Kotak Balanced Advantage Fund is a Balanced Advantage fund run by Kotak Mahindra Mutual Fund. On 30-09-2026, it managed ₹16,618 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 9.2% a year and its Regular plan returned 8.0% a year. Its benchmark, NIFTY 50 Hybrid Composite Debt 50:50 Index, returned 6.0% a year over the same 3 years.
NAV (Direct plan)
₹22.45
▼ 0.07% · 30-10-2026
NAV (Regular plan)
₹20.41
▼ 0.07% · 30-10-2026
Expense ratio
0.82%Direct1.88%Regular
0.82%
A year
Riskometer
Very High
Set by the fund house
3 year return
9.2%Direct8.0%Regular
9.2%
A year
Kotak Balanced Advantage Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹22.45 (down 0.07% that day); Regular Plan Growth ₹20.41 (down 0.07% that day).
This fund (Direct plan)
₹22.453
Kotak Balanced Advantage Fund Returns vs NIFTY 50 Hybrid Composite Debt 50:50 Index
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−0.31%
−3.11%
+0.22%
−1.56%
+9.18%
+8.44%
--
This fund (Regular)
−0.40%
−3.37%
−0.32%
−2.61%
+7.98%
+7.19%
--
NIFTY 50 Hybrid Composite Debt 50:50 Index
−3.31%
−3.02%
+1.93%
−2.65%
+6.05%
+5.96%
--
Balanced Advantage average
−0.55%
−2.88%
+0.08%
−2.08%
+9.14%
+8.35%
--
Best in Balanced Advantage
+1.54%
+1.98%
+8.19%
+8.40%
+12.82%
+13.03%
--
Worst in Balanced Advantage
−3.94%
−6.19%
−4.43%
−6.88%
+2.71%
+5.58%
--
Rank in Balanced Advantage
17/37
21/37
19/37
17/36
16/30
11/20
--
Category rows compare the Direct plans of 38 Balanced Advantage funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.
Kotak Balanced Advantage Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
−2.17%
−3.03%
2025
+7.13%
+5.97%
2024
+15.67%
+14.34%
2023
+17.42%
+16.06%
2022
+5.06%
+3.76%
2021
+14.43%
+12.96%
Kotak Balanced Advantage Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 1,286 periods, one for each trading day from 10-08-2021 to 30-10-2026.
0%5%10%15%20%25%
Kotak Balanced Advantage Fund (Direct)
Category average, 38 Balanced Advantage funds
Jan 2019 to Jan 2022Nov 2019 to Nov 2022Oct 2020 to Oct 2023Sept 2021 to Sept 2024Jul 2022 to Jul 2025May 2023 to May 2026
Kotak Balanced Advantage Fund (Direct)Category average, 38 Balanced Advantage funds
0%
0%
Below 0%
0%
0%
0-5%
3%
5%
5-10%
87%
86%
10-15%
10%
9%
15-20%
0%
0%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
1,777
11.4%
−17.7%
58.6%
4%
9.3%
59%
2 years
1,535
13.5%
1.1%
31.9%
0%
13.5%
49%
3 years
1,286
12.7%
8.5%
22.4%
0%
13.1%
37%
5 years
791
12.9%
8.0%
19.4%
0%
13.1%
22%
7 years
299
11.9%
10.4%
13.3%
0%
11.6%
93%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
87
11.2%
−27.8%
35.4%
9%
9.9%
59%
2 years
75
12.3%
−0.3%
22.9%
1%
11.7%
52%
3 years
63
12.6%
4.2%
18.8%
0%
12.9%
49%
5 years
39
12.5%
7.7%
16.7%
0%
12.6%
18%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 38 Balanced Advantage funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.
