Kotak Balanced Advantage Fund - Growth - Regular Plan

₹8.855 (-1.93%)Nav, as on 03-04-2020
Previous Nav
₹ 9.029
Net Change on 03-04-2020
₹-0.17
PersonalFN Rating
Unrated
Category
Hybrid - Balanced Advantage
Assets (Cr.)
₹ 3,845.18
Expense Ratio
2.06%
(As on Feb 29, 2020)

Fund Overview Growth | Regular Plan

Fund House
Kotak Mahindra Mutual Fund
Launch Date
03-Aug-2018
Benchmark
NIFTY 50 - TRI
Minimum Investment (₹)
1,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil for 10% of investments and 1% for remaining investments on or before 1Y, Nil after 1Y
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
8.41
52 Week Low Nav Date
23-Mar-2020
52 Week High Nav (₹)
11.43
52 Week High Nav Date
12-Feb-2020

Fund Objective

The investment objective of the scheme is to generate capital appreciation by investing in adynamically balanced portfolio of equity & equity related securities and debt & money marketsecurities.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
NIFTY 50 - TRI	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY 50 Hybrid Composite Debt 50:50 Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
HDFC Balance Advantage Fund - Growth Option	Sep 11, 2000		-27.85	-3.50	1.58	1.70	40,920.34
ICICI Prudential Balanced Advantage Fund - Growth	Dec 30, 2006		-17.28	-1.18	2.81	1.70	28,092.25
Nippon India Balanced Advantage Fund-Growth Plan-Growth Option	Nov 15, 2004		-15.74	-0.56	2.26	2.04	2,955.73
Aditya Birla Sun Life Balanced Advantage Fund - Regular Plan - Growth Option	Apr 25, 2000		-16.77	-2.59	3.40	2.05	2,629.85
L&T Balanced Advantage Fund-Regular Plan-Growth	Feb 07, 2011	Unrated	-9.93	0.36	1.31	2.46	660.92

