Kotak Balanced Advantage Fund

Kotak Mahindra Mutual FundHybridPortfolio as of 31 July 2026

Kotak Balanced Advantage Fund holds 214 instruments (64.08% equity), led by ICICI Bank Limited (5.09%), Reliance Industries Limited (3.43%) and State Bank of India (2.91%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings
214
Equity Allocation
64.08%
AMC
Kotak Mahindra Mutual Fund
Category
Hybrid

This page shows the complete disclosed portfolio of Kotak Balanced Advantage Fund, managed by Kotak Mahindra Mutual Fund, based on its monthly portfolio disclosure dated 31 July 2026. The fund holds 214 instruments with an equity allocation of 64.08%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

Kotak Balanced Advantage Fund's top 10 holdings account for 24.95% of its portfolio, more diversified than the Hybrid category average of 28.9%. Financial Services is its largest sector exposure at 18.26% of net assets, spread across 13 sectors in total. Since its 30 June 2026 disclosure, the fund added 11 new positions and exited 12 positions, with ICICI Bank Limited seeing the largest move (+0.65pp to 5.09%).

Top 10 Equity Holdings

What Changed: June 2026 → July 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

11 new entries12 exits8 increased5 reduced

Biggest Weight Increases

StockWeightChange
ICICI Bank Limited4.44% → 5.09%▲ +0.65
Bharti Airtel Limited2.27% → 2.49%▲ +0.22
Bajaj Finance Limited1.59% → 1.81%▲ +0.22
Biocon Limited0.11% → 0.32%▲ +0.21
Infosys Limited1.48% → 1.66%▲ +0.18
Bajaj Auto Limited0.32% → 0.48%▲ +0.16
Hyundai Motor India Limited0.09% → 0.23%▲ +0.14
Tech Mahindra Limited0.69% → 0.79%▲ +0.1

Biggest Weight Reductions

StockWeightChange
One 97 Communications Limited0.43% → 0.01%▼ -0.42
Acutaas Chemicals Limited0.91% → 0.69%▼ -0.22
GE Vernova T&D India Limited1.32% → 1.15%▼ -0.17
Larsen & Toubro Limited2.14% → 1.99%▼ -0.15
Axis Bank Limited1.13% → 1.02%▼ -0.11

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

Feb: 4.04%, Mar: 3.84%, Apr: 3.79%, May: 3.79%, Jun: 4.44%, Jul: 5.09%
5.09%
Feb: 3.57%, Mar: 3.79%, Apr: 3.81%, May: 3.53%, Jun: 3.4%, Jul: 3.43%
3.43%
Feb: 3.18%, Mar: 2.82%, Apr: 2.9%, May: 2.62%, Jun: 2.92%, Jul: 2.91%
2.91%
Feb: 2.84%, Mar: 2.54%, Apr: 2.53%, May: 2.45%, Jun: 2.58%, Jul: 2.57%
2.57%
Feb: 2.27%, Mar: 2.34%, Apr: 2.34%, May: 2.28%, Jun: 2.27%, Jul: 2.49%
2.49%

Full Portfolio (214 holdings)

