NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹20.14
0.02%
NAV as on 18 Dec 24, 12:00 AM
very high risk
dynamic asset allocation
equity
NAV as on 18 Dec 24, 12:00 AM
very high risk
dynamic asset allocation
equity
15.78%p.a.
Last 1Y
11.62%p.a.
Last 3Y
12.15%p.a.
Last 5Y
11.50%p.a.
Since Inception
About Kotak Balanced Advantage Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Kotak Balanced Advantage Fund Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Aug 2018, Kotak Balanced Advantage Fund Growth is Dynamic Asset Allocation fund of its category with 16,958.81 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
- Kotak Balanced Advantage Fund Growth delivered 15.8% annual returns during the last year. It has delivered 11.5% average annual returns since the fund was launched.
- Kotak Balanced Advantage Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the scheme is to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.
Top 10 Holdings
HDFC Bank Ltd
5.07%
Infosys Ltd
3.90%
ICICI Bank Ltd
3.73%
7.93% Govt Stock 2033
2.76%
Reliance Industries Ltd
2.57%
7.41% Govt Stock 2036
2.30%
HDFC Bank Ltd.-DEC2024
2.20%
InterGlobe Aviation Ltd
1.99%
Mahindra & Mahindra Ltd
1.92%
Larsen & Toubro Ltd
1.91%
Fund Managers
- Abhishek Bisen (Aug 2018 - Present)
- Hiten Shah (Oct 2019 - Present)
- Rohit Tandon (Jan 2024 - Present)
Key Information
View Scheme Document
Kotak Balanced Advantage Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Kotak Balanced Advantage Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Kotak Balanced Advantage Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Kotak Balanced Advantage Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
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3Y Return
HDFC Balanced Advantage Fund Growth
very high risk | hybrid (nc)
22.6%
ICICI Prudential Balanced Advantage Fund Growth
very high risk | equity
12.6%
Edelweiss Balanced Advantage Fund Plan Growth
very high risk | hybrid (nc)
11.5%
Frequently Asked Questions
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