Kotak Banking & Financial Services Fund Direct Growth

Equity
Sectoral
Very High Risk
1M
6M
1Y
All
NAV: 11 Dec 2024₹15.35
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 returns4.8%13.4%22.5%52.6%
Category averageNANA16.7%NA
Rank with in category786NA
Understand terms

Holdings (30)

NameSectorInstrumentAssets
FinancialEquity18.84%
FinancialEquity17.58%
FinancialEquity6.91%
FinancialEquity6.31%
FinancialEquity4.45%
FinancialEquity3.86%
FinancialEquity3.83%
InsuranceEquity2.96%
FinancialEquity2.59%
FinancialEquity2.38%
FinancialEquity2.29%
FinancialEquity2.14%
FinancialEquity2.08%
FinancialEquity2.04%
FinancialEquity1.97%
FinancialEquity1.92%
FinancialEquity1.68%
FinancialEquity1.63%
FinancialEquity1.54%
InsuranceEquity1.50%
FinancialEquity1.39%
FinancialEquity1.21%
FinancialEquity1.19%
InsuranceEquity1.12%
FinancialEquity1.11%
FinancialEquity1.03%
FinancialEquity0.89%
FinancialEquity0.75%
FinancialEquity0.50%
FinancialEquity0.48%
See All

Expense ratio, exit load and tax

Expense ratio: 0.68%

Inclusive of GST

Exit load

Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

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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