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When you want a balanced investment portfolio, you provide exposure to various funds which include equity, debt, gold, corporate bonds, etc. And in this category, the financial analysts of MySIPonline are giving a big hand to Kotak Mutual Fund. Established in the year 1998, Kotak Mahindra Mutual Fund is a wholly-owned subsidiary of Kotak Mahindra Bank Limited (KMBL). It offers various schemes to investors with different risk and return profile, and in this, one category is hybrid. These funds are offered to the investors who have a moderate risk appetite.
Some of the Kotak mutual funds under the hybrid category are discussed as under:
1. Kotak Equity Hybrid Fund (G) An open-ended balanced scheme whjch predominantly invests in the equity and equity-related securities and to provide a balance of income generation, it invests in debt and money-market securities. The current AUM of the fund is Rs 2,199 Cr as on April 30, 2018. The fund was launched in the year 1999, following the benchmark of NIFTY 50 Hybrid Composite and Debt 70:30 Index. It is managed by Mr Pankaj Tibrewal and Mr Abhishek Bisen.
Past Performance: The fund is performing consistently well from the last 6-7 years and outperforming its benchmark. It has provided the trailing returns of 12.03% in the past 5 years. The annualized return of the fund was 1.9% in 2015, 10.96% in 2016 and 23.19% in 2017.
2. Kotak Debt Hybrid Fund (G) With a total AUM of Rs 372 Cr as on April 30, 2018, the fund is investing its corpus amount in the debt securities and instruments. Kotak Debt Hybrid fund is suitable for the investors who want to seek regular income from their investments. It is managed by Mr Devender Singhal & Mr Abhishek Bisen. It is following the benchmark CRISIL MIP Blended Index. The fund was earlier known as Kotak Monthly Income Plan.
Past Performance: With a current NAV of Rs 29.2399 as on June 6, 2018, the fund has provided the returns of 9.32% in the past 5 years. The fund has beaten its benchmark in the past years to yield higher returns. It has provided the annualized returns of 5.43% in 2015, 12.96% in 2016, and 10.18% in 2017.
3. Kotak Equity Arbitrage Fund (G) The fund of Kotak MF invests predominantly in the cash and cash derivative segments of the equity market and the balance in debt and money-market securities to generate regular returns. Currently, the fund has an AUM of Rs 11,455 Cr as on Apr 30, 2018, which is managed by Mr Deepak Gupta. It follows the benchmark NIFTY 50 Arbitrage, and has NAV of Rs 25.1977 as on June 6, 2018.
Past Performance: The fund has provided the trailing returns of 7.36% in the last five years. The return of the fund in the year 2015 was 7.5%, 6.65% in 2016, and 5.84% in 2017.
The above funds of Kotak Mutual Fund are offering growth and dividend options to the investors. You may invest in the funds via lumpsum or SIP. You may also make contact with our experts for more information on these funds at MySIPonline.
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