|Adani Ports||Infrastructure Developers & Operators||Equity||3.08%|
|Infosys||IT - Software||Equity||2.46%|
|Larsen & Toubro||Infrastructure Developers & Operators||Equity||1.63%|
|Persistent Sys||IT - Software||Equity||1.5%|
|TCS||IT - Software||Equity||1.41%|
|M & M||Automobile||Equity||1.4%|
|Kotak Mah. Bank||Banks||Equity||1.13%|
|Interglobe Aviat||Air Transport Service||Equity||0.97%|
|Dr Reddy's Labs||Pharmaceuticals||Equity||0.93%|
|United Breweries||Alcoholic Beverages||Equity||0.81%|
|Indraprastha Gas||Gas Distribution||Equity||0.78%|
|Tech Mahindra||IT - Software||Equity||0.77%|
|Hindalco Inds.||Non Ferrous Metals||Equity||0.72%|
|I D F C||Finance||Equity||0.65%|
|V-Guard Industri||Capital Goods - Electrical Equipment||Equity||0.63%|
|United Spirits||Alcoholic Beverages||Equity||0.63%|
|B P C L||Refineries||Equity||0.62%|
|HDFC Life Insur.||Insurance||Equity||0.6%|
|Samvardh. Mothe.||Auto Ancillaries||Equity||0.59%|
|Bank of Baroda||Banks||Equity||0.54%|
|Titan Company||Diamond, Gems and Jewellery||Equity||0.48%|
|LTIMindtree||IT - Software||Equity||0.47%|
|Carborundum Uni.||Capital Goods-Non Electrical Equipment||Equity||0.4%|
|Sansera Enginee.||Auto Ancillaries||Equity||0.32%|
|Zomato Ltd||E-Commerce/App based Aggregator||Equity||0.31%|
|PB Fintech.||IT - Software||Equity||0.3%|
|NMDC||Mining & Mineral products||Equity||0.19%|
|Supreme Inds.||Plastic products||Equity||0.18%|
|Orient Electric||Consumer Durables||Equity||0.16%|
|Motherson Wiring||Auto Ancillaries||Equity||0.14%|
|HCL Technologies||IT - Software||Equity||0.13%|
|Bharti Airtel PP||Telecomm-Service||Equity||0.1%|
|S A I L||Steel||Equity||0.09%|
|AU Small Finance||Banks||Equity||0.05%|
|The Ramco Cement||Cement||Equity||0.01%|
|Exide Inds.||Auto Ancillaries||Equity||0.01%|
|Pharmaceuticals & Biotech||3.96%|
|Cement & Cement Products||2.96%|
|Fertilisers & Agrochemica||0.78%|
|Chemicals & Petrochemical||0.58%|
|Cash & Others||0.39%|
|Financial Technology (Fin||0.28%|
|Minerals & Mining||0.18%|
|Govt Securities / Sovereign||15%|
|Net Curr Ass/Net Receivables||1.08%|
|Mutual Funds Units||0.71%|
|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.|
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
|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.
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.
- Fund Name
- Fund Size
- 3Y Returns
- HSBC Balanced Advantage Fund – Direct Growth
12.3%Fund Size - 1,373
10%Fund Size - 1,373
9.5%Fund Size - 1,373
- HDFC Balanced Advantage Fund – Direct Growth
22.8%Fund Size - 61,598
29.2%Fund Size - 61,598
16%Fund Size - 61,598
- Edelweiss Balanced Advantage Fund – Dir Growth
11.9%Fund Size - 9,394
16.2%Fund Size - 9,394
13.1%Fund Size - 9,394
- Aditya Birla SL Balanced Advantage Fund-Dir Growth
12.4%Fund Size - 6,794
15.6%Fund Size - 6,794
11.7%Fund Size - 6,794
- ICICI Pru Balanced Advantage Fund – Dir Growth
11.8%Fund Size - 49,102
15.4%Fund Size - 49,102
12%Fund Size - 49,102
AMC Contact Details
Frequently Asked Questions
How to invest in Kotak Balanced Advantage Fund – Direct Growth ?
- 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 ?
How to redeem Kotak Balanced Advantage Fund – Direct Growth holding ?
What is the minimum sip amount of Kotak Balanced Advantage Fund – Direct Growth?
What are the top sectors Kotak Balanced Advantage Fund – Direct Growth has invested in?
- Debt - 29.77%
- Banks - 15.56%
- IT-Software - 6.54%
- Automobiles - 4.7%
- Pharmaceuticals & Biotech - 3.96%
Can I make investments in both the SIP and Lump Sum schemes of Kotak Balanced Advantage Fund – Direct Growth?
How much returns have Kotak Balanced Advantage Fund – Direct Growth generated ?
What is the expense ratio of Kotak Balanced Advantage Fund – Direct Growth ?
What is the AUM of Kotak Balanced Advantage Fund – Direct Growth?
What are the top stock holdings of Kotak Balanced Advantage Fund – Direct Growth?
How can I redeem my investments in Kotak Balanced Advantage Fund – Direct Growth?
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.