#HoldingSector% to NAV
17.34% Central Government Securitiesbond5.82%
2ICICI Bank LimitedFinancial Services5.09%
3Triparty Repotreps4.68%
4Reliance Industries LimitedEnergy3.43%
5State Bank of IndiaFinancial Services2.91%
6HDFC Bank LimitedFinancial Services2.57%
7Bharti Airtel LimitedTelecommunication2.49%
8Larsen & Toubro LimitedIndustrials1.99%
9Bajaj Finance LimitedFinancial Services1.81%
10Infosys LimitedInformation Technology1.66%
11Solar Industries India LimitedMaterials1.54%
12ETERNAL LIMITEDConsumer Discretionary1.46%
13Maruti Suzuki India LimitedConsumer Discretionary1.39%
14Bank of Barodabond1.38%
15JTPM METAL TRADERS PVT LTD ( CATALYST TRUSTEESHIP LIMITE) (^)bond1.23%
16Mahindra & Mahindra LimitedConsumer Discretionary1.22%
17GE Vernova T&D India LimitedIndustrials1.15%
18BROOKFIELD INDIA REAL ESTATEReal Estate1.13%
196.80% National Housing Bankbond1.13%
20Kotak Mahindra Bank LimitedFinancial Services1.11%
21InterGlobe Aviation LimitedServices1.05%
22Axis Bank LimitedFinancial Services1.02%
23Tamil Nadu State Govt - 2032 - Tamil Nadubond1.01%
24Sansera Engineering LimitedConsumer Discretionary0.97%
25UltraTech Cement LimitedMaterials0.93%
26MphasiS LimitedInformation Technology0.87%
27ITC LimitedConsumer Staples0.86%
28Coromandel International LimitedMaterials0.86%
29CNX BANK INDEXother0.86%
307.25% Government of India (MD )bond0.83%
31Punjab National Bank^bond0.83%
32Tech Mahindra LimitedInformation Technology0.79%
33Kotak Liquid Fund - Direct Plan - Growthmf0.75%
347.09% Government of Indiabond0.75%
35Power Grid Corporation of India LimitedUtilities0.73%
36NTPC LimitedUtilities0.72%
37Schaeffler India LimitedConsumer Discretionary0.71%
38Tata Consultancy Services LimitedInformation Technology0.69%
39Acutaas Chemicals LimitedHealthcare0.69%
40Bharat Petroleum Corporation LimitedEnergy0.66%
41National Bank For Agriculture and Rural Developmentbond0.61%
42United Spirits LimitedConsumer Staples0.59%
43Power Finance Corporation LimitedFinancial Services0.58%
44ICICI Lombard General Insurance Company LimitedFinancial Services0.57%
457.44% National Bank For Agriculture and Rural Developmentbond0.57%
46Bahadur Chand Investments Private Limitedbond0.56%
47Bank of Baroda^bond0.55%
48DSP FINANCE PRIVATE LIMITEDbond0.55%
49Hindustan Unilever LimitedConsumer Staples0.54%
50Krishna Institute of Medical Sciences LimitedHealthcare0.54%
51Shriram Finance LimitedFinancial Services0.53%
52V-Guard Industries LimitedConsumer Discretionary0.53%
53Torrent Pharmaceuticals LimitedHealthcare0.53%
54Yatharth Hospital & Trauma Care Services LimitedHealthcare0.52%
55PB Fintech LimitedFinancial Services0.52%
56Godrej Consumer Products LimitedConsumer Staples0.51%
57Oberoi Realty LimitedReal Estate0.5%
58Bosch LimitedConsumer Discretionary0.49%
59Aptus Value Housing Finance India LimitedFinancial Services0.48%
60Bajaj Auto LimitedConsumer Discretionary0.48%
61Mahindra Lifespace Developers LimitedReal Estate0.46%
62Vedanta Aluminium Metal LimitedDiversified0.45%
637.96% Mindspace Business Parks Reit (MD )bond0.44%
64Bharat Heavy Electricals LimitedIndustrials0.43%
657.75% Bharti Telecom Ltd. (MD )bond0.43%
6607.06 % BROOKFIELD INDIA REAL ESTATE TRUSTbond0.43%
67Gujarat Gas LimitedUtilities0.42%
680.00% REC Ltdbond0.42%
69Titan Company LimitedConsumer Discretionary0.41%
70Apollo Tyres LimitedConsumer Discretionary0.41%
71Persistent Systems LimitedInformation Technology0.4%
72Tamil Nadu State Govt - 2034 - Tamil Nadubond0.4%
