Direct Growth · SEBI Category: Dynamic Asset Allocation / BAF · AMC: Kotak Mahindra Mutual Fund
Kotak Balanced Advantage Fund is the newest among our top 5 BAFs, launched in August 2018. Despite its shorter history, it has built a strong 6-year track record delivering competitive returns with lower volatility. At 0.56%, it is one of the lowest-cost BAFs. The fund uses Kotak's composite valuation model — combining PE, PB and dividend yield — to shift between equity (40-80%), arbitrage and debt dynamically. AUM of ₹17,475 Cr is large enough for credibility, small enough for nimble execution.
Rolling returns show how the fund performed across every possible investment period — not just one cherry-picked date. This reveals true consistency. Learn more →
Drawdown shows the biggest fall from peak NAV. This is what investors actually experience during market crashes. Learn more →
When NAV is above 200 DMA, the fund is in an uptrend. When below, it signals caution. Many investors use this as a simple entry/exit signal.
Unlike equity funds with fixed portfolios, BAFs dynamically change their equity-debt mix. The equity allocation shifts based on market valuation signals — automatically doing what most investors struggle to do manually.
Abhishek Bisen is Head of Fixed Income at Kotak Mahindra AMC with 18+ years of experience managing the debt allocation. Hiten Shah manages the equity and derivative strategies. Both have been with the fund since its 2018 launch — giving the fund remarkable consistency since inception.
Every fund has painful periods. Here's an honest look at difficult periods for this fund — because understanding this is crucial before investing.
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