VR Logo

Unrated

Kotak Balanced Advantage Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.31 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 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 4.19 0.19 0.72 0.03 8.32 26.60 8.27 -- -- -- --
VR Balanced TRI -5.05 -0.04 0.51 -2.92 7.60 24.45 -0.11 -- -- -- --
Hybrid: Dynamic Asset Allocation 1.00 -0.05 0.43 -1.85 5.46 17.48 3.84 -- -- -- --
Rank within category 9 3 5 1 2 1 6 -- -- -- --
Number of funds in category 23 25 25 25 25 25 23 15 12 7 6

As on 29-Sep-2020

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 8.27 -- -- 2.01 4,264
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 3.42 5.75 8.04 1.72 26,638
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
5 star
Feb-14 4.31 5.49 7.16 2.17 1,547
IDFC Dynamic Equity Fund - Regular Plan
4 star
Oct-14 7.17 6.48 7.02 2.32 966
L&T Balanced Advantage Fund  | Invest Online
5 star
Feb-11 8.91 7.04 6.16 2.42 721

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 14.79 (19-Feb-2019 - 19-Feb-2020) -18.46 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 7.49 17.40 0.14 0.15 -- --
Hybrid: Dynamic Asset Allocation* 4.37 11.86 -0.07 -0.06 0.62 -2.24
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-Aug-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 101
Top 10 Holdings (%) 37.95
Top 5 Holdings (%) 23.41
Top 3 Sectors (%) 25.89
Portfolio P/B Ratio 2.75
Portfolio P/E Ratio 25.04
Avg Credit Rating GOI/Cash

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Kotak Liquid - Plan A - Direct Plan-Gr Mutual Fund -- 0.00 - 4.93 4.93
new Reserve Bank of India 364-D 10/09/2020 Treasury Bills SOV 0.00 - 4.69 4.69
up 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 3.70 3.52
new 5.77% GOI 2030 GOI Securities SOV 0.00 - 2.51 2.51
equal 7.18% Canara Bank 2030 Zero Coupon Bonds AAA 0.00 - 2.03 1.91
equal HDFC Bank Term Deposits -- 1.24 - 7.04 1.88
new 7.20% Power Finance Corp. 2035 Debenture AAA 0.00 - 1.74 1.74
equal 7.44% Bank of Baroda 2030 Debenture AAA 0.00 - 2.18 1.71
equal 7.25% Punjab National Bank 29/07/2030 Debenture AA+ 0.00 - 1.61 1.52
down 7.68% Power Finance Corp. 15/07/2030 Non Convertible Debenture AAA 0.00 - 2.37 1.08
equal 8.20% Power Finance Corp. 14/09/2020 Bonds/NCDs AAA 0.00 - 0.71 0.59
down 5.79% GOI 2030 GOI Securities SOV 0.00 - 3.39 0.52
equal 8.58% HDFC 18/03/2022 Debenture AAA 0.00 - 0.32 0.25
equal 8.15% GOI 21/12/2020 GOI Securities Floating Rate Bond SOV 0.00 - 0.15 0.12
equal Sundaram Finance 25/03/2022 Zero Coupon Bonds AAA 0.01 - 0.01 0.01

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

ajax-loader
Please wait...

Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Reliance Industries Energy 35.85 7.34 3.00 6.17
down HDFC Bank Financial 20.38 5.32 2.74 3.97
up ICICI Bank Financial 23.84 3.66 1.44 3.66
up Infosys Technology 25.17 3.65 1.49 3.47
up Tata Consultancy Services Technology 29.58 3.09 0.86 3.09
up Axis Bank Financial 76.04 3.08 1.22 1.95
down Bharti Airtel Communication -- 2.59 0.00 1.84
up Larsen & Toubro Construction 14.90 2.65 0.86 1.82
down HDFC Financial 14.08 3.26 0.00 1.82
down Hindustan Unilever FMCG 70.34 2.07 0.00 1.77
equal Kotak Mahindra Bank Financial 29.25 2.23 0.00 1.75
down Reliance Industries Ltd - Partly Paid Equity Energy -- 1.58
up Grasim Industries Construction 13.90 1.43 0.27 1.17
down Persistent Systems Technology 29.67 1.14 0.00 1.07
down ICICI Lombard General Insurance Company Financial 44.35 1.27 0.00 0.92
down Cadila Healthcare Healthcare 31.33 1.86 0.28 0.91
up Container Corp. Services 101.63 1.44 0.00 0.91
equal Adani Enterprises Services 57.39 1.03 0.00 0.90
down BPCL Energy 23.81 1.56 0.00 0.88
up SBI Cards & Payments Services Financial 64.12 0.87 0.00 0.87
equal The Ramco Cements Construction 33.03 0.95 0.33 0.86
down Hero Motocorp Automobile 25.83 1.42 0.00 0.86
down Britannia Inds. FMCG 52.97 1.12 0.00 0.85
down Castrol India Energy 16.72 1.13 0.00 0.84
down HDFC Life Insurance Financial 87.08 1.19 0.00 0.82

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-Aug-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:


0.19%

Change from previous, NAV as on 29-Sep-2020

Growth: ₹ 11.7090

Dividend: ₹ 11.7090


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: 7.58%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 4,264 Cr (As on 31-Aug-2020)
Expense: 2.01% (As on 31-Aug-2020)
Risk Grade: --
Return Grade: --
Turnover: 78.37%

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

Upcoming Video

VR Helpline

IPO season

dateSaturday, 03-Oct-2020
time04:00 PM - 04:30 PM