Kotak Balanced Advantage Fund vs UNIFI DYNAMIC ASSET ALLOCATION FUND
Kotak Balanced Advantage Fund and UNIFI DYNAMIC ASSET ALLOCATION FUND are both Balanced Advantage funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +10.57% vs —, 5-year CAGR +9.38% vs —, volatility 9.40% vs 0.75%, maximum drawdown −26.32% vs −0.17%. Their portfolios overlap by -3.7% (66 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Kotak Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Unifi Mutual Fund |
| Compared as | Balanced Advantage | Balanced Advantage |
| NAV | ₹23.5500 | ₹11.4478 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 10 Aug 2018 | 17 Mar 2025 |
| Track record | 8.2 yrs | 1.6 yrs |
| Fund size (AUM) | ₹15,577 Cr | ₹1,478 Cr |
| Securities held | 201 | 143 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Kotak Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| 1 month | +4.64% | +0.69% |
| 3 months | +0.37% | +2.25% |
| 6 months | +4.04% | +4.71% |
| 1 year | +3.89% | +8.75% |
| 3 years (CAGR) | +10.57% | — |
| 5 years (CAGR) | +9.38% | — |
| 7 years (CAGR) | +11.16% | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +10.92% | +8.56% |
| SIP return (XIRR, 5 years) ⓘ | +9.45% | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Kotak Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| 2026 (year to date) | +2.61% | +7.40% |
| 2025 | +7.13% | — |
| 2024 | +15.67% | — |
| 2023 | +17.42% | — |
| 2022 | +5.06% | — |
| 2021 | +14.43% | — |
Risk
| Kotak Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| Volatility (annualised) ⓘ | 9.40% | 0.75% |
| Downside volatility ⓘ | 6.73% | 0.27% |
| Sharpe ratio ⓘ | 0.43 | 2.73 |
| Sortino ratio ⓘ | 0.61 | 7.56 |
| Maximum drawdown ⓘ | −26.32% | −0.17% |
| Recovery from that fall | 4 months | 0 months |
| Current fall from peak | 0.00% | 0.00% |
| Rolling 1-year return: worst | −17.67% | +7.09% |
| Rolling 1-year return: median | +11.35% | +8.06% |
| Rolling 1-year return: best | +58.64% | +8.79% |
| Share of 1-year periods with a loss | 4.37% | 0.00% |
Against each fund's benchmark
| Kotak Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| Beta ⓘ | 0.61 | 0.02 |
| Alpha (Jensen's, annualised) ⓘ | +1.14% | +1.53% |
| R² ⓘ | 94.43 | 14.91 |
| Upside capture | 72.29% | 26.10% |
| Downside capture | 54.66% | -18.27% |
| Tracking error | 6.24% | 14.49% |
| Information ratio | 0.13 | 0.58 |
| Treynor ratio | 4.52 | 85.69 |
Portfolio
Asset mix
| Kotak Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| Equity | 24.63% | 36.08% |
| Debt | 19.39% | 52.03% |
| Cash & equivalents | 7.87% | 11.90% |
| REITs / InvITs | 3.44% | 0.00% |
| Mutual Fund Units | 0.54% | 0.00% |
Market-cap split (share of fund assets)
| Kotak Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| Large Cap | 8.38% | 28.56% |
| Mid Cap | 6.52% | 3.65% |
| Small Cap | 9.20% | 3.66% |
| Unclassified | 0.53% | 0.19% |
Concentration
| Kotak Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| Top 10 holdings | 18.64% | 29.95% |
| Effective number of stocks ⓘ | 133.2 | 64.6 |
| Securities held | 201 | 143 |
Portfolio overlap: -3.7%
66 companies are held by both funds; by weight, -3.7% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | Kotak Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION |
