Hybrid · Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage
Kotak Balanced Advantage Fund
Open in live screener →Key metrics
Latest NAV
₹23.20
Day change
-0.20%
Volatility
9.7%
Sharpe
-0.19
Max drawdown
-26.3%
AUM
₹16,987 Cr
Category rank
11 / 23
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -0.64% | -1.12% | 3.68% | 3.63% | 4.65% | 9.95% | 9.31% | 11.81% | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
Kotak Balanced Advantage Fund is a balanced-advantage hybrid fund offered by Kotak Mahindra Mutual Fund, classified under Hybrid as Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage. The equity/debt mix is managed dynamically to balance growth and stability. Its latest NAV is ₹23.20, with assets under management of about ₹16,987 Cr (April - June 2026).
Performance analysis
Over the trailing one year, Kotak Balanced Advantage Fund has recorded a return of about 4.7%, with a three-year return of 9.9% and a five-year return of 9.3%. Its annualised volatility is 9.7% — moderate fluctuations — and its Sharpe ratio is -0.19, a measure of return per unit of risk taken.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 12.25 | 11.44 | -17.67 | 58.64 | 96% | 47% |
| 3Y | 12.94 | 12.72 | 9.81 | 22.26 | 100% | 70% |
| 5Y | 12.89 | 12.98 | 9.23 | 19.58 | 100% | 72% |
| 7Y | 11.99 | 12.01 | 10.57 | 13.25 | 100% | 51% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does Kotak Balanced Advantage Fund invest in?
It invests primarily in equity and debt in proportions that shift with market conditions.
How is this fund classified?
It is a Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage fund in the Hybrid group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Tata Balanced Advantage Fund Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage | -2.00 | 2.48 | 2.81 | 4.00 | 8.83 | 9.27 | – | 0.46 |
| Shriram Balanced Advantage Fund Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage | -2.03 | 2.82 | 0.66 | 1.60 | 6.74 | 6.84 | – | 0.64 |
| ITI Balanced Advantage Fund Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage | 0.25 | 4.29 | 3.40 | 2.32 | 9.87 | 8.49 | – | 0.64 |
| PGIM India Balanced Advantage Fund Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage | -1.96 | 3.12 | 1.41 | -0.24 | 7.43 | 7.73 | – | 0.68 |
| SBI Balanced Advantage Fund Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage | -1.60 | 1.29 | 0.51 | 4.47 | 10.03 | 10.48 | – | 0.58 |
| LIC MF Balanced Advantage Fund Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage | 0.05 | 7.13 | 6.27 | 4.61 | 8.93 | – | – | 0.77 |
| Franklin India Balanced Advantage Fund Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage | -0.94 | 3.73 | 2.89 | 2.69 | 10.11 | – | – | 0.47 |
| quant Dynamic Asset Allocation Fund Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage | -1.61 | -1.10 | 3.92 | 1.61 | 13.44 | – | – | 0.73 |
More funds from Kotak Mahindra
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Kotak Arbitrage Fund Hybrid Scheme - Arbitrage Fund | 0.54 | 1.93 | 3.32 | 6.78 | 7.54 | 6.92 | 6.48 | – |
| Kotak ELSS Tax Saver Fund Equity Scheme - ELSS | -0.98 | 6.66 | 5.09 | 3.98 | 11.59 | 12.15 | 14.30 | – |
| Kotak Mid Cap Fund Equity Scheme - Mid Cap Fund | -0.84 | 5.31 | 10.52 | 8.87 | 17.65 | 17.08 | 18.01 | – |
| Kotak Multi Asset Omni FOF Other Scheme - FoF Domestic | -1.25 | 2.78 | 1.46 | 10.61 | 15.56 | 15.15 | 15.34 | – |
| Kotak Global Emerging Market Overseas Equity Active FOF Overseas Fund of Funds - Fund of Funds investing overseas | 3.77 | -4.87 | 20.64 | 46.57 | 25.82 | 12.11 | 11.77 | – |
| Kotak Gold Fund Other Scheme - FoF Domestic | 1.57 | -1.52 | -3.93 | 41.86 | 35.67 | 24.77 | 16.32 | – |
| Kotak Large Cap Fund Equity Scheme - Large Cap Fund | -2.65 | 3.90 | -0.12 | 0.37 | 10.70 | 9.66 | 12.69 | – |
| Kotak Conservative Hybrid Fund Hybrid Scheme - Conservative Hybrid Fund | -0.74 | 2.58 | 2.05 | 4.00 | 8.81 | 8.76 | 9.62 | – |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.