Kotak Balanced Advantage Fund
The fund has shifted decisively toward equities, now carrying near 68 percent exposure while maintaining defensive government securities and repo positions. The portfolio shows pronounced conviction in financials, particularly banks and housing finance, alongside energy and telecom anchors—classic defensive-growth positioning for a hybrid vehicle. Month-on-month moves reveal tactical pruning of underperformers like Wipro while adding housing finance exposure and mid-cap names, signaling the manager expects stable growth without elevated volatility.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹22.2730 | — | — | — | — |
| Regular Growth | ₹20.3460 | -0.84% | -0.41% | +9.51% | +9.03% |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Deepak Nitrite Ltd. | 0.10% |
| Alkem Laboratories Ltd. | 0.04% |
| Steel Authority of India Ltd. | 0.01% |
| PNB HOUSING FINANCE LTD.** | 0.15% |
| BAJAJ HOUSING FINANCE LTD.** | 0.15% |
| Power Finance Corporation Ltd.** | 0.12% |
| GODREJ INDUSTRIES LTD ( ) | 0.06% |
| CD UNION BANK OF INDIA** | 0.57% |
| CP Bahadur Chand Investments Private Limited** | 0.56% |
| CP DSP FINANCE PRIVATE LIMITED** | 0.54% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Central Government - 2064 IN0020240035 | 5.83% |
| 2 | Triparty Repo | 5.58% |
| 3 | RELIANCE INDUSTRIES LTD. INE002A01018 | 3.84% |
| 4 | ICICI BANK LTD. INE090A01021 | 3.79% |
| 5 | STATE BANK OF INDIA. INE062A01020 | 3.21% |
| 6 | HDFC BANK LTD. INE040A01034 | 2.93% |
| 7 | BHARTI AIRTEL LTD. INE397D01024 | 2.34% |
| 8 | Larsen and Toubro Ltd. INE018A01030 | 2.11% |
| 9 | Infosys Ltd. INE009A01021 | 1.77% |
| 10 | BAJAJ FINANCE LTD. INE296A01032 | 1.55% |
| 11 | Mahindra & Mahindra Ltd. INE101A01026 | 1.46% |
| 12 | ETERNAL LIMITED INE758T01015 | 1.44% |
| 13 | AXIS BANK LTD. INE238A01034 | 1.39% |
| 14 | Solar Industries India Limited INE343H01029 | 1.38% |
| 15 | CD BANK OF BARODA** INE028A16LW2 | 1.37% |
| 16 | Mphasis Ltd INE356A01018 | 1.36% |
| 17 | Maruti Suzuki India Limited INE585B01010 | 1.31% |
| 18 | ITC Ltd. INE154A01025 | 1.28% |
| 19 | GE VERNOVA T&D INDIA LIMITED INE200A01026 | 1.27% |
| 20 | Adani Ports and Special Economic Zone Limited INE742F01042 | 1.26% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Kotak Balanced Advantage Fund hold?
Kotak Balanced Advantage Fund holds 185 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 19.60% of NAV.
What is the largest holding in Kotak Balanced Advantage Fund?
The largest position in Kotak Balanced Advantage Fund is Central Government - 2064, accounting for 5.83% of NAV in the SOV sector.
Is Kotak Balanced Advantage Fund a concentrated or diversified fund?
With a Gini coefficient of 0.599, Kotak Balanced Advantage Fund is moderately concentrated. The HHI concentration index is 14,734 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 19.60% of the portfolio.
What is the market cap allocation of Kotak Balanced Advantage Fund?
Based on SEBI's AMFI classification, Kotak Balanced Advantage Fund's equity portfolio is split as: Large Cap: 47.27%, Mid Cap: 9.58%, Small Cap: 7.84%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Kotak Balanced Advantage Fund invest in most?
Kotak Balanced Advantage Fund has the highest allocation to Banks (12.63%), SOV (12.13%), Petroleum Products (4.64%). The fund is invested across 54 sectors in total.
How actively managed is Kotak Balanced Advantage Fund compared to other Dynamic Asset Allocation Fund funds?
Kotak Balanced Advantage Fund has an Active Share of 52.71%, classifying it as "Active Stock Picker" among 35 Dynamic Asset Allocation Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Kotak Balanced Advantage Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Kotak Balanced Advantage Fund added 10 new stocks (including Deepak Nitrite Ltd.) and exited 4 stocks (including Wipro Ltd.). Total holding count increased from 181 to 187 stocks.