Kotak Balanced Advantage Fund – Direct Growth

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

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.