|Min SIP Amount||Not Supported|
|NAV||₹182.20 (22 Jan 2021)|
|Fund Started||08 Nov 2007|
|Fund Size||₹61 Cr|
|State Bank of India||Financial||Equity||28.6%|
|Punjab National Bank||Financial||Equity||15.2%|
|Bank Of Baroda||Financial||Equity||14.1%|
|Union Bank of India||Financial||Equity||5.4%|
|Bank of India||Financial||Equity||4.3%|
|Central Bank of India||Financial||Equity||2.0%|
|Indian Overseas Bank||Financial||Equity||1.7%|
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 ₹61 Cr and the Latest NAV as of 22 Jan 2021 is ₹182.20.
The Kotak PSU Bank Exchange Traded Fund is rated 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.