Kotak Balanced Advantage Fund

Q: What are the returns of this mutual fund scheme?

The Kotak Balanced Advantage Fund is a 7 yrs 6 m old fund and has delivered average annual returns of 10.11% since inception. Kotak Balanced Advantage Fund Returns 1-Year 3-Year 5-Year Since Inception 6.15% 10.92% 9.67% 10.11%

Q: How much does this mutual fund charge as expense ratio?

The Kotak Balanced Advantage Fund has an expense ratio of 1.66% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹20.619-0.47% 1 day change	10.11% p.a.	App exclusive #NA View Ranked Funds	₹17,852 Cr

Historical NAV & returns

NAV: ₹20.619 as on Feb 02, 2026

This fund Category average

Kotak Balanced Advantage Fund overview

AUM (Fund size)	₹17,852 Cr
Exit load	1.0% Exit load for units in excess of 8% of the investment,1% will be charged for redemption within 180 days!
Lock-in Period	Nil
Age	7 yrs 6 m since Jul 13, 2018
Benchmark	NIFTY 50 Hybrid Composite Debt 50:50 Index
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.66% as on Feb 01, 2026
Plan type	Regular
Risk	Very High

Kotak Balanced Advantage Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

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. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-2.55%	-2.78%
3 Months	-1.67%	-2.21%
6 Months	0.76%	0.4%
1 Year	6.15%	5.64%
2 Years	8.51%	6.8%
3 Years	10.92%	11.19%
4 Years	9.32%	9.03%
5 Years	9.67%	9.51%
7 Years	10.86%	10.25%

Asset allocationas on Dec 31, 2025

Large Cap 42.6%

Mid Cap 9.47%

Small Cap 5.71%

Other Cap 0%

Top holdings

Reliance Industries Ltd.3.99%

ICICI Bank Ltd.3.88%

HDFC Bank Ltd.3.53%

State Bank of India2.56%

Top sectors

Financial 16.459999999999994%

Energy 7.7%

Technology 7.469999999999999%

Services 6.470000000000001%

SOV 13.84750521%

Cash & Call Money 11.12701178%

Cash 7.83122369%

AA 3.81017755%

Top Debt Holdings

Andhra Pradesh State Beverages Corporation Ltd. 1.55%

GOI 1.32%

JTPM Metal Traders Ltd. 1.16%

National Housing Bank 1.1%

Allocation by Instruments

GOI Securities 13.4988629%

Cash Margin 7.83122369%

Repo 5.08922692%

Net Current Assets 4.73635629%

Other Holdings

Others 4.74%

Brookfield India Real Estate Trust REIT 1.07%

Kotak Liquid - Plan A - Direct Plan-Growth 0.7%

Mindspace Business Parks REIT 0.19%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Balanced Advantage Fund	-2.55%	0.76%	6.15%	10.92%	9.67%	N.A.
ICICI Prudential Balanced Advantage Fund	-2.3%	3.64%	10.16%	13.1%	11.69%	11.91%
Franklin India Dynamic Asset Allocation Active FoF	-2.57%	-0.02%	5.51%	12.65%	14.0%	10.49%
Axis Balanced Advantage Fund	-2.62%	1.83%	5.74%	13.92%	10.53%	7.71%
Tata Balanced Advantage Fund	-2.85%	1.02%	5.5%	10.42%	9.73%	7.47%
DSP Dynamic Asset Allocation Fund	-1.4%	2.34%	8.1%	12.24%	8.8%	9.47%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Balanced Advantage Fund	7.1	0.73	0.7	0.89
ICICI Prudential Balanced Advantage Fund	5.47	0.56	1.22	1.74
Franklin India Dynamic Asset Allocation Active FoF	6.27	0.63	1.01	1.53
Axis Balanced Advantage Fund	7.26	0.73	1.06	1.73
Tata Balanced Advantage Fund	6.51	0.68	0.67	0.99
DSP Dynamic Asset Allocation Fund	5.63	0.55	1.04	2.05

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Balanced Advantage Fund	N.A.	17,852 Cr	7 yrs 6 m	1.66%
ICICI Prudential Balanced Advantage Fund	N.A.	70,535 Cr	19 yrs 2 m	1.43%
Franklin India Dynamic Asset Allocation Active FoF	N.A.	1,301 Cr	22 yrs 3 m	2.14%
Axis Balanced Advantage Fund	N.A.	3,816 Cr	8 yrs 6 m	1.91%
Tata Balanced Advantage Fund	N.A.	9,691 Cr	7 yrs	1.73%
DSP Dynamic Asset Allocation Fund	N.A.	3,709 Cr	12 yrs	1.88%

View all Dynamic Asset Allocation funds

Key risk & return ratios Compared to other funds in the category

Alpha	-0.03 vs. 3.26 Underperformed at beating benchmark
Sharpe	0.7 vs. 3.04 Poor risk-adjusted returns
Beta	0.73 vs. 0.68 More sensitive to market's ups & downs
Standard deviation	7.1 vs. 5.55 More volatile performance

Compare Kotak Balanced Advantage Fund in detail with

About this fund

About Kotak Balanced Advantage Fund

Kotak Balanced Advantage Fund is a Dynamic Asset Allocation mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 7 yrs 6 m, having been launched on 13/07/2018. Kotak Balanced Advantage Fund has ₹17,852 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak Balanced Advantage Fund as of 02/02/2026 is ₹20.62. The fund has an expense ratio of 1.66%, which is higher than what most other Dynamic Asset Allocation funds charge. Currently, the fund has a 57.78% allocation to equity and 22.00% to Debt.

