Name: Kotak Balanced Advantage Fund Direct Growth
Brand: Kotak Mahindra Mutual Fund

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Kotak Balanced Advantage Fund Direct Growth
Hybrid
Dynamic Asset Allocation
Moderately High Risk
22.25%
1Y return
-0.06% 1D
1M
6M
1Y
All
NAV: 28 Jul 2021₹14.34
Min. SIP Amount₹100
Rating2star
Fund Size₹9,379.77 Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns22.3%NANA12.8%
Category average24.8%9.3%9.1%NA
Rank with in category12NANANA
Understand termsinfo
Holdings (105)NameSectorInstrumentAssets
Kotak Liquid - Plan A - Direct Plan-Growth
FinancialMutual Fund11.8%
GOI
SovereignGOI FRB5.0%
ICICI Bank Ltd.FinancialEquity3.4%
Infosys Ltd.TechnologyEquity3.3%
Reliance Industries Ltd.EnergyEquity2.9%
Adani Ports and Special Economic Zone Ltd.ServicesEquity2.8%
Bharti Airtel Ltd.CommunicationEquity2.7%
Tata Consultancy Services Ltd.TechnologyEquity2.7%
HDFC Bank Ltd.FinancialEquity2.4%
GOI
SovereignGOI Sec2.3%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Expense ratio, exit load and taxExpense ratio: 0.52%Inclusive of GST
Exit loadFor units in excess of 8% of the investment,1% will be charged for redemption within 365 days
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand termsinfo
Minimum investment amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100
Fund managementAbhishek Bisen
Jul 2018 - Present
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Education
Mr. Bisen is a BA and MBA in Finance.
Experience
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 earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
Also manages these schemes
Kotak Gilt Investment Regular IDCW Quarterly
Kotak Gilt Investment Regular Growth
Kotak Gilt Investment PF & Trust IDCW Quarterly
Kotak Gilt Investment PF & Trust Growth
Kotak Equity Hybrid Fund Regular IDCW
Kotak Bond Fund Growth
Kotak Bond Fund Regular IDCW Quarterly
Kotak Bond Fund Regular Growth
Kotak Bond Fund Regular IDCW Yearly
Kotak Gold Exchange Traded Fund
Kotak Gold Fund Regular IDCW
Kotak Gold Fund Regular Growth
Kotak Debt Hybrid Fund Regular IDCW Monthly
Kotak Debt Hybrid Fund Regular Growth
Kotak Debt Hybrid Fund Regular IDCW Quarterly
Kotak Bond Fund Direct IDCW Yearly
Kotak Bond Fund Direct Growth
Kotak Bond Fund Direct IDCW Quarterly
Kotak Gilt Investment PF & Trust Direct Growth
Kotak Gilt Investment Direct IDCW Quarterly
Kotak Gilt Investment Direct Growth
Kotak Equity Hybrid Fund Direct IDCW
Kotak Gold Fund Direct IDCW
Kotak Gold Fund Direct Growth
Kotak Debt Hybrid Fund Direct Growth
Kotak Debt Hybrid Fund Direct IDCW Monthly
Kotak Debt Hybrid Fund Direct IDCW Quarterly
Kotak Equity Savings Fund Regular Growth
Kotak Equity Savings Fund Direct Growth
Kotak Equity Savings Fund Regular IDCW Monthly
Kotak Equity Savings Fund Direct IDCW Monthly
Kotak Equity Savings Fund Regular IDCW Quarterly
Kotak Equity Savings Fund Direct IDCW Quarterly
Kotak Equity Hybrid Fund Direct Growth
Kotak Equity Hybrid Fund Regular Growth
Kotak Capital Protection Oriented Scheme Series I Regular Growth
Kotak Capital Protection Oriented Scheme Series 2 Regular Growth
Kotak Capital Protection Oriented Scheme Series 4 Regular Growth
Kotak Capital Protection Oriented Scheme Series 4 Direct Growth
Kotak Balanced Advantage Fund Regular Growth
Kotak Balanced Advantage Fund Direct IDCW
Kotak Balanced Advantage Fund Direct Growth
Kotak Balanced Advantage Fund Regular IDCW
Kotak Nasdaq 100 FOF Regular Growth
Kotak Nasdaq 100 FOF Direct Growth
Deepak Gupta
Jul 2018 - Present
View Details
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Education
Mr. Gupta is a B.Com (H), CA, Cost Accountant and CFA.