Kotak Balanced Advantage Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Kotak Balanced Advantage Fund (Direct)This fund
Category average
Return (CAGR)
−1.56%
−2.10%
Standard deviation
8.92%
8.39%
Sharpe ratio
-0.76
-0.88
Sortino ratio
-1.02
-1.17
Maximum drawdown
−8.4%
(30-03-2026)
−8.3%
(30-03-2026)
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Kotak Balanced Advantage Fund (Direct)This fund
Category average
Return (CAGR)
+9.18%
+9.05%
Standard deviation
7.95%
7.94%
Sharpe ratio
0.40
0.38
Sortino ratio
0.55
0.51
Maximum drawdown
−9.1%
(28-02-2025)
−9.4%
(28-02-2025)
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Kotak Balanced Advantage Fund (Direct)This fund
Category average
Return (CAGR)
+8.44%
+8.47%
Standard deviation
7.33%
7.56%
Sharpe ratio
0.36
0.35
Sortino ratio
0.49
0.48
Maximum drawdown
−9.1%
(28-02-2025)
−9.4%
(28-02-2025)
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Kotak Balanced Advantage Fund (Direct)This fund
Category average
Return (CAGR)
+10.31%
+9.65%
Standard deviation
9.51%
9.09%
Sharpe ratio
0.53
0.48
Sortino ratio
0.70
0.64
Maximum drawdown
−26.3%
(23-03-2020)
−22.6%
(23-03-2020)
From daily NAVs, 10-08-2018 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−30%−25%−20%−15%−10%−5%0%
Kotak Balanced Advantage Fund (Direct)
Category average, 38 Balanced Advantage funds
20192020202120222023202420252026
Kotak Balanced Advantage Fund (Direct)Category average, 38 Balanced Advantage funds
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Kotak Balanced Advantage Fund (Direct)
−26.3%
12-02-2020
23-03-2020
21-07-2020
4 months
−4.4%
Category average
−22.6%
12-02-2020
23-03-2020
18-08-2020
5 months
−4.2%
From the Direct plan's daily NAV since 10-08-2018, adjusted for unit splits, and the average of the 38 Balanced Advantage funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Kotak Balanced Advantage Fund vs Other Balanced Advantage Funds
The five Balanced Advantage funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Kotak Balanced Advantage Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Balanced Advantage median
Cost rank (1 = cheapest)
Direct
0.54%
0.03%
0.01%
0.24%
0.82%
1.04%
7/38
Regular
1.44%
0.03%
0.01%
0.41%
1.88%
2.30%
7/38
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Balanced Advantage funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−2.61%
−1.56%
1.05%
₹97,390
₹98,440
3 years
7.98%
9.18%
1.20% a year
₹1,25,901
₹1,30,146
5 years
7.19%
8.44%
1.25% a year
₹1,41,505
₹1,49,950
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Kotak Balanced Advantage Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 10-08-2018 to 30-10-2026: 99 instalments, ₹9,90,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planKotak Balanced Advantage Fund (Direct)
₹9,90,000
₹14,95,965
₹5,05,965
9.8%
Regular planKotak Balanced Advantage Fund (Regular)
Direct planKotak Balanced Advantage Fund (Direct)Regular planKotak Balanced Advantage Fund (Regular)Category averageCategory average, 38 Balanced Advantage fundsAmount invested
From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Kotak Balanced Advantage Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
70.2%Equity
Asset
Fund
Category
Equity
70.2%
69.0%
Debt
20.3%
23.0%
Cash and others
9.5%
7.9%
Market cap of stocks
Market cap
Fund
Category
Large Cap
51.1%
47.4%
Mid Cap
9.0%
11.6%
Small Cap
9.6%
8.8%
Not on AMFI's list
0.5%
1.4%
Share of the whole fund. Category: the average of the Balanced Advantage funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Credit rating
Bonds and money market papers by credit rating, % of the fund. Category: the average of 37 Balanced Advantage funds.
Rating
Fund
Category
Sovereign
8.1%
7.4%
AAA and A1+
9.6%
11.3%
AA
2.6%
3.3%
Kotak Balanced Advantage Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks14.6%
IT - Software4.3%
Petroleum Products4.0%
Finance3.5%
Automobiles3.5%
Auto Components3.1%
Pharmaceuticals and Biotechnology3.1%
Telecom - Services2.9%
Chemicals and Petrochemicals2.2%
Construction2.1%
The ten largest of 42 sectors. The other 32 add up to 26.9%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
14.6%
14.8%
14.6%
0.0%
IT - Software
4.6%
4.7%
4.3%
−0.3%
Petroleum Products
4.1%
4.1%
4.0%
−0.1%
Finance
4.1%
3.8%
3.5%
−0.6%
Automobiles
4.0%
3.8%
3.5%
−0.5%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Kotak Balanced Advantage Fund Portfolio Holdings
As on 30-09-2026 · 201 holdings · from the fund house's monthly portfolio
Holdings
Sector / Rating
Weight%
Holdings trend
1M change
Central Government - 2064 · Government security
SOV
5.67%
ICICI BANK LTD.
Banks
4.93%
+0.2%
STATE BANK OF INDIA.
Banks
3.64%
−0.1%
RELIANCE INDUSTRIES LTD.
Petroleum Products
3.36%
+1.0%
HDFC BANK LTD.
Banks
3.16%
+2.8%
BHARTI AIRTEL LTD.
Telecom - Services
2.38%
−1.8%
Larsen and Toubro Ltd.
Construction
1.99%
0.0%
BAJAJ FINANCE LTD.
Finance
1.75%
−0.6%
Solar Industries India Limited
Chemicals and Petrochemicals
1.67%
0.0%
Ultratech Cement Ltd.
Cement and Cement Products
1.55%
−1.8%
Power Finance Corporation Ltd. · Bond
CRISIL AAA
1.49%
Infosys Ltd.
IT - Software
1.48%
−3.8%
Adani Ports and Special Economic Zone Limited
Transport Infrastructure
1.40%
−3.3%
ETERNAL LIMITED
Retailing
1.35%
−14.7%
JTPM METAL TRADERS PVT LTD ( CATALYST TRUSTEESHIP LIMITE) · Bond
CRISIL AA
1.30%
AXIS BANK LTD.
Banks
1.30%
−0.9%
Mahindra & Mahindra Ltd.
Automobiles
1.29%
+0.1%
Sansera Engineering Ltd
Auto Components
1.27%
−2.5%
KOTAK MAHINDRA BANK LTD.
Banks
1.25%
0.0%
Maruti Suzuki India Limited
Automobiles
1.23%
+1.0%
GE VERNOVA T&D INDIA LIMITED
Electrical Equipment
1.17%
0.0%
BROOKFIELD REIT
Realty
1.16%
National Housing Bank · Bond
CARE AAA
1.15%
Adani Enterprises Ltd
Metals and Minerals Trading
1.02%
−2.2%
Mphasis Ltd
IT - Software
0.99%
−1.1%
KNOWLEDGE REALTY TRUST
Realty
0.92%
Inter Globe Aviation Ltd
Transport Services
0.92%
0.0%
PUNJAB NATIONAL BANK · Certificate of deposit
CRISIL A1+
0.88%
ITC Ltd.
Diversified FMCG
0.86%
−1.3%
Central Government - 2063 · Government security
SOV
0.85%
Tech Mahindra Ltd.
IT - Software
0.81%
+5.7%
Central Government - 2054 · Government security
SOV
0.77%
Ami Organics Ltd
Pharmaceuticals and Biotechnology
0.76%
0.0%
Coromandel International Limited
Fertilizers and Agrochemicals
0.76%
0.0%
Schaeffler India Ltd
Auto Components
0.72%
0.0%
NTPC LTD
Power
0.70%
−0.0%
Power Grid Corporation of India Ltd.
Power
0.70%
−1.6%
YATHARTH HOSPITAL AND TRAUMA CARE SERVICES LTD
Healthcare Services
0.69%
0.0%
BHARAT PETROLEUM CORPORATION LTD.
Petroleum Products
0.65%
0.0%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT · Certificate of deposit
CRISIL A1+
0.65%
SUN PHARMACEUTICAL INDUSTRIES LTD.
Pharmaceuticals and Biotechnology
0.64%
−4.9%
TATA CONSULTANCY SERVICES LTD.
IT - Software
0.64%
+1.9%
Hindustan Unilever Ltd.
Diversified FMCG
0.62%
−1.8%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT · Bond
CRISIL AAA
0.60%
BANK OF BARODA · Certificate of deposit
CARE A1+
0.59%
ICICI Lombard General Insurance Company Ltd
Insurance
0.59%
0.0%
Hindalco Industries Ltd.
Non - Ferrous Metals
0.58%
−3.7%
Bosch Limited
Auto Components
0.58%
0.0%
DSP FINANCE PRIVATE LIMITED · Commercial paper
ICRA A1+
0.58%
SHRIRAM FINANCE LIMITED
Finance
0.53%
+1.4%
United Spirits Ltd
Beverages
0.53%
0.0%
V-Guard Industries Ltd.
