Kotak Balanced Advantage Fund Direct Growth - Regular - Latest NAV [ ₹14.929 ], Returns, Performance, Portfolio & Returns 2021

Kotak Balanced Advantage Fund Direct Growth

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Min amount: ₹1,000

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years--
3 Years14.26%
1 Year23.52%
6 Months10.56%
Fund Details
RiskModerately High risk
Fund TypeDynamic Asset Allocation
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Cash Offset For Derivatives30.74%
Kotak Liquid Dir Gr11.28%
Triparty Repo4.18%
Bharti Airtel Ltd3.91%
ICICI Bank Ltd3.77%
6.64% Govt Stock 20353.74%
Adani Port and Special Economic Zone Ltd.-SEP20213.21%
Adani Ports & Special Economic Zone Ltd3.19%
Infosys Ltd3.14%

About Kotak Balanced Advantage Fund - Direct Plan - Growth

The fund aims to generate capital appreciation by actively managing the dynamically balanced portfolio of equity, equity-related securities, and debt and money market instruments.

Pros and Cons of Kotak Balanced Advantage Fund - Direct Plan - Growth

The one-year returns from the fund are higher than the category average returns. However, the risk-adjusted returns of the fund are lower than the category.

Fund Information and Statistics

i) Inception/Launch Date

The fund scheme was rolled out on 3 August 2018.

ii) Risk Level

The fund is associated with a moderately high risk profile since it invests in equity and equity-related securities.

iii) Redemption

The invested principal is not locked-up, making it easy for investors to redeem fund units whenever required. You will have to consider exit load before redeeming the fund units.

iv) Fund Manager

Mr Harish Krishnan, Mr Abhishek Bisen, Mr Arjun Khanna, and Mr Hiten Shah are currently managing the fund.

v) Entry/Exit Load

Though the entry load is not applicable to the scheme, an exit load is chargeable. If you happen to redeem/switch out funds in excess of 8% of the initial investment amount within one year from the date of allotment, then an exit load of 1% is chargeable. Upon completing one year, no exit load is chargeable.

About Kotak Mahindra Mutual Fund

Kotak Mahindra Mutual Fund, a renowned fund house in India, was established on 23 June 1998. The sponsor party for the fund house is Kotak Mahindra Bank Limited and the trustee company is Kotak Mahindra Trustee Corporation Limited. The fund house offers about 94 folios where the average assets under management (AAUM) is worth Rs.1,91,597.51 crore as of 30 September 2020.

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Frequently Asked Questions

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Min amount: ₹1,000

Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns