Kotak Balanced Advantage Fund
Kotak Mutual Fund·Dynamic Asset Allocation Fund·vs CRISIL Hybrid 50+50
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹22.1450 | — | — | — | — | — | — |
| Regular Growth | ₹20.2300 | -0.19% | -3.34% | -3.51% | -0.02% | +9.37% | +8.91% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
185
Top 5 Weight
19.60%
Top 10 Weight
28.83%
Active Share
—
Large Cap
47.27%
Gini
0.599
What Changed2026-03-31 → 2026-04-30
Holdings: 181 → 187+10 added−4 removed22 weight shifts ≥ 0.1%
| 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
Banks12.6%
SOV12.1%
Petroleum Products4.6%
IT - Software4.6%
Finance3.8%
Automobiles3.5%
Telecom - Services3.0%
Auto Components2.9%
Construction2.5%
Pharmaceuticals and Biotechnology2.5%
Top 10 sectors by % to NAV. Excludes derivatives.