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Kotak

Balanced Advantage Fund

NAV as on -
CAGR
Compound annual growth rate
since inception
Features
AUM
` 6244.93 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.
  • Mr Hiten Shah
    Mr. Hiten Shah has been associated with the Kotak Group since September 2019. He is responsible for managing Kotak Equity Arbitrage Fund. Hiten has an overall industry experience of 11 years. Hiten’s educational background is MMS in 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.

Performance as 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 03/08/2018. Mr. Harish Krishnan and Mr. Abhishek Bisen have been managing the fund since 03/08/2018. Mr. Arjun Khanna has been managing the fund since 09/05/2019. Mr. Hiten Shah has been managing the fund since 03/10/2019. 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
Unrated 12.26 %
Banks 11.7 %
Software 7.23 %
Finance 5.57 %
Consumer Non Durables 4.92 %
Petroleum Products 4.45 %
Ferrous Metals 4.34 %
REST 27.07 %
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-FEB2021 0 %
CNX NIFTY-FEB2021 0 %
ICICI Bank Ltd. Banks 3.13 %
HDFC Bank Ltd. Banks 2.82 %
Reliance Industries Ltd. Petroleum Products 2.82 %
Infosys Ltd. Software 2.66 %
Tata Consultancy Services Ltd. Software 2.17 %
Hindustan Unilever Ltd. Consumer Non Durables 1.59 %
Axis Bank Ltd. Banks 1.04 %
Persistent Systems Limited Software 1.04 %
Kotak Mahindra Bank Ltd. Banks 1.02 %
Bharti Airtel Ltd Telecom - Services 0.92 %
Larsen And Toubro Ltd. Construction Project 0.84 %
Reliance Industries Ltd - Partly Paid Shares Petroleum Products 0.79 %
HDFC Ltd. Finance 0.77 %
SBI Cards & Payment Services Pvt. Ltd. Finance 0.74 %
Container Corporation of India Ltd. Transportation 0.69 %
ICICI Lombard General Insurance Company Ltd Finance 0.6 %
United Breweries Ltd. Consumer Non Durables 0.6 %
Gland Pharma Limited Healthcare Services 0.58 %
Indian Railway Catering And Tourism Corporation Ltd. Services 0.55 %
HDFC Life Insurance Company Ltd. Finance 0.53 %
Schaeffler India Ltd Industrial Products 0.53 %
Bajaj Finance Ltd. Finance 0.51 %
Cadila Healthcare Ltd Pharmaceuticals 0.51 %
Eicher Motors Ltd. Auto 0.49 %
Ratnamani Metals & Tubes Ltd. Ferrous Metals 0.48 %
The Ramco Cements Ltd Cement 0.48 %
Sheela Foam Ltd Consumer Durables 0.47 %
Solar Industries India Limited Chemicals 0.47 %
Ultratech Cement Ltd. Cement 0.45 %
Coromandel International Ltd. Fertilisers 0.44 %
Rail Vikas Nigam Limited. Construction 0.44 %
HDFC Ltd. Warrants Finance 0.43 %
Titan Company Ltd. Consumer Durables 0.42 %
Shree Cement Ltd. Cement 0.41 %
Indraprastha Gas Ltd. Gas 0.4 %
Max Financial Services Ltd. Finance 0.4 %
Gujarat State Petronet Ltd. Gas 0.38 %
Tata Consumer Products Ltd Consumer Non Durables 0.38 %
Castrol (India ) Ltd. Petroleum Products 0.37 %
Oberoi Realty Ltd Construction 0.37 %
Page Industries Ltd Textile Products 0.37 %
Bharat Petroleum Corporation Ltd. Petroleum Products 0.36 %
Godrej Consumer Products Ltd. Consumer Non Durables 0.36 %
Maruti Suzuki India Limited Auto 0.36 %
Gujarat Gas Ltd. Gas 0.34 %
DR.Lal Pathlabs Ltd. Healthcare Services 0.31 %
Mahindra Lifespace Developers Ltd Construction 0.31 %
Supreme Industries Limited Industrial Products 0.31 %
Motherson Sumi Systems Ltd. Auto Ancillaries 0.29 %
Zydus Wellness Ltd. Consumer Non Durables 0.28 %
IIFL Wealth Management Ltd. Finance 0.27 %
Orient Electric Ltd. Consumer Durables 0.25 %
AU Small Finance Bank Ltd. Banks 0.24 %
Britannia Industries Ltd. Consumer Non Durables 0.24 %
ITC Ltd. Consumer Non Durables 0.22 %
Indigo Paints Limited Consumer Non Durables 0.04 %
Hedged
Bharti Airtel Ltd Telecom - Services 3.04 %
Adani Port and Special Economic Zone Ltd. Transportation 3.02 %
Grasim Industries Ltd. Cement 1.5 %
Tata Steel Ltd. Ferrous Metals 1.45 %
ICICI Bank Ltd. Banks 1.13 %
IndusInd Bank Ltd. Banks 1.07 %
HDFC Ltd. Finance 1.04 %
Vedanta Ltd. Non - Ferrous Metals 1 %
Adani Enterprises Ltd. Trading 0.96 %
Steel Authority of India Ltd. Ferrous Metals 0.92 %
Maruti Suzuki India Limited Auto 0.89 %
JSW Steel Ltd. Ferrous Metals 0.81 %
Tech Mahindra Ltd. Software 0.8 %
Tata Motors Ltd. Auto 0.78 %
Jindal Steel & Power Ltd. Ferrous Metals 0.68 %
State Bank Of India Banks 0.61 %
Hindustan Unilever Ltd. Consumer Non Durables 0.5 %
Federal Bank Ltd. Banks 0.48 %
Sun Pharmaceuticals Industries Ltd. Pharmaceuticals 0.47 %
Mahindra & Mahindra Ltd. Auto 0.46 %
Hindalco Industries Ltd Non - Ferrous Metals 0.43 %
Zee Entertainment Enterprises Ltd Media and Entertainment 0.4 %
Ultratech Cement Ltd. Cement 0.32 %
