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kotak balanced advantage fund direct growth
Kotak Balanced Advantage Fund Direct Growth

Kotak Balanced Advantage Fund Direct Growth

  • Moderately High risk
  • Allocation
  • Dynamic Asset Allocation
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NAV as on May 11, 2026
i
Price per unit of the scheme.
₹ 22.4220-0.95%1 Day Change
0.63%
Minimum Investment₹100
Expense Ratio0.49%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
4
Scheme Rating
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Kotak Balanced Advantage Fund Direct Growth
VS
Allocation: Dynamic Asset Allocation Average NAV
    Topper in Allocation: Dynamic Asset Allocation
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Kotak Balanced Advantage Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    Nifty 50 Hybrid Comp Debt 50:50 TR INR
    Expense Ratio
    0.49%
    Category Avg Expense Ratio
    0.76%
    Minimum Investment (Lumpsum/SIP)
    ₹ 100 /₹ 100
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 16,203.69 Cr(As on Mar, 2026)
    Inception Date
    Aug 03, 2018
    Turnover
    289.13 %
    Exit Load
    If units redeemed or switched out are in excess of the limit within 180 Days from the date of allotment: 1%. 3. If units are redeemed or switched out on or after 180 Days from the date of allotment: Nil.

    bt_logoABOUT THE FUND

    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.

