Kotak Balanced Advantage Fund Direct Growth+0.41%

2Groww
7.25%
1 Year Return
Hybrid
Balanced Advantage
2.0 star
6M
1Y
All

Fund Details

Kotak Balanced Advantage Fund Direct Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio1.16%
NAV10.71 (13 Sep 2019)
Fund Started13 Jul 2018
Fund Size2,916 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Balanced Advantage Fund Direct Growth
7.3%
NA
NA
6.4%
Category Average
-0.2%
5.8%
7.8%
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    30
    with 7.3% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Power Finance Corpn. Ltd.FinancialNCD3.5%
    REC Ltd.FinancialNCD2.9%
    Indian Railway Finance Corpn. Ltd.FinancialNCD2.6%
    L&T Finance Ltd.FinancialNCD1.0%
    Rail Vikas Nigam Ltd.ConstructionEquity0.8%
    Hindustan Petroleum Corpn. Ltd.EnergyDebenture0.7%
    Page Industries Ltd.TextilesFutures0.2%
    Affle (India) Ltd.CommunicationEquity0.1%
    Federal Bank Ltd.FinancialFutures0.0%
    Bharat Forge Ltd.AutomobileFutures0.0%
    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

    Other Details

    Kotak Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 13 Jul 2018. Abhishek Bisen, Deepak Gupta, Harish Krishnan is the Current Fund Manager of Kotak Balanced Advantage Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹2,916 Cr and the Latest NAV as of 13 Sep 2019 is ₹10.71.

    The Kotak Balanced Advantage Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. For redemption more than 10% of the units allotted, an exit load of 1% will be charged if redeemed within 1 year..

    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 redemption more than 10% of the units allotted, an exit load of 1% will be charged if redeemed within 1 year.
    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
    22 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,
    Invest Now
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