Kotak Banking and PSU Debt Fund Direct Growth+0.05%

4
11.94%
1 Year Return
Debt
Banking & PSU
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Banking and PSU Debt Fund Direct Growth

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.29%
NAV49.86 (09 Jul 2020)
Fund Started01 Jan 2013
Fund Size6,163 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Banking and PSU Debt Fund Direct Growth
11.9%
9.3%
9.3%
9.4%
Category Average
10.3%
8.0%
8.3%
-
Rank within category
7
7
6
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 11.9% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio - 0.29%
    3. 1Y Returns are higher than the category average returns
    4. 3Y Returns are higher than the category average returns
    5. 5Y Returns are higher than the category average returns
    6. Exit load is zero
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec5.7%
    GOISovereignGOI Sec4.5%
    GOISovereignGOI Sec4.5%
    Food Corporation of IndiaFMCGBonds3.1%
    Export-Import Bank Of IndiaFinancialCD3.1%
    Bank Of BarodaFinancialBonds3.1%
    Indian BankFinancialDebenture3.0%
    GOISovereignGOI Sec2.8%
    Bank Of BarodaFinancialDebenture2.7%
    ICICI Bank Ltd.FinancialNCD2.1%
    See All

    Fund Managers

    addDeepak Agrawal
    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.
    Funds Managed

    Kotak Banking and PSU Debt Fund Direct Growth Details

    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 ₹6,163 Cr and the Latest NAV as of 09 Jul 2020 is ₹49.86.

    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.

    Investment Objective

    To generate income by predominantly investing in debt and money market securities issued by Banks and PSUs and Reverse repos in such securities. Sovereign securities issued by the Centre Government and State Governments and / or ant6 security unconditionally granted by the Govt. of India.

    Tax Implications

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

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Kotak Mahindra Mutual Fund

    Address
    27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400051
    Phone
    022 - 66384444
    Launch Date
    23 Jun 1998
    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,
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