Kotak Banking and PSU Debt Fund Direct Dividend Monthly+0.11%

10.82%
1 Year Return
Debt
Banking & PSU
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Banking and PSU Debt Fund Direct Dividend Monthly

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.34%
NAV10.54 (26 Nov 2020)
Fund Started11 Jan 2013
Fund Size10,286 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
10.8%
9.6%
9.2%
9.5%
Category Average
9.8%
8.6%
8.5%
-
Rank Within Category
9
5
3
-
*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 10.8% annual returns

    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 DevelopmentFinancialDebenture4.9%
    GOISovereignGOI Sec3.9%
    State Bank of IndiaFinancialNCD3.4%
    GOISovereignGOI Sec2.9%
    GOISovereignGOI Sec2.7%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture2.5%
    Power Finance Corpn. Ltd.FinancialDebenture2.3%
    Axis Bank Ltd.FinancialCD2.1%
    Maharashtra StateOthersSDL2.0%
    State Bank of IndiaFinancialNCD2.0%
    See All

    Fund Managers

    Deepak Agrawal
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    Kotak Banking and PSU Debt Fund Direct Dividend Monthly Details

    Kotak Banking and PSU Debt Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 11 Jan 2013. Deepak Agrawal is the Current Fund Manager of Kotak Banking and PSU Debt Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹10,286 Cr and the Latest NAV as of 26 Nov 2020 is ₹10.54.

    The Kotak Banking and PSU Debt Fund Direct Dividend Monthly is rated Moderately Low 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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