Kotak Balanced Advantage Fund – Direct Growth

100
Min SIP
100
Min Lumpsum
0.51 %
Expense Ratio
★★★
Rating
15,622
Fund Size (in Cr)
6 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 28 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 20.2% 12.2% 13.4% 12.2%
Category Average 24.2% 14.6% 16.4% -

Scheme Allocation

By Holding
By Sector
By Asset
4.53%
4.13%
2.67%
Others
78.96%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 7%
Adani Ports Marine Port & Services Equity 4.53%
ICICI Bank Banks Equity 4.13%
Reliance Industr Refineries Equity 2.71%
Infosys IT - Software Equity 2.67%
Maruti Suzuki Automobile Equity 2.65%
Axis Bank Banks Equity 1.97%
Larsen & Toubro Infrastructure Developers & Operators Equity 1.87%
Sun Pharma.Inds. Pharmaceuticals Equity 1.77%
ITC Tobacco Products Equity 1.54%
DLF Realty Equity 1.53%
TCS IT - Software Equity 1.48%
M & M Automobile Equity 1.37%
UltraTech Cem. Cement Equity 1.36%
Ambuja Cements Cement Equity 1.33%
Bharti Airtel Telecomm-Service Equity 1.21%
Punjab Natl.Bank Banks Equity 1.15%
Persistent Sys IT - Software Equity 1.14%
Interglobe Aviat Air Transport Service Equity 1.12%
Kotak Mah. Bank Banks Equity 1.11%
Container Corpn. Logistics Equity 1.07%
Hind. Unilever FMCG Equity 1.04%
B P C L Refineries Equity 1.02%
Zydus Lifesci. Pharmaceuticals Equity 1%
Godrej Consumer FMCG Equity 0.97%
Dr Reddy's Labs Pharmaceuticals Equity 0.96%
United Breweries Alcoholic Beverages Equity 0.91%
Bajaj Finance Finance Equity 0.88%
Guj.St.Petronet Gas Distribution Equity 0.87%
Hindalco Inds. Non Ferrous Metals Equity 0.87%
Tech Mahindra IT - Software Equity 0.85%
Canara Bank Banks Equity 0.84%
Eicher Motors Automobile Equity 0.71%
Indraprastha Gas Gas Distribution Equity 0.68%
Coromandel Inter Fertilizers Equity 0.68%
Samvardh. Mothe. Auto Ancillaries Equity 0.66%
Ratnamani Metals Steel Equity 0.66%
United Spirits Alcoholic Beverages Equity 0.65%
Solar Industries Aerospace & Defence Equity 0.61%
Schaeffler India Bearings Equity 0.61%
Bosch Auto Ancillaries Equity 0.57%
I D F C Finance Equity 0.57%
Titan Company Diamond, Gems and Jewellery Equity 0.55%
V-Guard Industri Capital Goods - Electrical Equipment Equity 0.55%
Mahindra Life. Construction Equity 0.54%
Bank of Baroda Banks Equity 0.52%
HDFC Life Insur. Insurance Equity 0.51%
Apollo Tyres Tyres Equity 0.51%
Jindal Steel Steel Equity 0.5%
JSW Steel Steel Equity 0.49%
Oberoi Realty Realty Equity 0.47%
LTIMindtree IT - Software Equity 0.46%
Zee Entertainmen Entertainment Equity 0.45%
ICICI Lombard Insurance Equity 0.44%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.42%
NMDC Mining & Mineral products Equity 0.4%
Carborundum Uni. Capital Goods-Non Electrical Equipment Equity 0.38%
PB Fintech. IT - Software Equity 0.37%
Bandhan Bank Banks Equity 0.33%
Sansera Enginee. Auto Ancillaries Equity 0.33%
Shree Cement Cement Equity 0.3%
Britannia Inds. FMCG Equity 0.28%
Max Financial Finance Equity 0.27%
NTPC Power Generation & Distribution Equity 0.27%
Tata Motors-DVR Automobile Equity 0.26%
S A I L Steel Equity 0.24%
AAVAS Financiers Finance Equity 0.23%
Manappuram Fin. Finance Equity 0.21%
Grasim Inds Textiles Equity 0.21%
Aurobindo Pharma Pharmaceuticals Equity 0.21%
Power Fin.Corpn. Finance Equity 0.2%
Shriram Finance Finance Equity 0.19%
Bharti Airtel PP Telecomm-Service Equity 0.15%
B H E L Capital Goods - Electrical Equipment Equity 0.14%
Tata Motors Automobile Equity 0.13%
Supreme Inds. Plastic products Equity 0.13%
Sheela Foam Miscellaneous Equity 0.12%
Glenmark Pharma. Pharmaceuticals Equity 0.11%
Cipla Pharmaceuticals Equity 0.1%
India Cements Cement Equity 0.1%
HCL Technologies IT - Software Equity 0.1%
Federal Bank Banks Equity 0.09%
RBL Bank Banks Equity 0.08%
Power Grid Corpn Power Generation & Distribution Equity 0.08%
Orient Electric Consumer Durables Equity 0.07%
LIC Housing Fin. Finance Equity 0.06%
Indian Bank Banks Equity 0.06%
Coal India Mining & Mineral products Equity 0.06%
Tata Steel Steel Equity 0.05%
GAIL (India) Gas Distribution Equity 0.04%
Dabur India FMCG Equity 0.04%
Krishna Institu. Healthcare Equity 0.03%
ACC Cement Equity 0.03%
Adani Enterp. Trading Equity 0.03%
Biocon Pharmaceuticals Equity 0.01%
Balrampur Chini Sugar Equity 0.01%
Indus Towers Telecomm Equipment & Infra Services Equity 0.01%
Bharat Electron Aerospace & Defence Equity 0.01%
Exide Inds. Auto Ancillaries Equity 0.01%
Bajaj Finserv Finance Equity 0.01%
UPL Agro Chemicals Equity 0.01%
Ashok Leyland Automobile Equity 0%
Delta Corp Miscellaneous Equity 0%
Debt
25.25%
Banks
17.28%
IT-Software
6.7%
Automobiles
5.12%
Transport Infrastructure
4.53%
Others
41.12%
View all Sectors
Sectors Asset
Debt 25.25%
Banks 17.28%
IT-Software 6.7%
Automobiles 5.12%
Transport Infrastructure 4.53%
Pharmaceuticals & Biotech 4.16%
Petroleum Products 3.73%
Cement & Cement Products 3.33%
Auto Components 2.69%
Diversified FMCG 2.58%
Realty 2.54%
Finance 2.35%
Transport Services 2.19%
Construction 1.87%
Gas 1.59%
Beverages 1.56%
Telecom-Services 1.37%
Consumer Durables 1.29%
Ferrous Metals 1.28%
Insurance 1.22%
Industrial Products 1.17%
Personal Products 1.01%
Non-Ferrous Metals 0.87%
Others 0.7%
Fertilisers & Agrochemica 0.69%
Chemicals & Petrochemical 0.61%
Entertainment 0.45%
Retailing 0.42%
Minerals & Mining 0.4%
Financial Technology (Fin 0.37%
Power 0.35%
Food Products 0.28%
Electrical Equipments 0.14%
Consumable Fuels 0.06%
Metals & Minerals Trading 0.03%
Healthcare Services 0.03%
Aerospace & Defense 0.01%
Agricultural Food & other 0.01%
Agricultural, Commercial 0%
Leisure Services 0%
Cash & Others -0.33%
Equity
74.28%
Govt Securities / Sovereign
16.65%
Corporate Debentures
5.1%
Reverse Repos
3.5%
Mutual Funds Units
0.7%