Consumer Durables
0.53%
0.0%
KRISHNA INSTITUTE OF MEDICAL
Healthcare Services
0.53%
0.0%
TORRENT PHARMACEUTICALS LTD.
Pharmaceuticals and Biotechnology
0.52%
0.0%
AMBUJA CEMENTS LTD.
Cement and Cement Products
0.49%
0.0%
Bajaj Auto Ltd.
Automobiles
0.48%
+2.5%
Oberoi Realty Limited
Realty
0.47%
−7.3%
Ratnamani Metals & Tubes Ltd.
Industrial Products
0.47%
0.0%
Power Finance Corporation Ltd.
Finance
0.46%
0.0%
Bharat Heavy Electricals Ltd.
Electrical Equipment
0.46%
0.0%
MINDSPACE BUSINESS PARKS REIT · Bond
CRISIL AAA
0.45%
BHARTI TELECOM LTD. · Bond
CRISIL AAA
0.45%
MAHINDRA LIFESPACE DEVELOPERS LTD
Realty
0.45%
0.0%
BROOKFIELD REIT · Bond
CRISIL AAA
0.44%
REC LTD · Bond
CRISIL AAA
0.43%
VEDANTA ALUMINIUM METAL LTD
Non - Ferrous Metals
0.43%
0.0%
GODREJ CONSUMER PRODUCTS LTD.
Personal Products
0.42%
0.0%
Carborundum Universal Ltd.
Industrial Products
0.42%
0.0%
TITAN COMPANY LTD.
Consumer Durables
0.42%
−2.2%
Apollo Tyres Ltd.
Auto Components
0.41%
0.0%
Indus Towers Ltd.
Telecom - Services
0.40%
−3.7%
Bharat Electronics Ltd.
Aerospace and Defense
0.40%
−2.2%
Coal India Limited
Consumable Fuels
0.38%
+18.9%
Jubilant Foodworks Limited
Leisure Services
0.38%
0.0%
GUJARAT ENERGY LIMITED
Gas
0.38%
0.0%
Life Insurance Corporation Of India
Insurance
0.37%
0.0%
Persistent Systems Limited
IT - Software
0.37%
−7.1%
Central Government - 2065 · Government security
SOV
0.36%
Jindal Steel & Power Ltd
Ferrous Metals
0.36%
0.0%
APTUS VALUE HOUSING FINANCE
Finance
0.33%
−25.5%
TELANGANA STATE INDUSTRIAL INFRASTRUCTURE CORPORATION LTD. · Bond
FITCH AA(CE)
0.32%
Oil And Natural Gas Corporation Ltd.
Oil
0.31%
−6.8%
CAPITAL INFRA TRUST
Construction
0.30%
360 ONE PRIME LTD. · Bond
ICRA AA
0.30%
MUTHOOT FINANCE LTD. · Bond
CRISIL AA+
0.30%
AXISCADES TECHNOLOGIES LTD
Aerospace and Defense
0.30%
New
HDFC BANK LTD. · Certificate of deposit
CARE A1+
0.29%
PUNJAB NATIONAL BANK · Certificate of deposit
CRISIL A1+
0.29%
FEDERAL BANK LTD. · Certificate of deposit
CRISIL A1+
0.29%
BIOCON LTD.
Pharmaceuticals and Biotechnology
0.29%
0.0%
HDFC Life Insurance Company Ltd
Insurance
0.29%
0.0%
KEI Industries Ltd.
Industrial Products
0.29%
0.0%
JYOTI CNC AUTOMATION LTD
Industrial Manufacturing
0.29%
0.0%
Apollo Hospitals Enterprise Ltd.
Healthcare Services
0.28%
−7.6%
SRF LTD.
Chemicals and Petrochemicals
0.28%
0.0%
EMBASSY OFFICE PARKS REIT
Realty
0.27%
WIPRO LTD.-OCT2026
0.27%
0.0%
Kajaria Ceramics Ltd.
Consumer Durables
0.26%
0.0%
ADANI ENERGY SOLUTIONS LTD.
Power
0.26%
+14.1%
ANDHRA PRADESH STATE BEVERAGES CORPORATION LIMITED · Bond
FITCH AA(CE)
0.25%
GODREJ PROPERTIES LIMITED
Realty
0.25%
−5.8%
Asian Paints(India) Ltd.
Consumer Durables
0.24%
0.0%
INDO-MIM LTD
Industrial Manufacturing
0.23%
0.0%
Cipla Ltd.