|---|---|---|
| Kotak Mahindra Bank Limited | 1.25% | 0.51% |
| Torrent Pharmaceuticals Limited | 0.52% | 0.31% |
| HDFC Life Insurance Company Limited | 0.29% | 0.70% |
| Coal India Limited | 0.38% | 0.24% |
| Power Finance Corporation Limited | 0.46% | 0.23% |
| InterGlobe Aviation Limited | 0.92% | 0.22% |
| Tata Motors Passenger Vehicles Limited | 0.18% | 0.39% |
| Adani Energy Solutions Limited | 0.26% | 0.17% |
| NTPC Limited | 0.70% | 0.14% |
| Larsen & Toubro Limited | 1.99% | 0.14% |
| GE Vernova T&D India Limited | 1.17% | 0.11% |
| Life Insurance Corporation Of India | 0.37% | 0.09% |
| Ashok Leyland Limited | 0.09% | 0.42% |
| DLF Limited | 0.15% | 0.09% |
| Bharat Heavy Electricals Limited | 0.46% | 0.05% |
Top 10 holdings
Kotak Balanced Advantage
- 7.34% GOI MAT 2204645.67%
- Larsen & Toubro Limited1.99%
- Solar Industries India Limited1.67%
- Power Finance Corporation Ltd.1.49%
- Infosys Limited1.48%
- Eternal Limited1.35%
- JTPM Metal Traders Limited1.30%
- Sansera Engineering Limited1.27%
- Kotak Mahindra Bank Limited1.25%
- GE Vernova T&D India Limited1.17%
UNIFI DYNAMIC ASSET ALLOCATION
- 9.45% Vedanta Limited4.11%
- 9.75% Shrem Infra Invest Pvt Ltd 15-MAY-20283.79%
- Government of India (10/04/2028)3.76%
- GMR Airports Ltd.3.26%
- HDFC Bank Limited3.22%
- JSW Kalinga Steel Ltd.2.82%
- 10.00% GMR Goa International Airport Ltd. 27-SEP-20432.69%
- 0.00% Jubilant Bevco Ltd (31-May-2028)2.28%
- 10.80% Namdev Finvest Limited 18-OCT-20292.02%
- 6.94% Government of India (11/05/2036)2.00%
Sector exposure
| Kotak Balanced Advantage | UNIFI DYNAMIC ASSET ALLOCATION | |
|---|---|---|
| Banks | -0.30% | 10.11% |
| Sovereign | 7.87% | 6.08% |
| CRISIL AA+ | 0.36% | 5.79% |
| CRISIL AA | 1.30% | 5.10% |
| CARE A- | 0.00% | 4.71% |
| CRISIL AA- | 0.00% | 4.54% |
| CRISIL A+ | 0.00% | 4.32% |
| CRISIL AAA | 4.28% | 0.50% |
| IND AA | 0.03% | 3.79% |
| IND A- | 0.00% | 3.65% |
| Realty | 3.47% | 0.15% |
| Auto Components | 3.13% | 0.16% |
| Finance | 0.87% | 3.08% |
| CARE BBB+ | 0.00% | 2.86% |
Questions people ask
What is the difference between Kotak Balanced Advantage and UNIFI DYNAMIC ASSET ALLOCATION returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +3.89% vs +8.75%; 3-year CAGR +10.57% vs —; 5-year CAGR +9.38% vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Kotak Balanced Advantage and UNIFI DYNAMIC ASSET ALLOCATION compare on risk?
Volatility (36 monthly returns, annualised) 9.40% vs 0.75%; Sharpe ratio 0.43 vs 2.73; Sortino ratio 0.61 vs 7.56; maximum drawdown −26.32% vs −0.17%; beta 0.61 vs 0.02.
How much do Kotak Balanced Advantage and UNIFI DYNAMIC ASSET ALLOCATION overlap?
By weight, -3.7% of the two portfolios is invested in the same companies; 66 stocks are held by both, the largest shared positions being Kotak Mahindra Bank Limited, Torrent Pharmaceuticals Limited, HDFC Life Insurance Company Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Kotak Balanced Advantage and UNIFI DYNAMIC ASSET ALLOCATION?
Kotak Balanced Advantage: large cap 8.4%, mid cap 6.5%, small cap 9.2%. UNIFI DYNAMIC ASSET ALLOCATION: large cap 28.6%, mid cap 3.7%, small cap 3.7% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.