Group Fund
Kotak Group Balanced Fund
(ULGF-003-27/06/03-BALFND-107)
MONTHLY UPDATE OCTOBER 2023
|
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)
1,91,584.40
NAV
116.1544
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 : 5.11
Asset Allocation
| Approved (%) | Actual (%) | |
| Equity | 30 - 60 | 58 |
| Gsec / Debt | 20 - 70 | 38 |
| MMI / Others | 00 - 40 | 4 |
Performance Meter
| Kotak Group Balanced Fund (%) | Benchmark (%) | |
| 1 month | 1.0 | 1.2 |
| 3 months | 3.2 | 2.2 |
| 6 months | 12.3 | 10.0 |
| 1 year | 13.6 | 11.9 |
| 2 years | 6.7 | 5.6 |
| 3 years | 15.2 | 14.5 |
| 4 years | 12.5 | 11.9 |
| 5 years | 12.2 | 11.1 |
| 6 years | 10.7 | 10.2 |
| 7 years | 10.8 | 10.5 |
| 10 years | 12.8 | 11.7 |
| Inception | 12.9 | 11.5 |
| Holdings | % to Fund |
| Equity | 57.58 |
| ICICI Bank Ltd. | 3.83 |
| Infosys Ltd. | 3.49 |
| Reliance Industries Ltd | 3.25 |
| HDFC Bank Ltd. | 3.23 |
| I T C Ltd. | 2.33 |
| Larsen And Toubro Ltd. | 1.95 |
| Axis Bank Ltd. | 1.87 |
| Maruti Suzuki India Ltd | 1.66 |
| Hindustan Unilever Ltd | 1.45 |
| Sun Pharmaceuticals Ltd | 1.40 |
| UltraTech Cement Ltd. | 1.21 |
| Bharti Airtel Ltd. | 1.19 |
| Bajaj Finance Ltd | 1.16 |
| Venus Pipes and Tubes Ltd | 1.10 |
| Tata Consultancy Services Ltd. | 1.05 |
| Tech Mahindra Ltd. | 1.02 |
| Tata Motors Ltd. | 0.92 |
| Bharat Electronics Ltd. | 0.90 |
| SBI Life Insurance Company Ltd. | 0.88 |
| State Bank of India. | 0.84 |
| Others | 22.85 |
| G-Sec | 25.54 |
| 7.26% GOI - 06.02.2033 | 6.23 |
| 7.18% GOI - 14.08.2033 | 3.75 |
| 7.18% GOI - 24.07.2037 | 1.99 |
| 7.30% GOI - 19.06.2053 | 1.64 |
| 7.41% GOI - 19.12.2036 | 1.16 |
| 7.25% GOI - 12.06.2063 | 0.86 |
| 7.61% GOI - 09.05.2030 | 0.80 |
| 7.06% GOI - 10.04.2028 | 0.79 |
| 7.08% MP SDL - 09.03.2029 | 0.60 |
| 7.17% GOI - 17.04.2030 | 0.56 |
| Others | 7.17 |
| Corporate Debt | 12.72 |
| 7.38% Cholamandalam Invest and Fin co Ltd - 31.07.2024 | 0.81 |
| 5.44% NABARD - 05.02.2024 | 0.78 |
| 6.99% IRFC - 04.06.2041 | 0.75 |
| 7.97% HDFC BANK - 17.02.2033 | 0.66 |
| 7.80% HDFC BANK - 03.05.2033 | 0.62 |
| 7.05% Embassy Office Parks REIT - 18.10.2026 | 0.54 |
| 7.56% REC - 30.06.2026 | 0.52 |
| 7.50% NABARD - 17.12.2025 | 0.48 |
| 7.40% Muthoot Finance Ltd - 05.01.2024 | 0.46 |
| 8.03% Sundaram Home Finance Ltd -22.11.2024 | 0.46 |
| Others | 6.63 |
| MMI | 3.41 |
| NCA | 0.75 |
**NIC 2008 - Industrial sector as defined under National Industrial Classification 2008.