Pharmaceuticals and Biotechnology
0.22%
−12.0%
HYUNDAI MOTORS INDIA LTD
Automobiles
0.22%
0.0%
PINE LABS LTD.
Financial Technology (Fintech)
0.22%
New
MINDSPACE BUSINESS PARKS REIT
Realty
0.20%
SAI LIFE SCIENCES LIMITED
Pharmaceuticals and Biotechnology
0.20%
0.0%
PIRAMAL FINANCE LTD
Finance
0.19%
0.0%
TATA MOTORS PASSENGER VEHICLES LTD
Automobiles
0.18%
0.0%
Amber Enterprises India Ltd
Consumer Durables
0.18%
0.0%
Godrej Agrovet Ltd.
Food Products
0.18%
0.0%
PB Fintech Ltd.
Financial Technology (Fintech)
0.17%
−52.9%
RAINBOW CHILDRENS MEDICARE LTD
Healthcare Services
0.17%
0.0%
TATA COMMUNICATIONS LTD
Telecom - Services
0.16%
0.0%
HDB FINANCIAL SERVICES LTD.
Finance
0.16%
0.0%
VIYASH SCIENTIFIC LTD
Pharmaceuticals and Biotechnology
0.16%
0.0%
JANA SMALL FINANCE BANK
Banks
0.16%
0.0%
HDFC BANK LTD. · Bond
CARE AAA
0.15%
Power Finance Corporation Ltd. · Bond
CRISIL AAA
0.15%
DLF LIMITED
Realty
0.15%
−33.3%
INDIAN BANK · Certificate of deposit
CRISIL A1+
0.15%
PNB HOUSING FINANCE LTD. · Bond
CARE AAA
0.15%
Page Industries Ltd
Textiles and Apparels
0.15%
0.0%
MTAR TECHNOLOGIES LIMITED
Electrical Equipment
0.15%
0.0%
Bihar State Govt - 2035 - Bihar · State government security
SOV
0.14%
INDUS INFRA TRUST
Transport Infrastructure
0.14%
NTPC GREEN ENERGY LIMITED
Power
0.14%
0.0%
NUVAMA WEALTH MANAGEMENT LIMITED
Capital Markets
0.14%
0.0%
Deepak Nitrite Ltd.
Chemicals and Petrochemicals
0.12%
0.0%
KALYAN JEWELLERS INDIA LTD.
Consumer Durables
0.12%
0.0%
PIRAMAL PHARMA LIMITED
Pharmaceuticals and Biotechnology
0.11%
0.0%
Exide Industries Ltd.
Auto Components
0.11%
New
ASTRAL LTD.
Industrial Products
0.10%
0.0%
Techno Electric & Engineering Company Limited
Construction
0.10%
0.0%
RAAJMARG INFRA INVESTMENT TRUST
Transport Infrastructure
0.10%
ADITYA BIRLA CAPITAL LTD · Bond
ICRA AAA
0.10%
Glenmark Pharmaceuticals Ltd
Pharmaceuticals and Biotechnology
0.10%
−18.9%
GS CG 25/05/2036 - (STRIPS) · Government security
SOV
0.09%
Hindustan Aeronautics Ltd.
Aerospace and Defense
0.09%
−17.6%
KUSUMGAR LTD
Textiles and Apparels
0.09%
0.0%
Power Finance Corporation Ltd. · Bond
ICRA AAA
0.09%
Ashok Leyland Ltd.
Agricultural, Commercial and Constr
0.09%
0.0%
JIO FINANCIAL SERVICES LTD
Finance
0.09%
+7.8%
GS CG 15/10/2037 - (STRIPS) · Government security
SOV
0.08%
PUNJAB NATIONAL BANK
Banks
0.08%
−2.0%
GSPL TRANSMISSION LIMITED
Gas
0.08%
0.0%
PHOENIX MILLS LTD.
Realty
0.08%
−13.2%
GS CG 15/10/2039 - (STRIPS) · Government security
SOV
0.07%
BANK OF BARODA
Banks
0.07%
−30.0%
JUBILANT INGREVIA LTD.
Chemicals and Petrochemicals
0.07%
0.0%
TML COMMERCIAL VEHICLES LIMITED
Agricultural, Commercial and Constr
0.07%
New
Cummins India Ltd.