Experience
He has been associated with Kotak AMC since 2007.
Also manages these schemes
Kotak Asset Allocator Fund Regular IDCW
Kotak Asset Allocator Fund Regular Growth
Kotak India EQ Contra Fund Regular IDCW
Kotak India EQ Contra Fund Regular Growth
Kotak Equity Arbitrage Fund Regular IDCW Monthly
Kotak Equity Arbitrage Fund Regular Growth
Kotak Global Emerging Market Fund Regular Growth
Kotak Global Emerging Market Fund Regular IDCW
Kotak PSU Bank Exchange Traded Fund
Kotak Sensex Exchange Traded Fund
Kotak Nifty ETF IDCW
Kotak India EQ Contra Fund Direct IDCW
Kotak India EQ Contra Fund Direct Growth
Kotak Equity Arbitrage Fund Direct IDCW Monthly
Kotak Equity Arbitrage Fund Direct Growth
Kotak Asset Allocator Fund Direct IDCW
Kotak Asset Allocator Fund Direct Growth
Kotak Global Emerging Market Fund Direct IDCW
Kotak Global Emerging Market Fund Direct Growth
Kotak Equity Savings Fund Regular Growth
Kotak Equity Savings Fund Direct Growth
Kotak Equity Savings Fund Regular IDCW Monthly
Kotak Equity Savings Fund Direct IDCW Monthly
Kotak Equity Savings Fund Regular IDCW Quarterly
Kotak Equity Savings Fund Direct IDCW Quarterly
Kotak Equity Arbitrage Fund Direct IDCW Bimonthly
Kotak Equity Arbitrage Fund Regular IDCW Bimonthly
Kotak Banking ETF Regular IDCW
Kotak World Gold Fund Standard IDCW
Kotak World Gold Fund Standard Growth
Kotak World Gold Fund Direct Growth
Kotak World Gold Fund Direct IDCW
Kotak US Equity Fund Standard IDCW
Kotak US Equity Fund Standard Direct Growth
Kotak US Equity Fund Standard Direct IDCW
Kotak US Equity Fund Standard Growth
Kotak Capital Protection Oriented Scheme Series I Regular Growth
Kotak NV 20 ETF IDCW
Kotak Capital Protection Oriented Scheme Series 2 Regular Growth
Kotak Capital Protection Oriented Scheme Series 4 Regular Growth
Kotak Capital Protection Oriented Scheme Series 4 Direct Growth
Kotak Equity Arbitrage Direct IDCW Fortnightly
Kotak Equity Arbitrage Regular IDCW Fortnightly
Kotak Balanced Advantage Fund Regular Growth
Kotak Balanced Advantage Fund Direct IDCW
Kotak Balanced Advantage Fund Direct Growth
Kotak Balanced Advantage Fund Regular IDCW
Harish Krishnan
Jul 2018 - Present
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Education
Mr. Krishnan is a Graduate from Government Engineering College Trichur and MBA from IIM Kozhikode
Experience
Prior to joining Kotak Mahindra 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.
Also manages these schemes
Kotak Bluechip Fund Regular IDCW
Kotak Bluechip Fund Regular Growth
Kotak Bluechip Fund Direct Growth
Kotak Bluechip Fund Direct IDCW
Kotak Equity Savings Fund Regular Growth
Kotak Equity Savings Fund Direct Growth
Kotak Equity Savings Fund Regular IDCW Monthly
Kotak Equity Savings Fund Direct IDCW Monthly
Kotak Equity Savings Fund Regular IDCW Quarterly
Kotak Equity Savings Fund Direct IDCW Quarterly
Kotak Infrastructure and Economic Reform Fund Standard Growth
Kotak Infrastructure and Economic Reform Fund Standard IDCW
Kotak Infrastructure and Economic Reform Fund Direct IDCW
Kotak Infrastructure and Economic Reform Fund Direct Growth
Kotak India Growth Fund Series 5 Regular Growth
Kotak India Growth Fund Series 5 Direct Growth
Kotak India Growth Fund Series 5 Regular IDCW
Kotak Balanced Advantage Fund Regular Growth
Kotak Balanced Advantage Fund Direct IDCW
Kotak Balanced Advantage Fund Direct Growth
Kotak Balanced Advantage Fund Regular IDCW
Kotak Focused Equity Fund Direct Growth
Kotak Focused Equity Fund Direct IDCW
Kotak Focused Equity Fund Regular IDCW
Kotak Focused Equity Fund Regular Growth
Kotak Pioneer Fund Regular Growth
Kotak Pioneer Fund Direct IDCW
Kotak Pioneer Fund Direct Growth
Kotak Pioneer Fund Regular IDCW
Hiten Shah
Oct 2019 - Present
View Details
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Education
Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
Experience
Prior to joining Kotak Mahindra Mutual fund, he was associated with Edelweiss Asset Management for more than 8 years as a CoFund manager and Chief dealer in equities segment. He was also associated with Edelweiss securities Ltd. as low risk arbitrage trader for more than 3 years.
