| 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. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

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. There is no assurance or guarantee that the investment objective of the scheme will be achieved.




Source: Internal Analysis. As on 31st March 2024. 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.

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

Equity & Equity related
Adani Port and Special Economic Zone Ltd. Transport Infrastructure 5.06 -5.10
HDFC Bank Ltd. Banks 4.37
ICICI Bank Ltd. Banks 3.53
RELIANCE INDUSTRIES LTD. Petroleum Products 2.74
HDFC Bank Ltd. Banks 2.54 -2.54
Infosys Ltd. IT - Software 2.38
Larsen And Toubro Ltd. Construction 2.01
Maruti Suzuki India Limited Automobiles 1.74
DLF Ltd. Realty 1.70 -1.71
CNX NIFTY-APR2024 -1.66
Others 46.81 -9.14
Equity & Equity related - Total 72.88 -20.15
Mutual Fund Units 0.95
Debt Instruments
Debentures and Bonds 5.57
Government Dated Securities 16.10
Reverse Repo 0.16
Treasury Bills 0.63
Triparty Repo 2.29
Net Current Assets/(Liabilities) 1.42
Grand Total 100.00

For detailed portfolio log on to
https://www.kotakmf.com/Products/funds/hybrid-funds/Kotak-Balanced-Advantage-Fund/Dir-G

Mutual Fund Units as provided above is towards margin for derivatives transactions.
Equity Derivative Exposure is 20.15%


Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (₹) 10000 Since Inception 5 years3 years 1 year
Total amount invested (₹) 6,80,000 6,00,000 3,60,000 1,20,000
Total Value as on Mar 31, 2024 (₹) 9,63,335 8,20,139 4,31,469 1,31,405
Scheme Returns (%) 12.23 12.50 12.20 18.41
NIFTY 50 Hybrid Composite Debt 50:50 Index Returns (%) 12.56 12.70 11.79 17.81
Alpha* -0.32 -0.20 0.41 0.60
NIFTY 50 Hybrid Composite Debt 50:50 Index (₹)# 9,72,195 8,24,251 4,28,950 1,31,045
Nifty 50 (TRI) (₹)^ 11,24,833 9,52,244 4,61,270 1,37,018
Nifty 50 (TRI) Returns (%) 17.74 18.60 16.89 27.81

Scheme Inception : - August 03,2018. The returns are calculated by XIRR approach assuming investment of ₹ 10,000/- 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. The SIP Performance is for Regular Plan – Growth Option Different plans have different expense structure. # Benchmark ; ^ Additional Benchmark TRI - Total Return Index, In terms of para 6.14 of SEBI Master circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2023/74 dated May 19, 2023 the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). *All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Source: ICRA MFI Explorer. Alpha is difference of scheme return with benchmark return.

Net Asset Value (NAV)
RegularDirect
Growth Rs 17.8810Rs 19.1170
IDCW Rs17.8810Rs19.1170
(as on March 28, 2024)

Available Plans/Options

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


Fund Manager*^ Mr. Rohit Tandon
Mr. Hiten Shah &
Mr. Abhishek Bisen
BenchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index
Allotment dateAugust 3, 2018
AAUMRs15,700.09 crs
AUMRs15,720.85 crs
Folio count2,08,807

IDCW Frequency

Trustee's Discretion


Debt Quant & Ratios
Average Maturity 13.85 yrs
Modified Duration 4.42 yrs
Macaulay Duration 4.63 yrs
Annualised YTM* 7.60%
$Standard Deviation 5.56%
$Beta 0.75
$Sharpe## 0.44
P/E$$ 28.55
P/BV$$ 3.73
Portfolio Turnover 299.34%
*in case of semi annual YTM, it will be annualized.
$$Equity Component of the Portfolio.

Source: $ ICRA MFI Explorer.

Minimum Investment Amount

Initial & Additional Investment
• Rs100 and any amount thereafter
Systematic Investment Plan (SIP)
• Rs 100 and any amount thereafter

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 Plan: 1.66%
Direct Plan: 0.51%

Data as on 31st March, 2024 unless otherwise specified.


Fund



Benchmark


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 advisors if in doubt about whether the product is suitable for them.

The above risk-o—meter is based on the scheme portfolio as on 31st March, 2024. An addendum may be issued or updated on the website for new riskometer


## Risk rate assumed to be 7.90% (FBIL Overnight MIBOR rate as on 28th March 2024).**Total Expense Ratio includes applicable B30 fee and GST.
^Mr. Arjun Khanna (Dedicated fund manager for investments in foreign securities).
(^) Fully or Party blocked against Interest Rate Swap (IRS). Hedging Position through Interest Rate Swaps as on 31 Mar 2024 is 2.38% of the net assets.
* For Fund Manager experience, please refer 'Our Fund Managers'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'Scheme Performances'