Industrial Products
0.07%
0.0%
Alkem Laboratories Ltd.
Pharmaceuticals and Biotechnology
0.07%
0.0%
ANDHRA PRADESH STATE BEVERAGES CORPORATION LIMITED · Bond
FITCH AA(CE)
0.06%
Power Finance Corporation Ltd. · Bond
CRISIL AAA
0.06%
GODREJ INDUSTRIES LTD ( ) · Bond
ICRA AA+
0.06%
SWIGGY LTD
Retailing
0.05%
New
TEMPSENS INSTRUMENTS (INDIA) LIMITED
Industrial Manufacturing
0.05%
0.0%
Hindustan Zinc Ltd.
Non - Ferrous Metals
0.05%
0.0%
Linde India Ltd.
Chemicals and Petrochemicals
0.05%
0.0%
TVS Motor Company Ltd.
Automobiles
0.05%
−33.1%
Eicher Motors Ltd.
Automobiles
0.04%
−51.3%
LASER POWER & INFRA LTD
Industrial Products
0.04%
0.0%
Voltas Ltd.
Consumer Durables
0.04%
0.0%
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD
Auto Components
0.04%
New
SBI FUNDS MANAGEMENT LIMITED
Capital Markets
0.04%
0.0%
Haryana State Govt - 2028 - Haryana · State government security
SOV
0.03%
PUNJAB NATIONAL BANK · Bond
CRISIL AAA
0.03%
Varun Beverages Limited
Beverages
0.03%
−26.1%
TATA CAPITAL LTD. · Bond
CRISIL AAA
0.03%
TATA PROJECTS LTD. · Bond
FITCH AA
0.03%
Central Government - 2053 · Government security
SOV
0.02%
JSW Steel Ltd.
Ferrous Metals
0.02%
−41.1%
MANKIND PHARMA LTD
Pharmaceuticals and Biotechnology
0.02%
−17.3%
Power Grid Corporation of India Ltd. · Bond
CRISIL AAA
0.02%
Kotak Mahindra Prime Ltd.
CRISIL AAA
0.02%
Central Government - 2029 · Government security
SOV
0.01%
Central Government - 2074 · Government security
SOV
0.01%
Rajasthan State Govt - 2027 - Rajasthan · State government security
SOV
0.01%
Tata Steel Ltd.
Ferrous Metals
0.01%
+11.4%
Steel Authority of India Ltd.
Ferrous Metals
0.01%
0.0%
LIC HOUSING FINANCE LTD. · Bond
CRISIL AAA
0.01%
SBI Life Insurance Company Ltd
Insurance
0.01%
−5.6%
ORCHID PHARMA LIMITED
Pharmaceuticals and Biotechnology
0.01%
−34.8%
TATA CONSUMER PRODUCTS LTD.
Agricultural Food and other Product
0.01%
−55.0%
Nestle India Ltd.
Food Products
0.01%
New
PNB HOUSING FINANCE LTD.
Finance
0.01%
−28.6%
Bajaj Finserv Ltd.
Finance
0.01%
New
TATA CAPITAL LTD. · Bond
CRISIL AAA
0.01%
Central Government - 2028 · Government security
SOV
0.00%
Central Government - 2033 · Government security
SOV
0.00%
Central Government - 2050 · Government security
SOV
0.00%
Max Healthcare Institute Ltd.
Healthcare Services
0.00%
−94.9%
Fortis Healthcare India Ltd
Healthcare Services
0.00%
−45.0%
GAIL (India) Ltd.
Gas
0.00%
0.0%
Divis Laboratories Ltd.
Pharmaceuticals and Biotechnology
0.00%
0.0%
Aurobindo Pharma Ltd.
Pharmaceuticals and Biotechnology
0.00%
0.0%
NMDC Ltd.
Minerals and Mining
0.00%
0.0%
Prestige Estates Projects Limited
Realty
0.00%
+800.0%
DEVYANI INTERNATIONAL LIMITED
Leisure Services
0.00%
0.0%
Kotak Balanced Advantage Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
ICICI BANK LTD.
↑Added
+0.2%
4.93%
STATE BANK OF INDIA.
↓Reduced
−0.1%
3.64%
RELIANCE INDUSTRIES LTD.
↑Added
+1.0%
3.36%
HDFC BANK LTD.
