|Min SIP Amount||Not Supported|
|NAV||₹10.54 (26 Nov 2020)|
|Fund Started||29 Dec 1998|
|Fund Size||₹10,286 Cr|
|National Bank For Agriculture & Rural Development||Financial||Debenture||4.9%|
|State Bank of India||Financial||NCD||3.4%|
|Indian Railway Finance Corpn. Ltd.||Financial||Debenture||2.5%|
|Power Finance Corpn. Ltd.||Financial||Debenture||2.3%|
|Axis Bank Ltd.||Financial||CD||2.1%|
|State Bank of India||Financial||NCD||2.0%|
Kotak Banking and PSU Debt Fund Regular Dividend Monthly 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 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 Regular Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 1000.
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.