|Min SIP Amount||Not Supported|
|NAV||₹146.87 (10 Jul 2020)|
|Fund Started||08 Nov 2007|
|Fund Size||₹24 Cr|
|State Bank of India||Financial||Equity||26.2%|
|Bank Of Baroda||Financial||Equity||19.0%|
|Punjab National Bank||Financial||Equity||12.5%|
|Bank of India||Financial||Equity||6.7%|
|Union Bank of India||Financial||Equity||6.5%|
|Central Bank of India||Financial||Equity||3.3%|
|Indian Overseas Bank||Financial||Equity||2.7%|
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 ₹24 Cr and the Latest NAV as of 10 Jul 2020 is ₹146.87.
The Kotak PSU Bank Exchange Traded Fund is rated High risk. Minimum SIP Investment is set to 1.
The investment objective of the scheme is to provide returns that closely correspond to the total returns of CNX PSU Bank Index, subject to tracking errors.
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.