Bank Of India Banks 0.59 %
Hindustan Unilever Ltd. Consumer Non Durables 0.53 %
Adani Power Ltd Power 0.52 %
Bajaj Finserv Ltd. Finance 0.5 %
Adani Enterprises Ltd Trading 0.46 %
Tata Consultancy Services Ltd. Software 0.44 %
Yes Bank Ltd Banks 0.44 %
Bajaj Finance Limited Finance 0.4 %
Marico Ltd. Consumer Non Durables 0.38 %
Tata Steel Limited. Ferrous Metals 0.33 %
GAIL (India) Ltd. Gas 0.3 %
Aurobindo Pharma Ltd. Pharmaceuticals 0.29 %
Dish TV India Ltd. Media and Entertainment 0.29 %
Maruti Suzuki India Limited Auto 0.26 %
Shriram Transport Finance Co Ltd. Finance 0.26 %
Titan Company Ltd. Consumer Durables 0.25 %
Cipla Ltd. Pharmaceuticals 0.22 %
Godrej Consumer Products Ltd. Consumer Non Durables 0.22 %
HDFC Ltd. Finance 0.21 %
Jindal Steel & Power Ltd. Ferrous Metals 0.21 %
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 0.21 %
Bank Of Baroda Banks 0.2 %
Vedanta Ltd. Non - Ferrous Metals 0.2 %
Zee Entertainment Enterprises Ltd Media and Entertainment 0.2 %
Apollo Hospitals Enterprises Ltd. Healthcare Services 0.19 %
Divi s Laboratories Limited Pharmaceuticals 0.19 %
Escorts Ltd. Auto 0.19 %
Bharat Petroleum Corporation Ltd. Petroleum Products 0.18 %
Manappuram Finance Ltd Finance 0.18 %
Container Corporation of India Ltd. Transportation 0.16 %
JSW Steel Ltd. Ferrous Metals 0.15 %
Muthoot Finance Ltd Finance 0.15 %
Glenmark Pharmaceuticals Ltd Pharmaceuticals 0.14 %
Pidilite Industries Ltd. Chemicals 0.14 %
Bharti Airtel Ltd. Telecom - Services 0.13 %
Exide Industries Ltd Auto Ancillaries 0.13 %
Hindustan Petroleum Corporation Ltd Petroleum Products 0.13 %
NCC Limited Construction Project 0.13 %
Power Finance Corporation Ltd. Finance 0.13 %
Century Textiles & Industries Ltd. Cement 0.12 %
Havells India Ltd. Consumer Durables 0.12 %
Motherson Sumi Systems Ltd. Auto Ancillaries 0.12 %
Tata Elxsi Ltd. Software 0.12 %
Ultratech Cement Ltd. Cement 0.12 %
Bharti Infratel Ltd. Telecom - Equipment & Accessories 0.11 %
Dabur India Ltd Consumer Non Durables 0.11 %
Petronet LNG Ltd. Gas 0.11 %
Raymond Limited Textile Products 0.11 %
Siemens Ltd. Industrial Capital Goods 0.11 %
CESC Ltd. Power 0.1 %
Shree Cement Ltd. Cement 0.1 %
Vodafone Idea Ltd Telecom - Services 0.09 %
ACC Ltd. Cement 0.08 %
Hindustan Zinc Ltd. Non - Ferrous Metals 0.08 %
RBL Bank Ltd Banks 0.08 %
Ambuja Cements Ltd Cement 0.07 %
Hero MotoCorp Ltd. Auto 0.07 %
Oracle Financial Services Software Ltd Software 0.07 %
Tata Motors Ltd - DVR Auto 0.07 %
Bajaj Auto Ltd. Auto 0.06 %
Kajaria Ceramics Ltd. Construction 0.06 %
Tata Chemicals Ltd. Chemicals 0.06 %
Wipro Ltd. Software 0.06 %
Mahanagar Gas Ltd Gas 0.05 %
NMDC Ltd. Minerals/Mining 0.05 %
UPL Ltd Pesticides 0.05 %
Bharat Electronics Ltd Industrial Capital Goods 0.04 %
DLF Limited Construction 0.04 %
Lupin Ltd. Pharmaceuticals 0.04 %
SRF Ltd. Textile Products 0.04 %
Strides Pharma Science Ltd Pharmaceuticals 0.04 %
Tata Power Co. Ltd. Power 0.04 %
Apollo Tyres Ltd. Auto Ancillaries 0.03 %
Bharat Heavy Electricals Ltd. Industrial Capital Goods 0.03 %
Britannia Industries Ltd. Consumer Non Durables 0.03 %
Max Financial Services Ltd. Finance 0.03 %
Sun TV Network Ltd. Media and Entertainment 0.03 %
United Spirits Ltd. Consumer Non Durables 0.03 %
Asian Paints Ltd. Consumer Non Durables 0.02 %
Birlasoft Ltd. Software 0.02 %
Bosch Limited Auto Ancillaries 0.02 %
National Thermal Power Corporation Limited Power 0.02 %
Union Bank Of India Banks 0.02 %
Colgate Palmolive (India ) Ltd. Consumer Non Durables 0.01 %
Engineers India Ltd. Construction Project 0.01 %
GMR Infrastructure Ltd. Construction Project 0.01 %
Oil & Natural Gas Corporation Ltd. Oil 0.01 %
Torrent Power Ltd Power 0.01 %
Listed/Awaiting Listing on Stock Exchange - Total 66.32 %
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
Bajaj Finance Ltd. CRISIL AAA 3.49 %
Shriram Transport Finance Co Ltd. CRISIL AA+ 2.45 %
Reliable Devices Trust ( Underlying customer Reliance Retail ) ICRA AAA(SO) 1.49 %
L & T Finance Ltd. ICRA AAA 1.05 %
Kotak Mahindra Prime Ltd. CRISIL AAA 0.35 %
LIC Housing Finance Ltd. CRISIL AAA 0.35 %
Sundaram Finance Ltd. CRISIL AAA 0.33 %
Corporate Debt/Financial Institutions - Total 9.51 %
Public Sector Undertakings
Power Finance Corporation Ltd. CRISIL AAA 4.41 %
Rural Electrification Corporation Ltd. CRISIL AAA 2.9 %
Indian Railway Finance Corporation Ltd. CRISIL AAA 2.59 %
National Bank for Agriculture & Rural Development CRISIL AAA 2.14 %
State Bank Of India. CRISIL AA+ 1.61 %
Public Sector Undertakings - Total 13.65 %
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Public Sector Undertakings
Rural Electrification Corporation Ltd. CRISIL A1+ 0.34 %
Public Sector Undertakings - Total 0.34 %
TERM DEPOSITS
HDFC Bank Ltd. 8.07 %
AU Small Finance Bank Ltd. 0.34 %
Term Deposits - Total 8.41 %
Triparty Repo 1.48 %
Net Current Assets/(Liabilities) 0.29 %
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 : `2901.84 Cr

  • AAUM : `2897.99 Cr

Key ratiosas on 31 Jul, 2019

Portfolio turnover ratio 121.27%
$Standard Deviation NA
$Beta NA
$Sharpe Ratio ## NA
Modified duration 0.93 yrs
Average maturity 1.32
Yield to maturity 7.79
Tracking Error NA
Expense Ratio (Direct) ** 1.11%
Expense Ratio (Regular) ** 2.07%
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.