Group Fund
Kotak Group Balanced Fund
(ULGF-003-27/06/03-BALFND-107)
MONTHLY UPDATE JANUARY 2024
|
AS ON 30th September 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)
2,29,225.17
NAV
124.4808
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 : 5.42
Asset Allocation
| Approved (%) | Actual (%) | |
| Equity | 30 - 60 | 56 |
| Gsec / Debt | 20 - 70 | 37 |
| MMI / Others | 00 - 40 | 7 |
Performance Meter
| Kotak Group Balanced Fund (%) | Benchmark (%) | |
| 1 month | 4.6 | 5.2 |
| 3 months | 7.2 | 7.3 |
| 6 months | 10.6 | 9.7 |
| 1 year | 17.9 | 15.7 |
| 2 years | 10.2 | 9.8 |
| 3 years | 13.1 | 11.9 |
| 4 years | 13.3 | 12.7 |
| 5 years | 13.2 | 12.2 |
| 6 years | 11.2 | 10.7 |
| 7 years | 12.3 | 12.0 |
| 10 years | 13.0 | 11.7 |
| Inception | 13.1 | 11.8 |
| Holdings | % to Fund |
| Equity | 56.20 |
| ICICI Bank Ltd. | 3.35 |
| HDFC Bank Ltd. | 3.08 |
| Infosys Ltd. | 3.07 |
| Reliance Industries Ltd | 2.94 |
| I T C Ltd. | 2.02 |
| Larsen And Toubro Ltd. | 2.02 |
| Axis Bank Ltd. | 1.65 |
| Maruti Suzuki India Ltd | 1.42 |
| Bharti Airtel Ltd. | 1.32 |
| Hindustan Unilever Ltd | 1.31 |
| UltraTech Cement Ltd. | 1.29 |
| Sun Pharmaceuticals Ltd | 1.12 |
| Tech Mahindra Ltd. | 1.03 |
| Bharat Electronics Ltd. | 1.00 |
| Venus Pipes and Tubes Ltd | 0.99 |
| Tata Motors Ltd. | 0.97 |
| Tata Consultancy Services Ltd. | 0.92 |
| Zomato Ltd | 0.89 |
| Bajaj Finance Ltd | 0.88 |
| National Thermal Power Corporation Ltd | 0.85 |
| Others | 24.07 |
| G-Sec | 23.91 |
| 7.18% GOI - 24.07.2037 | 5.93 |
| 7.18% GOI - 14.08.2033 | 5.80 |
| 7.25% GOI - 12.06.2063 | 3.39 |
| 7.30% GOI - 19.06.2053 | 2.24 |
| 7.26% GOI - 06.02.2033 | 0.71 |
| 7.61% GOI - 09.05.2030 | 0.67 |
| 7.06% GOI - 10.04.2028 | 0.53 |
| 7.17% GOI - 17.04.2030 | 0.36 |
| 7.36% GOI - 12.09.2052 | 0.34 |
| GOI FRB - 22.09.2033 | 0.33 |
| Others | 3.60 |
| Corporate Debt | 13.24 |
| 7.38% Cholamandalam Invest and Fin co Ltd - 31.07.2024 | 1.06 |
| 7.70% L&T Ltd. - 28.04.2025 | 0.63 |
| 6.99% IRFC - 04.06.2041 | 0.63 |
| 5.44% NABARD - 05.02.2024 | 0.61 |
| 8.95% Bharti Telecom Limited Series XVII - 04.12.2026 | 0.58 |
| 7.97% HDFC BANK - 17.02.2033 | 0.55 |
| 7.85% PFC - 03.04.2028 | 0.53 |
| 7.80% HDFC BANK - 03.05.2033 | 0.52 |
| 7.05% Embassy Office Parks REIT - 18.10.2026 | 0.45 |
| 8.54% REC - 15.11.2028 | 0.42 |
| Others | 7.26 |
| MMI | 5.50 |
| NCA | 1.15 |
**NIC 2008 - Industrial sector as defined under National Industrial Classification 2008.