73Ratnamani Metals & Tubes LimitedIndustrials0.39%
74Bharat Electronics LimitedIndustrials0.38%
75Indus Towers LimitedTelecommunication0.37%
76Jubilant Foodworks LimitedConsumer Discretionary0.35%
776.90% Government of India (MD )bond0.35%
78Net Current Assets/(Liabilities)other0.35%
79Carborundum Universal LimitedIndustrials0.34%
80JINDAL STEEL LIMITEDMaterials0.33%
81Biocon LimitedHealthcare0.32%
82Oil & Natural Gas Corporation LimitedEnergy0.32%
83KEI Industries LimitedIndustrials0.3%
84Wipro LimitedInformation Technology0.3%
859.35% Telangana State Industrial Infrastructure Corporation Limitedbond0.3%
86Coal India LimitedEnergy0.29%
87HDFC Life Insurance Company LimitedFinancial Services0.29%
889.09% Muthoot Finance Limitedbond0.29%
899.33% 360 One Prime Limited 2028 (FRN)bond0.29%
909.15% Andhra Pradesh State Beverages Corporation Limitedbond0.29%
91SRF LimitedMaterials0.28%
92CAPITAL INFRA TRUSTIndustrials0.28%
93Punjab National Bank 2027bond0.28%
94HDFC BANK LTD - CDbond0.28%
95Adani Energy Solutions LimitedUtilities0.27%
96Dr. Lal Path Labs Ltd.Healthcare0.27%
97ANDHRA PRADESH STATE BEVERAGES CORPORATION LIMITEDbond0.27%
98FEDERAL BANK LTDbond0.27%
99Asian Paints LimitedConsumer Discretionary0.26%
100Kajaria Ceramics LimitedConsumer Discretionary0.24%
101ANDHRA PRADESH STATE BEVERAGES CORPORATION LIMITEDbond0.24%
102Hyundai Motor India LimitedConsumer Discretionary0.23%
103Sun Pharmaceutical Industries LimitedHealthcare0.23%
104Godrej Properties LimitedReal Estate0.21%
105Tata Motors Passenger Vehicles LimitedConsumer Discretionary0.21%
106MINDSPACE BUSINESS PARKS REIReal Estate0.21%
107Hindalco Industries LimitedMaterials0.21%
108Amber Enterprises India LimitedConsumer Discretionary0.19%
109Rainbow Childrens Medicare LimitedHealthcare0.19%
110Jyoti CNC Automation LimitedIndustrials0.19%
111CNX NIFTYother0.19%
112HDB Financial Services LimitedFinancial Services0.17%
113Tata Communications LimitedTelecommunication0.17%
114Sai Life Sciences LimitedHealthcare0.17%
115Godrej Agrovet LimitedConsumer Staples0.15%
116Nuvama Wealth Management LimitedFinancial Services0.15%
117Page Industries LimitedConsumer Discretionary0.14%
118INDO-MIM LTDIndustrials0.14%
119DLF LimitedReal Estate0.14%
120INDUS INFRA TRUSTServices0.14%
121HDFC BANK LTDbond0.14%
122PNB HOUSING FINANCE LTDbond0.14%
1237.98% Bajaj Housing Finance Limited 2026bond0.14%
12406.27 % POWER FINANCE CORPORATIONbond0.14%
125Bihar State Govt - 2035 - Biharbond0.14%
126HERO FINCORP LTDbond0.14%
127NTPC Green Energy LimitedUtilities0.13%
128Tata Capital LimitedFinancial Services0.13%
129Deepak Nitrite LimitedMaterials0.12%
130ANDHRA PRADESH STATE BEVERAGES CORPORATION LIMITEDbond0.12%
131Uttar Pradesh State Govt - 2041 - Uttar Pradesh(^)bond0.12%
132Piramal Finance LimitedFinancial Services0.11%
133Astral LimitedIndustrials0.1%
134Piramal Pharma LimitedHealthcare0.1%
135Jio Financial Services LimitedFinancial Services0.1%
136Ashok Leyland LimitedIndustrials0.1%
137ADITYA BIRLA CAPITAL LTDbond0.1%
138Techno Electric & Engineering Company LimitedIndustrials0.09%
139RAAJMARG INFRA INVESTMENT TRServices0.09%
1407.64% Power Finance Corporation Limitedbond0.09%
141GS CG - (STRIPS)bond0.09%
142Divi's Laboratories LimitedHealthcare0.09%
143KUSUMGAR LTDConsumer Discretionary0.08%
144GSPL Transmission LimitedUtilities0.08%
145GS CG - (STRIPS)bond0.08%
146Alkem Laboratories LimitedHealthcare0.07%
147Jubilant Ingrevia LimitedMaterials0.07%
148GS CG - (STRIPS)bond0.07%
149Jana Small Finance Bank LimitedFinancial Services0.06%
150Mtar Technologies LimitedIndustrials0.06%
1518.42% Godrej Industries Limited 2027bond0.06%
152Power Finance Corporation Limited^bond0.06%
153GS CG - (STRIPS)bond0.06%
154GS CG - (STRIPS)bond0.06%
155Cipla LimitedHealthcare0.05%
156ABB India LimitedIndustrials0.05%
157Voltas LimitedConsumer Discretionary0.05%
158Linde India LimitedMaterials0.05%
159SBI FUNDS MANAGEMENT LTDFinancial Services0.05%
160LASER POWER & INFRA LTDIndustrials0.04%
1617.30% Government of India (MD )bond0.04%
162GS CG - (STRIPS)bond0.04%
163GS CG - (STRIPS)bond0.04%
164GS CG - (STRIPS)bond0.04%
165Margin Depositother0.04%
166TATA PROJECTS LTDbond0.03%
1677.68% Tata Capital Limitedbond0.03%
168PUNJAB NATIONAL BANKbond0.03%
169Haryana State Govt - 2028 - Haryanabond0.03%
170Power Grid Corporation of India Ltdbond0.02%
171Kotak Mahindra Prime Limitedbond0.02%
172Grasim Industries LimitedMaterials0.01%
173Orchid Pharma LimitedHealthcare0.01%
174One 97 Communications LimitedFinancial Services0.01%
175TATA CAPITAL LTDbond0.01%
1766.4% LIC Housing Finance Limited 2026bond0.01%
177Rajasthan State Govt - 2027 - Rajasthanbond0.01%
1787.09% Government of India (MD )bond0.01%
179Central Government - 2029bond0.01%
180Fortis Healthcare LimitedHealthcare0.01%
181Devyani International LimitedConsumer Discretionary0%
182Central Government - 2028bond0%
183INE160A08316other0%
184Apollo Hospitals Enterprise LimitedHealthcare0%
185Hindustan Aeronautics LimitedIndustrials0%
186Kalyan Jewellers India LimitedConsumer Discretionary0%
187Glenmark Pharmaceuticals LimitedHealthcare0%
188Bank of BarodaFinancial Services0%
189Punjab National BankFinancial Services0%
190TVS Motor Company LimitedConsumer Discretionary0%
191The Phoenix Mills LimitedReal Estate0%
192Eicher Motors LimitedConsumer Discretionary0%
193Nestle India LimitedConsumer Staples0%
194Varun Beverages LimitedConsumer Staples0%
195Prestige Estates Projects LimitedReal Estate0%
196TATA CONSUMER PRODUCTS LIMITEDConsumer Staples0%
197Tata Steel LimitedMaterials0%
198Mankind Pharma LimitedHealthcare0%
199PNB Housing Finance LimitedFinancial Services0%
200GAIL (India) LimitedUtilities0%
201UPL LimitedMaterials0%
202BSE LimitedFinancial Services0%
203Steel Authority of India LimitedMaterials0%
204NMDC LimitedMaterials0%
205Aurobindo Pharma LimitedHealthcare0%
206Havells India LimitedConsumer Discretionary0%
2076.48% Central Government Securitiesbond0%
208Central Government - 2050bond0%
209Central Government - 2033bond0%
210Cash Marginother0%
211Cummins India LimitedIndustrials-0.01%
212Adani Ports and Special Economic Zone LimitedServices-0.01%
213Adani Enterprises LimitedMaterials-0.01%
214Ambuja Cements LimitedMaterials-0.01%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 5.09% of Kotak Balanced Advantage Fund's net assets — its number 1 holding.
Yes. As of its 31 July 2026 disclosure, Reliance Industries Limited is 3.43% of Kotak Balanced Advantage Fund's net assets — its number 2 holding.
Yes. As of its 31 July 2026 disclosure, State Bank of India is 2.91% of Kotak Balanced Advantage Fund's net assets — its number 3 holding.
Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 2.57% of Kotak Balanced Advantage Fund's net assets — its number 4 holding.
Yes. As of its 31 July 2026 disclosure, Bharti Airtel Limited is 2.49% of Kotak Balanced Advantage Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: Kotak Mahindra Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.