↑Added
+2.8%
3.16%
BHARTI AIRTEL LTD.
↓Reduced
−1.8%
2.38%
BAJAJ FINANCE LTD.
↓Reduced
−0.6%
1.75%
Infosys Ltd.
↓Reduced
−3.8%
1.48%
Ultratech Cement Ltd.
↓Reduced
−1.8%
1.55%
ETERNAL LIMITED
↓Reduced
−14.7%
1.35%
Adani Ports and Special Economic Zone Limited
↓Reduced
−3.3%
1.40%
Mahindra & Mahindra Ltd.
↑Added
+0.1%
1.29%
AXIS BANK LTD.
↓Reduced
−0.9%
1.30%
Maruti Suzuki India Limited
↑Added
+1.0%
1.23%
Sansera Engineering Ltd
↓Reduced
−2.5%
1.27%
Mphasis Ltd
↓Reduced
−1.1%
0.99%
Adani Enterprises Ltd
↓Reduced
−2.2%
1.02%
ITC Ltd.
↓Reduced
−1.3%
0.86%
Tech Mahindra Ltd.
↑Added
+5.7%
0.81%
SUN PHARMACEUTICAL INDUSTRIES LTD.
↓Reduced
−4.9%
0.64%
TATA CONSULTANCY SERVICES LTD.
↑Added
+1.9%
0.64%
NTPC LTD
↓Reduced
−0.0%
0.70%
Power Grid Corporation of India Ltd.
↓Reduced
−1.6%
0.70%
Hindustan Unilever Ltd.
↓Reduced
−1.8%
0.62%
Hindalco Industries Ltd.
↓Reduced
−3.7%
0.58%
PB Fintech Ltd.
↓Reduced
−52.9%
0.17%
SHRIRAM FINANCE LIMITED
↑Added
+1.4%
0.53%
Oberoi Realty Limited
↓Reduced
−7.3%
0.47%
Bajaj Auto Ltd.
↑Added
+2.5%
0.48%
TITAN COMPANY LTD.
↓Reduced
−2.2%
0.42%
APTUS VALUE HOUSING FINANCE
↓Reduced
−25.5%
0.33%
Bharat Electronics Ltd.
↓Reduced
−2.2%
0.40%
Indus Towers Ltd.
↓Reduced
−3.7%
0.40%
Persistent Systems Limited
↓Reduced
−7.1%
0.37%
Coal India Limited
↑Added
+18.9%
0.38%
Oil And Natural Gas Corporation Ltd.
↓Reduced
−6.8%
0.31%
Apollo Hospitals Enterprise Ltd.
↓Reduced
−7.6%
0.28%
GODREJ PROPERTIES LIMITED
↓Reduced
−5.8%
0.25%
AXISCADES TECHNOLOGIES LTD
↑New
New
0.30%
DR.Lal Pathlabs Ltd
↓Sold out
−100%
was 0.27%
ADANI ENERGY SOLUTIONS LTD.
↑Added
+14.1%
0.26%
Cipla Ltd.
↓Reduced
−12.0%
0.22%
DLF LIMITED
↓Reduced
−33.3%
0.15%
PINE LABS LTD.
↑New
New
0.22%
Glenmark Pharmaceuticals Ltd
↓Reduced
−18.9%
0.10%
Grasim Industries Ltd.
↓Sold out
−100%
was 0.12%
Hindustan Aeronautics Ltd.
↓Reduced
−17.6%
0.09%
Exide Industries Ltd.
↑New
New
0.11%
BANK OF BARODA
↓Reduced
−30.0%
0.07%
JIO FINANCIAL SERVICES LTD
↑Added
+7.8%
0.09%
Eicher Motors Ltd.
↓Reduced
−51.3%
0.04%
PUNJAB NATIONAL BANK
↓Reduced
−2.0%
0.08%
PHOENIX MILLS LTD.
↓Reduced
−13.2%
0.08%
TML COMMERCIAL VEHICLES LIMITED
↑New
New
0.07%
TVS Motor Company Ltd.
↓Reduced
−33.1%
0.05%
SWIGGY LTD
↑New
New
0.05%
Varun Beverages Limited
↓Reduced
−26.1%
0.03%
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD
↑New
New
0.04%
JSW Steel Ltd.
↓Reduced
−41.1%
0.02%
TATA CONSUMER PRODUCTS LTD.
