Kotak Banking and PSU Debt Direct Growth - Latest NAV ₹51.6507, Returns, Performance & Portfolio

Kotak Banking and PSU Debt Direct Growth

  • highlight
    8.69%
  • highlight
    (--0.02)51.6507

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.47 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years8.69%
3 Years9.02%
1 Year9.21%
6 Months1.87%
Fund Details
ISININF174K01KH7
RiskLow to Moderate Risk
Fund TypeBanking & PSU
NAV51.6507
Exit Load--

More about this fundstar

Top HoldingsWeightage
182 DTB 030620213.57%
6.79% Govt Stock 20273.57%
State Bank of India3.5%
Indian Railway Finance Corporation Limited2.61%
7.33% Govt Stock 20312.42%
GOVT STOCK1.94%
Allahabad Bank1.83%
Rural Electrification Corporation Limited1.83%
7.59% Govt Stock 20261.82%
Bank of Baroda1.68%

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.

iii) Redemption

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

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.47 Lakhs in a period of 20 years
Low to Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns