Group Fund
Kotak Group Balanced Fund
(ULGF-003-27/06/03-BALFND-107)
MONTHLY UPDATE DECEMBER 2023
|
AS ON 30th September 2023
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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)
2,01,585.18
NAV
119.0511
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 : 5.26
Asset Allocation
| Approved (%) | Actual (%) | |
| Equity | 30 - 60 | 58 |
| Gsec / Debt | 20 - 70 | 36 |
| MMI / Others | 00 - 40 | 6 |
Performance Meter
| Kotak Group Balanced Fund (%) | Benchmark (%) | |
| 1 month | 4.0 | 3.8 |
| 3 months | 3.5 | 3.3 |
| 6 months | 8.3 | 6.5 |
| 1 year | 10.8 | 7.9 |
| 2 years | 8.7 | 7.5 |
| 3 years | 12.8 | 11.8 |
| 4 years | 12.2 | 11.5 |
| 5 years | 12.4 | 11.3 |
| 6 years | 10.7 | 10.1 |
| 7 years | 11.3 | 11.0 |
| 10 years | 12.6 | 11.3 |
| Inception | 12.9 | 11.6 |
| Holdings | % to Fund |
| Equity | 58.15 |
| ICICI Bank Ltd. | 3.57 |
| Infosys Ltd. | 3.36 |
| HDFC Bank Ltd. | 3.19 |
| Reliance Industries Ltd | 2.99 |
| I T C Ltd. | 2.17 |
| Larsen And Toubro Ltd. | 2.03 |
| Axis Bank Ltd. | 1.84 |
| Maruti Suzuki India Ltd | 1.65 |
| Bharti Airtel Ltd. | 1.48 |
| Hindustan Unilever Ltd | 1.43 |
| Sun Pharmaceuticals Ltd | 1.41 |
| UltraTech Cement Ltd. | 1.26 |
| Bajaj Finance Ltd | 1.10 |
| Venus Pipes and Tubes Ltd | 1.06 |
| Tech Mahindra Ltd. | 1.03 |
| Tata Motors Ltd. | 1.00 |
| Tata Consultancy Services Ltd. | 0.99 |
| Zomato Ltd | 0.97 |
| SBI Life Insurance Company Ltd. | 0.92 |
| Bharat Electronics Ltd. | 0.91 |
| Others | 23.81 |
| G-Sec | 24.89 |
| 7.18% GOI - 14.08.2033 | 5.42 |
| 7.18% GOI - 24.07.2037 | 4.55 |
| 7.26% GOI - 06.02.2033 | 2.47 |
| 7.25% GOI - 12.06.2063 | 2.09 |
| 7.30% GOI - 19.06.2053 | 1.77 |
| 7.61% GOI - 09.05.2030 | 0.76 |
| 7.41% GOI - 19.12.2036 | 0.65 |
| 7.06% GOI - 10.04.2028 | 0.60 |
| 7.17% GOI - 17.04.2030 | 0.53 |
| 8.54% REC - 15.11.2028 | 0.48 |
| Others | 5.58 |
| Corporate Debt | 10.93 |
| 7.38% Cholamandalam Invest and Fin co Ltd - 31.07.2024 | 0.77 |
| 5.44% NABARD - 05.02.2024 | 0.74 |
| 6.99% IRFC - 04.06.2041 | 0.71 |
| 7.97% HDFC BANK - 17.02.2033 | 0.62 |
| 7.80% HDFC BANK - 03.05.2033 | 0.58 |
| 7.05% Embassy Office Parks REIT - 18.10.2026 | 0.51 |
| 7.50% NABARD - 17.12.2025 | 0.45 |
| 8.03% Sundaram Home Finance Ltd -22.11.2024 | 0.44 |
| 8.60% Bharti Telecom Limited Series XIV - 12.12.2025 | 0.43 |
| 8.55% HDFC BANK - 27.03.2029 | 0.42 |
| Others | 5.25 |
| MMI | 4.76 |
| NCA | 1.26 |
**NIC 2008 - Industrial sector as defined under National Industrial Classification 2008.
