Kotak Mutual Fund · Direct Growth · SEBI Category: Balanced Advantage
Kotak Balanced Advantage Fund was launched in August 2018 and has built a solid track record in a relatively short time. Managed by Kotak Mahindra AMC — one of India's most respected fund houses — the fund uses a flexible allocation model that adjusts equity exposure based on market valuations. The fund can hold equity ranging from 30% to 80%, with the balance in debt and arbitrage positions.
Kotak BAF has maintained a well-diversified debt portfolio — often with quality AAA and government securities — providing stability during market corrections. Its equity allocation is typically lower than some peers (around 55 to 65%), reflecting a more conservative bias within the BAF category. This makes it suitable for investors who want genuine capital preservation alongside moderate growth.
Kotak BAF is co-managed by three specialists — Hiten Shah manages the equity sleeve with a growth-at-reasonable-price philosophy, Abhishek Bisen heads fixed income as Head of Fixed Income at Kotak MF, and Arjun Khanna manages the arbitrage component. This three-manager structure ensures dedicated expert attention to each sleeve of the portfolio.
For current co-manager details and full biography, refer to the latest Kotak Mutual Fund factsheet on AMFI or the AMC website.
Informational points to help you form your own view — not judgements or recommendations.
Live data. Current fund highlighted. Click any fund name for full analysis.
| Fund | NAV | AAUM | 1Y Return | 3Y CAGR | 5Y CAGR | Sharpe (3Y) |
|---|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund | ₹550.20 | ₹74.0K Cr Jan–Mar 2026 | -1.2% | +14.8% p.a. | +15.4% p.a. | 0.93 |
| ICICI Prudential Balanced Advantage Fund | ₹84.33 | ₹68.5K Cr Jan–Mar 2026 | +4.1% | +12.0% p.a. | +11.1% p.a. | 0.93 |
| Edelweiss Balanced Advantage Fund | ₹58.81 | ₹12.5K Cr Jan–Mar 2026 | +3.5% | +11.7% p.a. | +10.6% p.a. | 0.67 |
| Nippon India Balanced Advantage Fund | ₹202.08 | ₹9.3K Cr Jan–Mar 2026 | +2.6% | +11.8% p.a. | +10.6% p.a. | 0.81 |
| Kotak Balanced Advantage Fund ▲ | ₹22.33 | ₹17.2K Cr Jan–Mar 2026 | +1.2% | +10.4% p.a. | +9.8% p.a. | 0.62 |
Calculated from 1,919 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.
1M / 3M / 6M / 1Y — simple point-to-point return · 3Y / 5Y / 10Y — CAGR (compounded annual growth rate)
Based on all rolling windows in full NAV history. Dates show the start and end of each period.
Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.
Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →
How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.
Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.
Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →
Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.
See how Kotak Balanced Advantage FundOption ranks against other Balanced Advantage funds on returns, drawdown, Sharpe ratio and AAUM — side by side.
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