Hybrid · Hybrid Scheme - Balanced Advantage Fund

Kotak Balanced Advantage Fund

Kotak Mahindra · Direct Plan · Growth · as of 2026-10-23

₹22.11 -0.61% today

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Key metrics

Latest NAV

₹22.11

Day change

-0.61%

Volatility

9.7%

Sharpe

-0.97

Max drawdown

-26.3%

AUM

₹16,987 Cr

Category rank

18 / 37

Further reading: Median maximum drawdown by fund category, measured across 1,767 funds

Trailing returns

Period	1W	1M	3M	6M	1Y	3Y	5Y	7Y	10Y
Return	-2.25%	-4.22%	-3.50%	-1.92%	-2.89%	8.59%	8.03%	10.44%	–

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 - Balanced Advantage Fund. The equity/debt mix is managed dynamically to balance growth and stability. Its latest NAV is ₹22.11, with assets under management of about ₹16,987 Cr (April - June 2026).

Further reading: What a category rank actually tells you

Performance analysis

Over the trailing one year, Kotak Balanced Advantage Fund has recorded a return of about -2.9%, with a three-year return of 8.6% and a five-year return of 8.0%. Its annualised volatility is 9.7% — moderate fluctuations — and its Sharpe ratio is -0.97, a measure of return per unit of risk taken.

Further reading: Reading a fund page: what each number does and doesn't say

Rolling returns

Window	Avg	Median	Min	Max	% Pos	% >12
1Y	12.05	11.29	-17.67	58.64	96%	46%
3Y	12.85	12.68	8.47	22.26	100%	68%
5Y	12.73	12.93	8.03	19.58	100%	69%
7Y	11.89	11.94	10.44	13.25	100%	46%

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.

Further reading: Why a single trailing return misleads, measured across 830 funds

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 - Balanced Advantage Fund 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

Further reading: Every fund measured against the best performer in its own category

Similar Hybrid Scheme - Balanced Advantage Fund

Fund	1M	3M	6M	1Y	3Y	5Y	10Y	TER %
Baroda BNP Paribas Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund	-5.73	-5.23	-2.84	-2.18	10.67	9.34	–	0.63
Tata Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund	-5.65	-6.48	-4.16	-4.95	6.91	7.51	–	0.46
Shriram Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund	-3.35	-3.46	-2.94	-5.71	5.61	5.62	–	0.64
ITI Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund	-8.76	-5.09	-4.11	-8.37	6.85	5.82	–	0.64
PGIM India Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund	-4.27	-4.85	-4.10	-7.71	6.58	6.45	–	0.68
SBI Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund	-4.06	-4.29	-3.96	-3.39	8.90	9.08	–	0.58
LIC MF Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund	-6.34	-3.41	-1.77	-5.39	6.90	–	–	0.77
NJ Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund	-3.39	-3.66	-0.71	-3.59	7.36	–	–	0.50

More funds from Kotak Mahindra

Fund	1M	3M	6M	1Y	3Y	5Y	10Y	TER %
Kotak Multi Asset Omni FOF Other Scheme - FoF Domestic	-6.49	-4.72	-5.26	-2.38	13.10	13.24	14.49	–
Kotak Global Emerging Market Overseas Equity Active FOF Other Scheme - FoF Overseas	-12.03	-7.27	-1.73	22.19	24.47	9.63	10.82	–
Kotak Gold Fund Other Scheme - FoF Domestic	-7.16	-2.54	-6.49	13.78	30.90	22.72	15.40	–
Kotak Large Cap Fund Equity Scheme - Large Cap Fund	-5.14	-5.99	-5.89	-10.02	9.26	7.55	12.07	–
Kotak Conservative Hybrid Fund Hybrid Scheme - Conservative Hybrid Fund	-2.38	-1.87	-0.30	-0.84	8.13	7.64	9.15	–
Kotak Large & Mid Cap Fund Equity Scheme - Large & Mid Cap Fund	-7.46	-7.64	-6.59	-7.34	11.55	11.70	14.21	–
Kotak Small Cap Fund Equity Scheme - Small Cap Fund	-10.30	-4.65	0.69	-2.59	10.20	10.48	15.95	–
Kotak Flexi Cap Fund Equity Scheme - Flexi Cap Fund	-6.03	-6.35	-6.89	-8.97	10.32	8.96	12.42	–

Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.