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Unrated

Kotak Balanced Advantage Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.15 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.40 Lakh

Suitability:

When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.38 -0.30 0.03 3.11 8.92 14.00 14.57 -- -- -- --
VR Balanced TRI 2.41 -1.29 -0.35 5.78 17.80 24.80 18.01 -- -- -- --
Hybrid: Dynamic Asset Allocation 1.36 -0.50 -0.42 3.26 10.08 14.11 12.63 -- -- -- --
Rank within category 11 7 2 14 16 14 8 -- -- -- --
Number of funds in category 25 25 25 25 25 25 24 16 12 7 7

As on 22-Jan-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Balanced Advantage Fund - Regular Plan  | Invest Online
Unrated
Aug-18 14.57 -- -- 1.93 5,721
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 12.58 8.51 11.43 1.74 28,546
Aditya Birla Sun Life Balanced Advantage Fund  | Invest Online
4 star
Apr-00 15.26 8.05 12.37 2.10 2,596
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
4 star
Feb-14 12.87 8.59 9.87 2.01 2,251
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 23.91 10.29 11.64 2.05 2,221

Best & Worst Performance

Best (Period) Worst (Period)
Week 8.71 (24-Mar-2020 - 31-Mar-2020) -14.00 (16-Mar-2020 - 23-Mar-2020)
Month 15.92 (23-Mar-2020 - 22-Apr-2020) -26.14 (20-Feb-2020 - 23-Mar-2020)
Quarter 28.17 (23-Mar-2020 - 22-Jun-2020) -25.18 (23-Dec-2019 - 23-Mar-2020)
Year 15.15 (06-Jan-2020 - 05-Jan-2021) -18.46 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 11.89 18.30 0.39 0.46 -- --
Hybrid: Dynamic Asset Allocation* 6.78 12.40 0.16 0.19 0.62 -2.41
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Dec-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 107
Top 10 Holdings (%) 35.98
Top 5 Holdings (%) 24.08
Top 3 Sectors (%) 22.63
Portfolio P/B Ratio 2.91
Portfolio P/E Ratio 29.84
Avg Credit Rating GOI/Cash

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
up Kotak Liquid - Plan A - Direct Plan-Gr Mutual Fund -- 0.00 - 10.13 10.13
up 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 3.70 2.42
down GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 2.98 2.24
equal 7.25% Punjab National Bank 14/10/2030 Debenture AA+ 0.00 - 2.12 1.78
equal 7.18% Canara Bank 2030 Zero Coupon Bonds AAA 0.00 - 2.03 1.46
down 6.85% IRFC 29/10/2040 Debenture AAA 0.00 - 2.31 1.32
equal 6.68% GOI 17/09/2031 GOI Securities SOV 0.00 - 1.41 1.27
new 6.75% National Co-op Development Corp. 2024 Debenture AA 0.00 - 1.05 1.05
new 5.85% GOI 2030 GOI Securities SOV 0.00 - 0.87 0.87
new 5.77% GOI 2030 GOI Securities SOV 0.00 - 2.82 0.87
new 8.32% Gujarat State 2028 State Development Loan SOV 0.00 - 0.49 0.49
new 8.50% Canara Bank Debenture AA 0.00 - 0.44 0.44
new 8.60% Gujarat State 17/10/2028 State Development Loan SOV 0.00 - 0.40 0.40
equal GOI 15/06/2023 GOI Securities SOV 0.00 - 0.35 0.32
equal GOI 15/12/2023 GOI Securities SOV 0.00 - 0.34 0.31
equal 8.79% GOI 2021 Central Government Loan SOV 0.00 - 0.30 0.27
new GOI 23/06/2021 GOI Securities SOV 0.00 - 0.27 0.27
new 9.23% GOI 23/12/2043 GOI Securities SOV 0.00 - 0.23 0.23
equal 8.27% REC 2025 Bonds AAA 0.00 - 0.21 0.19
equal 9.00% GOI 2032 GOI Securities SOV 0.00 - 0.19 0.17
new 9.05% Punjab National Bank 24/06/2026 Non Convertible Debenture A+ 0.00 - 0.14 0.14
new GOI 2021 GOI Securities SOV 0.00 - 0.09 0.09
equal 7.68% Power Finance Corp. 15/07/2030 Non Convertible Debenture AAA 0.00 - 2.37 0.09
new GOI 23/12/2023 GOI Securities SOV 0.00 - 0.04 0.04
new GOI 23/06/2024 GOI Securities SOV 0.00 - 0.04 0.04

