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: 3/5 — ranked #10 of 37 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
|---|
| NAV | ₹20.10 (as of 2026-10-23) |
|---|
| AUM | ₹17,373 Cr |
|---|
| Expense ratio | 1.44% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Abhishek Bisen |
|---|
| Exit load | For units in excess of 8% of the investment, 1% will be charged for redemption within 180 days |
|---|
Performance & risk
| 5-year annualised return | 7.20% |
|---|
| Sharpe ratio | 0.25 |
|---|
| Standard deviation | 9.28% |
|---|
| Max drawdown | −26.41% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 103.2% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 88.4% of its downside.
Market cap allocation
| Large cap | 70.5% |
|---|
| Mid cap | 14.1% |
|---|
| Small cap | 15.4% |
|---|
Concentration
| Top 5 holdings | 17.5% |
|---|
| Top 10 holdings | 25.9% |
|---|
| Total holdings | 190 |
|---|
Top holdings
- Net Receivable / Payable — 6.6%
- Triparty Repo — 6.5%
- 7.34%Central Government - 2064 — 5.7%
- ICICI Bank Ltd. — 4.9%
- State Bank Of India — 3.6%
- Reliance Industries Ltd — 3.4%
- HDFC Bank Ltd. — 3.2%
- Bharti Airtel Ltd. — 2.4%
- Larsen & Toubro Limited — 2.0%
- Bajaj Finance Limited — 1.8%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −4.5% | 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 |