Kotak Banking and PSU Debt Fund Regular Growth+0.13%

10.80%
1 Year Return
Debt
Banking & PSU
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak Banking and PSU Debt Fund Regular Growth

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.74%
NAV49.78 (23 Oct 2020)
Fund Started29 Dec 1998
Fund Size9,277 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Kotak Banking and PSU Debt Fund Regular Growth
10.8%
9.0%
8.8%
7.6%
Category Average
10.1%
8.5%
8.4%
-
Rank within category
6
4
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. Age is more than 10 years
    2. Risk-adjusted returns are higher compared to the category
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    5. 5Y Returns are higher than the benchmark
    6. Exit load is zero
    7. Age is more than 10 years
    8. Risk-adjusted returns are higher compared to the category
    9. 1Y Returns are higher than the category average returns
    10. 3Y Returns are higher than the category average returns
    11. 5Y Returns are higher than the category average returns
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    State Bank of IndiaFinancialNCD4.6%
    GOISovereignGOI Sec4.3%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture3.3%
    GOISovereignGOI Sec3.0%
    GOISovereignGOI Sec3.0%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture2.7%
    Maharashtra StateOthersSDL2.2%
    State Bank of IndiaFinancialNCD2.1%
    Punjab National BankFinancialDebenture2.1%
    Reserve Bank of IndiaFinancialT-Bills2.1%
    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 Regular Growth Details

    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 ₹9,277 Cr and the Latest NAV as of 23 Oct 2020 is ₹49.78.

    The Kotak Banking and PSU Debt Fund Regular Growth 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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