SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • NFO News Kotak Mutual Fund launches balanced advantage fund

    Kotak Mutual Fund launches balanced advantage fund

    The NFO opens on July 13, 2018 and closes on July 27, 2018.
    Team Cafemutual Jul 14, 2018

    Kotak Mutual Fund has launched Kotak Balanced Advantage Fund, an open-ended dynamic asset allocation fund with an aim to generate capital appreciation from a dynamically balanced portfolio of equity and equity related securities, debt, and money market securities. The fund will follow a multi-cap approach for equity allocation and dynamic bond approach for debt allocation.

    The NFO opens on July 13, 2018 and closes on July 27, 2018.

    Harsha Upadhyaya, Chief Investment Officer (Equity), Kotak Mutual Fund said, “The fund is designed with an objective to generate capital appreciation by factoring in volatility and thereby dynamically adjusting allocation between asset classes based on valuations and market trend. This is suitable for all investors – whether first time or sophisticated, to help them participate in wealth creation and compounding potential of equity over long term.”

    The fund follows a broad allocation on an investment model based on trailing Nifty P/E and trend/sentiment data. The investment model keeps net equity exposure low when the market valuations are high and vice versa.

    “Historical back-tested calculations of the model of five year daily rolling returns since September 2004 showed that the investment doubled in 5 to 8 years’ time span giving better compounding in comparison to traditional investments. The fund aims to invest 65%-100% in Indian equities and equity related securities. The net equity exposure can be brought down significantly below 65% by hedging through equity derivatives,” added Upadhyaya.

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    0 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.