Kotak Balanced Advantage Fund -Regular Plan - Growth Option
Fund House: Kotak Mahindra Mutual Fund| Category: Hybrid: Dynamic Asset Allocation |
| Launch Date: 05-07-2018 |
| Asset Class: Mixed Asset |
| Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index |
| Expense Ratio: 1.75% As on (30-04-2022) |
| Status: Open Ended Schemes |
| Minimum Investment: 1000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 13,572.62 Cr As on (30-04-2022) |
| Turn over: 25.29% | Exit Load: For units in excess of 8% of the investment,1% will be charged for redemption within 365 days |
13.959
0.02 (0.1504%)
9.15%
NIFTY 50 TRI 13.63%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme seeks to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.
Current Asset Allocation (%)
Indicators
| Volatility | |
| Sharp Ratio | |
| Alpha | |
| Beta | |
| Yield to Maturity | 6.08 |
| Average Maturity | 7.81 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Kotak Balanced Advantage Fund -Regular Plan - Growth Option | 05-07-2018 | 4.23 | 19.84 | 10.02 | - | - |
| HDFC Balanced Advantage Fund - Growth Plan | 15-09-2000 | 12.78 | 35.97 | 12.34 | 11.49 | 13.72 |
| BOI AXA Balanced Advantage Fund Regular Plan Growth | 14-03-2014 | 10.59 | 14.48 | 5.34 | 4.42 | - |
| ICICI Prudential Balanced Advantage Fund - Growth | 01-12-2006 | 7.27 | 23.18 | 11.1 | 9.8 | 13.14 |
| Tata Balanced Advantage Fund-Regular Plan-Growth | 05-01-2019 | 6.55 | 20.12 | 11.08 | - | - |
| Edelweiss Balanced Advantage Fund - Regular Plan - Growth Option | 20-08-2009 | 6.42 | 21.83 | 12.87 | 10.51 | 11.18 |
| Axis Balanced Advantage Fund - Regular Plan - Growth | 05-08-2017 | 4.73 | 14.48 | 6.87 | - | - |
| Shriram Balanced Advantage Fund - Regular Growth | 05-07-2019 | 4.69 | 14.75 | - | - | - |
| Nippon India Balanced Advantage Fund-Growth Plan-Growth Option | 05-11-2004 | 4.5 | 20.48 | 8.91 | 8.29 | 13.02 |
| UTI - Unit Linked Insurance Plan | 01-10-1971 | 4.32 | 16.19 | 6.85 | 6.66 | 9.1 |
Scheme Characteristics
Investment in equity/ debt that is managed dynamically.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
2.11%
Others
34.34%
Large Cap
50.91%
Mid Cap
12.64%
Scheme Documents
There are no scheme documents available
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
