Fund Details
Kotak Banking and PSU Debt Fund Direct Dividend Monthly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.34% |
| NAV | ₹10.54 (26 Nov 2020) |
|---|---|
| Fund Started | 11 Jan 2013 |
| Fund Size | ₹10,286 Cr |
Returns
as per Historical Returns
Comparison
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
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | Debenture | 4.9% |
| GOI | Sovereign | GOI Sec | 3.9% |
| State Bank of India | Financial | NCD | 3.4% |
| GOI | Sovereign | GOI Sec | 2.9% |
| GOI | Sovereign | GOI Sec | 2.7% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 2.5% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 2.3% |
| Axis Bank Ltd. | Financial | CD | 2.1% |
| Maharashtra State | Others | SDL | 2.0% |
| State Bank of India | Financial | NCD | 2.0% |
Fund Managers
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.
