August 4, 2022
mayank
Kotak Balanced Advantage Fund Guidance
NAV Growth : Rs 15.2610
NAV IDCW : Rs 15.2610
Suitable For Which Investors ?
When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.
Fund Manager :
— Abhishek Bisen
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.
— Harish Krishnan
Education : Mr. Krishnan is a Graduate from Government Engineering College Trichur and MBA from IIM Kozhikode
Experience : Prior to joining Kotak Mahindra Mutual Fund, he was based out of Singapore and Dubai, managing Kotak’s offshore funds. He has also worked at Infosys Technologies Ltd in his earlier stint.
— Hiten Shah
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.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. No of Cheques | 10 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. Balance (Rs) | 1,000 |
| Lock-in Period | Not Applicable |
| Exit Load | For units in excess of 8% of the investment, 1% will be charged for redemption within 365 days |
Basic Details
| Fund House: | Kotak Mahindra Mutual Fund |
| Launch Date: | 03-Aug-18 |
| Return Since Launch: | 11.14% |
| Benchmark: | NIFTY 50 Hybrid Composite debt 50:50 Index |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 13,494 Cr |
| (As on 30-Jun-2022) | |
| Expense Ratio: | 0.49% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Average |
| Return Grade: | Average |
| Turnover: | 26.33% |
Kotak Balanced Advantage Fund Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| Kotak Balanced Advantage Fund Direct-G | 1.66 | -0.01 | 2.21 | 5.37 | 2.44 | 1.45 | 5.59 | 13.06 | — | — | — |
| VR Balanced TRI | 1.13 | 0.23 | 4.01 | 9.33 | 2.38 | 0.15 | 8.35 | 15.74 | — | — | — |
| Hybrid: Dynamic Asset Allocation | 1.49 | -0.03 | 2.26 | 6.08 | 2.11 | 1.04 | 5.78 | 13.09 | — | — | — |
| Rank within category | 13 | 14 | 13 | 20 | 11 | 11 | 10 | 11 | — | — | — |
| Number of funds in category | 28 | 29 | 29 | 29 | 29 | 29 | 25 | 22 | 13 | 11 | 0 |
Kotak Balanced Advantage Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| Kotak Balanced Advantage Fund | 4 star | Aug-18 | 5.59 | 13.06 | — | 0.49 | 13,494 |
| ICICI Prudential Balanced Advantage Fund | 4 star | Jan-13 | 8.92 | 13.92 | 10.76 | 0.95 | 40,064 |
| ICICI Prudential Asset Allocator Fund (FOF) | 4 star | Jan-13 | 7.59 | 14.62 | 11.41 | 0.13 | 16,031 |
| Edelweiss Balanced Advantage Fund | 5 star | Jan-13 | 5.02 | 17.64 | 12.03 | 0.47 | 7,964 |
| Tata Balanced Advantage Fund | 4 star | Jan-19 | 7.63 | 15.09 | — | 0.31 | 5,100 |
Portfolio Analysis
| Number of Stocks | 106 |
| Top 10 Holdings (%) | 34.28 |
| Top 5 Holdings (%) | 20.83 |
| Top 3 Sectors (%) | 24.98 |
| Portfolio P/B Ratio | 2.77 |
| Portfolio P/E Ratio | 18.49 |
| Avg Credit Rating | GOI/Cash |
Kotak Balanced Advantage Fund Guidance by Chanakya :
Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years.
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