Group Fund
Kotak Group Balanced Fund
(ULGF-003-27/06/03-BALFND-107)
MONTHLY UPDATE JUNE 2023
|
AS ON 31st May 2023
|
Aims for moderate growth by holding a diversified mix of equities and fixed interest instruments. May also be susceptible to moderate levels of
shorter-term volatility (downside risk).
Date of Inception
27th June 2003
AUM (in Lakhs)
1,79,595.85
NAV
109.9075
Fund Manager
Equity : Rohit Agarwal
Debt : Manoj Bharadwaj
Debt : Manoj Bharadwaj
Benchmark Details
Equity - 60% (BSE 100)
Debt - 40% (Crisil Composite Bond)
Debt - 40% (Crisil Composite Bond)
Modified Duration
Debt & Money
Market Instruments : 3.54
Asset Allocation
| Approved (%) | Actual (%) | |
| Equity | 30 - 60 | 52 |
| Gsec / Debt | 20 - 70 | 36 |
| MMI / Others | 00 - 40 | 12 |
Performance Meter
| Kotak Group Balanced Fund (%) | Benchmark (%) | |
| 1 month | 3.4 | 2.4 |
| 3 months | 6.5 | 6.1 |
| 6 months | 2.3 | 1.4 |
| 1 year | 11.9 | 10.9 |
| 2 years | 8.3 | 7.7 |
| 3 years | 16.9 | 17.0 |
| 4 years | 11.2 | 10.5 |
| 5 years | 10.9 | 10.4 |
| 6 years | 10.2 | 10.0 |
| 7 years | 11.1 | 10.9 |
| 10 years | 11.7 | 10.7 |
| Inception | 12.8 | 11.5 |
| Holdings | % to Fund |
| Equity | 51.87 |
| ICICI Bank Ltd. | 4.20 |
| Reliance Industries Ltd | 3.24 |
| HDFC Bank Ltd. | 2.70 |
| Infosys Ltd. | 2.66 |
| I T C Ltd. | 2.49 |
| Axis Bank Ltd. | 1.92 |
| State Bank of India. | 1.60 |
| Hindustan Unilever Ltd | 1.59 |
| Larsen And Toubro Ltd. | 1.54 |
| Tata Consultancy Services Ltd. | 1.24 |
| UltraTech Cement Ltd. | 1.24 |
| Maruti Suzuki India Ltd | 1.20 |
| Sun Pharmaceuticals Ltd | 1.08 |
| Bajaj Finance Ltd | 0.98 |
| Venus Pipes and Tubes Ltd | 0.96 |
| SBI Life Insurance Company Ltd. | 0.84 |
| Mahindra & Mahindra Ltd | 0.84 |
| Housing Development Finance Corp. Ltd. | 0.80 |
| Titan Industries Ltd | 0.75 |
| Bharat Electronics Ltd. | 0.72 |
| Others | 19.26 |
| G-Sec | 23.09 |
| 7.41% GOI - 19.12.2036 | 2.77 |
| 7.38% GOI - 20.06.2027 | 2.44 |
| 7.26% GOI - 06.02.2033 | 2.43 |
| 7.10% GOI - 18.04.2029 | 2.24 |
| 7.06% GOI - 10.04.2028 | 1.75 |
| 7.17% GOI - 17.04.2030 | 1.58 |
| 7.26% GOI - 22.08.2032 | 1.07 |
| 7.61% GOI - 09.05.2030 | 0.86 |
| 7.08% MP SDL - 09.03.2029 | 0.78 |
| 8.54% REC - 15.11.2028 | 0.55 |
| Others | 6.63 |
| Corporate Debt | 13.30 |
| 7.38% Cholamandalam Invest and Fin co Ltd - 31.07.2024 | 0.86 |
| 6.99% IRFC - 04.06.2041 | 0.82 |
| 5.44% NABARD - 05.02.2024 | 0.82 |
| 7.50% NABARD - 17.12.2025 | 0.71 |
| 7.05% Embassy Office Parks REIT - 18.10.2026 | 0.58 |
| 7.56% REC - 30.06.2026 | 0.56 |
| 8.03% Sundaram Home Finance Ltd -22.11.2024 | 0.50 |
| 7.40% Muthoot Finance Ltd - 05.01.2024 | 0.49 |
| 7.34% NHB - 07.08.2025 | 0.48 |
| 8.55% HDFC - 27.03.2029 | 0.48 |
| Others | 6.99 |
| MMI | 11.43 |
| NCA | 0.31 |
**NIC 2008 - Industrial sector as defined under National Industrial Classification 2008.
