Kotak Mahindra Asset Management Company Lt

Kotak Balanced Advantage Fund - Direct Plan -Growth Option

As on 03 Jan 2025

Kotak Balanced Advantage Fund - Direct Plan -Growth Option

Q: What kind of returns does Kotak Balanced Advantage Fund - Direct Plan -Growth Option provide?

Kotak Balanced Advantage Fund - Direct Plan -Growth Option aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. Kotak Balanced Advantage Fund - Direct Plan -Growth Option had a return of 16.98% over the past 1 year.

Q: How much expense ratio is charged by Kotak Balanced Advantage Fund - Direct Plan -Growth Option?

The expense ratio for Kotak Balanced Advantage Fund - Direct Plan -Growth Option, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 03 Jan 2025, the expense ratio charged by Kotak Balanced Advantage Fund - Direct Plan -Growth Option is typically around 2.02 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of Kotak Balanced Advantage Fund - Direct Plan -Growth Option?

As of 03 Jan 2025, the Assets Under Management (AUM) of Kotak Balanced Advantage Fund - Direct Plan -Growth Option is approximately ₹16958.8112 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of Kotak Balanced Advantage Fund - Direct Plan -Growth Option?

The Net Asset Value (NAV) of Kotak Balanced Advantage Fund - Direct Plan -Growth Option is updated daily and reflects the per-unit value of the fund's assets. As of 03 Jan 2025 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of Kotak Balanced Advantage Fund - Direct Plan -Growth Option?

The PE ratio for Kotak Balanced Advantage Fund - Direct Plan -Growth Option is 33.22 and the PB ratio is 5.52. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of Kotak Balanced Advantage Fund - Direct Plan -Growth Option?

The exit load for Kotak Balanced Advantage Fund - Direct Plan -Growth Option is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Hybrid

NAV

₹ 21.59

CAGR (3 Years)

12.70%

AUM (Cr)

₹ 16,958.81

Risk

Very High Risk

About Kotak Balanced Advantage Fund - Direct Plan -Growth Option

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.

Breakdown of this Fund

Aerospace & Defence

2.67%

Air Transport Service

3.85%

Alcoholic Beverages

1.70%

Auto Ancillaries

4.70%

Automobile

6.60%

Banks

27.51%

Bearings

1.27%

Cables

0.25%

Capital Goods - Electrical Equipment

2.08%

Capital Goods-Non Electrical Equipment

1.95%

Cement

3.98%

Construction

0.88%

Consumer Durables

0.11%

Crude Oil & Natural Gas

0.87%

Debt Others

24.60%

Diamond, Gems and Jewellery

0.87%

E-Commerce/App based Aggregator

2.44%

Fertilizers

2.06%

Finance

3.96%

FMCG

4.26%

Gas Distribution

1.67%

Govt. Securities

30.30%

Healthcare

1.36%

Infrastructure Developers & Operators

4.08%

Insurance

2.26%

IT - Software

19.92%

Logistics

0.04%

Marine Port & Services

2.17%

Mining & Mineral products

2.95%

Mutual Fund Units

1.38%

Non Ferrous Metals

1.29%

Pharmaceuticals

3.94%

Plastic products

0.65%

Power Generation & Distribution

3.22%

Realty

1.89%

Refineries

6.88%

Retail

0.06%

Steel

2.02%

Telecomm Equipment & Infra Services

0.01%

Telecomm-Service

3.65%

Tobacco Products

3.13%

Trading

0.11%

Tyres

0.88%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

2.02

Exit Load

For redemption/switch out of upto 10% of the initial investment amount (limit) p...

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.