    Kotak Balanced Advantage Fund Direct Growth is an Allocation - Dynamic Asset Allocation fund. The fund was launched inAug 03, 2018. Its risk level is . The NAV of the fund as onMay 12, 2026 is ₹22.12. Its expense ratio is 0.49 %. The fund has an AUM of ₹16,203.69 Cr.The fund is managed byHarish Krishnan,Abhishek Bisen,Hiten Shah,Arjun Khanna,Harsha Upadhyaya,Rohit Tandon.
    The minimum initial investment is  ₹100 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Harish Krishnan
    Harish Krishnan
    i
    Lead Fund Manager.
    Aug 3, 2018 - Present
    • Schemes managed11
    • Total AUM₹ 99,846.19 Cr
    • Highest Return In 1 Yr18.07 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Kotak Manufacture in India Fund Direct Growth
    --
    ₹ 21.40
    2.01%
    -%
    Very High Risk
    ₹2,400.89Cr
    Kotak Pioneer Fund Direct Growth
    --
    ₹ 35.64
    7.51%
    -%
    Very High Risk
    ₹3,082.81Cr
    Kotak Balanced Advantage Fund Direct Growth
    ₹ 22.12
    -0.72%
    -0.42%
    Moderately High risk
    ₹16,203.69Cr
    Kotak Manufacture in India Fund Direct Growth
    Very High Risk--
    • NAV₹ 21.40
    • Fund Size₹2,400.89Cr
    Fund Return2.01%
    Category Return--
    Kotak Pioneer Fund Direct Growth
    Very High Risk--
    • NAV₹ 35.64
    • Fund Size₹3,082.81Cr
    Fund Return7.51%
    Category Return--
    Kotak Balanced Advantage Fund Direct Growth
    Moderately High risk
    • NAV₹ 22.12
    • Fund Size₹16,203.69Cr
    Fund Return-0.72%
    Category Return-0.42%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Abhishek Bisen
    Abhishek Bisen
    i
    Lead Fund Manager.
    Aug 3, 2018 - Present
    • Schemes managed389
    • Total AUM₹ 3,01,762.90 Cr
    • Highest Return In 1 Yr173.46 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth
    --
    ₹ 13.01
    0.40%
    -%
    Moderate Risk
    ₹6,825.46Cr
    Kotak All Weather Debt Fund of Funds Direct Growth
    --
    ₹ 12.93
    0.19%
    -%
    Moderate Risk
    ₹7,699.44Cr
    Kotak Banking & Financial Services Fund Direct Growth
    --
    ₹ 16.01
    -2.24%
    -3.48%
    Very High Risk
    ₹1,293.28Cr
    Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct Growth
    Moderate Risk--
    • NAV₹ 13.01
    • Fund Size₹6,825.46Cr
    Fund Return0.40%
    Category Return--
    Kotak All Weather Debt Fund of Funds Direct Growth
    Moderate Risk--
    • NAV₹ 12.93
    • Fund Size₹7,699.44Cr
    Fund Return0.19%
    Category Return--
    Kotak Banking & Financial Services Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.01
    • Fund Size₹1,293.28Cr
    Fund Return-2.24%
    Category Return-3.48%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Hiten Shah
    Hiten Shah
    i
    Lead Fund Manager.
    Oct 3, 2019 - Present
    • Schemes managed3
    • Total AUM₹ 92,788.17 Cr
    • Highest Return In 1 Yr6.75 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Kotak Equity Arbitrage Fund Direct Growth
    --
    ₹ 42.30
    0.46%
    0.41%
    Low Risk
    ₹67,116.51Cr
    Kotak Balanced Advantage Fund Direct Growth
    ₹ 22.12
    -0.72%
    -0.42%
    Moderately High risk
    ₹16,203.69Cr
    Kotak Equity Savings Fund Direct Growth
    ₹ 29.73
    0.56%
    0.12%
    Moderately High risk
    ₹9,467.97Cr
    Kotak Equity Arbitrage Fund Direct Growth
    Low Risk--
    • NAV₹ 42.30
    • Fund Size₹67,116.51Cr
    Fund Return0.46%
    Category Return0.41%
    Kotak Balanced Advantage Fund Direct Growth
    Moderately High risk
    • NAV₹ 22.12
    • Fund Size₹16,203.69Cr
    Fund Return-0.72%
    Category Return-0.42%
    Kotak Equity Savings Fund Direct Growth
    Moderately High risk
    • NAV₹ 29.73
    • Fund Size₹9,467.97Cr
    Fund Return0.56%
    Category Return0.12%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Arjun Khanna
    Arjun Khanna
    i
    Lead Fund Manager.
    Apr 30, 2022 - Present
    • Schemes managed377
    • Total AUM₹ 4,07,588.19 Cr
    • Highest Return In 1 Yr68.43 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Kotak Small Cap Direct Growth
    ₹ 298.29
    5.64%
    5.79%
    Very High Risk
    ₹15,157.49Cr
    Kotak Equity Hybrid Direct Growth
    ₹ 73.65
    0.48%
    -0.31%
    Very High Risk
    ₹7,811.59Cr
    Kotak Banking & Financial Services Fund Direct Growth
    --
    ₹ 16.01
    -2.24%
    -3.48%
    Very High Risk
    ₹1,293.28Cr
    Kotak Small Cap Direct Growth
    Very High Risk
    • NAV₹ 298.29
    • Fund Size₹15,157.49Cr
    Fund Return5.64%
    Category Return5.79%
    Kotak Equity Hybrid Direct Growth
    Very High Risk
    • NAV₹ 73.65
    • Fund Size₹7,811.59Cr
    Fund Return0.48%
    Category Return-0.31%
    Kotak Banking & Financial Services Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.01
    • Fund Size₹1,293.28Cr
    Fund Return-2.24%
    Category Return-3.48%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Harsha Upadhyaya
    Harsha Upadhyaya
    i
    Lead Fund Manager.
    Oct 1, 2023 - Present
    • Schemes managed368
    • Total AUM₹ 3,73,656.85 Cr
    • Highest Return In 1 Yr17.82 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Kotak Tax Saver-Scheme-Growth - Direct
    ₹ 129.24
    -1.36%
    -0.25%
    Very High Risk
    ₹5,586.77Cr
    Kotak Equity Opportunities Direct Growth
    ₹ 386.52
    -1.55%
    0.69%
    Very High Risk
    ₹27,372.55Cr
    Kotak Flexicap Fund Direct Growth
    ₹ 92.76
    -2.03%
    0.10%
    Very High Risk
    ₹50,146.20Cr
    Kotak Tax Saver-Scheme-Growth - Direct
    Very High Risk
    • NAV₹ 129.24
    • Fund Size₹5,586.77Cr
    Fund Return-1.36%
    Category Return-0.25%
    Kotak Equity Opportunities Direct Growth
    Very High Risk
    • NAV₹ 386.52
    • Fund Size₹27,372.55Cr
    Fund Return-1.55%
    Category Return0.69%
    Kotak Flexicap Fund Direct Growth
    Very High Risk
    • NAV₹ 92.76
    • Fund Size₹50,146.20Cr
    Fund Return-2.03%
    Category Return0.10%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Rohit Tandon
    Rohit Tandon
    i
    Lead Fund Manager.
    Jan 22, 2024 - Present
    • Schemes managed359
    • Total AUM₹ 1,98,775.49 Cr
    • Highest Return In 1 Yr2.68 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Kotak Balanced Advantage Fund Direct Growth
    ₹ 22.12
    -0.72%
    -0.42%
    Moderately High risk
    ₹16,203.69Cr
    Kotak Bluechip Direct Growth
    ₹ 627.12
    -2.63%
    -1.95%
    Very High Risk
    ₹9,794.47Cr
    Kotak Quant Fund Direct Growth
    --
    ₹ 14.88
    0.72%
    -%
    Very High Risk
    ₹483.97Cr
    Kotak Balanced Advantage Fund Direct Growth
    Moderately High risk
    • NAV₹ 22.12
    • Fund Size₹16,203.69Cr
    Fund Return-0.72%
    Category Return-0.42%
    Kotak Bluechip Direct Growth
    Very High Risk
    • NAV₹ 627.12
    • Fund Size₹9,794.47Cr
    Fund Return-2.63%
    Category Return-1.95%
    Kotak Quant Fund Direct Growth
    Very High Risk--
    • NAV₹ 14.88
    • Fund Size₹483.97Cr
    Fund Return0.72%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Apr, 2026
    EQUITY (63.13%)
    DEBT (18.75%)
    CASH (18.12%)
    Allocation by Market Cap
    Large Cap(42.28%)
    Mid Cap(10.29%)
    Small Cap(7.91%)
    Industry Holdings
    • Banks Regional18.68%
    • Information Technology Services7.08%
    • Oil Gas Refining Marketing6.87%
    • Auto Manufacturers5.65%
    • Credit Services4.66%
    • Telecom Services4.38%
    Stock Holdings
    • Reliance Industries Ltd3.84%
    • ICICI Bank Ltd3.79%
    • State Bank of India3.21%
    • HDFC Bank Ltd2.93%
    • Bharti Airtel Ltd2.34%
    • Larsen & Toubro Ltd2.11%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      0.44
      This Fund
      VS
      0.36
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      96.25
      This Fund
      VS
      88.66
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      1.08
      This Fund
      VS
      1.10
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      0.55
      This Fund
      VS
      0.53
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      0.78
      This Fund
      VS
      0.79
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      8.96
      This Fund
      VS
      9.56
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Kotak Mahindra Asset Management Co Ltd
    Kotak Mahindra Asset Management Co Ltd manages assets worth ₹ 5,59,973.78 crores. It’s current offering of mutual fund schemes includes 54 equity, 56 debt and 9 hybrid schemes.
    phone icon
    Phone
    +91 22 61152100
    mail icon
    Email
    fundaccops@kotakmutual.com
    aum
    AUM
    ₹ 5,59,973.78 Cr (
    As on Mar 31, 2026
    )
    location
    Address
    2nd Floor, 12-BKC, Plot No C-12 Mumbai,400 051

