Fund Details
Kotak Balanced Advantage Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.70% |
| NAV | ₹12.69 (27 Nov 2020) |
|---|---|
| Fund Started | 13 Jul 2018 |
| Fund Size | ₹4,784 Cr |
Returns
as per Historical Returns
Comparison
1. 1Y Returns are higher than the category average returns
1. Age is less than 3 years
2. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Kotak Liquid - Plan A - Direct Plan-Growth | Financial | Mutual Fund | 9.6% |
| Reliance Industries Ltd. | Energy | Equity | 5.0% |
| ICICI Bank Ltd. | Financial | Equity | 3.9% |
| HDFC Bank Ltd. | Financial | Equity | 3.4% |
| Infosys Ltd. | Technology | Equity | 3.1% |
| GOI | Sovereign | GOI Sec | 3.1% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.6% |
| GOI | Sovereign | GOI Sec | 2.3% |
| Punjab National Bank | Financial | Debenture | 2.1% |
| Bharti Airtel Ltd. | Communication | Equity | 2.0% |
Fund Managers
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.
