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Kotak Balance Advantage Fund

Kotak Balance Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

12.98

as on 21 Jan 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,425 today.

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NAV Performance

Kotak Balance Advantage Fund performance graph for last 3 years
Performance of Kotak Balance Advantage Fund for last 3 Years

Fund Information

  • ₹ 14.462

    as on 21 Jan 2022
  • Regular - Growth

  • 8 / 22

  • ₹ 1,000

  • ₹ 12,256 Cr.

    as on 21 Jan 2022
  • 1.77%

    since 30 Nov 2021
  • 03 Aug 2018

  • Hybrid - Dynamic Asset Allocation or Balanced Advantage

  • Nifty 50

  • Kotak Mahindra Mutual Fund

    Show All Funds

Highlights of this fund

Kotak Balance Advantage Fund is an Open-ended Hybrid Fund. The fund belongs to Dynamic Asset Allocation or Balanced Advantage category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 03 Aug 2018. This fund is offered by one of the top AMC (Assets Management Company) Kotak Mahindra Mutual Fund. You can also view here all other Hybrid funds offered by Kotak Mahindra Mutual Fund.

Latest NAV of the fund is ₹ 14.462 as on 21 Jan 2022.

This fund has 3 years of track record. Since 30 Nov 2021 expense ratio of this fund is 1.77%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 1,000.

Fund Objective

To generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.

List of Fund Managers of Kotak Balance Advantage Fund

  • About Abhishek Bisen

    Picture of Abhishek BisenMr. Abhishek Bisen has been associated with the company since October 2006. His key responsibilities include fund management of debt schemes. 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 former assignments also include 2 years of merchant banking experience with a leading merchant banking firm.he holds a BA in Management and an MBA in Finance.
  • About Harish Krishnan

    Picture of Harish KrishnanMr. Harish Krishnan has 13 years of experience spread over Equity Research and Fund Management. Prior to joining Kotak 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. Mr. Krishnan holds a CFA, PGDBM (IIM Kozhikode) , B.Tech (Electronics & Communications). He is a Bachelor of Technology (Electronics & Communications) from Government Engineering College, Trichur, a post Graduate in Management from Indian Institute of Management, Kozhikode, and is a Chartered Financial Analyst from the CFA Institute.
  • About Hiten Shah

    Picture of Hiten ShahHiten Shah started his career with Edelweiss Asset Management Limited in the year 2008 and has over 10 years of rich experience in the financial markets. He had joined in the Low Risk Trading team which is responsible for ADR arbitrage, cash-future and index arbitrage. He is the Fund Manager and Chief Dealer with us managing several ETF’s as well as offshore funds along with Risk adjusted fund. With an MBA in Finance from Mumbai University, he strongly believes that one should develop a passion for learning; if you do, you will never cease to grow.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 4.95% 3.92% 8.86% 25.49% 20.45% 17.04% 14.33% 13.82% 21.44% 32.34% 22.39% 15.54% 13.87%
Category Average 1.91% -0.36% 5.48% 12.93% 12.49% 11.30% 9.92% 12.67% 11.32% 17.27% 14.51% 10.68% 11.70%
Kotak Balance Advantage Fund 1.54%₹ 10,154 -0.28%₹ 9,971 5.12%₹ 10,512 11.37%₹ 11,136 10.26%₹ 12,657 13.03%₹ 12,780 17.65%₹ 28,555 12.98%₹ 14,425 14.99%₹ 44,988 - - - -
Edelweiss Balanced Advantage Fund 2.30%₹ 10,230 -0.96%₹ 9,903 7.36%₹ 10,736 16.04%₹ 11,604 14.63%₹ 12,932 20.29%₹ 14,477 23.12%₹ 30,024 16.74%₹ 15,916 20.14%₹ 48,391 14.18%₹ 19,417 15.37%₹ 88,165 12.13%₹ 31,458 12.65%₹ 2,32,022
ICICI Prudential Balanced Advantage Fund 2.19%₹ 10,219 0.35%₹ 10,034 6.82%₹ 10,681 14.15%₹ 11,415 12.80%₹ 12,817 13.50%₹ 12,886 20.19%₹ 29,234 12.93%₹ 14,406 16.23%₹ 45,793 11.47%₹ 17,220 12.66%₹ 82,464 13.82%₹ 36,543 12.32%₹ 2,27,969
Aditya Birla Sun Life Balanced Advantage Fund 2.10%₹ 10,209 -1.68%₹ 9,831 4.12%₹ 10,411 12.52%₹ 11,251 10.52%₹ 12,674 13.90%₹ 12,978 19.59%₹ 29,075 12.57%₹ 14,268 15.97%₹ 45,620 9.99%₹ 16,108 11.92%₹ 80,974 - -
HDFC Balanced Advantage Fund 4.95%₹ 10,495 -1.76%₹ 9,823 8.86%₹ 10,886 25.49%₹ 12,549 21.44%₹ 13,353 18.45%₹ 14,037 32.34%₹ 32,560 14.46%₹ 14,999 22.39%₹ 49,930 14.33%₹ 19,549 15.54%₹ 88,535 13.41%₹ 35,254 13.87%₹ 2,47,718
Nippon India Balanced Advantage Fund 2.07%₹ 10,206 -1.08%₹ 9,891 4.20%₹ 10,419 14.13%₹ 11,413 11.40%₹ 12,729 13.12%₹ 12,800 19.09%₹ 28,939 11.75%₹ 13,961 15.11%₹ 45,067 11.54%₹ 17,272 11.59%₹ 80,311 13.34%₹ 35,020 11.88%₹ 2,22,704

Portfolio Holdings

Portfolio holdings pattern of Kotak Balance Advantage Fund as on 23 Jan 2022 are listed below:

  • Equity Holdings:

    65.65%
  • Debt Holdings:

    20.27%
  • Others Holdings:

    14.08%

Top Sector Holdings of Kotak Balance Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 13.33% ₹ 1,576.18 Cr.
Computers - Software 7.00% ₹ 825.84 Cr.
Steel 5.10% ₹ 601.79 Cr.
Refineries/Marketing 3.70% ₹ 437.18 Cr.
Port 3.55% ₹ 419.01 Cr.
Others 67.32% -

Top Stock Holdings of Kotak Balance Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 4.12% ₹ 486.48 Cr.
Adani Ports And Special Economic Zone Ltd. 3.55% ₹ 419.01 Cr.
Infosys Ltd. 2.74% ₹ 323.38 Cr.
Reliance Industries Ltd. 2.58% ₹ 304.67 Cr.
Bharti Airtel Ltd. 2.34% ₹ 276.07 Cr.
Others 84.67% -

Top Debt Instrument Type holdings of Kotak Balance Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 16.02% ₹ 1,901.55 Cr.
NCD & Bonds 4.25% ₹ 503.37 Cr.
Others 79.73% -

Top Debt Holdings of Kotak Balance Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 16.02% ₹ 1,901.55 Cr.
Bond - Power Finance Corporation Ltd. 1.42% ₹ 167.55 Cr.
Bond - HDFC Bank Ltd. 0.84% ₹ 99.06 Cr.
Bond - THDC India Ltd. 0.81% ₹ 95.67 Cr.
Bond - Embassy Office Parks Reit 0.63% ₹ 74.97 Cr.
Others 80.28%

Other Holdings

Holding TypeHolding Percentage
MF Units 12.67%
TREPS 4.05%
Warrants 0.20%
InvITs 0.16%
Net Receivables -3.00%