|Min SIP Amount||₹1000|
|NAV||₹50.36 (22 Jan 2021)|
|Fund Started||29 Dec 1998|
|Fund Size||₹10,801 Cr|
|National Bank For Agriculture & Rural Development||Financial||Debenture||4.6%|
|State Bank of India||Financial||NCD||3.2%|
|Reserve Bank of India||Financial||T-Bills||3.2%|
|Export-Import Bank Of India||Financial||CD||3.0%|
|Indian Railway Finance Corpn. Ltd.||Financial||Debenture||2.4%|
|Power Finance Corpn. Ltd.||Financial||Debenture||2.2%|
|Export-Import Bank Of India||Financial||CP||2.1%|
|Axis Bank Ltd.||Financial||CD||2.0%|
|Reserve Bank of India||Financial||T-Bills||1.8%|
Kotak Banking and PSU Debt Fund Regular Growth is a Debt Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 29 Dec 1998. Deepak Agrawal is the Current Fund Manager of Kotak Banking and PSU Debt Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹10,801 Cr and the Latest NAV as of 22 Jan 2021 is ₹50.36.
The Kotak Banking and PSU Debt Fund Regular Growth is rated Moderate 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.