Kotak Balanced Advantage Fund - Regular Plan

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Value Research Rating

4 star

Analyst’s Choice

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Riskometer

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Very High

₹17.6540 -0.49%

As on 28-Feb-2024

Returns

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Calculate SIP Returns of Kotak Balanced Advantage Fund - Regular Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Very High risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of Kotak Balanced Advantage Fund - Regular Plan

Asset Allocation

Split between different types of investments

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Market Cap Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of Kotak Balanced Advantage Fund - Regular Plan

Assets info

₹15,623 Cr

Exit Load (Days) info

1.00 (365)

Min. Investment (₹)

100

Min. Withdrawal (₹)

1,000

Min. SIP Investment (₹)

100

Min. No of Cheques

1

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.

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: Do not invest in this, or any other dynamic asset allocation fund, if you need to redeem your investment in less than five years."

Taxation

Capital Gains Taxation

  • 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.

Dividend Taxation

  • 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.

FAQ for Kotak Balanced Advantage Fund - Regular Plan

Kotak Balanced Advantage Fund - Regular Plan invests in a mix of equity and fixed-income securities. The proportion of the two is dynamically managed and may keep varying depending on the market outlook of the fund manager.

Mutual funds can be bought directly from the website of the fund house. For instance, Kotak Balanced Advantage Fund - Regular Plan fund can be purchased from the website of Kotak Mahindra Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Kotak Balanced Advantage Fund - Regular Plan is ₹17.6540 as of 29-Feb-2024.

The AUM of Kotak Balanced Advantage Fund - Regular Plan Fund is ₹15,623 Cr as of 31-Jan-2024

The riskometer level of Kotak Balanced Advantage Fund - Regular Plan is Very High. See More

Company Percentage of Portfolio

GOI GOI FRB 22/09/2033

5.22

GOI Sec 7.41 19/12/2036

2.44

GOI GOI Sec 7.10 18/04/2029

1.89

GOI Sec 7.38 20/06/2027

1.83

HDFC Bank Ltd SR AB001 Debenture 7.69 27/01/2033

1.43
See More

As of 31-Jan-2024, Kotak Balanced Advantage Fund - Regular Plan had invested 50.79% in Equity, 26.7% in Cash & Cash Eq., 22.41% in Debt and 0.11% in Real Estate See More

Kotak Balanced Advantage Fund - Regular Plan is 5 years 7 months old. It has delivered 10.73% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
18.22%
10.57%
11.95%
--
--
10.73%

No, There is no lock in period in Kotak Balanced Advantage Fund - Regular Plan.

The expense ratio of Kotak Balanced Advantage Fund - Regular Plan is 1.66.

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