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Kotak Balanced Advantage Fund Direct Growth+0.24%

11.91%
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 Ratio0.70%
NAV12.69 (27 Nov 2020)
Fund Started13 Jul 2018
Fund Size4,784 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
11.9%
-
-
4.9%
Category Average
8.9%
5.7%
7.7%
-
Rank Within Category
9
-
-
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 11.9% 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
    Kotak Liquid - Plan A - Direct Plan-GrowthFinancialMutual Fund9.6%
    Reliance Industries Ltd.EnergyEquity5.0%
    ICICI Bank Ltd.FinancialEquity3.9%
    HDFC Bank Ltd.FinancialEquity3.4%
    Infosys Ltd.TechnologyEquity3.1%
    GOISovereignGOI Sec3.1%
    Tata Consultancy Services Ltd.TechnologyEquity2.6%
    GOISovereignGOI Sec2.3%
    Punjab National BankFinancialDebenture2.1%
    Bharti Airtel Ltd.CommunicationEquity2.0%
    See All

    Fund Managers

    Abhishek Bisen
    keyboard_arrow_down
    Deepak Gupta
    keyboard_arrow_down
    Harish Krishnan
    keyboard_arrow_down
    Hiten Shah
    keyboard_arrow_down
    Arjun Khanna
    keyboard_arrow_down

    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 ₹4,784 Cr and the Latest NAV as of 27 Nov 2020 is ₹12.69.

    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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