Kotak Balanced Advantage Fund Direct Growth
NAV as on 11-04-2025
₹ 20.68
▲1.1%
1D
Inception Returns
11.5%
/yr
Historical NAV & Returns
About Kotak Balanced Advantage Fund Direct Growth
Kotak Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 3 August, 2018. The fund is managed by Hiten Shah, Abhishek Bisen. This fund gives you the benefit of diversification.
Key Parameters
- Kotak Balanced Advantage Fund Direct Growth has ₹16542 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Kotak Balanced Advantage Fund Direct Growth has given a CAGR return of 11.47% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.52%, 10.99% and 16.07% respectively.
Holdings
Kotak Balanced Advantage Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Cash Equivalent, Corporate, Industrial, Tech, Consumer Cyclical, Basic Materials, Energy, Consumer Defensive, Health, Utilities, Communication, Real Estate, Securitize.
Taxation
As it is a dynamic asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Kotak Balanced Advantage Fund Direct Growth
The investment objective of the scheme is to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Balanced Advantage Fund Direct Growth has no lock in period.
Kotak Balanced Advantage Fund Direct Growth Overview
| Expense ratio | 0.6% |
Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
| AUM | ₹16542 Cr |
| Inception Date | 3 August, 2018 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 304.54% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for Kotak Balanced Advantage Fund Direct Growth
Trailing Returns
as on (11-Apr-25)
Fund Distribution
as on (31-Mar-25)
- AUM of the fund stands at 16.5K Cr as of Mar'25
- AUM increased by 729.5 Cr between Mar'25 and Feb'25
Top 3 Sectors in March were Government, Financial Services & Tech
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 4.16% | 4.7% | |
 Reliance Industries Ltd | 3.62% | 18.2% | |
 HDFC Bank Ltd | 3.51% | 0% | |
 Infosys Ltd | 3.38% | 0% | |
 InterGlobe Aviation Ltd | 2.35% | -1.3% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Kotak Balanced Advantage Fund Direct Growth | 6.52% | 10.99% | 16.07% | 11.47% |
 DSP Dynamic Asset Allocation Fund Direct Growth | 11.35% | 11.33% | 13.53% | 10.34% |
 ICICI Prudential Balanced Advantage Fund Direct Plan Growth | 6.6% | 12% | 17.39% | 12.92% |
 HDFC Balanced Advantage Fund Direct Plan Growth Option | 5.31% | 18.38% | 26.19% | 15.48% |
Mutual Fund Insights
Kotak Balanced Advantage Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹16542 Cr
Expense Ratio 0.6%
More funds from Kotak
5Y CAGR
▲ 23.23
5Y CAGR
▲ 14.06
5Y CAGR
▲ 13.67
5Y CAGR
▲ 6.29
Frequently Asked Questions for Kotak Balanced Advantage Fund Direct Growth
Kotak Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.84% | 1.84% |
6 Month Returns | -4.12% | -4.12% |
1 Year Returns | 6.52% | 6.52% |
3 Years Returns | 36.74% | 10.99% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 84.88 |
AA | 14.02 |
A | 1.1 |