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Kotak Balance Advantage Fund

Kotak Balance Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

13.32

as on 23 Sep 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,565 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

  • ₹ 14.455

    as on 23 Sep 2021
  • Regular - Growth

  • -

  • ₹ 1,000

  • ₹ 9,380 Cr.

    as on 23 Sep 2021
  • 1.83%

    since 31 May 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 ₹ 14.455 as on 23 Sep 2021.

This fund has 3 years of track record. Since 31 May 2021 expense ratio of this fund is 1.83%. 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 7.25% 9.37% 15.19% 58.24% 22.45% 15.94% 13.28% 13.54% 45.61% 34.55% 23.80% 17.18% 14.16%
Category Average 3.67% 5.91% 10.54% 27.30% 14.48% 10.94% 9.61% 12.60% 24.36% 21.59% 16.31% 12.06% 12.34%
Kotak Balance Advantage Fund 3.19%₹ 10,319 5.39%₹ 10,538 9.98%₹ 10,998 24.32%₹ 12,432 22.43%₹ 13,411 15.41%₹ 13,325 21.98%₹ 29,714 13.32%₹ 14,565 17.77%₹ 46,797 - - - -
Aditya Birla Sun Life Balanced Advantage Fund 3.64%₹ 10,364 6.10%₹ 10,610 12.59%₹ 11,258 34.84%₹ 13,484 27.99%₹ 13,749 16.26%₹ 13,521 25.25%₹ 30,603 13.27%₹ 14,545 19.23%₹ 47,772 10.69%₹ 16,619 13.55%₹ 84,301 - -
Edelweiss Balanced Advantage Fund 4.97%₹ 10,496 8.79%₹ 10,878 15.10%₹ 11,509 37.57%₹ 13,757 34.44%₹ 14,135 22.45%₹ 15,002 30.21%₹ 31,965 15.94%₹ 15,604 23.80%₹ 50,903 13.28%₹ 18,657 17.18%₹ 92,176 12.41%₹ 32,239 13.41%₹ 2,41,673
ICICI Prudential Balanced Advantage Fund 3.28%₹ 10,328 4.80%₹ 10,479 9.56%₹ 10,955 29.56%₹ 12,955 23.76%₹ 13,492 14.82%₹ 13,188 22.52%₹ 29,859 12.72%₹ 14,334 17.67%₹ 46,729 10.71%₹ 16,636 13.31%₹ 83,790 13.48%₹ 35,438 12.84%₹ 2,34,440
DSP Dynamic Asset Allocation Fund 2.35%₹ 10,235 4.06%₹ 10,405 8.51%₹ 10,850 21.89%₹ 12,189 17.65%₹ 13,118 12.28%₹ 12,610 17.09%₹ 28,405 11.40%₹ 13,836 14.31%₹ 44,544 8.67%₹ 15,158 11.08%₹ 79,291 - -
L&T Balanced Advantage Fund 3.48%₹ 10,347 5.39%₹ 10,539 9.17%₹ 10,917 17.36%₹ 11,736 17.77%₹ 13,125 12.81%₹ 12,730 16.86%₹ 28,344 10.09%₹ 13,352 13.79%₹ 44,210 8.76%₹ 15,217 10.65%₹ 78,451 - -

Portfolio Holdings

Portfolio holdings pattern of Kotak Balance Advantage Fund as on 24 Sep 2021 are listed below:

  • Equity Holdings:

    65.31%
  • Debt Holdings:

    15.21%
  • Others Holdings:

    19.48%

Top Sector Holdings of Kotak Balance Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 10.37% ₹ 973.21 Cr.
Computers - software 7.97% ₹ 748.09 Cr.
Steel 5.53% ₹ 518.45 Cr.
Refineries/marketing 4.01% ₹ 375.57 Cr.
Telecom - services 3.29% ₹ 308.63 Cr.
Others 68.83% -

Top Stock Holdings of Kotak Balance Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 3.44% ₹ 323.10 Cr.
Infosys Ltd. 3.30% ₹ 309.71 Cr.
Reliance Industries Ltd. 2.87% ₹ 269.11 Cr.
Adani Ports And Special Economic Zone Ltd. 2.78% ₹ 260.37 Cr.
Bharti Airtel Ltd. 2.75% ₹ 257.79 Cr.
Others 84.86% -

Top Debt Instrument Type holdings of Kotak Balance Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 12.93% ₹ 1,213.69 Cr.
NCD & Bonds 2.28% ₹ 214.85 Cr.
Others 84.79% -

Top Debt Holdings of Kotak Balance Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 12.93% ₹ 1,213.69 Cr.
Bond - Power Finance Corporation Ltd. 1.54% ₹ 144.05 Cr.
Bond - National Cooperative Development Corporation 0.32% ₹ 29.78 Cr.
Bond - Canara Bank 0.26% ₹ 24.74 Cr.
Bond - Rural Electrification Corporation Limited 0.11% ₹ 10.73 Cr.
Others 84.84%

Other Holdings

Holding TypeHolding Percentage
MF Units 11.82%
TREPS 5.57%
Net Receivables 1.69%
Warrants 0.21%
InvITs 0.19%