Tata Consultancy Services Ltd. Software 0.25 %
Aurobindo Pharma Ltd. Pharmaceuticals 0.23 %
Cipla Ltd. Pharmaceuticals 0.23 %
DLF Ltd. Construction 0.22 %
Infosys Ltd. Software 0.21 %
Larsen And Toubro Ltd. Construction Project 0.21 %
Tata Consumer Products Ltd Consumer Non Durables 0.2 %
Ashok Leyland Ltd. Auto 0.17 %
ITC Ltd. Consumer Non Durables 0.17 %
Britannia Industries Ltd. Consumer Non Durables 0.16 %
Tata Power Co. Ltd. Power 0.15 %
Bajaj Auto Ltd. Auto 0.14 %
Glenmark Pharmaceuticals Ltd Pharmaceuticals 0.14 %
Cadila Healthcare Ltd Pharmaceuticals 0.13 %
Lupin Ltd. Pharmaceuticals 0.13 %
Piramal Enterprises Limited Finance 0.11 %
HDFC Bank Ltd. Banks 0.1 %
Sun TV Network Ltd. Media and Entertainment 0.09 %
TVS Motors Company Ltd Auto 0.09 %
United Spirits Ltd. Consumer Non Durables 0.09 %
Bharat Electronics Ltd. Industrial Capital Goods 0.07 %
GMR Infrastructure Ltd. Construction Project 0.07 %
Indiabulls Housing Finance Ltd. Finance 0.07 %
MindTree Ltd. Software 0.07 %
Asian Paints Ltd. Consumer Non Durables 0.06 %
Ambuja Cements Ltd. Cement 0.05 %
Bharat Petroleum Corporation Ltd. Petroleum Products 0.05 %
Escorts Ltd. Auto 0.05 %
Hindustan Petroleum Corporation Ltd Petroleum Products 0.05 %
Bandhan Bank Ltd. Banks 0.04 %
GAIL (India) Ltd. Gas 0.04 %
HDFC Life Insurance Company Ltd. Finance 0.04 %
Mahindra & Mahindra Financial Services Ltd. Finance 0.04 %
Petronet LNG Ltd. Gas 0.04 %
Marico Ltd. Consumer Non Durables 0.03 %
Torrent Pharmaceuticals Ltd. Pharmaceuticals 0.03 %
Bharat Forge Ltd. Industrial Products 0.02 %
Bharat Heavy Electricals Ltd. Industrial Capital Goods 0.02 %
Canara Bank Banks 0.02 %
Container Corporation of India Ltd. Transportation 0.02 %
Dr Reddys Laboratories Ltd. Pharmaceuticals 0.02 %
Exide Industries Ltd Auto Ancillaries 0.02 %
HCL Technologies Ltd. Software 0.02 %
ICICI Prudential Life Insurance Company Ltd Finance 0.02 %
Motherson Sumi Systems Ltd. Auto Ancillaries 0.02 %
ACC Ltd. Cement 0.01 %
Biocon Ltd. Pharmaceuticals 0.01 %
Indian Oil Corporation Ltd Petroleum Products 0.01 %
Info Edge (India) Ltd. Software 0.01 %
Mahanagar Gas Ltd Gas 0.01 %
Manappuram Finance Ltd Finance 0.01 %
Max Financial Services Ltd. Finance 0.01 %
Listed/Awaiting Listing on Stock Exchange - Total 66.31 %
Mutual Fund Units
Liquid Scheme Direct Plan Growth 12.26 %
Mutual Fund Units - Total 12.26 %
Debt Instruments
Debentures and Bonds
Public Sector Undertakings
Power Finance Corporation Ltd. ( ) CRISIL AAA 1.91 %
Punjab National Bank CRISIL AA+ 1.63 %
National Cooperative Development Corporation ( ) (^) CRISIL AA 0.95 %
Canara Bank FITCH IND AAA 0.75 %
Bank Of Baroda ( ) CRISIL AA+ 0.4 %
Canara Bank ( ) CRISIL AA 0.4 %
Rural Electrification Corporation Ltd. CRISIL AAA 0.17 %
Punjab National Bank ICRA AA 0.13 %
Power Finance Corporation Ltd. CRISIL AAA 0.08 %
Public Sector Undertakings - Total 6.42 %
Government Dated Securities
6.19% Central Government SOV 2.2 %
4.7% Central Government SOV 2.07 %
5.85% Central Government(^) SOV 1.6 %
6.68% Central Government SOV 1.16 %
8.32% State Government-Gujarat SOV 0.44 %
8.6% State Government-Gujarat SOV 0.36 %
% GS CG 15/06/2023 - (STRIPS) SOV 0.29 %
% GS CG 15/12/2023 - (STRIPS) SOV 0.28 %
% GS CG 23/6/2021 - (STRIPS) SOV 0.25 %
8.79% Central Government SOV 0.25 %
% GS 9.23% CG 23/12/2043 - (STRIPS) SOV 0.21 %
% GS CG 15/06/2032 - (STRIPS) SOV 0.16 %
% GS CG 23/12/2025 - (STRIPS) SOV 0.03 %
% GS CG 23/12/2028 - (STRIPS) SOV 0.03 %
% GS CG 23/6/2028 - (STRIPS) SOV 0.03 %
% GS CG 23/6/2029 - (STRIPS) SOV 0.03 %
% GS CG 23/12/2029 - (STRIPS) SOV 0.02 %
% GS CG 23/12/2030 - (STRIPS) SOV 0.02 %
% GS CG 23/12/2031 - (STRIPS) SOV 0.02 %
% GS CG 23/12/2032 - (STRIPS) SOV 0.02 %
% GS CG 23/12/2033 - (STRIPS) SOV 0.02 %
% GS CG 23/12/2034 - (STRIPS) SOV 0.02 %
% GS CG 23/12/2035 - (STRIPS) SOV 0.02 %
% GS CG 23/12/2036 - (STRIPS) SOV 0.02 %
% GS CG 23/6/2030 - (STRIPS) SOV 0.02 %
% GS CG 23/6/2031 - (STRIPS) SOV 0.02 %
% GS CG 23/6/2032 - (STRIPS) SOV 0.02 %
% GS CG 23/6/2033 - (STRIPS) SOV 0.02 %
% GS CG 23/6/2034 - (STRIPS) SOV 0.02 %
% GS CG 23/6/2035 - (STRIPS) SOV 0.02 %
% GS CG 23/6/2036 - (STRIPS) SOV 0.02 %
% GS CG 23/12/2037 - (STRIPS) SOV 0.01 %
% GS CG 23/12/2038 - (STRIPS) SOV 0.01 %
% GS CG 23/12/2039 - (STRIPS) SOV 0.01 %
% GS CG 23/12/2043 - (STRIPS) SOV 0.01 %
% GS CG 23/6/2037 - (STRIPS) SOV 0.01 %
% GS CG 23/6/2038 - (STRIPS) SOV 0.01 %
% GS CG 23/6/2039 - (STRIPS) SOV 0.01 %
% GS CG 23/6/2040 - (STRIPS) SOV 0.01 %
% GS CG 23/6/2043 - (STRIPS) SOV 0.01 %
Government Dated Securities - Total 9.78 %
Triparty Repo 6.26 %
Net Current Assets/(Liabilities) -1.03 %
Detail holdings

