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4 star

Kotak Balanced Advantage Fund - Direct Plan download report


1 Lakh

Investment Grown to
₹ 1.37 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.25 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: 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
Kotak Balanced Advantage Fund Direct-G -2.64 0.70 1.28 -2.26 -0.85 -1.80 5.23 11.04 -- -- --
VR Balanced TRI -5.62 0.85 2.13 -5.08 -2.40 -4.02 6.94 11.16 -- -- --
Hybrid: Dynamic Asset Allocation -3.60 0.50 0.78 -3.54 -1.30 -2.74 5.36 10.19 -- -- --
Rank within category 10 2 4 7 11 10 13 10 -- -- --
Number of funds in category 28 29 29 29 29 28 25 21 13 11 0

As on 26-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Aug-18 5.23 11.04 -- 0.45% 13,573
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 7.68 11.47 10.60 0.98% 39,761
ICICI Prudential Asset Allocator Fund (FOF) - Direct Plan  | Invest Now
4 star
Jan-13 8.70 13.41 11.79 0.07% 15,636
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 6.10 14.12 11.83 0.46% 8,008
Tata Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Jan-19 7.60 12.54 -- 0.32% 4,863

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.74 24-Mar-2020 - 31-Mar-2020 -13.98 16-Mar-2020 - 23-Mar-2020
Month 16.05 23-Mar-2020 - 22-Apr-2020 -26.07 20-Feb-2020 - 23-Mar-2020
Quarter 28.55 23-Mar-2020 - 22-Jun-2020 -24.99 23-Dec-2019 - 23-Mar-2020
Year 58.64 23-Mar-2020 - 23-Mar-2021 -17.67 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Kotak Balanced Advantage Fund Direct-G 12.44 13.06 0.68 0.67 0.69 1.57
VR Balanced TRI 14.19 17.86 0.60 0.69 -- --
Hybrid: Dynamic Asset Allocation 11.87 12.37 0.69 0.81 0.63 1.66
Rank within category 11 13 8 13 14 9
Number of funds in category 21 21 21 21 21 21

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

As on 30-Apr-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 107
Top 10 Holdings (%) 37.10
Top 5 Holdings (%) 24.14
Top 3 Sectors (%) 22.03
Portfolio P/B Ratio 2.96
Portfolio P/E Ratio 18.89
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
equal GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 3.71 - 6.52 6.16
up 6.10% GOI 2031 GOI Securities SOV 0.00 - 5.45 5.45
down 6.67% GOI 15/12/2035 GOI Securities SOV 0.00 - 6.36 4.57
equal HDFC Bank 24/05/2022 Certificate of Deposit A1+ 0.00 - 2.95 2.94
equal Kotak Liquid - Plan A - Direct Plan-Gr Mutual Fund -- 2.51 - 12.67 2.51
equal GOI 2028 GOI Securities SOV 0.00 - 2.42 2.15
down 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 1.24 0.99
equal GOI 2031 GOI Securities SOV 0.00 - 0.47 0.37
equal 6.64% GOI 16/06/2035 GOI Securities SOV 0.11 - 3.74 0.31
equal 6.23% REC 31/10/2031 Bonds/NCDs AAA 0.00 - 0.42 0.29
equal 8.32% Gujarat State 2028 State Development Loan SOV 0.20 - 0.31 0.20
equal GOI 22/08/2029 GOI Securities SOV 0.00 - 0.19 0.16
equal 9.70% Uttar Pradesh Power Corporation 31/03/2027 Bonds A+ 0.00 - 0.15 0.15
equal 9.70% Uttar Pradesh Power Corporation 29/03/2030 Bonds A+ 0.00 - 0.15 0.15
equal 9.70% Uttar Pradesh Power Corporation 31/03/2028 Bonds A+ 0.00 - 0.15 0.15
equal 9.70% Uttar Pradesh Power Corporation 31/03/2025 Bonds A+ 0.00 - 0.15 0.15
equal 9.70% Uttar Pradesh Power Corporation 31/03/2026 Bonds A+ 0.00 - 0.15 0.15
equal 9.70% Uttar Pradesh Power Corporation 30/03/2029 Bonds A+ 0.00 - 0.15 0.15
equal GOI 15/12/2023 GOI Securities SOV 0.14 - 0.20 0.14
equal 6.76% GOI 22/02/2061 GOI Securities SOV 0.00 - 1.97 0.14
equal GOI 15/06/2023 GOI Securities SOV 0.14 - 0.21 0.14
equal GOI 22/02/2029 GOI Securities SOV 0.00 - 0.14 0.13
equal GOI 22/08/2027 GOI Securities SOV 0.00 - 0.14 0.12
equal GOI 22/02/2028 GOI Securities SOV 0.00 - 0.11 0.09
down 9.70% Uttar Pradesh Power Corporation 31/03/2031 Bonds A+ 0.00 - 0.15 0.08

