| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.34% |
| NAV | ₹50.16 (28 Sep 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹9,132 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| State Bank of India | Financial | NCD | 4.7% |
| GOI | Sovereign | GOI Sec | 4.3% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 3.4% |
| GOI | Sovereign | GOI Sec | 3.0% |
| GOI | Sovereign | GOI Sec | 3.0% |
| Maharashtra State | Others | SDL | 2.9% |
| GOI | Sovereign | GOI Sec | 2.8% |
| Reserve Bank of India | Financial | T-Bills | 2.7% |
| GOI | Sovereign | GOI Sec | 2.7% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 2.3% |
Kotak Banking and PSU Debt Fund Direct Growth is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Deepak Agrawal is the Current Fund Manager of Kotak Banking and PSU Debt Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹9,132 Cr and the Latest NAV as of 28 Sep 2020 is ₹50.16.
The Kotak Banking and PSU Debt Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate income by predominantly investing in debt & money market securities issued by Banks, Public Sector Undertaking (PSUs), Public Financial Institutions (PFI), Municipal Bonds and Reverse repos in such securities, sovereign securities issued by the Central Government and State Governments, and/or any security unconditionally guaranteed by the Govt. of India.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.