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Kotak Balanced Advantage Fund Direct Growth+0.21%

36.46%
1 Year Return
Hybrid
Balanced Advantage
2.0star
6M
1Y
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Fund Details

Kotak Balanced Advantage Fund Direct Growth

RiskModerately High
Min SIP Amount₹100
Expense Ratio0.65%
NAV₹13.63 (06 May 2021)
Fund Started13 Jul 2018
Fund Size7,670 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
36.5%
-
-
4.9%
Category Average
26.3%
6.7%
8.4%
-
Rank Within Category
8
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Would have become
0
with 36.5% returns per annum

Comparison

Data not available
Pros
1. 1Y Returns are higher than the category average returns
Cons
1. Age is less than 3 years

Top Holdings

NameSectorInstrument% Assets
ICICI Bank Ltd.FinancialEquity3.7%
Infosys Ltd.TechnologyEquity3.3%
GOISovereignGOI FRB3.1%
Reliance Industries Ltd.EnergyEquity3.1%
HDFC Bank Ltd.FinancialEquity2.6%
GOISovereignGOI Sec2.2%
GOISovereignGOI Sec2.1%
Housing Development Finance Corpn. Ltd.FinancialEquity1.9%
Power Finance Corpn. Ltd.FinancialFRD1.9%
Hindustan Unilever Ltd.FMCGEquity1.8%
See All

Fund Managers

Abhishek Bisen
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Deepak Gupta
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Harish Krishnan
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Hiten Shah
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Arjun Khanna
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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 ₹7,670 Cr and the Latest NAV as of 06 May 2021 is ₹13.63.

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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