Kotak Balanced Advantage Fund Regular IDCW

Hybrid
Dynamic Asset Allocation
Very High Risk
Payout
10.31%
3Y annualised
-0.17% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 Mar 2024₹17.68
Min. SIP amountNot Supported
Rating3
Fund size₹15,718.68Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns19.6%10.3%11.4%10.7%
Category average24.4%11.6%11.5%NA
Rank with in category271610NA
Understand terms

Holdings (213)

NameSectorInstrumentAssets
FinancialEquity6.68%
ServicesEquity4.92%
GOI
SovereignGOI FRB4.82%
FinancialEquity3.86%
EnergyEquity3.07%
TechnologyEquity2.68%
SovereignGOI Sec2.44%
FinancialEquity1.97%
SovereignGOI Sec1.88%
ConstructionEquity1.86%
See All

Expense ratio, exit load and tax

Expense ratio: 1.66%

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 terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Abhishek Bisen
Jul 2018 - Present
View details

Education
Mr. Bisen is a BA and MBA in Finance.
Experience
Prior to joining Kotak AMC, he 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.
Also manages these schemes

Hiten Shah
Oct 2019 - Present
View details

Education
Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
Experience
Prior to joining Kotak Mahindra Mutual fund, he was associated with Edelweiss Asset Management for more than 8 years as a CoFund manager and Chief dealer in equities segment. He was also associated with Edelweiss securities Ltd. as low risk arbitrage trader for more than 3 years.
Also manages these schemes

Rohit Tandon
Jan 2024 - Present
View details

Education
Mr. Tandon has done B.E.(Mechanical) and PGDM from IIM-B
Experience
Prior to joining Kotak Mahindra Mutual Fund, he has worked with Reliance Nippon Life Insurance, Max Life Insurance and JP Morgan India
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla ComplexBandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
E-mail
NA
Website
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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