₹ 13.124
NAV (Feb 24)
Neutral
However, Scripbox does not recommend investing in dynamic asset allocation or balanced advantage mutual funds.
Dynamic Asset Allocation funds change their exposure to debt and equity dynamically - taking a call on market valuation & conditions.
This makes their performance difficult to assess.
With a high Equity component, the impact of market fluctuations on these funds is high.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
3 Years. The Fund has a Short history for analysis. We recommend funds with longer history.
Relative Size
6,245 Cr. Category leader in size
Category View
Neutral. The category has a neutral investment outlook
Consistency Of Performance
Relatively moderate. The historical performance of the fund has been OK
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
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Scheme Information
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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
High Risk
1.91 %
Expense Ratio
Aug 03, 2018
Launched (3y ago)
₹ 6,245
AUM in Crores
INF174KA1160
ISIN
No Lock-in
Lock-in
Nifty 50 Hybrid Comp Debt 50:50 PR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
Comparison with Hybrid Funds
Aggressive Hybrid
26 Years
Age
Track Record
Aggressive Hybrid
22 Years
Age
Track Record
Conservative Hybrid
18 Years
Age
Track Record
Multi Asset Allocation
16 Years
Age
Track Record
Conservative Hybrid
17 Years
Age
Track Record
About the AMC
Kotak Mahindra Asset Management Co Ltd
Kotak Mahindra Asset Management Co Ltd manages assets worth 220,225 crores and was set up on 5 August 1994. It's current offering of mutual fund schemes includes 34 equity,162 debt and 26 hybrid funds.
Ultra Short
Recommended
Top Ranked
₹ 12,325 Cr
Fund Size
6.8%
3Y returns
Diversified
Recommended
Top Ranked
₹ 32,453 Cr
Fund Size
11.2%
3Y returns
Ultra Short
Top Ranked
₹ 12,325 Cr
Fund Size
5.1%
3Y returns
Ultra Short
Top Ranked
₹ 12,325 Cr
Fund Size
5.5%
3Y returns
Ultra Short
Top Ranked
₹ 12,325 Cr
Fund Size
5.3%
3Y returns
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
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Kotak Balanced Advantage Fund (DP-A) is a dynamic asset allocation or balanced advantage hybrid fund and has delivered an annualised return of 11.0% over a period of 3 years ..The fund is managed by Kotak Mahindra Asset Management Co Ltd.The fund managers are Abhishek Bisen, Arjun Khanna, Harish Krishnan, Hiten Shah
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. However, there is no assurance that the objective of the scheme will be realized.
The Kotak Balanced Advantage Fund (DP-A) fund was launched on Aug 03, 2018. The NAV (Net Asset Value) of this dynamic asset allocation or balanced advantage hybrid as of 2021-02-24 is ₹ 13.124. The total AUM (Asset Under Management) of the fund as of 2021-02-24 is ₹ 6244.927. The category risk of the Kotak Balanced Advantage Fund (DP-A) fund is High Risk. The fund charges 1.91 % as expense ratio.
The fund’s highest allocation is towards others and has invested 52.1% in this asset class. The top three holdings of the fund are 6.19% govt stock 2034,govt stock and power finance corporation ltd.
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty 50 Hybrid Comp Debt 50:50 PR INR
Kotak Balanced Advantage Fund (DP-A) has a score of 3 on a scale of 5. The fund scores 2 out of 5 based on historical performance. As compared to the other funds in its category, Kotak Balanced Advantage Fund (DP-A) has a score of 5 out of 5. Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.