Kotak Balanced Advantage Fund Direct Dividend is a Dynamic/Asset Allocation Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 03 Aug 2018. Abhishek Bisen, Deepak Gupta, Harish Krishnan is the Current Fund Manager of Kotak Balanced Advantage Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹3,067 Cr and the Latest NAV as of 20 Nov 2019 is ₹11.30.
The Kotak Balanced Advantage Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. For redemption more than 10% of the units allotted, an exit load of 1% will be charged if redeemed within 1 year..
The investment objective of the scheme is to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
For redemption more than 10% of the units allotted, an exit load of 1% will be charged if redeemed within 1 year.