Advance Ratio

1.6
Alpha
1.62
SD
0.4
Beta
0.9
Sharpe

Exit Load

Exit Load For redemption/switch out of upto 8% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. 1.00% - If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment. Nil - If units are redeemed or switched out on or after 1 year from the date of allotment.

Fund Objective

Kotak Mahindra Mutual Fund’s Kotak Balanced Advantage Fund Direct-Growth is a Dynamic Asset Allocation mutual fund. This fund was launched on July 13, 2018, and is now managed by Hiten Shah, Harish Krishnan, and Abhishek Bisen.

The portfolio has a 66.45% allocation to domestic equities, with a 46.58% allocation to large-cap companies, an 8.48% allocation to mid-cap stocks, and a 4.43% allocation to small-cap stocks. The fund has an investment allocation of 23.12% in Debt, of which 19.53% is in Government securities, and 2.42% is in Low-Risk securities.

The scheme’s investment objective is to achieve capital appreciation by investing in a dynamically diversified portfolio of equities and equity-related assets, as well as debt and money market instruments. There is no promise or guarantee that the scheme’s investment goal will be met.

Pros & Cons

Pros

Cons

Diversification of investment portfolio with a balanced mix of equity and debt investments. Involves market risk as it invests in both equity and debt instruments.
Opportunity to participate in the growth of equity markets. Returns may be volatile in the short-term.
Regular income through debt investments. Returns may not match benchmark returns consistently.
Low expense ratio.

 

How to invest in Kotak Balanced Advantage Fund?

5paisa simplifies the investment procedure for the Kotak Balanced Advantage Fund. The process has been streamlined and now needs no documentation. Follow the steps outlined below:

Step 1: Go to the 5Paisa website and log in to your account. If you don’t yet have an account, you can quickly create a new 5Paisa account by clicking on this link. Registering with the platform is easy and involves only three steps. You can alternatively download the 5Paisa app on your iOS or Android smartphone and log in from your mobile device to open an account with the platform.

