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Kotak Balance Advantage Fund

Kotak Balance Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

10.63

as on 30 Nov 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,548 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

  • ₹ 15.144

    as on 30 Nov 2022
  • Regular - Growth

  • 9 / 22

  • ₹ 1,000

  • ₹ 12,256 Cr.

    as on 31 Dec 2021
  • 1.77%

  • 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 ₹ 15.144 as on 30 Nov 2022.

This fund has 4 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 4.07% 5.98% 14.86% 25.12% 27.73% 17.71% 12.14% 13.51% 25.85% 22.21% 25.43% 17.82% 14.76%
Category Average 2.11% 2.44% 7.54% 7.65% 11.47% 10.66% 8.09% 11.30% 11.14% 9.29% 12.14% 10.15% 10.77%
Kotak Balance Advantage Fund 2.31%₹ 10,231 2.12%₹ 10,211 6.70%₹ 10,670 5.59%₹ 10,559 9.76%₹ 12,626 10.63%₹ 12,249 8.42%₹ 26,138 10.63%₹ 13,548 11.55%₹ 42,800 - - - -
Edelweiss Balanced Advantage Fund 2.94%₹ 10,294 3.03%₹ 10,302 8.43%₹ 10,842 5.56%₹ 10,555 10.56%₹ 12,677 14.08%₹ 13,028 9.78%₹ 26,489 14.88%₹ 15,172 14.36%₹ 44,577 11.16%₹ 16,975 13.21%₹ 83,601 11.48%₹ 29,659 11.61%₹ 2,19,537
ICICI Prudential Balanced Advantage Fund 1.37%₹ 10,137 2.69%₹ 10,268 7.64%₹ 10,764 9.42%₹ 10,941 11.93%₹ 12,763 13.78%₹ 12,959 11.16%₹ 26,847 11.95%₹ 14,039 14.28%₹ 44,529 9.93%₹ 16,054 12.25%₹ 81,634 12.09%₹ 31,333 11.58%₹ 2,19,203
Aditya Birla Sun Life Balanced Advantage Fund 2.83%₹ 10,283 3.41%₹ 10,341 8.27%₹ 10,826 6.59%₹ 10,658 11.72%₹ 12,750 11.43%₹ 12,427 9.28%₹ 26,361 11.64%₹ 13,921 13.02%₹ 43,727 8.88%₹ 15,305 11.25%₹ 79,635 - -
HDFC Balanced Advantage Fund 3.92%₹ 10,391 5.98%₹ 10,598 14.86%₹ 11,485 20.84%₹ 12,084 25.85%₹ 13,623 27.73%₹ 16,346 22.21%₹ 29,777 17.71%₹ 16,323 25.43%₹ 52,050 12.14%₹ 17,737 17.82%₹ 93,638 13.51%₹ 35,535 14.76%₹ 2,59,866
Union Balanced Advantage Fund 1.70%₹ 10,170 1.57%₹ 10,157 6.09%₹ 10,608 4.02%₹ 10,402 7.65%₹ 12,492 8.44%₹ 11,767 6.37%₹ 25,613 11.44%₹ 13,848 10.73%₹ 42,293 - - - -

Portfolio Holdings

Portfolio holdings pattern of Kotak Balance Advantage Fund as on 01 Dec 2022 are listed below:

  • Equity Holdings:

    67.67%
  • Debt Holdings:

    15.83%
  • Others Holdings:

    16.50%

Top Sector Holdings of Kotak Balance Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 12.60% ₹ 1,606.43 Cr.
Computers - Software 7.05% ₹ 899.02 Cr.
Steel 4.59% ₹ 586.03 Cr.
Refineries/Marketing 3.99% ₹ 509.37 Cr.
Port 3.53% ₹ 450.14 Cr.
Others 68.24% -

Top Stock Holdings of Kotak Balance Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 3.56% ₹ 454.11 Cr.
Adani Ports And Special Economic Zone Ltd. 3.53% ₹ 450.14 Cr.
Reliance Industries Ltd. 3.42% ₹ 435.50 Cr.
Tata Consultancy Services Ltd. 2.45% ₹ 311.78 Cr.
Infosys Ltd. 2.38% ₹ 302.98 Cr.
Others 84.66% -

Top Debt Instrument Type holdings of Kotak Balance Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 14.38% ₹ 1,837.50 Cr.
NCD & Bonds 1.45% ₹ 184.70 Cr.
Others 84.17% -

Top Debt Holdings of Kotak Balance Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 14.38% ₹ 1,837.50 Cr.
Bond - Bank Of Baroda 0.63% ₹ 79.88 Cr.
Bond - Punjab National Bank 0.39% ₹ 49.53 Cr.
Bond - Rural Electrification Corporation Limited 0.31% ₹ 39.75 Cr.
Bond - Embassy Office Parks Reit 0.08% ₹ 10.00 Cr.
Others 84.21%

Other Holdings

Holding TypeHolding Percentage
MF Units 11.81%
TREPS 4.66%
Warrants 0.17%
InvITs 0.16%
Net Receivables -0.30%