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Kotak Banking and PSU Debt Fund Direct Growth+0.03%

10.27%
1 Year Return
Debt
Banking & PSU
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Banking and PSU Debt Fund Direct Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.34%
NAV₹51.54 (21 Jan 2021)
Fund Started01 Jan 2013
Fund Size10,801 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
10.3%
9.5%
9.1%
9.4%
Category Average
9.1%
8.6%
8.3%
-
Rank Within Category
7
4
3
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 10.3% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.34%
2. Exit load is zero
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
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
National Bank For Agriculture & Rural DevelopmentFinancialDebenture4.6%
GOISovereignGOI Sec3.6%
State Bank of IndiaFinancialNCD3.2%
Reserve Bank of IndiaFinancialT-Bills3.2%
Export-Import Bank Of IndiaFinancialCD3.0%
Indian Railway Finance Corpn. Ltd.FinancialDebenture2.4%
Power Finance Corpn. Ltd.FinancialDebenture2.2%
Export-Import Bank Of IndiaFinancialCP2.1%
Axis Bank Ltd.FinancialCD2.0%
Reserve Bank of IndiaFinancialT-Bills1.8%
See All

Fund Managers

Deepak Agrawal
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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 ₹10,801 Cr and the Latest NAV as of 21 Jan 2021 is ₹51.54.

The Kotak Banking and PSU Debt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.

Investment Objective

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.

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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