|Min SIP Amount||Not Supported|
|NAV||₹214.42 (09 Apr 2021)|
|Fund Started||08 Nov 2007|
|Fund Size||₹140 Cr|
|State Bank of India||Financial||Equity||31.8%|
|Bank Of Baroda||Financial||Equity||15.3%|
|Punjab National Bank||Financial||Equity||14.7%|
|Bank of India||Financial||Equity||5.7%|
|Union Bank of India||Financial||Equity||5.4%|
|Indian Overseas Bank||Financial||Equity||2.2%|
|Central Bank of India||Financial||Equity||2.1%|
|Bank of Maharashtra||Financial||Equity||2.1%|
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.
The objective of the scheme is to provide returns that correspond to the total returns of Nifty PSU Bank Index.
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.