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Kotak

Balanced Advantage Fund

NAV as on -
CAGR
Compound annual growth rate
since inception
Features
AUM
` 2972.16 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 16.82 %
Petroleum Products 8.17 %
Finance 8.79 %
Software 7.76 %
Pharmaceuticals 3.2 %
Auto 2.6 %
REST 18.72 %
Sector % of net asset

Stocks

Stocks Industry Percentage of net asset
Equity & Equity related (Listed/Awaiting listing on Stock Exchange)
Non-Hedged
CNX BANK INDEX-OCT2019 0 %
CNX NIFTY-OCT2019 0 %
Page Industries Ltd-OCT2019 0 %
Rural Electrification Corporation Ltd-OCT2019 0 %
HDFC Bank Ltd. Banks 3.52 %
ICICI Bank Ltd. Banks 3.38 %
Reliance Industries Ltd. Petroleum Products 3.35 %
Infosys Ltd. Software 2.48 %
Axis Bank Ltd Banks 2.05 %
Larsen And Toubro Ltd. Construction Project 1.97 %
HDFC Ltd. Finance 1.91 %
Tata Consultancy Services Ltd. Software 1.57 %
Kotak Mahindra Bank Ltd. Banks 1.54 %
State Bank Of India Banks 1.2 %
Bharat Petroleum Corporation Ltd. Petroleum Products 1.15 %
ITC Ltd. Consumer Non Durables 1.03 %
Container Corporation of India Ltd. Transportation 0.98 %
Asian Paints Ltd. Consumer Non Durables 0.97 %
Maruti Suzuki India Limited Auto 0.95 %
Coromandel International Ltd. Fertilisers 0.76 %
Bharat Electronics Ltd Industrial Capital Goods 0.74 %
Gruh Finance Ltd. Finance 0.74 %
Rail Vikas Nigam Limited. Construction 0.74 %
Inter Globe Aviation Ltd Transportation 0.73 %
Tech Mahindra Ltd. Software 0.68 %
Pfizer Ltd. Pharmaceuticals 0.67 %
HDFC Standard Life Insurance Company Ltd Finance 0.64 %
Ultratech Cement Ltd. Cement 0.61 %
Bajaj Finance Limited Finance 0.59 %
Cadila Healthcare Ltd. Pharmaceuticals 0.59 %
Schaeffler India Ltd Industrial Products 0.58 %
Eicher Motors Ltd Auto 0.56 %
APL Apollo Tubes Limited Ferrous Metals 0.53 %
Hindustan Zinc Ltd. Non - Ferrous Metals 0.53 %
Mahindra Lifespace Developers Ltd Construction 0.53 %
National Thermal Power Corporation Limited Power 0.53 %
AU Small Finance Bank Ltd. Banks 0.52 %
Indraprastha Gas Ltd. Gas 0.52 %
Shree Cement Ltd. Cement 0.52 %
ICICI Lombard General Insurance Company Ltd Finance 0.51 %
Motherson Sumi Systems Ltd. Auto Ancillaries 0.51 %
Mahindra & Mahindra Financial Services Ltd. Finance 0.49 %
Persistent Systems Limited Software 0.48 %
Max Financial Services Ltd. Finance 0.46 %
Tata Steel Limited. Ferrous Metals 0.46 %
Hindustan Unilever Ltd. Consumer Non Durables 0.45 %
Gujarat Gas Ltd Gas 0.42 %
Supreme Industries Limited Industrial Products 0.42 %
The Ramco Cements Ltd Cement 0.41 %
Dabur India Ltd Consumer Non Durables 0.32 %
Ratnamani Metals & Tubes Ltd. Ferrous Metals 0.31 %
Nestle India Ltd. Consumer Non Durables 0.23 %
RBL Bank Ltd Banks 0.19 %
Affle (India) Ltd. Software 0.13 %
GlaxoSmithkline Consumer Healthcare Ltd Consumer Non Durables 0.06 %
Non-Hedged- Total 46.21 %
Hedged
Reliance Industries Ltd. Petroleum Products 3.43 %
IndusInd Bank Ltd. Banks 1.71 %
ITC Ltd. Consumer Non Durables 1.59 %
HDFC Ltd. Finance 1.16 %
Tech Mahindra Ltd. Software 0.98 %
Mahindra & Mahindra Ltd. Auto 0.93 %
Axis Bank Ltd Banks 0.85 %
Grasim Industries Ltd. Cement 0.81 %
Nestle India Ltd. Consumer Non Durables 0.77 %
Tata Consultancy Services Ltd. Software 0.64 %
Mahindra & Mahindra Financial Services Ltd. Finance 0.63 %
State Bank Of India Banks 0.6 %
Cadila Healthcare Ltd. Pharmaceuticals 0.59 %
Infosys Ltd. Software 0.59 %
Coal India Ltd. Minerals/Mining 0.57 %
Dr Reddys Laboratories Ltd Pharmaceuticals 0.56 %
Bajaj Finserv Ltd. Finance 0.54 %
Adani Enterprises Ltd Trading 0.51 %
Punjab National Bank Banks 0.47 %
Marico Ltd. Consumer Non Durables 0.46 %
Bajaj Finance Limited Finance 0.44 %
Larsen And Toubro Ltd. Construction Project 0.42 %
Adani Power Ltd Power 0.38 %
GAIL (India) Ltd. Gas 0.37 %
Hindustan Unilever Ltd. Consumer Non Durables 0.36 %
HDFC Bank Ltd. Banks 0.33 %
Shriram Transport Finance Co Ltd. Finance 0.28 %
