Groww Logo
Home>Mutual Funds>Kotak Mahindra Mutual Fund>Kotak Banking and PSU Debt Fund Direct Growth

Kotak Banking and PSU Debt Fund Direct Growth

Debt
Banking and PSU
Moderate Risk
7.50%
3Y annualised
-0.05% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 May 2022₹53.86
Min. SIP amount₹1,000
Rating4
Fund size₹7,844.69Cr

Returns and rankings

Category: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.3%7.5%7.5%8.4%
Category average4.4%8.4%7.7%NA
Rank with in category455NA
Understand terms

Holdings (69)

NameSectorInstrumentAssets
GOI
SovereignGOI FRB7.9%
State Bank of IndiaFinancialAdditional Tier 2 Bo3.7%
Small Industries Devp. Bank of India Ltd.
FinancialCP3.2%
National Bank For Agriculture & Rural Development
FinancialNCD3.0%
Reserve Bank of India
FinancialT-Bills2.8%
GOI
SovereignGOI Sec2.6%
Power Finance Corporation Ltd.FinancialNCD2.6%
Bank Of Baroda
FinancialCD2.2%
Indian Bank
FinancialCD2.2%
National Bank For Agriculture & Rural Development
FinancialDebenture2.2%
See All

Pros and cons

Category: Debt Banking and PSU

Pros

1Y annualised returns higher than category average by 0.37%
Exit load is zero
Lower expense ratio: 0.37%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Consistently top ranked fund

Cons

3Y and 5Y annualised returns lower than category average

Expense ratio, exit load and tax

Expense ratio: 0.36%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Deepak Agrawal
Jan 2013 - Present
View details

Education
Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.
Experience
He has been associated with Kotak AMC since 2000.
Also manages these schemes

Vihag Mishra
Nov 2021 - Present
View details

Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
27 BKC, C-27, G Block,Bandra Kurla Complex,Bandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
Amc Image
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Compare funds

Kotak Banking and PSU Debt Fund Direct Growth
VS
Add mutual fund to compare

FAQs

How to Invest in Kotak Banking and PSU Debt Fund Direct Growth?

You can easily invest in Kotak Banking and PSU Debt Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Kotak Banking and PSU Debt Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Kotak Banking and PSU Debt Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Kotak Banking and PSU Debt Fund Direct Growth provide?

The Kotak Banking and PSU Debt Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 3.33% since its inception.

How much expense ratio is charged by Kotak Banking and PSU Debt Fund Direct Growth?

The term Expense Ratio used for Kotak Banking and PSU Debt Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Kotak Banking and PSU Debt Fund Direct Growth is 0.36% as of 24 May 2022...

What is the AUM of Kotak Banking and PSU Debt Fund Direct Growth?

The AUM, short for Assets Under Management of Kotak Banking and PSU Debt Fund Direct Growth is ₹7,844.69Cr as of 24 May 2022.

How to Redeem Kotak Banking and PSU Debt Fund Direct Growth?

If you want to sell your Kotak Banking and PSU Debt Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Kotak Banking and PSU Debt Fund Direct Growth?

You can select either SIP or Lumpsum investment of Kotak Banking and PSU Debt Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Kotak Banking and PSU Debt Fund Direct Growth?

The NAV of Kotak Banking and PSU Debt Fund Direct Growth is ₹53.86 as of 20 May 2022.

What is the PE and PB ratio of Kotak Banking and PSU Debt Fund Direct Growth?

The PE ratio ratio of Kotak Banking and PSU Debt Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 2.3.9
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI