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Kotak Balance Advantage Fund

Kotak Balance Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

10.82

as on 08 Dec 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,609 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

  • ₹ 17.063

    as on 08 Dec 2023
  • Regular - Growth

  • 4 / 22

  • ₹ 1,000

  • ₹ 14,422 Cr.

    as on 31 May 2023
  • 1.61%

  • 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 ₹ 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

  • 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 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

Portfolio holdings pattern of Kotak Balance Advantage Fund as on 10 Dec 2023 are listed below:

  • Equity Holdings:

    68.59%
  • Debt Holdings:

    25.01%
  • Others Holdings:

    6.40%

Top Sector Holdings of Kotak Balance Advantage Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding PercentageHolding 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 InstrumentHolding PercentageHolding 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 TypeHolding Percentage
TREPS 4.17%
Net Receivables 1.31%
MF Units 0.71%
InvITs 0.12%
Warrants 0.09%