    bt_logoFAQs

    What is the category of Kotak Balanced Advantage Fund Direct Growth ?
    The category of Kotak Balanced Advantage Fund Direct Growth is Allocation - Dynamic Asset Allocation
    What is the current NAV of Kotak Balanced Advantage Fund Direct Growth ?
    The current NAV of Kotak Balanced Advantage Fund Direct Growth as on May 11, 2026 is ₹22.42
    How safe is Kotak Balanced Advantage Fund Direct Growth ?
    The risk level of Kotak Balanced Advantage Fund Direct Growth is Moderately High.
    What are short term returns given by Kotak Balanced Advantage Fund Direct Growth ?
    The return given by Kotak Balanced Advantage Fund Direct Growth in 1 month is 0.63%, 3 months is -2.85%, 6 months is -1.52%, and 1 year is 4.60%
    What are the long term returns given by Kotak Balanced Advantage Fund Direct Growth ?
    The return given by Kotak Balanced Advantage Fund Direct Growth in 3 years is 11.10% and 5 years is 10.39%.
    What is the expense ratio of Kotak Balanced Advantage Fund Direct Growth ?
    The expense ratio of Kotak Balanced Advantage Fund Direct Growth is 0.49%
    What is the AUM of Kotak Balanced Advantage Fund Direct Growth ?
    The assets under Management (AUM) of Kotak Balanced Advantage Fund Direct Growth is Rs 16,203.69 crores.
    What is the minimum investment in Kotak Balanced Advantage Fund Direct Growth ?
    The minimum Lumpsum investment in Kotak Balanced Advantage Fund Direct Growth is ₹100.00 and the minimum SIP investment in Kotak Balanced Advantage Fund Direct Growth is ₹100.00
    What is the asset allocation of Kotak Balanced Advantage Fund Direct Growth?
    Kotak Balanced Advantage Fund Direct Growth has an exposure of 63.13% in Equity, 18.75% in Debt and 18.12% in Cash & Money Market Securities

    bt_logoCALCULATORS

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