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down ICICI Bank Financial 26.46 4.32 1.44 4.32
down Reliance Industries Energy 32.81 7.34 3.00 3.32
down HDFC Bank Financial 25.92 5.32 2.74 3.22
down Infosys Technology 30.70 3.65 1.49 3.09
equal Adani Ports and Special Economic Zone Services 28.42 2.87 0.00 2.87
down Tata Consultancy Services Technology 39.69 3.09 0.86 2.33
up Bharti Airtel Communication -- 2.59 0.00 2.05
up Hindustan Unilever FMCG 80.69 2.07 0.00 1.85
up Grasim Industries Construction 19.30 1.43 0.27 1.43
equal HDFC Financial 28.84 3.26 0.00 1.42
up Tata Steel Metals -- 1.33 0.00 1.33
down Kotak Mahindra Bank Financial 40.07 2.23 0.00 1.30
down Larsen & Toubro Construction 16.83 2.65 0.86 1.28
up Maruti Suzuki India Automobile 59.83 1.76 0.18 1.27
equal Persistent Systems Technology 32.45 1.27 0.00 1.13
down Axis Bank Financial 55.59 3.08 1.06 1.06
equal Reliance Industries Ltd - Partly Paid Equity Energy -- 1.00
equal Adani Enterprises Services 65.88 1.03 0.00 1.00
equal JSW Steel Metals 23.02 0.91 0.01 0.91
up Vedanta Metals -- 0.91 0.00 0.91
up Tech Mahindra Technology 23.79 1.68 0.09 0.88
down HDFC Financial 28.84 0.87
down Ultratech Cement Construction 26.67 1.23 0.41 0.83
up Tata Consumer Products FMCG 85.67 1.21 0.00 0.79
equal ICICI Lombard General Insurance Company Financial 46.29 1.27 0.00 0.78

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2020

Fund Manager

— Abhishek Bisen since 13-Jul-2018

Education: Mr. Bisen is a BA and MBA in Finance.

Experience: Prior to joining Kotak AMC, 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. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.

Funds Managed:

— Harish Krishnan since 13-Jul-2018

Education: Mr. Krishnan is a Graduate from Government Engineering College Trichur and MBA from IIM Kozhikode

Experience: Prior to joining Kotak AMC he has worked with Kotak Mahindra (UK) Ltd.

Funds Managed:

— Hiten Shah since 03-Oct-2019

Education: Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.

Experience: Prior to joining Edelweiss Asset Management Limited (since July 2011) he was associated with Edelweiss Securities Limited as Low Risk Arbitrage Trader for over three years.

Funds Managed:


-0.30%

Change from previous, NAV as on 22-Jan-2021

Growth: ₹ 12.9470

Dividend: ₹ 12.9480


Investment Strategy

The scheme seeks to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 10
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Exit Load For units in excess of 8% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 03-Aug-2018
Return Since Launch: 11.00%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: High
Type: Open-ended
Assets: ₹ 5,721 Cr (As on 31-Dec-2020)
Expense: 1.93% (As on 31-Dec-2020)
Risk Grade: --
Return Grade: --
Turnover: 74.61%

Contact Information

AMC: Kotak Mahindra Asset Management Company Ltd

Address: 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400051

Phone: 022-61152100 / 1800-22-2626

Fax: 022-66384455

Email: [email protected]

Website: http://www.kotakmutual.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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dateFriday, 29-Jan-2021
time12:30 PM - 01:00 PM