Kotak Balanced Advantage Fund Direct-Growth
Hybrid: Dynamic Asset Allocation - Growth (Open ended) Factsheet
SEBI Riskometer: Very HighCategory: Hybrid: Dynamic Asset AllocationBenchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index
NAV: ₹23.16-0.13%
07 Jul 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for Kotak Balanced Advantage Fund Direct-Growth.
Market Cap Distribution
Large Cap (71.8%)
Mid Cap (16.0%)
Small Cap (12.3%)
Historical Asset Allocation
| Asset | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Equity | 61.56% | 61.35% | 57.86% | 57.44% | 56.59% | 57.78% |
| Debt | 26.18% | 26.44% | 26.40% | 22.18% | 22.32% | 22.00% |
| Others (incl. cash) | 10.51% | 10.44% | 13.88% | 18.60% | 19.32% | 18.96% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 1.76% | 1.78% | 1.86% | 1.79% | 1.77% | 1.26% |
Portfolio Snapshot
No. of Securities
217
P/E Ratio
23.31
P/B Ratio
3.64
Top Holding %
10.44%
Top 5 Holdings %
27.08%
Top 10 Holdings %
37.80%
Modified Duration
4.33 yrs
Avg. Maturity
10.89 yrs
Yield to Maturity
7.50%
AUM
₹17,112 Cr
Expense Ratio
0.81%
Since Inception
11.17%
Max Drawdown
-0.26%
Sharpe Ratio
0.53
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 51,55,841 | 647.78 | 3.79% | -0.01%↓ |
| Reliance Industries Ltd. | Energy | 46,11,505 | 609.27 | 3.56% | -0.28%↓ |
| State Bank of India | Financial | 60,90,215 | 587.34 | 3.43% | 0.23%↑ |
| HDFC Bank Ltd. | Financial | 68,19,581 | 507.75 | 2.97% | 0.04%↑ |
| Bharti Airtel Ltd. | Communication | 21,28,815 | 389.36 | 2.28% | -0.06%↓ |
| Larsen & Toubro Ltd. | Construction | 9,00,962 | 367.28 | 2.15% | 0.04%↑ |
| Bajaj Finance Ltd. | Financial | 30,47,941 | 276.83 | 1.62% | 0.07%↑ |
| Solar Industries India Ltd. | Chemicals | 1,45,582 | 265.64 | 1.55% | 0.18%↑ |
| GE Vernova T&D India Ltd | Capital Goods | 4,90,272 | 252.42 | 1.48% | 0.20%↑ |
| Mahindra & Mahindra Ltd. | Automobile | 8,21,535 | 250.21 | 1.46% | -0.00%↓ |
| Eternal Ltd. | Services | 95,10,683 | 238.32 | 1.39% | -0.04%↓ |
| Adani Ports and Special Economic Zone Ltd. | Services | 13,07,200 | 235.9 | 1.38% | 0.12%↑ |
| Axis Bank Ltd. | Financial | 18,18,469 | 233.96 | 1.37% | -0.02%↓ |
| Maruti Suzuki India Ltd. | Automobile | 1,69,720 | 222.79 | 1.30% | -0.01%↓ |
| Interglobe Aviation Ltd. | Services | 4,50,205 | 198.32 | 1.16% | 0.03%↑ |
| Kotak Mahindra Bank Ltd. | Financial | 49,68,205 | 190.88 | 1.12% | 0.01%↑ |
| Mphasis Ltd. | Technology | 8,14,071 | 184.91 | 1.08% | -0.28%↓ |
| Adani Enterprises Ltd. | Services | 5,97,297 | 175.45 | 1.03% | 0.19%↑ |
| Ultratech Cement Ltd. | Materials | 1,36,082 | 156.25 | 0.91% | -0.00%↓ |
| ITC Ltd. | Consumer Staples | 53,68,914 | 154.03 | 0.90% | -0.38%↓ |
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Sector-wise Portfolio Allocation
Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.
| Sector | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Financial | 15.74% | 16.03% | 14.65% | 14.83% | 14.25% | 13.93% |
| Energy | 7.13% | 7.56% | 7.38% | 6.92% | 6.73% | 7.09% |
| Automobile | 5.52% | 5.42% | 5.17% | 5.41% | 5.14% | 5.42% |
| Technology | 4.92% | 4.96% | 4.77% | 4.73% | 6.12% | 6.15% |
| Services | 4.32% | 4.52% | 3.98% | 4.21% | 4.35% | 4.35% |
| Capital Goods | 4.10% | 3.54% | 3.02% | 3.19% | 2.51% | 2.60% |
| Healthcare | 3.23% | 2.96% | 3.63% | 3.25% | 2.76% | 2.85% |
| Construction | 3.19% | 3.19% | 2.91% | 3.06% | 2.90% | 3.36% |
| Communication | 2.89% | 2.88% | 2.89% | 2.68% | 2.68% | 2.85% |
| Chemicals | 2.75% | 2.56% | 2.26% | 2.34% | 2.40% | 2.27% |
| Consumer Staples | 2.67% | 3.10% | 2.90% | 2.81% | 2.78% | 3.11% |
| Materials | 1.72% | 1.40% | 1.26% | 1.25% | 1.19% | 1.08% |
| Metals & Mining | 1.51% | 1.44% | 1.30% | 1.17% | 1.10% | 1.10% |
| Insurance | 0.97% | 0.95% | 0.98% | 0.99% | 0.96% | 1.00% |
| Consumer Discretionary | 0.83% | 0.78% | 0.69% | 0.53% | 0.67% | 0.58% |
Debt Holdings — Credit Quality Profile
Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.
| Rating | Fund | Category |
|---|---|---|
| SOV | 11.44% | 8.68% |
| Cash | 8.65% | 7.42% |
| A1+ | 7.62% | 2.77% |
| AAA | 3.95% | 9.01% |
| AA | 2.81% | 1.27% |
| Cash & Call Money | 1.86% | 5.12% |
| AA+ | 0.35% | 1.58% |
| Others | 0.00% | 0.14% |
| A | - | 0.03% |
| A+ | - | 0.19% |
| A- | - | 0.26% |
| AA- | - | 0.18% |
| BBB+ | - | 0.22% |
| Term Deposits | - | 0.36% |
| Unrated | - | 0.01% |
Equity Insights
A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.
Style Analysis
Value score
50.1 / 100
Weighted average Value score is 50.1. This indicates that portfolio is relatively reasonably valued using composite of value measures.
Price Momentum score
60.7 / 100
Weighted average Price Momentum score is 60.7. This indicates that portfolio has average momentum using composite of momentum measures.
Quality score
73.2 / 100
Weighted average Quality score is 73.2. This indicates that portfolio has average quality using composite of quality measures.
QVM score
70.5 / 100
Weighted average QVM score is 70.5. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.
Red Flags
Debt Insights
A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.
SEBI PRC matrix
Credit risk
| Interest risk | |||
|---|---|---|---|
| Low | Moderate | High | |
| Low | |||
| Moderate | |||
| High | |||
Instruments
| Full name | Description | Coupon rate | Maturity | Rating raw | Weight |
|---|---|---|---|---|---|
| GOI | GOI Securities | 7.34% | 22/04/2064 | SOV | 5.86% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 11/03/2027 | FITCH A1+ | 1.38% |
| JTPM Metal Traders Ltd. | Debenture | 0.00% | 30/04/2030 | CRISIL AA | 1.23% |
| National Housing Bank | Bonds | 6.80% | 02/04/2032 | CARE AAA | 1.12% |
| Karnataka State | State Development Loan | 7.19% | 11/08/2032 | SOV | 1.08% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 12/03/2027 | CRISIL A1+ | 0.83% |
| GOI | GOI Securities | 7.25% | 12/06/2063 | SOV | 0.83% |
| Tamilnadu State | State Development Loan | 7.31% | 11/02/2033 | SOV | 0.77% |
| GOI | GOI Securities | 7.09% | 05/08/2054 | SOV | 0.75% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 28/01/2027 | CRISIL A1+ | 0.61% |
| Union Bank of India | Certificate of Deposit | 0.00% | 28/07/2026 | ICRA A1+ | 0.58% |
| Hero FinCorp Ltd. | Commercial Paper | 0.00% | 91-D 11/08/2026 | CRISIL A1+ | 0.57% |
| Bahadur Chand Investments Pvt. Ltd. | Commercial Paper | 0.00% | 220-D 04/12/2026 | ICRA A1+ | 0.56% |
| DSP Finance Pvt Ltd. | Commercial Paper | 0.00% | 320-D 08/03/2027 | ICRA A1+ | 0.55% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 12/02/2027 | CARE A1+ | 0.55% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 05/02/2027 | CRISIL A1+ | 0.55% |