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
equal Reliance Industries Energy 28.70 7.34 2.58 3.99
equal Adani Ports and Special Economic Zone Services 31.40 3.97 0.00 3.97
up ICICI Bank Financial 20.48 4.32 2.50 2.65
up HDFC Bank Financial 20.30 5.32 2.06 2.44
down Bharti Airtel Communication 94.70 3.95 0.02 2.42
up Infosys Technology 27.80 3.65 1.96 2.28
up Tata Consultancy Services Technology 31.14 3.09 1.12 2.03
equal Tata Steel Metals & Mining 3.18 2.38 0.42 1.85
equal Adani Enterprises Services 305.36 1.76 0.46 1.76
up Axis Bank Financial 14.98 3.08 0.94 1.66
up Maruti Suzuki India Automobile 61.84 1.82 0.34 1.49
up Persistent Systems Technology 39.22 1.59 0.00 1.48
up Larsen & Toubro Construction 25.99 2.65 0.90 1.37
equal Bajaj Finance Financial 51.63 1.58 0.39 1.24
equal Kotak Mahindra Bank Financial 31.96 2.23 0.73 1.15
equal NMDC Metals & Mining 3.90 1.13 0.00 1.10
equal Ultratech Cement Materials 23.37 1.23 0.50 1.08
equal JSW Steel Metals & Mining 6.13 1.24 0.02 1.07
equal Tata Power Company Energy 41.23 1.12 0.00 1.06
down HDFC Financial 18.71 3.26 1.04 1.04
equal Jindal Steel & Power Metals & Mining 6.49 0.98 0.00 0.98
equal Bank of Baroda Financial 6.50 0.95 0.00 0.95
up Container Corporation Of India Services 37.89 1.44 0.56 0.95
up Interglobe Aviation Services -- 0.92 0.00 0.88
equal DLF Construction 53.56 1.03 0.00 0.84

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 30-Apr-2022

Fund Manager

— Abhishek Bisen since 13-Jul-2018

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

Experience: Prior to joining Kotak AMC, he 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 Mahindra Mutual Fund, he was based out of Singapore and Dubai, managing Kotak's offshore funds. He has also worked at Infosys Technologies Ltd in his earlier stint.

Interviews:

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 Kotak Mahindra Mutual fund, he was associated with Edelweiss Asset Management for more than 8 years as a CoFund manager and Chief dealer in equities segment. He was also associated with Edelweiss securities Ltd. as low risk arbitrage trader for more than 3 years.

Funds Managed:


0.55%

Change from previous, NAV as on 27-May-2022

Growth: ₹ 14.6960

IDCW: ₹ 14.6960


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

Min. Investment (₹) 1,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 100
Min. No of Cheques 10
Min. Withdrawal (₹) 1,000
Min. Balance (₹) 1,000
Lock-in Period Not Applicable
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: 10.46%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 13,573 Cr (As on 30-Apr-2022)
Expense: 0.45% (As on 30-Apr-2022)
Risk Grade: Average
Return Grade: Average
Turnover: 25.29%

Contact Information

AMC: Kotak Mahindra Asset Management Company Ltd

Address: The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai - 400051

Phone: 022-61152100 / 1800-22-2626

Fax: 022-66384455

Website: https://www.kotakmf.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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