Fundalysisby DARKHORSESTOCKS

Scheme

Kotak Balanced Advantage Fund

Holds 149 companies worth ₹12,084 Cr in Sept 2026.

  • Fund house

    KotakThe fund house that runs this scheme.

  • AUM

    ₹17,061 CrKotak Balanced Advantage Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 1.8% on Aug 2026, ₹17,373 Cr.

  • Largest holding

    ICICI BankICICI Bank is 4.9% of this scheme's NAV.

  • Fund manager

    Abhishek BisenRuns it since 3 Aug 2018, as the fund house dates it. With Hiten Shah (fund manager), Rohit Tandon (fund manager).

Overview(9 Oct 2026)

Fund managers3

  1. Abhishek BisenFund manager · Aug 2018 · 23y · MBA
  2. Hiten ShahFund manager · Oct 2019 · 18y · MMS B.Com
  3. Rohit TandonFund manager · Jan 2024 · 20y · PGDM B.E.
  1. Arjun KhannaAug 2018 – Sept 2024

Key facts

Benchmark
NIFTY 50 Hybrid composite debt 50:50 Index (Total Return
Risk
Very High
Expense
Regular 1.88% · Direct 0.82%
Exit load
8% within 180 days
Started
3 Aug 2018
Minimum
₹100

Source.Its Scheme Summary Document as of 9 Oct 2026 at AMFI.

What changed(15 changes)

Jul 2026

1 change
  1. Expense ratio
    30 JulRegular 1.88% → 1.89%Direct 0.81% → 0.83%

Jun 2026

1 change
  1. Expense ratio
    29 JunRegular 1.69% → 1.88%Direct 0.6% → 0.81%

May 2026

1 change
  1. Expense ratio
    30 MayRegular 1.73% → 1.69%Direct 0.65% → 0.6%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Aug 2018 – now)

  1. Abhishek Bisen
  2. Hiten Shah
  3. Rohit Tandon
  4. Arjun Khanna
MainCoSlice20192020202120222023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Oct 2026)

Every change to the expense ratio, newest first.
13 changesRegularDirectΔ pt
30 Jul 20261.89%0.83%0.02
29 Jun 20261.88%0.81%0.21
30 May 20261.69%0.60%0.05
29 Apr 20261.73%0.65%0.07
30 Mar 20261.67%0.58%0.01
27 Feb 20261.66%0.57%0
29 Nov 20251.65%0.57%0.01
31 Aug 20251.65%0.56%0
31 Jul 20251.66%0.56%0
30 Jun 20251.65%0.56%0
31 May 20251.66%0.56%0.05
30 Sept 20241.65%0.51%0
31 Aug 20241.66%0.51%–
Direct plan, 30 Jul 2026
0.83%
Regular plan 1.89% · Exit load 8% within 180 days
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(9 Oct 2026)

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 securities. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
High
Type
An open ended dynamic asset allocation fund investing in debt and equity instruments only
Benchmark
NIFTY 50 Hybrid composite debt 50:50 Index (Total Return

Asset allocation it may hold% of NAV

  1. Equity & Equity related securities
    Allowed65–100%
  2. Equity Derivatives
    Allowed0–45%
  3. Debt Securities & Money Market instruments
    Allowed0–35%Holds27.3%

Holds in Sept 2026.72.1% equity · 27.3% debt and cash · 0.5% REITs and InvITs

How to invest(9 Oct 2026)

Buying

To start
₹100, then any amount thereafter Rs. 100
To add
₹100, then any amount thereafter Rs. 100
Systematic
SIP - Daily, Weekly, Monthly, Quarterly, Half – Yearly and Annually SWP - Daily, Weekly, Monthly, Quarterly, Half – Yearly and Annually STP - Daily, Weekly, Monthly & Quarterly
Dates
SIP - Any date from 1st to 31st SWP - Any Date of Every Month STP - Any Business Day
Minimum
SIP - Rs. 100 and any amount thereafter; SWP - Rs. 1000 STP - Rs. 1000, then sIP - Rs. 100/- and any amount thereafter,SWP - Rs. 1STP - Rs. 1
Instalments
SIP - N.A. SWP - 6 installmentsSTP - 6 installments

Selling and switching

To redeem
₹1,000 or 100 unit units
Minimum balance
₹1,000 or 100 units units
Switch minimum
₹1,000 or Re. 0.01 units

Scheme details(9 Oct 2026)

What it is

Category
Balanced Advantage Fund
Offer
13 Jul 2018 to 27 Jul 2018
Started
3 Aug 2018
Reopened
10 Aug 2018
Plans
Growth · Payout of Income Distribution cum capital withdrawal (IDCW) · Reinvestment of Income Distribution cum capital withdrawal (IDCW)
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
Enabled, No segregated portfolio created
Custodian
Deutsche Bank A G, Mumbai and Standard Chartered Bank, Mumbai
Auditor
S. R. Batliboi & Co. LLP
Registrar
Computer Age Management Services (‘CAMS’)
SEBI code
KOTM/O/H/BAF/18/05/0036