| REC Ltd. | Bonds | 0.00% | 03/11/2034 | CRISIL AAA | 0.47% |
| Mindspace Business Parks REIT | Debenture | 7.96% | 11/05/2029 | CRISIL AAA | 0.44% |
| Brookfield India Real Estate Trust REIT | Debenture | 0.00% | 20/12/2030 | CRISIL AAA | 0.43% |
| Bharti Telecom Ltd. | Debenture | 7.75% | 29/02/2028 | CRISIL AAA | 0.43% |
| Tamilnadu State | State Development Loan | 7.39% | 28/01/2034 | SOV | 0.40% |
| GOI | GOI Securities | 6.90% | 15/04/2065 | SOV | 0.35% |
| Telangana State Industrial Infrastructure Corporation Ltd. | Debenture | 9.35% | 31/12/2027 | FITCH AA(CE) | 0.31% |
| Muthoot Finance Ltd. | Debenture | 9.09% | 01/06/2029 | CRISIL AA+ | 0.30% |
| Andhra Pradesh State Beverages Corporation Ltd. | Bonds | 9.15% | 30/11/2028 | FITCH AA(CE) | 0.30% |
| 360 ONE Wealth Ltd. | Debenture | 0.00% | 25/07/2028 | ICRA AA | 0.29% |
| Andhra Pradesh State Beverages Corporation Ltd. | Bonds | 9.15% | 30/11/2029 | FITCH AA(CE) | 0.29% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 13/11/2026 | CARE A1+ | 0.28% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 15/02/2027 | CARE A1+ | 0.28% |
| Karnataka State | State Development Loan | 7.58% | 11/03/2040 | SOV | 0.26% |
| Andhra Pradesh State Beverages Corporation Ltd. | Bonds | 9.15% | 30/11/2027 | FITCH AA(CE) | 0.24% |
| Bihar State | State Development Loan | 7.59% | 15/02/2027 | SOV | 0.18% |
| Bajaj Housing Finance Ltd. | Debenture | 7.98% | 09/09/2026 | CRISIL AAA | 0.15% |
| PNB Housing Finance Ltd. | Non Convertible Debenture | 8.28% | 30/12/2026 | CARE AAA | 0.15% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 21/09/2026 | CARE A1+ | 0.14% |
| Power Finance Corporation Ltd. | Bonds | 6.27% | 15/07/2027 | CRISIL AAA | 0.14% |
| HDFC Bank Ltd. | Bonds | 7.71% | 20/12/2033 | CARE AAA | 0.14% |
| Bihar State | State Development Loan | 6.88% | 09/07/2035 | SOV | 0.14% |
| Andhra Pradesh State Beverages Corporation Ltd. | Bonds | 9.15% | 18/12/2026 | FITCH AA(CE) | 0.12% |
| Power Finance Corporation Ltd. | Non Convertible Debenture | 6.35% | 30/06/2026 | CRISIL AAA | 0.12% |
| Uttar Pradesh State | State Development Loan | 7.62% | 04/03/2041 | SOV | 0.11% |
| Aditya Birla Finance Ltd. | Debenture | 0.00% | 09/10/2026 | ICRA AAA | 0.10% |
| GOI | GOI Securities | 0.00% | 25/05/2036 | SOV | 0.09% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 05/06/2026 | FITCH A1+ | 0.09% |
| Power Finance Corporation Ltd. | Debenture | 7.64% | 22/02/2033 | ICRA AAA | 0.09% |
| GOI | GOI Securities | 0.00% | 15/10/2037 | SOV | 0.08% |
| GOI | GOI Securities | 0.00% | 15/10/2039 | SOV | 0.07% |
| Godrej Industries Ltd. | Debenture | 8.42% | 27/12/2027 | ICRA AA+ | 0.06% |
| GOI | GOI Securities | 0.00% | 15/04/2040 | SOV | 0.06% |
| GOI | GOI Securities | 0.00% | 15/10/2041 | SOV | 0.06% |
| GOI | GOI Securities | 0.00% | 15/10/2040 | SOV | 0.06% |
| Power Finance Corporation Ltd. | Debenture | 7.59% | 17/01/2028 | CRISIL AAA | 0.06% |
| GOI | GOI Securities | 0.00% | 15/10/2045 | SOV | 0.04% |
| GOI | GOI Securities | 0.00% | 15/10/2044 | SOV | 0.04% |
| GOI | GOI Securities | 7.30% | 19/06/2053 | SOV | 0.04% |
| Tata Projects Ltd. | Debenture | 8.47% | 20/11/2026 | FITCH AA | 0.03% |
| Tata Capital Financial Services Ltd. | Debenture | 7.68% | 07/09/2027 | CRISIL AAA | 0.03% |
| Export-Import Bank Of India | Commercial Paper | 0.00% | 109-D 01/06/2026 | CRISIL A1+ | 0.03% |
| Haryana State | State Development Loan | 8.14% | 27/03/2028 | SOV | 0.03% |
| Indian Bank | Certificate of Deposit | 0.00% | 05/06/2026 | CRISIL A1+ | 0.03% |
| Punjab National Bank | Bonds | 7.43% | 23/12/2039 | CRISIL AAA | 0.03% |
| GOI | GOI Securities | 0.00% | 25/11/2042 | SOV | 0.03% |