Fund Holdings as on 29-February-2020

Company % Assets
76 Days Cash Management Bill 17/03/2020
6.10
Reliance Industries Ltd.
5.55
HDFC Bank Ltd.
5.42
HDFC Bank Ltd.
4.61
Central Government - 2024
4.10
ICICI Bank Ltd.
3.36
Net Current Assets/(Liabilities)
3.27
Power Finance Corporation Ltd.
2.79
HDFC Ltd.
2.71
State Bank Of India.
2.64
AXIS Bank Ltd.
2.43
Infosys Ltd.
2.32
Larsen and Toubro Ltd.
2.30
Bank Of Baroda
2.28
Bank Of Baroda
1.84
Triparty Repo
1.77
ITC Ltd.
1.73
Reliance Capital Mutual Fund.
1.70
Bharti Airtel Ltd.
1.64
Kotak Mahindra Bank Ltd.
1.58
Tata Consultancy Services Ltd.
1.41
Tech Mahindra Ltd.
1.24
Bharat Petroleum Corporation Ltd.
1.16
AXIS Bank Ltd.
1.06
Grasim Industries Ltd.
1.06
Container Corporation of India Ltd.
0.95
Adani Enterprises Ltd
0.95
Asian Paints(India) Ltd.
0.90
Central Government - 2026
0.82
Cadila Healthcare Ltd.
0.82
Bajaj Finance Ltd.
0.81
Coromandel International Limited
0.80
Maruti Suzuki India Limited
0.75
First Business Receivables Trust ( Originator Reliance Industries Ltd )
0.75
Hindustan Unilever Ltd.
0.75
First Business Receivables Trust ( Originator Reliance Industries Ltd )
0.73
First Business Receivables Trust ( Originator Reliance Industries Ltd )
0.72
Motherson Sumi Systems Ltd.
0.71
Nestle India Ltd.
0.70
Bharat Electronics Ltd.
0.68
Tata Global Beverages Limited
0.66
First Business Receivables Trust ( Originator Reliance Industries Ltd )
0.65
Ultratech Cement Ltd.
0.64
ICICI Lombard General Insurance Company Ltd
0.64
HDFC Standard Life Insurance Company Ltd
0.63
Hero MotoCorp Ltd.
0.63
Tata Motors Ltd.
0.62
Mahindra & Mahindra Financial Services Ltd.
0.62
Inter Globe Aviation Ltd
0.60
Max Financial Services Ltd
0.57
Bandhan Bank Limited
0.56
Rail Vikas Nigam Limited
0.56
APL Apollo Tubes Ltd
0.56
National Thermal Power Corporation Ltd.
0.55
Tata Steel Ltd.
0.54
Eicher Motors Ltd.
0.53
Hindustan Zinc Ltd.
0.50
United Breweries Ltd.
0.50
Indraprastha Gas Ltd.
0.50
Castrol (India) Ltd.
0.50
Bajaj Finserv Ltd.
0.49
Shree Cement Ltd.
0.47
Persistent Systems Limited
0.47
GlaxoSmithkline Consumer Healthcare Ltd.
0.46
AU Small Finance Bank Ltd.
0.45
Schaeffler India Ltd
0.44
The Ramco Cements Ltd
0.44
Gujarat Gas Company Ltd.
0.42
Pfizer Ltd.
0.40
Mahindra Lifespace Developers Ltd
0.38
Solar Industries India Limited
0.37
Supreme Industries Limited
0.35
Ratnamani Metals & Tubes Ltd.
0.34
Sun Pharmaceutical Industries Ltd.
0.29
Page Industries Ltd
0.29
AU Small Finance Bank Ltd.
0.26
Titan Company Ltd.
0.26
RBL Bank Ltd.
0.23
Marico Ltd.
0.23
GMR Infrastructure Ltd.
0.22
Adani Power Ltd
0.22
Bharat Heavy Electricals Ltd.
0.19
Sun TV Network Limited
0.18
Manappuram Finance Ltd.
0.16
Hindalco Industries Ltd.
0.15
JSW Steel Ltd.
0.15
Bank Of Baroda
0.14
Jindal Steel & Power Ltd
0.13
ACC Ltd.
0.13
Pidilite Industries Ltd.
0.12
Federal Bank Ltd.
0.11
GAIL (India) Ltd.
0.11
Affle (India) Ltd.
0.10
Exide Industries Ltd.
0.10
Tata Power Company Ltd.
0.08
Canara Bank
0.08
Equitas Holdings Ltd
0.08
Glenmark Pharmaceuticals Ltd
0.08
UPL Ltd
0.07
Godrej Consumer Products Ltd.
0.07
Muthoot Finance Ltd.
0.07
Mahanagar Gas Ltd
0.06
HCL Technologies Ltd.
0.06
Tata Chemicals Ltd.
0.06
Lupin Ltd.
0.06
Voltas Ltd.
0.06
Hindustan Petroleum Corporation Ltd.
0.05
Petronet LNG Ltd.
0.05
Aurobindo Pharma Ltd.
0.03
Zee Entertainment Enterprises Ltd
0.03
Cipla Ltd.
0.03
Adani Ports and Special Economic Zone Limited
0.03
LIC Housing Finance Ltd.
0.03
Apollo Tyres Ltd.
0.03
Bata India Ltd.
0.03
Century Textiles & Industries Ltd.
0.02
Punjab National Bank
0.02
ICICI Prudential Life Insurance Co. Ltd.
0.02
DLF Limited
0.02
Torrent Power Ltd
0.02
Dabur India Ltd.
0.02
Ujjivan Financial Services Ltd
0.02
MRF Ltd.
0.01
United Spirits Ltd
0.01
Sundaram Finance Ltd.
0.01
NCC Limited
0.00
Escorts Ltd.
0.00
CESC Ltd.
0.00
Rural Electrification Corporation Ltd.
0.00

Sector Holding%
Bank - Private
13.33
Miscellaneous
7.98
Refineries
6.75
IT - Software
5.50
Engineering - Construction
3.09
Bank - Public
2.88
Finance - Housing
2.74
Finance - NBFC
1.73
Cigarettes/Tobacco
1.73
Pharmaceuticals & Drugs
1.71
Cement & Construction Materials
1.67
Telecommunication - Service Provider
1.64
Consumer Food
1.38
Trading
1.37
Insurance
1.29
Steel & Iron Products
1.25
Automobile Two & Three Wheelers
1.16
Diversified
1.08
Logistics
0.95
Paints
0.90
Power Generation/Distribution
0.88
Engineering - Industrial Equipments
0.87
Household & Personal Products
0.83
Fertilizers
0.80
Automobiles - Passenger Cars
0.75
Auto Ancillary
0.71
Tea/Coffee
0.66
Metal - Non Ferrous
0.65
Industrial Gases & Fuels
0.65
Automobiles-Trucks/Lcv
0.62
Airlines
0.60
Finance - Others
0.57
Chemicals
0.55
Breweries & Distilleries
0.51
Lubricants
0.50
Finance - Investment
0.49
Bearings
0.44
Construction - Real Estate
0.40
Plastic Products
0.35
Castings/Forgings
0.34
Textile
0.29
Diamond & Jewellery
0.26
TV Broadcasting & Software Production
0.22
Steel/Sponge Iron/Pig Iron
0.13
Telecommunication - Equipment
0.10
Batteries
0.10
Pesticides & Agrochemicals
0.07
Gas Transmission/Marketing
0.06
Air Conditioners
0.06
Tyres & Allied
0.04
Retailing
0.03
Port
0.03
Finance Term Lending
0.02
Automobiles-Tractors
0.00

