| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.81% |
| NAV | ₹11.37 (10 Jul 2020) |
|---|---|
| Fund Started | 13 Jul 2018 |
| Fund Size | ₹3,812 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 7.3% |
| HDFC Bank Ltd. | Financial | Equity | 3.9% |
| ICICI Bank Ltd. | Financial | Equity | 3.1% |
| Infosys Ltd. | Technology | Equity | 3.0% |
| GOI | Sovereign | GOI Sec | 2.8% |
| Bharti Airtel Ltd. | Communication | Equity | 2.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.4% |
| Power Finance Corpn. Ltd. | Financial | NCD | 2.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.1% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.1% |
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
The scheme seeks to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.
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.