| KOTAK BALANCED ADVANTAGE FUND
An open ended dynamic asset allocation fund
| KOTAK BALANCED ADVANTAGE FUND
An open ended dynamic asset allocation fund

  

  
Investment Objective

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.

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.



Source: Internal Analysis. As on 26th Feb 2021. Automatic: A fund that gives you freedom from managing equity and debt allocation manually during the market ups and down, giving you a balanced growth.
Mutual fund investment are subject to market risk, read all scheme related documents carefully

Issuer/
Instrument
Industry/
Rating
% to Net
Assets
% to Net Assets
Derivatives

Equity & Equity related
Adani Port and Special Economic Zone Ltd. Transportation 3.57 -3.59
CNX NIFTY-MAR2021 -3.24
ICICI Bank Ltd. Banks 3.07
Reliance Industries Ltd. Petroleum Products 2.85
HDFC Bank Ltd. Banks 2.78
Bharti Airtel Ltd Telecom - Services 2.73 -2.73
CNX BANK INDEX-MAR2021 -2.55
Infosys Ltd. Software 2.39
Tata Consultancy Services Ltd. Software 1.79
Tata Steel Ltd. Ferrous Metals 1.54 -1.55
Others 44.64 -19.97
Equity & Equity Related- Total 65.36 -33.63
Mutual Fund Units 12.42
Debt Instruments
Debentures and Bonds 6.25
Government Dated Securities 8.44
Triparty Repo 7.41
Net Current Assets/(Liabilities) 0.12
Grand Total 100.00

For detailed portfolio log on to
www.kotakmf.com/funds/hybrid-funds/Kotak-Balanced-Advantage-Fund/Reg-%20G

Term Deposit as provided above is towards margin for derivatives transactions
Equity Derivative Exposuer is 33.63%


Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (₹) 10000 Since Inception 1 year
Total amount invested (Rs) 3,10,000 1,20,000
Total Value as on Feb 26, 2021 (Rs) 3,78,239 1,40,096
Scheme Returns (%) 15.72 33.14
NIFTY 50 Hybrid Composite Debt 50:50 Index Returns (%)16.47 32.84
Alpha -0.74 0.30
NIFTY 50 Hybrid Composite Debt 50:50 Index (Rs)# 3,81,662 1,39,921
Nifty 50 (TRI) (Rs)^ 4,06,941 1,58,761
Nifty 50 (TRI) Returns (%) 21.85 66.33

Scheme Inception : - August 03,2018. The returns are calculated by XIRR approach assuming investment of Rs10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and taking the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. # Benchmark ; ^ Additional Benchmark TRI - Total Return Index, In terms of SEBI circular dated January 4, 2018, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). The debt component of the index is TRI since inception.
*All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns >= 1 year: CAGR (Compounded Annualised Growth Rate). N.A stands for data not available.
Note: Point to Point (PTP) Returns in INR shows the value of Rs 10,000/- investment made at inception. Source: ICRA MFI Explorer. # Name of Scheme Benchmark. ## Name of Additional Benchmark.
Alpha is difference of scheme return with benchmark return.
(^) Fully or Party blocked against Interest Rate Swap (IRS) Hedging Position through Interest Rate Swaps as on 31 Jan 2021 is 2.40% of the net assets.
NAV
Growth Option Rs13.052
Direct Growth Option Rs13.434
Dividend Option Rs13.052
Direct Dividend Option Rs13.434

Available Plans/Options

A) Regular Plan B) Direct Plan
Options: Dividend Payout, Dividend Reinvestment & Growth (applicable for all plans)


Fund Manager Mr. Harish Krishnan
Mr. Hiten Shah
Mr. Abhishek Bisen*
BenchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index
Allotment dateAugust 3, 2018
AAUMRs6,684.85 crs
AUMRs7,000.65 crs
Folio count1,40,249

Dividend Frequency

Trustee's Discretion


Ratios
Portfolio Turnover65.34%

Minimum Investment Amount

Initial Investment: Rs1000 and in multiple of Rs1 for purchase and of Rs0.01 for switches
Additional Investment: Rs1000 & in multiples of Rs1
Ideal Investments Horizon: 5 years & above


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load:
a) For redemption/switch out of upto 8% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
b) If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%.
c) If units are redeemed or switched out on or after 1 year from the date of allotment: NIL


Total Expense Ratio**

Regular: 1.87%; Direct: 0.65%


Data as on February 28, 2021


This product is suitable for investors who are seeking*:
  • Wealth creation over a long period of time.
  • Investment in equity, equity related securities & debt, money market instruments while managing risk through active allocation.

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


Mr. Hiten Shah has been managing the fund since 03/10/2019.
**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'Our Fund Managers'
For last three dividends, please refer 'Dividend History'.
For scheme performance, please refer 'Scheme Performances'