Home>Mutual Funds>Kotak Mahindra Mutual Fund>Kotak Balanced Advantage Fund Direct Growth

Kotak Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Moderately High Risk
15.83%
3Y annualised
-0.17% 1D
1M
6M
1Y
3Y
All
NAV: 22 Oct 2021₹15.03
Min. SIP amount₹100
Rating5star
Fund size₹11,286.23 Cr

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA23.4%15.8%13.5%
Category averageNA24.8%9.3%NA
Rank with in categoryNA174NA
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Holdings (113)

NameSectorInstrumentAssets
Kotak Liquid - Plan A - Direct Plan-Growth
FinancialMutual Fund11.4%
GOI
SovereignGOI FRB6.3%
FinancialEquity3.8%
ServicesEquity3.7%
TechnologyEquity2.9%
EnergyEquity2.8%
GOI
SovereignGOI Sec2.7%
CommunicationEquity2.6%
TechnologyEquity2.5%
MetalsEquity2.2%
See All

Pros and cons

info
Category: Hybrid Dynamic Asset Allocation
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Pros

3Y annualised returns higher than category average by 6.5%
Higher alpha: 1.52 The fund has generated returns higher than benchmark - NIFTY 50 Hybrid Composite debt 50:50 Index - in the last 3Y
Lower expense ratio: 0.46%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons

1Y annualised returns lower than category average by 1.42%

Expense ratio, exit load and tax

Expense ratio: 0.46%

Inclusive of GST

Exit load

For units in excess of 8% of the investment,1% will be charged for redemption within 365 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand termsinfo
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100

Fund management

Abhishek Bisen
Jul 2018 - Present
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Deepak Gupta
Jul 2018 - Present
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Harish Krishnan
Jul 2018 - Present
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Hiten Shah
Oct 2019 - Present
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Arjun Khanna
Jul 2018 - Present
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Fund house & investment objective

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Fund house contact details

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