FAQ : Kotak Balanced Advantage Fund - Growth - Direct Plan

Kotak Balanced Advantage Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 17.91 12.4 13.09 N/A
Average Rolling Returns(%) 13.47 13.65 12.45 N/A

The Current NAV of Kotak Balanced Advantage Fund - Growth - Direct Plan is ₹18.95.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark NIFTY 50 returns, as Funds portfolio is significantly different.

Kotak Balanced Advantage Fund - Growth - Direct Plan fund’s expense ratio is 0.51%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Kotak Balanced Advantage Fund - Growth - Direct Plan is currently ₹15,623 Crores.

The Top three stocks are HDFC Bank, Adani Ports &Special and ICICI Bank and account for 16% of its portfolio. Top 5 and 10 stocks of fund account for 21% and 31% of fund’s portfolio respectively.

Top three sectors of Kotak Balanced Advantage Fund - Growth - Direct Plan fund are Others, BFSI and Construction & Infrastructure accounting for 51% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Balanced Advantage it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Kotak Balanced Advantage Fund - Growth - Direct Plan Fund is Hybrid - Balanced Advantage.

Harish krishnan and Hiten Shah manage the Kotak Balanced Advantage Fund - Growth - Direct Plan Fund.

Kotak Balanced Advantage Fund - Growth - Direct Plan current PE ratio is 33.35 and PB ratio is 5.21

The asset allocation of Kotak Balanced Advantage Fund - Growth - Direct Plan is Stocks : 74.28%, Debt : 24.90% and Gold : 0.81%

The minimum SIP amount for Kotak Balanced Advantage Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹100.00

The exit load for Kotak Balanced Advantage Fund - Growth - Direct Plan is Nil upto 8% of investment and 1% for remaining investment on or before 1 year, Nil after 1 year

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