JSW Steel Ltd. Ferrous Metals 0.27 %
Manappuram Finance Ltd Finance 0.27 %
Dish TV India Ltd. Media and Entertainment 0.26 %
ICICI Bank Ltd. Banks 0.26 %
Asian Paints Ltd. Consumer Non Durables 0.23 %
Aurobindo Pharma Ltd. Pharmaceuticals 0.22 %
Jindal Steel & Power Ltd. Ferrous Metals 0.21 %
Divi s Laboratories Limited Pharmaceuticals 0.19 %
Petronet LNG Ltd. Gas 0.18 %
Bank Of Baroda Banks 0.17 %
Glenmark Pharmaceuticals Ltd Pharmaceuticals 0.17 %
Container Corporation of India Ltd. Transportation 0.14 %
Exide Industries Ltd Auto Ancillaries 0.13 %
Vedanta Ltd. Non - Ferrous Metals 0.13 %
Bharat Petroleum Corporation Ltd. Petroleum Products 0.12 %
Adani Port and Special Economic Zone Limited Transportation 0.11 %
Hindustan Petroleum Corporation Ltd Petroleum Products 0.11 %
Tata Elxsi Ltd. Software 0.11 %
ACC Ltd. Cement 0.1 %
Bharat Heavy Electricals Ltd. Industrial Capital Goods 0.1 %
Godrej Consumer Products Ltd. Consumer Non Durables 0.1 %
Oil India Limited Oil 0.1 %
Tata Steel Limited. Ferrous Metals 0.1 %
Cipla Ltd. Pharmaceuticals 0.09 %
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 0.09 %
L&T Finance Holdings Ltd Finance 0.08 %
Motherson Sumi Systems Ltd. Auto Ancillaries 0.08 %
Max Financial Services Ltd. Finance 0.07 %
NCC Limited Construction Project 0.07 %
Tata Chemicals Ltd. Chemicals 0.07 %
Britannia Industries Ltd. Consumer Non Durables 0.06 %
DLF Limited Construction 0.06 %
HCL Technologies Ltd. Software 0.06 %
Hero MotoCorp Ltd. Auto 0.06 %
Pidilite Industries Ltd. Chemicals 0.06 %
Tata Motors Ltd - DVR Auto 0.06 %
Bharti Infratel Ltd. Telecom - Equipment & Accessories 0.05 %
CESC Ltd. Power 0.04 %
SRF Ltd. Textile Products 0.04 %
Tata Motors Ltd. Auto 0.04 %
UPL Ltd Pesticides 0.04 %
Vodafone Idea Ltd Telecom - Services 0.04 %
Canara Bank Banks 0.03 %
Dabur India Ltd Consumer Non Durables 0.03 %
United Spirits Ltd. Consumer Non Durables 0.03 %
Bharti Airtel Ltd. Telecom - Services 0.02 %
Biocon Ltd. Pharmaceuticals 0.02 %
Castrol (India ) Ltd. Petroleum Products 0.02 %
Hexaware Technologies Ltd. Software 0.02 %
Oil & Natural Gas Corporation Ltd. Oil 0.02 %
Strides Pharma Science Ltd Pharmaceuticals 0.02 %
Wipro Ltd. Software 0.02 %
Ambuja Cements Ltd Cement 0.01 %
GMR Infrastructure Ltd. Construction Project 0.01 %
Steel Authority of India Ltd. Ferrous Metals 0.01 %
Sun TV Network Ltd. Media and Entertainment 0.01 %
Tata Global Beverages Limited Consumer Non Durables 0.01 %
Torrent Power Ltd Power 0.01 %
Union Bank Of India Banks 0.01 %
Zee Entertainment Enterprises Ltd Media and Entertainment 0.01 %
Hedged - Total 26.22 %
Listed/Awaiting Listing on Stock Exchange - Total 72.43 %
Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
Reliable Devices Trust ( Underlying customer Reliance Retail ) ICRA AAA(SO) 1.48 %
L & T Finance Ltd. ICRA AAA 1.01 %
Sundaram Finance Ltd. CRISIL AAA 0.01 %
Corporate Debt/Financial Institutions - Total 2.5 %
Public Sector Undertakings
Indian Railway Finance Corporation Ltd. CRISIL AAA 3.65 %
Power Finance Corporation Ltd. CRISIL AAA 3.5 %
Rural Electrification Corporation Ltd. CRISIL AAA 2.18 %
State Bank Of India. CRISIL AA+ 0.84 %
Bank Of Baroda CARE AA+ 0.03 %
Public Sector Undertakings - Total 10.2 %
Government Dated Securities
7.26% Central Government SOV 3.67 %
Government Dated Securities - Total 3.67 %
Reverse Repo 2.11 %
TERM DEPOSITS
HDFC Bank Ltd. 7.04 %
AU Small Finance Bank Ltd. 0.34 %
Term Deposits - Total 7.38 %
Triparty Repo 1.4 %
Net Current Assets/(Liabilities) 0.31 %
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 : `2972.16 Cr

  • AAUM : `2931.42 Cr

Key ratiosas on 30 Sep, 2019

Portfolio turnover ratio 119.02%
$Standard Deviation NA
$Beta NA
$Sharpe Ratio ## NA
Modified duration 0.92 yrs
Average maturity 1.38
Yield to maturity 7.25
Tracking Error NA
Expense Ratio (Direct) ** 1.16%
Expense Ratio (Regular) ** 2.06%
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.