↓Reduced
−55.0%
0.01%
MANKIND PHARMA LTD
↓Reduced
−17.3%
0.02%
PNB HOUSING FINANCE LTD.
↓Reduced
−28.6%
0.01%
Max Healthcare Institute Ltd.
↓Reduced
−94.9%
0.00%
Fortis Healthcare India Ltd
↓Reduced
−45.0%
0.00%
Tata Steel Ltd.
↑Added
+11.4%
0.01%
SBI Life Insurance Company Ltd
↓Reduced
−5.6%
0.01%
ORCHID PHARMA LIMITED
↓Reduced
−34.8%
0.01%
Nestle India Ltd.
↑New
New
0.01%
Bajaj Finserv Ltd.
↑New
New
0.01%
HCL Technologies Ltd.
↓Sold out
−100%
was 0.01%
TATA CAPITAL LTD.
↓Sold out
−100%
was 0.01%
Prestige Estates Projects Limited
↑Added
+800.0%
0.00%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Kotak Balanced Advantage Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.82%
Expense ratio (Regular)
1.88%
Category
Balanced Advantage
Risk
Very High
Launch date
03-08-2018
Minimum investment
₹100
Minimum additional investment
₹100
AUM
₹16,618.36 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
144335
ISIN (Direct)
INF174KA1210
Scheme code (Regular)
144333
ISIN (Regular)
INF174KA1186
NAV history
From 10-08-2018, 8.2 years
Benchmark
NIFTY 50 Hybrid composite debt 50:50 Index (Total Return
Exit load
Exit load for units in excess of 8% of the investment,1% will be charged for redemption within 180 days
Tax on Kotak Balanced Advantage Fund returns
How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Payout Income Distribution Cum Capital Withdrawal
₹22.454
30-10-2026
direct
Growth
₹22.453
30-10-2026
regular
Payout Income Distribution Cum Capital Withdrawal
₹20.41
30-10-2026
regular
Growth
₹20.41
30-10-2026
About Kotak Balanced Advantage Fund
Kotak Balanced Advantage Fund is a mutual fund from Kotak Mahindra Mutual Fund. Its category is Balanced Advantage. It was launched on 03-08-2018. Its benchmark is NIFTY 50 Hybrid composite debt 50:50 Index (Total Return. At the end of September 2026 it held 201 securities.
Fund Manager
Rohit Tandon
Fund manager of Kotak Balanced Advantage Fund, since 22-01-2024
Hiten Shah
Fund manager of Kotak Balanced Advantage Fund, since 03-10-2019
Abhishek Bisen
Fund manager of Kotak Balanced Advantage Fund, since 03-08-2018
Frequently Asked Questions for Kotak Balanced Advantage Fund
What is the current NAV of Kotak Balanced Advantage Fund?
The Direct plan NAV is ₹22.453. The Regular plan NAV is ₹20.41, as on 30-10-2026.
What are the returns of Kotak Balanced Advantage Fund?
The Direct plan returned −1.56% in 1 year, +9.18% a year over 3 years, +8.44% a year over 5 years. The Regular plan returned −2.61% in 1 year, +7.98% a year over 3 years, +7.19% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Kotak Balanced Advantage Fund?
The Direct plan charges 0.82% a year. The Regular plan charges 1.88% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
What is the AUM of Kotak Balanced Advantage Fund?
Kotak Balanced Advantage Fund managed ₹16,618.36 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Kotak Balanced Advantage Fund?
At the end of September 2026 the largest holdings were Central Government - 2064 (5.67%), ICICIBANK (4.93%), SBIN (3.64%), RELIANCE (3.36%), HDFCBANK (3.16%). The fund held 201 securities in all.
What did Kotak Balanced Advantage Fund buy and sell in September 2026?
It bought 8 new stocks: SWIGGY LTD, PINE LABS LTD, TML COMMERCIAL VEHICLES LIMITED, Nestle India Ltd, Exide Industries Ltd. It sold out of 4: Grasim Industries Ltd, DR.Lal Pathlabs Ltd, HCL Technologies Ltd, TATA CAPITAL LTD. It added shares in 14. It reduced 45.
How do I invest in Kotak Balanced Advantage Fund?
Through Kotak Mahindra Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.
Who is the fund manager of Kotak Balanced Advantage Fund?
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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