Fund Performance
Lumpsum
SIP
10.82
as on 08 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,609 today.
NAV Performance

Fund Information
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₹ 17.063
as on 08 Dec 2023 -
Regular - Growth
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4 / 22
-
₹ 1,000
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₹ 14,422 Cr.
as on 31 May 2023 -
1.61%
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03 Aug 2018
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Nifty 50
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Kotak Mahindra Mutual Fund
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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 ₹ 17.063 as on 08 Dec 2023.
This fund has 5 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.61%. 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
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About Abhishek Bisen
Mr. 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.
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About Harish Krishnan
Mr. 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.
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About Hiten Shah
Hiten 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 Very 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 | 7.64% | 8.16% | 21.38% | 25.80% | 22.18% | 25.11% | 17.93% | 16.32% | 37.68% | 28.02% | 24.35% | 22.64% | 16.46% |
Category Average | 4.16% | 4.00% | 10.51% | 14.30% | 9.78% | 11.39% | 10.97% | 12.13% | 21.51% | 14.91% | 12.24% | 12.50% | 11.11% |
Kotak Balance Advantage Fund | 3.90%₹ 10,389 | 3.58%₹ 10,358 | 8.58%₹ 10,857 | 12.78%₹ 11,278 | 17.18%₹ 13,088 | 8.68%₹ 11,812 | 12.98%₹ 27,318 | 10.82%₹ 13,609 | 10.94%₹ 42,419 | 11.50%₹ 17,245 | 11.86%₹ 80,822 | - | - |
HDFC Balanced Advantage Fund | 7.64%₹ 10,763 | 8.16%₹ 10,816 | 20.87%₹ 12,087 | 25.80%₹ 12,579 | 37.68%₹ 14,326 | 22.18%₹ 14,927 | 28.02%₹ 31,353 | 25.11%₹ 19,583 | 24.35%₹ 51,270 | 17.93%₹ 22,834 | 22.64%₹ 1,05,213 | 16.32%₹ 45,432 | 16.46%₹ 2,84,642 |
ICICI Prudential Balanced Advantage Fund | 3.93%₹ 10,393 | 4.72%₹ 10,472 | 10.42%₹ 11,041 | 13.99%₹ 11,399 | 19.60%₹ 13,237 | 11.07%₹ 12,335 | 14.64%₹ 27,754 | 12.99%₹ 14,425 | 12.90%₹ 43,644 | 12.42%₹ 17,966 | 13.57%₹ 84,307 | 12.40%₹ 32,213 | 11.64%₹ 2,19,838 |
Edelweiss Balanced Advantage Fund | 4.88%₹ 10,487 | 4.33%₹ 10,433 | 10.54%₹ 11,053 | 13.35%₹ 11,334 | 20.66%₹ 13,303 | 8.73%₹ 11,821 | 14.17%₹ 27,631 | 12.88%₹ 14,382 | 11.94%₹ 43,039 | 13.45%₹ 18,806 | 14.01%₹ 85,228 | 12.11%₹ 31,408 | 11.81%₹ 2,21,807 |
Union Balanced Advantage Fund | 4.89%₹ 10,489 | 4.45%₹ 10,445 | 9.11%₹ 10,911 | 12.14%₹ 11,214 | 17.61%₹ 13,115 | 7.54%₹ 11,565 | 12.15%₹ 27,101 | 8.96%₹ 12,935 | 9.74%₹ 41,678 | 11.36%₹ 17,137 | 11.40%₹ 79,914 | - | - |
Nippon India Balanced Advantage Fund | 5.15%₹ 10,514 | 4.72%₹ 10,471 | 11.12%₹ 11,112 | 12.65%₹ 11,264 | 20.69%₹ 13,305 | 9.80%₹ 12,055 | 14.45%₹ 27,704 | 12.62%₹ 14,284 | 12.13%₹ 43,159 | 11.27%₹ 17,063 | 12.54%₹ 82,200 | 12.30%₹ 31,945 | 10.91%₹ 2,11,511 |
Portfolio Holdings
Top Sector Holdings of Kotak Balance Advantage Fund
Name of Sector | Holding Percentage | Holding Values in Crore |
---|---|---|
Banks | 13.08% | ₹ 1,922.54 Cr. |
Computers - Software | 5.24% | ₹ 771.64 Cr. |
Refineries/Marketing | 4.34% | ₹ 637.05 Cr. |
Pharmaceuticals | 3.65% | ₹ 534.07 Cr. |
Passenger/Utility vehicles | 3.46% | ₹ 508.76 Cr. |
Others | 70.23% | - |
Top Stock Holdings of Kotak Balance Advantage Fund
Name of Stocks | Holding Percentage | Holding Values in Crore |
---|---|---|
HDFC Bank Ltd. | 4.09% | ₹ 601.38 Cr. |
Reliance Industries Ltd. | 3.60% | ₹ 528.50 Cr. |
ICICI Bank Ltd. | 3.51% | ₹ 516.26 Cr. |
Adani Ports And Special Economic Zone Ltd. | 3.23% | ₹ 474.85 Cr. |
Housing Development Finance Corporation Ltd. | 2.73% | ₹ 401.50 Cr. |
Others | 82.84% | - |
Top Debt Instrument Type holdings of Kotak Balance Advantage Fund
Instrument Type | Holding Percentage | Holding Values in Crore |
---|---|---|
GOI | 18.86% | ₹ 2,772.04 Cr. |
NCD & Bonds | 6.06% | ₹ 891.60 Cr. |
T-Bills | 0.09% | ₹ 12.93 Cr. |
Others | 74.99% | - |
Top Debt Holdings of Kotak Balance Advantage Fund
Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
---|---|---|
Bond - Govt of India | 18.86% | ₹ 2,772.04 Cr. |
Bond - National Bank for Agriculture & Rural Development | 1.74% | ₹ 256.71 Cr. |
Bond - Housing Development Finance Corporation Ltd. | 1.53% | ₹ 225.18 Cr. |
Bond - Small Industries Development Bank Of India | 0.68% | ₹ 99.52 Cr. |
Bond - U P Power Corporation Ltd. | 0.63% | ₹ 92.11 Cr. |
Others | 76.56% |
Other Holdings
Holding Type | Holding Percentage |
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TREPS | 4.17% |
Net Receivables | 1.31% |
MF Units | 0.71% |
InvITs | 0.12% |
Warrants | 0.09% |