| Power Grid Corporation Of India Ltd. | Debenture | 8.13% | 25/04/2028 | CRISIL AAA | 0.02% |
| LIC Housing Finance Ltd. | Debenture | 6.40% | 30/11/2026 | CRISIL AAA | 0.01% |
| Tata Capital Ltd. | Debenture | 8.28% | 10/05/2027 | CRISIL AAA | 0.01% |
| Rajasthan State | State Development Loan | 7.86% | 27/12/2027 | SOV | 0.01% |
| GOI | GOI Securities | 7.09% | 25/11/2074 | SOV | 0.01% |
| GOI | GOI Securities | 6.79% | 26/12/2029 | SOV | 0.01% |
| Kotak Mahindra Prime Ltd. | Debenture | 8.12% | 21/06/2027 | CRISIL AAA | 0.01% |
| GOI | GOI Securities Floating Rate Bond | 0.00% | 22/09/2033 | SOV | 0.00% |
| GOI | GOI Securities | 8.60% | 02/06/2028 | SOV | 0.00% |
| GOI | GOI Securities | 6.67% | 17/12/2050 | SOV | 0.00% |
| GOI | GOI Securities | 6.48% | 06/10/2035 | SOV | 0.00% |
Frequently Asked Questions
What are the top holdings of Kotak Balanced Advantage Fund Direct-Growth?
The top holdings of Kotak Balanced Advantage Fund Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.
How many stocks does Kotak Balanced Advantage Fund Direct-Growth hold in its portfolio?
Kotak Balanced Advantage Fund Direct-Growth holds 217 securities in its portfolio. The top 5 holdings account for 27.08% of the portfolio and the top 10 for 37.80% — a well-diversified portfolio that minimises stock-specific risk.
What is the sector allocation of Kotak Balanced Advantage Fund Direct-Growth?
The sector allocation of Kotak Balanced Advantage Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.
What is the equity and debt allocation of Kotak Balanced Advantage Fund Direct-Growth?
As of 31 May 2026, Kotak Balanced Advantage Fund Direct-Growth has 61.56% in equity, 26.18% in debt and 10.51% in cash/others. This asset mix determines the fund's overall risk-return profile. The debt portfolio has a yield to maturity (YTM) of 7.50%.
What is the market cap allocation of Kotak Balanced Advantage Fund Direct-Growth?
Kotak Balanced Advantage Fund Direct-Growth's equity portfolio — Large Cap: 71.76%, Mid Cap: 15.97%, Small Cap: 12.27%. Market cap allocation determines the fund's risk profile — large cap offers stability while mid and small cap offer higher growth potential with higher volatility.
Is Kotak Balanced Advantage Fund Direct-Growth a concentrated or diversified fund?
Kotak Balanced Advantage Fund Direct-Growth holds 217 securities, with the top 10 accounting for 37.80% of the portfolio and the top 5 for 27.08%. With 217 holdings, this is a well-diversified fund — stock-specific risk is limited.
What is the credit quality of Kotak Balanced Advantage Fund Direct-Growth?
The debt holdings of Kotak Balanced Advantage Fund Direct-Growth are rated as follows — SOV: 11.44%, Cash: 8.65%, A1+: 7.62%, AAA: 3.95%, and others. Higher allocation to AAA and sovereign instruments means lower credit risk. The full rating profile compared to the category average is in the Credit Rating section.
How often does Kotak Balanced Advantage Fund Direct-Growth change its portfolio?
The portfolio currently holds 217 securities with the top 10 accounting for 37.80% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.
What is the PE ratio of Kotak Balanced Advantage Fund Direct-Growth's portfolio?
The weighted average PE ratio of Kotak Balanced Advantage Fund Direct-Growth's portfolio is 23.31 and the PB ratio is 3.64. The debt portfolio has a modified duration of 4.33 years and an average maturity of 10.89 years. These metrics reflect the overall valuation and interest rate sensitivity of the portfolio.
When is the latest portfolio disclosure for Kotak Balanced Advantage Fund Direct-Growth?
The latest portfolio disclosure for Kotak Balanced Advantage Fund Direct-Growth is as of 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.