Kotak Balanced Advantage Fund
The scheme seeks to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.
Growthvine rating: 4/5 — ranked #7 of 35 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
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| NAV | ₹20.94 (as of 2026-09-11) |
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| AUM | ₹17,429 Cr |
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| Expense ratio | 1.43% |
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| Riskometer | Very High |
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| Fund manager | Abhishek Bisen |
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| Exit load | For units in excess of 8% of the investment, 1% will be charged for redemption within 180 days |
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Performance & risk
| 5-year annualised return | 8.33% |
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| Sharpe ratio | 0.41 |
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| Standard deviation | 8.93% |
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| Max drawdown | -26.41% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 103.2% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 86.4% of its downside.
Market cap allocation
| Large cap | 72.9% |
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| Mid cap | 13.2% |
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| Small cap | 13.9% |
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Concentration
| Top 5 holdings | 17.9% |
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| Top 10 holdings | 26.6% |
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| Total holdings | 184 |
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Top holdings
- Net Receivable / Payable — 6.5%
- 7.34%Central Government - 2064 — 5.8%
- ICICI Bank Ltd. — 5.1%
- Triparty Repo — 4.7%
- State Bank Of India — 3.8%
- Reliance Industries Ltd — 3.5%
- HDFC Bank Ltd. — 3.1%
- Bharti Airtel Ltd. — 2.5%
- Larsen & Toubro Limited — 2.0%
- Bajaj Finance Limited — 2.0%
Top sectors
- Banking & Financial — 15.1%
- Automobile — 6.6%
- Software & Services — 4.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | -0.5% | Q2 | #16 of 35 |
| 2025 | 6.0% | Q2 | #17 of 34 |
| 2024 | 14.3% | Q2 | #10 of 30 |
| 2023 | 16.1% | Q4 (Bottom) | #21 of 26 |
| 2022 | 3.8% | Q2 | #10 of 21 |