Kotak Balanced Advantage Fund Direct-Growth
Hybrid: Dynamic Asset Allocation - Growth (Open ended)
SEBI Riskometer: Very HighCategory: Hybrid: Dynamic Asset AllocationBenchmark: NIFTY 50 Hybrid Composite Debt 50:50 IndexCheck Portfolio Overlap →
NAV: ₹22.25-0.41%
22 Oct 2026
Similar Funds
Side-by-side comparison of Kotak Balanced Advantage Fund Direct-Growth with similar funds — trailing returns, risk metrics, AUM and expense ratio.
| Period | This Fund | Category Avg | Category Rank |
|---|---|---|---|
| 1Y Return | -2.36% | -3.00% | 19 / 37 |
| 3Y Return | +8.53% | 8.34% | 16 / 31 |
| 5Y Return | +8.16% | 8.18% | 10 / 23 |
| 10Y Return | — | 9.81% | — |
Trailing annualised returns (%). Category rank: lower is better. Green = top third of category.
Funds in Hybrid: Dynamic Asset Allocation
Top funds by AUM in the Hybrid: Dynamic Asset Allocation category — see how Kotak Balanced Advantage Fund Direct-Growth compares on size and returns.
Funds Tracking NIFTY 50 Hybrid Composite Debt 50:50 Index
Top funds tracking the NIFTY 50 Hybrid Composite Debt 50:50 Index — sorted by AUM to show the largest options available.
Frequently Asked Questions
Which funds are similar to Kotak Balanced Advantage Fund Direct-Growth?
Funds similar to Kotak Balanced Advantage Fund Direct-Growth in the Hybrid: Dynamic Asset Allocation category include HDFC Balanced Advantage Fund Direct-Growth, ICICI Prudential Balanced Advantage Direct-Growth, and SBI Balanced Advantage Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of Kotak Balanced Advantage Fund Direct-Growth in its category?
On a 3-year return basis Kotak Balanced Advantage Fund Direct-Growth is ranked 16 out of 31 funds in the Hybrid: Dynamic Asset Allocation category as of 21 Oct 2026. On a 5-year return basis it ranks 10 out of 23. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does Kotak Balanced Advantage Fund Direct-Growth's expense ratio compare to similar funds?
Kotak Balanced Advantage Fund Direct-Growth has an expense ratio of 0.82%. The peers HDFC Balanced Advantage Fund Direct-Growth has an expense ratio of 0.77% and ICICI Prudential Balanced Advantage Direct-Growth has 1.03%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does Kotak Balanced Advantage Fund Direct-Growth's AUM compare to similar funds?
Kotak Balanced Advantage Fund Direct-Growth has an AUM of ₹16,618.4 crore. The peers HDFC Balanced Advantage Fund Direct-Growth has an AUM of ₹1,02,534 crore and ICICI Prudential Balanced Advantage Direct-Growth has ₹71,913.5 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Hybrid: Dynamic Asset Allocation?
The top performing fund in the Hybrid: Dynamic Asset Allocation category on a 3-year basis is Quant Dynamic Asset Allocation Fund Direct-Growth with a CAGR of 11.79% as of 21 Oct 2026. Kotak Balanced Advantage Fund Direct-Growth has delivered 8.53% CAGR over the same period, ranking 16 out of 31 funds. You can view and compare the full category ranking on sharpely.
How does Kotak Balanced Advantage Fund Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, Kotak Balanced Advantage Fund Direct-Growth has a Sharpe ratio of 0.37 compared to the Hybrid: Dynamic Asset Allocation average of 0.37 as of 21 Oct 2026. It ranks 21 out of 34 funds in its category on Sharpe ratio.