Rating : N/A

Kotak Balanced Advantage Fund Direct Dividend Reinvestment

Hybrid

  

Balanced Advantage

NAV

12.087 +0.001

(as on 18 Sep, 2020)

RETURNS

NA

Fund Type

Open Ended

Investment Plan

Dividend Payout

Investment Plan

1%

Benchmark

IISL Nifty 50 TR INR

Asset Size

4263.75 Cr.

(As of 31 Aug, 2020)

Risk

Moderately High

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.

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Fund manager

Harish Krishnan

Exit load

1 %

(If redeemed within 365 days)

Minimum sip

₹100

Minimum investment

₹1000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Reliance Industries Ltd

6.17%

Cnx Nifty-Sep2020

5.55%

Cnx Bank Index-Sep2020

5.12%

Kotak Liquid Dir Gr

4.93%

Sector Allocation

About the Scheme Type

Balanced Advantage Funds are open ended dynamic asset allocation funds which dynamically invest in the debt and equity part of the corpus as per the market conditions. The waythis works is if the market is very high or overvalued, they’ll have lower equity exposure and if the market is undervalued or rightly-priced, they’ll increase their equity exposure. The fund aims to benefit from the market fluctuations and give attractivereturns to the investors.

Ratings

This fund is rated 0 stars by Morning Star Ratings.

N/A

Overview of Kotak Mahindra Asset Management Co Ltd

Kotak Mahindra Asset Management Company Limited (KMAMC), a wholly owned subsidiary of Kotak Mahindra bank Limited (KMBL), is the Asset Manager for Kotak Mahindra Mutual Fund (KMMF). Kotak Mutual Fund started operations in December 1998 and has approximately 7.5 Lac investors in various schemes. Kotak Mutual Fund offers schemes catering to investors with varying risk - return profiles and was the first fund house in the country to launch a dedicated gilt scheme investing only in government securities. The company is present in 80 cities and has 84 branches.

Vision of Kotak Mutual Fund – Kotak Mutual Fund envisions to be a responsible player in the Indian mutual fund space, offering best in class products across investor lifecycle. We, at Kotak Mutual Fund, strive hard to deliver consistent performance over the benchmark across all our products, thereby creating customer satisfaction. Our 12 years of existence, offering a broad range of investment products across asset classes with varying risk parameters that cater to needs of various customer segments, have enabled us to garner trust of over 10 lac investors.