Kotak Banking and PSU Debt Direct Growth
Net Asset Value
AUM (Fund size)
0 % for 0 days
|7.59% Govt Stock 2026||7.27%|
|Export-Import Bank Of India||5.41%|
|State Bank of India||3.64%|
|National Bank For Agriculture And Rural Development||2.98%|
|National Bank For Agriculture And Rural Development||2.7%|
|Power Finance Corporation Limited||2.56%|
|HDFC Bank Limited||2.47%|
|National Bank For Agriculture And Rural Development||2.45%|
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About Kotak Banking and PSU Debt Fund
Kotak Banking and PSU Debt Fund is an open-ended debt scheme which has the objective to generate income by predominantly investing in debt and money market instruments of banks, PSUs, and reverse repos, the sovereign securities issued by the Central and state governments, and other securities that are unconditionally guaranteed by the government.
Pros and Cons of Kotak Banking and PSU Debt Fund
The risk-adjusted returns of the fund are higher than the other funds in the category. Also, the one-year, three-year, and five-year returns have been higher than the category average returns. The exit load for the fund is stated to be nil.
Fund Information and Statistics
i) Inception/Launch Date
Kotak Banking and PSU Debt Fund was rolled out on 29 December 1998.
ii) Risk Level
The fund is associated with a moderately low risk profile since the investment made is held for a short- to medium-term and is invested majorly in debt and money market instruments.
No lock-in period is applicable to the principal invested on the fund. Since there is no exit load, you can redeem the fund units at any time.
iv) Fund Manager
The Fund Manager for Kotak Banking and PSU Debt Fund is Mr Deepak Agarwal.
v) Entry/Exit Load
Kotak Banking and PSU Debt Fund does not include both entry and exit load on the purchase and redemption of the fund units.
About Kotak Mahindra Mutual Fund
Kotak Mahindra Mutual Fund was incorporated on 5 August 1994 and got registered with SEBI on 23 June 1998. The sponsor of the fund house is Kotak Mahindra Bank Limited and the trustee company is Kotak Mahindra Trustee Corporation Limited. As on 30 June 2020, the average assets under management (AAUM) of the fund house is Rs.1,67,324.26 crore.
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Frequently Asked Questions
What are equity funds?
Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization
What is recommended investment duration?
It is the suggested period for which one should invest in a mutual fund. It does not mean that the money will be locked-in for that period. While the investor can withdraw the money anytime before, it is advisable to stay invested for the suggested period to reap the best benefits (returns).
What are large cap, mid cap, small cap and multi cap equity funds?
SEBI ranks all listed companies based on the overall market capitalization (total value of outstanding shares). Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization. Large-cap funds invest in top 100 companies Mid-cap funds invest in companies ranking from 101 to 250 Small-cap funds invest in companies ranking from 251st onwards Multi-cap funds invest in small cap, mid cap and large cap companies
What are liquid funds?
Liquid funds is a type of mutual funds which have a very short maturity period, not more than 91 days. The shorter maturity period, makes it almost a risk-free investment. Investing in mutual funds will give you higher returns as compared to a savings account which generally offer interests below 4%. At the same time, you can get your money out of liquid funds any time without any penalty or cost.
What are ELSS funds?
ELSS funds are tax saving mutual funds, in which majority of the funds are invested in equity schemes. ELSS has a lock-in period of 3 years. ELSS has benefits over other conventional tax saving instruments like FDs, NPS, etc. It has the lowest lock in period and the returns are higher than the other tax-saving schemes.
What are Balanced/ Hybrid funds?
Hybrid funds are mutual funds in which the fund manager allocates your money in both equity and debt in a certain ratio. The ratio is decided when the fund is announced and it remains constant throughout.
What are annualized returns?
The return for a period more than 1 year is annualized. For instance, a 3-Year Return (annualized) of 18% means the fund gave 18% return each year, on an average, for the last 3 years. An initial investment of Rs 1000 would have grow into: Rs 1000*1.18*1.18*1.18 = Rs 1643 in 3 years.
What is a lock-in period?
It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options.
Should I choose Monthly SIP or One time investment?
An SIP allows you to invest a fixed sum regularly in mutual fund(s) of your choice. A one-time investment is when you invest on-time in bulk in mutual fund(s). SIP comes with few advantages: It allows you to invest small amount every month without the stress of paying in bulk. Investing all through the year averages the cost of investing - you don?t end up paying too much per unit of mutual fund. Gives you financial discipline
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Will the NAV be alloted on the same day as the date of payment?
Once the payment is successful and the KYC is complete, the NAV allocation is expected to be done by the next working day of the date of payment. In case of bank and trading market holidays, delay in allocation is expected from the Fund Houses
How much time will it take to get the folio number after the payment?
It takes 2-3 working days to get the folio number once we receive the payment and transaction is processed to the respective Fund House.
What are short terms funds?
Short term funds are mainly those funds which invest in instruments with short maturities, ranging from 1-3 years. These are ideal for conservative investors as they are not majorly affected by interest rate movement.
What are debt-funds?
Debt funds is an investment vehicle that mainly invest in fixed income securities like corporate bonds, treasury bills, government securities and other money market instruments.
What are Bluechip funds?
Bluechip funds are those funds that invest in stocks of well established companies which have proved to perform financially well over a long period of time.