Market Capitalisation

Asset Allocation

( as on date : 26/2/2021)

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Fund Vs Benchmark Returns as on

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Trailing Returns Since
Inception

Scheme Inception date is 03/08/2018. Mr. Harish Krishnan and Mr. Abhishek Bisen have been managing the fund since 03/08/2018. Mr. Arjun Khanna has been managing the fund since 09/05/2019. Mr. Hiten Shah has been managing the fund since 03/10/2019. 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 See all funds managed by Mr Hiten Shah

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 03/08/2018. Mr. Harish Krishnan and Mr. Abhishek Bisen have been managing the fund since 03/08/2018. Mr. Hiten Shah has been managing the fund since 03/10/2019. 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).

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

If you had invested
` every month from to

Total Amount invested `- Value of Investment `- i.e. - CAGR

Kotak Balanced Advantage FundVS

Please wait while we are fetching the data

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.

Systematic Investment Plan

Monthly SIP of `100000 Since Inception 7 years 5 years 3 years 1 year
No record found

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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 03, 2018

  • AUM : `6244.93 Cr

  • AAUM : `6054.75 Cr

Key ratiosas on 31 Jan, 2021

Portfolio turnover ratio 71.23%
$Standard Deviation NA
$Beta NA
$Sharpe Ratio ## NA
Modified duration 0.72 yrs
Average maturity 1.39
Yield to maturity 5.39
Tracking Error NA
Expense Ratio (Direct) ** 0.65%
Expense Ratio (Regular) ** 1.91%
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 8% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil

    • ii) 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

    • iv) Any exit load charged (net off Goods and Services Tax, if any) shall be credited back to the respective Scheme (Applicable for all plans). Units issued on reinvestment of dividends shall not be subject to exit load (Applicable for all plans).