Kotak Banking & Financial Services Fund Direct Growth

Equity
Sectoral
Very High Risk
1M
6M
1Y
All
NAV: 10 Jan 2025₹13.96
Min. SIP amount₹100
RatingNA
Fund size₹997.35Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Sectoral
Absolute returns
3M6M1YAll
Fund returns-0.8%0.4%15.9%47.1%
Category averageNANA5.5%NA
Rank with in category9147NA
Understand terms

Holdings (30)

NameSectorInstrumentAssets
FinancialEquity18.38%
FinancialEquity18.02%
FinancialEquity7.24%
FinancialEquity7.22%
FinancialEquity4.38%
FinancialEquity4.26%
FinancialEquity3.99%
FinancialEquity2.98%
FinancialEquity2.36%
FinancialEquity2.05%
FinancialEquity2.04%
FinancialEquity1.90%
FinancialEquity1.83%
FinancialEquity1.75%
FinancialEquity1.68%
FinancialEquity1.53%
FinancialEquity1.52%
InsuranceEquity1.33%
FinancialEquity1.30%
FinancialEquity1.29%
FinancialEquity1.26%
FinancialEquity1.24%
FinancialEquity1.15%
FinancialEquity1.11%
FinancialEquity1.05%
FinancialEquity1.04%
FinancialEquity0.70%
InsuranceEquity0.68%
FinancialEquity0.47%
FinancialEquity0.42%
See All

Expense ratio, exit load and tax

Expense ratio: 0.68%

Inclusive of GST

Exit load

0.5% for redemption within 30 Days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Abhishek Bisen
Feb 2023 - Present
View details

Education
Mr. Bisen is a BA and MBA in Finance.
Experience
Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
Also manages these schemes

Shibani Sircar Kurian
Feb 2023 - Present
View details

Education
Ms. Kurian has done PGDM (Specialization in Finance), BSc (Hons)-Economics
Experience
Prior to joining Kotak AMC, she was working with Dawnay Day AV India Advisors Pvt Ltd and UTI AMC.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla ComplexBandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
E-mail
NA
Website
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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