Also manages these schemes
Kotak Equity Arbitrage Fund Regular IDCW Monthly
Kotak Equity Arbitrage Fund Regular Growth
Kotak Equity Arbitrage Fund Direct IDCW Monthly
Kotak Equity Arbitrage Fund Direct Growth
Edelweiss Arbitrage Fund Regular Growth
Edelweiss Arbitrage Fund Direct Growth
Edelweiss Arbitrage Fund Regular IDCW
Edelweiss Arbitrage Fund Regular Bonus
Edelweiss Arbitrage Fund Direct IDCW
Kotak Equity Savings Fund Regular Growth
Kotak Equity Savings Fund Direct Growth
Kotak Equity Savings Fund Regular IDCW Monthly
Kotak Equity Savings Fund Direct IDCW Monthly
Kotak Equity Savings Fund Regular IDCW Quarterly
Kotak Equity Savings Fund Direct IDCW Quarterly
Kotak Equity Arbitrage Fund Direct IDCW Bimonthly
Kotak Equity Arbitrage Fund Regular IDCW Bimonthly
Edelweiss Exchange Traded Fund Nifty 50
Edelweiss Exchange Traded Fund Nifty Bank
Edelweiss ETF Nifty 100 Quality 30
Edelweiss Greater China Equity Off shore Fund Regular Growth
Edelweiss Greater China Equity Off shore Fund Direct Growth
Edelweiss ASEAN Equity Off Shore Fund Regular Growth
Edelweiss ASEAN Equity Off Shore Fund Direct Growth
Edelweiss US Value Equity Offshore Fund Regular Growth
Edelweiss US Value Equity Offshore Fund Direct Growth
Edelweiss Europe Dynamic Equity Offshore Fund Regular Growth
Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth
Edelweiss Emerging Markets Opportunities Equity Offshore Fund Direct Growth
Edelweiss Emerging Markets Opportunities Equity Offshore Fund Regular Growth
Edelweiss Equity Savings Fund Direct Growth
Edelweiss Equity Savings Fund Direct IDCW
Edelweiss Equity Savings Fund Regular IDCW
Edelweiss Equity Savings Fund Direct Bonus
Edelweiss Equity Savings Fund Regular Growth
Edelweiss Equity Savings Fund Regular Bonus
Kotak Equity Arbitrage Direct IDCW Fortnightly
Kotak Equity Arbitrage Regular IDCW Fortnightly
Edelweiss Arbitrage Fund Regular IDCW Monthly
Edelweiss Arbitrage Fund Direct IDCW Monthly
Edelweiss Equity Savings Fund Direct IDCW Monthly
Edelweiss Equity Savings Fund Regular IDCW Monthly
Kotak Balanced Advantage Fund Regular Growth
Kotak Balanced Advantage Fund Direct IDCW
Kotak Balanced Advantage Fund Direct Growth
Kotak Balanced Advantage Fund Regular IDCW
Arjun Khanna
Jul 2018 - Present
View Details
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Education
Mr. Khanna has done CFA, FRM, MMS(Finance) & B.E (Electronics)
Experience
Prior to joining Kotak Mahindra Mutual Fund, he was with Principal Mutual Fund and has also worked with Citibank.