About Kotak Balanced Advantage Fund

Scheme Analysis

Kotak Balanced Advantage Fund is a Hybrid - Balanced Advantage fund and belongs to Kotak Mahindra Mutual Fund. It was launched on 03-Aug-2018 and currently has an AUM of ₹3,845.18 crore. Kotak Balanced Advantage Fund is benchmarked against NIFTY 50 - TRI as primary index and NIFTY 50 Hybrid Composite Debt 50:50 Index as secondary index.

The NAV of Kotak Balanced Advantage Fund ended down ₹-0.17(-1.93%)yesterday to ₹8.855.

Among its top 3 holdings the fund has exposure to 76 Days Cash Management Bill 17/03/2020, and

The Kotak Balanced Advantage Fund is managed by Abhishek Bisen and Harish krishnan.

Fund House Contact

Address:

27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051

Phone Number: +91 (22) 66384400

Email Address: mutual@kotak.com

Fax Number: +91 (22) 66384455

Website: http://assetmanagement.kotak.com/

Fund Manager

Abhishek Bisen

Education: B.A. and MBA (Finance).
Experience:6 Year
Basic Details:Mr. Abhishek Bisen has been associated with the company since October 2006 and his key responsibilities include fund management of debt schemes. 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:
Kotak Balanced Advantage Fund
Kotak Balanced Advantage Fund
Kotak Bond Fund
Kotak Debt Hybrid Fund
Kotak Equity Hybrid Fund
Kotak Equity Savings Fund
Kotak Gilt Fund
Kotak Gilt Fund
Kotak Gold ETF
Kotak Gold Fund

Harish krishnan

Education:
Experience:9 Years
Basic Details:Mr. Harish has 9 years of experience spread over Equity Research and Fund Management. He is currently managing Kotak 50. Prior to joining Kotak 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. Harish is a Bachelor of Technology (Electronics & Communications) from Government Engineering College, Trichur, a post Graduate in Management from Indian Institute of Management, Kozhikode and a Chartered Financial Analyst from the CFA Institute. On the personal front, he has a passion for travel, reading and technology.
Funds Managed:
Kotak Balanced Advantage Fund
Kotak Balanced Advantage Fund
Kotak Bluechip Fund
Kotak Equity Savings Fund
Kotak Focused Equity Fund
Kotak Focused Equity Fund
Kotak Infrastructure and Economic Reform Fund
Kotak Pioneer Fund
Kotak Pioneer Fund

Hiten Shah

Education:MMS (Finance)
Experience:8
Basic Details:Mr. Hiten Shah, aged 31 years, has done his Masters in Management Studies (Finance) from the Mumbai University. He has a total work experience of over 8 years in the equity market segment and has been associated with Edelweiss Asset Management Limited since July 2011 as Chief Dealer - Equities. Prior to joining the AMC, he was also associated with Edelweiss Securities Limited as Low Risk Arbitrage Trader for over three years.
Funds Managed:
Kotak Balanced Advantage Fund
Kotak Balanced Advantage Fund
Kotak Equity Arbitrage Fund
Kotak Equity Arbitrage Fund
Kotak Equity Savings Fund

Arjun Khanna

Education:CFA, FRM, MMS (Finance) & B.E (Electronics)
Experience:11 Years
Basic Details:Mr. Arjun Khanna has over 11 years of experience out of which 10 years has been with Mutual Funds in Equity Research. Prior to joining Kotak Mahindra Mutual Fund, he was with Principal Mutual Funds. He has also worked at Citibank N.A. in his earlier stint. He is a Bachelor of Engineering (Electronics) and has done his Masters of Management (Finance) from Jamnalal Bajaj Institute of Management Studies, Mumbai. He has received the Chartered Financial Analyst designation from the CFA Institute.
Funds Managed:
Kotak Asset Allocator Fund
Kotak Balanced Advantage Fund
Kotak Balanced Advantage Fund
Kotak Equity Savings Fund
Kotak Floating Rate Fund
Kotak Floating Rate Fund
Kotak Global Emerging Market Fund
Kotak Pioneer Fund
Kotak Pioneer Fund

Holding Type Holding %
Cash
5.04
CRISIL AA+
2.28
CRISIL AAA
3.86
CRISIL AAA(SO)
2.85
Deposits
5.68
Equity
65.76
FITCH AAA(IND)
1.84
MFU
1.70
SOV
11.02

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