Kotak Balanced Advantage Fund returns of last 1-year are 5.73%. Since launch, it has delivered 10.12% average annual returns. The fund has doubled the money invested in it every 6 yrs.
Kotak Balanced Advantage Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's equity portion is primarily invested in Financial, Energy, Technology, Services, Automobile sectors. It has taken less exposure in Financial, Energy sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in Reliance Industries Ltd., ICICI Bank Ltd., State Bank of India, Infosys Ltd., Bharti Airtel Ltd..

...

Fund AUM	17,852 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Arjun Khanna

Mr. Khanna has done CFA, FRM, MMS(Finance) & B.E (Electronics) Prior to joining Kotak Mahindra Mutual Fund, he was with Principal Mutual Fund and has also worked with Citibank.

Abhishek Bisen

Mr. Bisen is a BA and MBA in Finance. Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.

Hiten Shah

Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University. Prior to joining Kotak Mahindra Mutual fund, he was associated with Edelweiss Asset Management for more than 8 years as a CoFund manager and Chief dealer in equities segment. He was also associated with Edelweiss securities Ltd. as low risk arbitrage trader for more than 3 years.

Rohit Tandon

Mr. Tandon has done B.E.(Mechanical) and PGDM from IIM-B Prior to joining Kotak Mahindra Mutual Fund, he has worked with Reliance Nippon Life Insurance, Max Life Insurance and JP Morgan India

Investment objective

The scheme seeks to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.

Kotak Mahindra Mutual Fund details

No. of schemes	84 view all schemes
Total AUM	5,88,199 Cr as on Dec 31, 2025
Address	The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai, 400051
Phone	022-61152100 / 1800-22-2626

More funds from Kotak Mahindra Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Kotak Multi Asset Omni FoF	N.A.	2,255 Cr	15.67%	17.86%
Kotak Equity Savings Fund	N.A.	9,651 Cr	6.3%	9.78%
Kotak Debt Hybrid Fund	N.A.	3,108 Cr	4.32%	8.91%
Kotak Multi Asset Allocation Fund	N.A.	10,836 Cr	22.38%	N.A.
Kotak Arbitrage Fund	N.A.	72,153 Cr	6.29%	6.08%

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of Kotak Balanced Advantage Fund?

The current Net Asset Value (NAV) of the Kotak Balanced Advantage Fund plan is approximately ₹20.619 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Kotak Balanced Advantage Fund is a 7 yrs 6 m old fund and has delivered average annual returns of 10.11% since inception.

Kotak Balanced Advantage Fund Returns

1-Year	3-Year	5-Year	Since Inception
6.15%	10.92%	9.67%	10.11%

How much does this mutual fund charge as expense ratio?

The Kotak Balanced Advantage Fund has an expense ratio of 1.66%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Kotak Balanced Advantage Fund currently has assets under management (AUM) or fund size valued at approximately 17,852 Cr as on Dec 31, 2025.

What are the top stock holdings of Kotak Balanced Advantage Fund?

The Kotak Balanced Advantage Fund's equity portion has been invested in the stocks of the following companies

Company	Percentage of Portfolio
Reliance Industries Ltd.	3.99%
ICICI Bank Ltd.	3.88%
HDFC Bank Ltd.	3.53%
State Bank of India	2.56%
Infosys Ltd.	2.44%
Bharti Airtel Ltd.	2.21%
Larsen & Toubro Ltd.	2.02%
Mphasis Ltd.	1.81%
Mahindra & Mahindra Ltd.	1.69%
ITC Ltd.	1.68%

What are the top sectors Kotak Balanced Advantage Fund has invested in?

The Kotak Balanced Advantage Fund's equity portion is primarily invested in the following sectors -

Sector	Percentage of Portfolio
Financial	16.459999999999994%
Energy	7.7%
Technology	7.469999999999999%
Services	6.470000000000001%
Automobile	6.300000000000001%
Construction	3.7000000000000006%
Healthcare	3.66%
Consumer Staples	3.3699999999999997%
Communication	3.12%
Metals & Mining	2.75%

To whom does Kotak Balanced Advantage Fund lend to?

The top 3 debt holdings of Kotak Balanced Advantage Fund are as follows

Holding Name	Percentage of Portfolio
Andhra Pradesh State Beverages Corporation Ltd.	1.55%
GOI	1.32%
JTPM Metal Traders Ltd.	1.16%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Kotak Balanced Advantage Fund's debt portion's allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	13.84750521%
Cash & Call Money	11.12701178%
Cash	7.83122369%

What is risk level of Kotak Balanced Advantage Fund?

This is a Dynamic Asset Allocation fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Kotak Balanced Advantage Fund?

Redeeming your investments in the Kotak Balanced Advantage Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Dynamic Asset Allocation

#NA

Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load for units in excess of 8% of the investment,1% will be charged for redemption within 180 days