Also manages these schemes
Kotak Asset Allocator Fund Regular IDCW
Kotak Asset Allocator Fund Regular Growth
Kotak Global Emerging Market Fund Regular Growth
Kotak Global Emerging Market Fund Regular IDCW
Kotak Asset Allocator Fund Direct IDCW
Kotak Asset Allocator Fund Direct Growth
Kotak Global Emerging Market Fund Direct IDCW
Kotak Global Emerging Market Fund Direct Growth
Kotak Equity Savings Fund Regular Growth
Kotak Equity Savings Fund Direct Growth
Kotak Equity Savings Fund Regular IDCW Monthly
Kotak Equity Savings Fund Direct IDCW Monthly
Kotak Equity Savings Fund Regular IDCW Quarterly
Kotak Equity Savings Fund Direct IDCW Quarterly
Kotak World Gold Fund Standard IDCW
Kotak World Gold Fund Standard Growth
Kotak World Gold Fund Direct Growth
Kotak World Gold Fund Direct IDCW
Kotak US Equity Fund Standard IDCW
Kotak US Equity Fund Standard Direct Growth
Kotak US Equity Fund Standard Direct IDCW
Kotak US Equity Fund Standard Growth
Kotak Balanced Advantage Fund Regular Growth
Kotak Balanced Advantage Fund Direct IDCW
Kotak Balanced Advantage Fund Direct Growth
Kotak Balanced Advantage Fund Regular IDCW
Kotak Floating Rate Fund Regular Growth
Kotak Floating Rate Fund Direct Growth
Kotak Focused Equity Fund Direct Growth
Kotak Focused Equity Fund Direct IDCW
Kotak Focused Equity Fund Regular IDCW
Kotak Focused Equity Fund Regular Growth
Kotak Pioneer Fund Regular Growth
Kotak Pioneer Fund Direct IDCW
Kotak Pioneer Fund Direct Growth
Kotak Pioneer Fund Regular IDCW
Kotak ESG Opportunities Fund Regular Growth
Kotak ESG Opportunities Fund Direct IDCW
Kotak ESG Opportunities Fund Direct Growth
Kotak Nasdaq 100 FOF Regular Growth
Kotak Nasdaq 100 FOF Direct Growth
Kotak Global Innovation FoF Direct Growth
Fund house & investment objective
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Kotak Mahindra Mutual Fund
Rank (total assets)#5 in India
Total AUM2,32,434.26 Cr
Date of Incorporation23 Jun 1998
Kotak Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to
Kotak Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 23 Jun 1998. Abhishek Bisen, Deepak Gupta, Harish Krishnan is the Current Fund Manager of Kotak Balanced Advantage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,32,434 Cr and the Latest NAV as of 28 Jul 2021 is ₹14.34.
The Kotak Balanced Advantage Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 1000. For units in excess of 8% of the investment,1% will be charged for redemption within 365 days...Read more
Investment Objective
The scheme seeks to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & mo
The scheme seeks to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.
...Read more
Fund benchmarkNIFTY 50 Hybrid Composite debt 50:50 Index
descriptionScheme Information Document(SID)
Fund house contact details
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Address
27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
Phone
022 - 66384444
Launch Date
23 Jun 1998
E-mail
[email protected]
Website
NA
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
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	1Y	3Y	5Y	All
Fund returns	22.3%	NA	NA	12.8%
Category average	24.8%	9.3%	9.1%	NA
Rank with in category	12	NA	NA	NA

Name	Sector	Instrument	Assets
Kotak Liquid - Plan A - Direct Plan-Growth	Financial	Mutual Fund	11.8%
GOI	Sovereign	GOI FRB	5.0%
ICICI Bank Ltd.	Financial	Equity	3.4%
Infosys Ltd.	Technology	Equity	3.3%
Reliance Industries Ltd.	Energy	Equity	2.9%
Adani Ports and Special Economic Zone Ltd.	Services	Equity	2.8%
Bharti Airtel Ltd.	Communication	Equity	2.7%
Tata Consultancy Services Ltd.	Technology	Equity	2.7%
HDFC Bank Ltd.	Financial	Equity	2.4%
GOI	Sovereign	GOI Sec	2.3%

Min. for 1st investment	₹1,000
Min. for 2nd investment onwards	₹1,000

Rating	2
Fund Size	₹9,379.77 Cr