Kotak Balanced Advantage Fund Direct Growth+0.10%

2
6.43%
1 Year Return
Hybrid
Balanced Advantage
2.0star
6M
1Y
All

Fund Details

Kotak Balanced Advantage Fund Direct Growth

RiskModerately High
Min SIP Amount₹100
Expense Ratio0.81%
NAV11.37 (10 Jul 2020)
Fund Started13 Jul 2018
Fund Size3,812 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Balanced Advantage Fund Direct Growth
6.4%
NA
NA
6.8%
Category Average
-2.6%
2.6%
5.3%
-
Rank within category
11
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 6.4% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    Cons
    1. Age is less than 3 years
    2. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity7.3%
    HDFC Bank Ltd.FinancialEquity3.9%
    ICICI Bank Ltd.FinancialEquity3.1%
    Infosys Ltd.TechnologyEquity3.0%
    GOISovereignGOI Sec2.8%
    Bharti Airtel Ltd.CommunicationEquity2.6%
    Tata Consultancy Services Ltd.TechnologyEquity2.4%
    Power Finance Corpn. Ltd.FinancialNCD2.4%
    Housing Development Finance Corpn. Ltd.FinancialEquity2.1%
    Hindustan Unilever Ltd.FMCGEquity2.1%
    See All

    Fund Managers

    addAbhishek Bisen
    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.
    Funds Managed
    addDeepak Gupta
    Education
    Mr. Gupta is a B.Com (H), CA, Cost Accountant and CFA.
    Experience
    He has been associated with Kotak AMC since 2007.
    Funds Managed
    addHiten Shah
    Education
    Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
    Experience
    Prior to joining Edelweiss Asset Management Limited (since July 2011) he was associated with Edelweiss Securities Limited as Low Risk Arbitrage Trader for over three years.
    Funds Managed
    addArjun Khanna
    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.
    Funds Managed

    Kotak Balanced Advantage Fund Direct Growth Details

    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 13 Jul 2018. 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 ₹3,812 Cr and the Latest NAV as of 10 Jul 2020 is ₹11.37.

    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

    Investment Objective

    The scheme seeks to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.

    Tax Implications

    Returns 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.

    Scheme Information Document(SID)

    ₹1000
    Min for First Investment
    ₹1000
    Min for Second Investment
    For units in excess of 8% of the investment,1% will be charged for redemption within 365 days
    Exit Load

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    About Kotak Mahindra Mutual Fund

    Address
    27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
    Phone
    022 - 66384444
    Launch Date
    23 Jun 1998
    Kotak Mahindra Mutual Fund
    Asset Management Company
    Custodian
    NA
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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