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Unrated

Kotak Balanced Advantage Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.14 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.28 Lakh

Analyst's Choice?

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 0.61 -0.83 -0.45 -0.75 1.95 9.07 13.79 -- -- -- --
VR Balanced TRI -0.30 0.63 -0.57 -0.72 0.98 8.85 13.08 -- -- -- --
Hybrid: Dynamic Asset Allocation 0.80 -0.92 -0.47 -0.49 1.89 8.03 9.98 -- -- -- --
Rank within category 14 11 15 15 12 10 4 -- -- -- --
Number of funds in category 23 24 24 24 23 23 21 14 11 6 0

As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 3.72 (19-Sep-2019 - 26-Sep-2019) -2.32 (01-Oct-2018 - 09-Oct-2018)
Month 4.42 (07-Oct-2019 - 07-Nov-2019) -3.94 (07-Sep-2018 - 09-Oct-2018)
Quarter 7.82 (19-Sep-2019 - 19-Dec-2019) -2.08 (04-Jun-2019 - 03-Sep-2019)
Year 15.91 (19-Feb-2019 - 19-Feb-2020) 4.26 (21-Aug-2018 - 22-Aug-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 11.92 10.21 0.61 0.95 -- --
Hybrid: Dynamic Asset Allocation* 8.64 6.48 0.48 0.82 0.52 -0.31
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-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 111
Top 10 Holdings (%) 42.12
Top 5 Holdings (%) 28.11
Top 3 Sectors (%) 23.02
Portfolio P/B Ratio 2.72
Portfolio P/E Ratio 22.86

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
down Reserve Bank of India 76-D 17/03/2020 Cash Management Bill SOV 0.00 - 13.06 8.02
equal HDFC Bank Term Deposits -- 4.55 - 8.22 5.60
new 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 3.75 3.75
equal First Business Receivable Trust Securitised Debt AAA 0.00 - 0.84 2.94
equal 9.25% Power Finance Corp. 25/09/2024 Non Convertible Debenture AAA 0.00 - 3.70 2.84
equal 8.70% Bank of Baroda 28/11/2020 Non Convertible Debenture AA+ 0.00 - 2.48 2.29
new 7.44% Bank of Baroda 2030 Debenture AAA 0.00 - 1.89 1.89
new 7.65% Axis Bank 30/01/2027 Non Convertible Debenture AAA 0.00 - 1.08 1.08
down 7.27% GOI 2026 GOI Securities SOV 0.00 - 2.41 0.83
down 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 3.23 0.28
equal AU Small Finance Bank Term Deposits -- 0.27 - 0.40 0.27
equal 7.59% GOI 20/03/2029 GOI Securities SOV 0.00 - 0.27 0.08
equal Sundaram Finance 25/03/2022 Zero Coupon Bonds AAA 0.01 - 0.36 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

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Reliance Industries Energy 21.12 7.29 3.00 5.77
up HDFC Bank Financial 25.23 5.32 2.74 4.97
up ICICI Bank Financial 36.13 3.64 1.44 3.38
up HDFC Financial 18.18 3.26 0.00 2.89
up State Bank of India Financial 24.53 2.51 0.99 2.51
up Larsen & Toubro Construction 18.10 2.65 0.86 2.39
equal Axis Bank Financial 42.77 3.08 1.22 2.27
up ITC FMCG 16.65 2.72 1.47 2.07
up Infosys Technology 20.72 3.40 1.49 2.00
down Tata Consultancy Services Technology 24.50 2.82 0.86 1.30
up Kotak Mahindra Bank Financial 36.78 1.54 0.00 1.29
equal Tech Mahindra Technology 18.16 1.68 1.02 1.26
down BPCL Energy 12.90 1.47 0.00 1.14
up Bharti Airtel Communication -- 1.13 0.00 1.13
up Cadila Healthcare Healthcare 22.55 1.86 0.28 1.05
up Adani Enterprises Services 20.04 1.03 0.00 1.03
up Container Corp. Services 73.45 1.12 0.00 0.87
down M&M Financial Services Financial 14.83 1.17 0.03 0.86
equal Grasim Industries Construction 11.75 0.91 0.27 0.83
equal Asian Paints Chemicals 64.22 1.20 0.66 0.83
equal Coromandel International Chemicals 19.41 0.81 0.28 0.77
up Hindustan Unilever FMCG 70.51 0.89 0.00 0.74
up Max Financial Services Financial 51.15 0.80 0.00 0.73
equal Maruti Suzuki India Automobile 31.60 1.76 0.18 0.71
equal Nestle India FMCG 79.99 1.04 0.00 0.70

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-Jan-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:

— Arjun Khanna since 13-Jul-2018

Education: Mr. Khanna has done CFA, FRM, MMS(Finance) & B.E (Electronics)

Experience: Prior to joining Kotak Mahindra Mutual Fund, he was with Principal Mutual Fund and has also worked with Citibank.

Funds Managed:


-0.83%

Change from previous, NAV as on 24-Feb-2020

Growth: ₹ 11.4770

Dividend: ₹ 11.4770


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 (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Exit Load For units in excess of 10% 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: 9.22%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 3,719 Cr (As on 31-Jan-2020)
Expense: 1.06% (As on 31-Jan-2020)
Risk Grade: --
Return Grade: --
Turnover: 98.39%

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: 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

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Time to bet big on mid- and small-cap funds?

dateFriday, 28-Feb-2020
time12:30 PM - 01:00 PM