Step 2: Once your account is active, you can search for Kotak Mahindra mutual fund schemes to see your options.

Step 3: Go through the schemes and select the one that matches your financial goals, risk level, and other preferences.

Step 4: After selecting your scheme, you need to choose from SIP or Lumpsum, whatever you are interested in.

Step 5: Input the amount you want to invest in the fund and proceed by clicking on the ‘Invest Now’ button. You will now be redirected to complete your payment.

Step 6: If you have already added money to your ledger, you can choose to pay for your investment from the ledger balance. Alternatively, you can set up an autopay mandate using net banking or UPI payment options. Once you select the option, you are guided through the process to complete the payment, and the order for your mutual fund is placed on 5Paisa.

You can invest in the Kotak Mahindra mutual fund scheme of your choice via 5Paisa. The mutual fund you have invested in reflects in your account 3-4 working days after making the payment. If you have selected the SIP option, your investment amount will get deducted automatically every month starting from the day you make your first payment.

What is the expense ratio of the Kotak Balanced Advantage Fund?

A mutual fund’s expense ratio is a measure of the annual cost associated with having that fund’s assets managed on your behalf. When calculating a fund’s performance, the Expense Ratio is the amount of money taken out of the fund’s AUM for administrative costs. Pick a fund with a small expense ratio if you’d want to retain more of your hard-earned money.

Who should invest in the Kotak Balanced Advantage Fund?

Investing in the Kotak Balanced Advantage Fund direct growth is suitable for:

● Investors with a moderate to high-risk tolerance looking for a balanced approach to investing
● Investors with a long-term investment horizon
● Investors who are looking to balance their portfolio with both equity and debt investments.
It’s always recommended to consult a financial advisor and assess one’s investment goals, risk tolerance, and financial situation before making any investment decisions.

What are the benefits of investing in Kotak Balanced Advantage Fund?

Investing in the Kotak Balanced Advantage Fund direct growth can provide the following benefits:

● Potential for higher returns compared to traditional debt investments.
● Diversification of investment portfolio with a balanced mix of equity and debt investments.
● Opportunity to participate in the growth of equity markets.
● Professional management of the fund by experienced fund managers.
● Regular income through debt investments.

Fund Managers

Harish Krishnan - Fund Manager

Harish Krishnan has 13 years of experience in equity research and fund management. Before joining the Kotak Mahindra Mutual Funds Online AMC, he was based in Singapore and Dubai and managed Kotak’s offshore funds. He also worked at Infosys Technologies Ltd. He is currently in control of Kotak 50, one of the flagship products of the Kotak Bank Mutual Fund, which has a track record of over 15 years.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Kotak Mahindra Mutual Fund
AUM:
3,12,371 Cr
Address:
27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra(E), Mumbai - 400 051.
Contact:
61152100
Email ID:
fundaccops@kotakmutual.com

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Frequently Asked Questions

How to invest in Kotak Balanced Advantage Fund – Direct Growth ?

You can invest in Kotak Balanced Advantage Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Kotak Balanced Advantage Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Kotak Balanced Advantage Fund – Direct Growth ?

The NAV of Kotak Balanced Advantage Fund – Direct Growth is ₹18.8 as of 28 February 2024.

How to redeem Kotak Balanced Advantage Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Kotak Balanced Advantage Fund – Direct Growth?

The minimum SIP amount of Kotak Balanced Advantage Fund – Direct Growth is ₹100

What are the top sectors Kotak Balanced Advantage Fund – Direct Growth has invested in?

The top sectors Kotak Balanced Advantage Fund – Direct Growth has invested in are
  1. Debt - 25.25%
  2. Banks - 17.28%
  3. IT-Software - 6.7%
  4. Automobiles - 5.12%
  5. Transport Infrastructure - 4.53%

Can I make investments in both the SIP and Lump Sum schemes of Kotak Balanced Advantage Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Kotak Balanced Advantage Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have Kotak Balanced Advantage Fund – Direct Growth generated ?

The Kotak Balanced Advantage Fund – Direct Growth has delivered 12.2% since inception

What is the expense ratio of Kotak Balanced Advantage Fund – Direct Growth ?

The expense ratio of Kotak Balanced Advantage Fund – Direct Growth is 0.51 % as of 28 February 2024.

What is the AUM of Kotak Balanced Advantage Fund – Direct Growth?

The AUM of Kotak Balanced Advantage Fund – Direct Growth is ₹3,12,371 Cr as of 28 February 2024

What are the top stock holdings of Kotak Balanced Advantage Fund – Direct Growth?

The top stock holdings of Kotak Balanced Advantage Fund – Direct Growth are
  1. HDFC Bank - 7%
  2. Adani Ports - 4.53%
  3. ICICI Bank - 4.13%
  4. Reliance Industr - 2.71%
  5. Infosys - 2.67%

How can I redeem my investments in Kotak Balanced Advantage Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Kotak Balanced Advantage Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now