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Kotak PSU Bank Exchange Traded Fund+2.09%

66.68%
1 Year Return
Others
Sectoral/Thematic
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Kotak PSU Bank Exchange Traded Fund

RiskVery High
Min SIP AmountNot Supported
Expense Ratio0.49%
NAV₹214.42 (09 Apr 2021)
Fund Started08 Nov 2007
Fund Size140 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
66.7%
-11.1%
-1.6%
-3.4%
Category Average
60.6%
5.5%
13.4%
-
Rank Within Category
5
17
17
-
*All returns are annualized.
SIP
Minimum SIP amount1
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 66.7% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Lower expense ratio - 0.49%
3. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
5. 10Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
State Bank of IndiaFinancialEquity31.8%
Bank Of BarodaFinancialEquity15.3%
Punjab National BankFinancialEquity14.7%
Canara BankFinancialEquity14.2%
Bank of IndiaFinancialEquity5.7%
Union Bank of IndiaFinancialEquity5.4%
Indian BankFinancialEquity3.5%
Indian Overseas BankFinancialEquity2.2%
Central Bank of IndiaFinancialEquity2.1%
Bank of MaharashtraFinancialEquity2.1%
See All

Fund Managers

Deepak Gupta
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Devender Singhal
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Satish Dondapati
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Kotak PSU Bank Exchange Traded Fund Details

Kotak PSU Bank Exchange Traded Fund is a Others Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 08 Nov 2007. Deepak Gupta is the Current Fund Manager of Kotak PSU Bank Exchange Traded Fund fund.The fund currently has an Asset Under Management(AUM) of ₹140 Cr and the Latest NAV as of 09 Apr 2021 is ₹214.42.

The Kotak PSU Bank Exchange Traded Fund is rated Very High risk. Minimum SIP Investment is set to 1.

Investment Objective

The objective of the scheme is to provide returns that correspond to the total returns of Nifty PSU Bank Index.

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
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
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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