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Kotak Banking & PSU Debt Direct Growth
DebtBanking & PSULow to Moderate Risk
Direct
NAV (21-Nov-24)
₹64.610.01%1D
Returns (Since Inception)
8.20%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹5,697 Cr
Expense Ratio
0.39%
ISIN
INF174K01KH7
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Kotak Banking & PSU Debt Direct Growth is a Banking & PSU mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹64.61, Assets Under Management (AUM) of 5697.15 Crores, and an expense ratio of 0.39%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹64.61, Assets Under Management (AUM) of 5697.15 Crores, and an expense ratio of 0.39%.
- Kotak Banking & PSU Debt Direct Growth has given a CAGR return of 8.20% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 96.08% in debts, and 3.65% in cash & cash equivalents.
- You can start investing in Kotak Banking & PSU Debt Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.58%
+7.13% (Cat Avg.)
3 Years
+6.41%
+5.49% (Cat Avg.)
5 Years
+6.92%
+5.92% (Cat Avg.)
10 Years
+7.89%
+6.27% (Cat Avg.)
Since Inception
+8.20%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Debt | ₹5,473.59 Cr | 96.08% |
| Others | ₹223.56 Cr | 3.92% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹515.02 Cr | 9.04% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹348.96 Cr | 6.13% |
| Power Finance Corp Ltd. 0.076% | Bond - Corporate Bond | ₹333.23 Cr | 5.85% |
| National Housing Bank | Bond - Corporate Bond | ₹276.71 Cr | 4.86% |
| 7.93% Govt Stock 2033 | Bond - Gov't/Treasury | ₹241.18 Cr | 4.23% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹234.45 Cr | 4.12% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹212.54 Cr | 3.73% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹184.12 Cr | 3.23% |
| Net Current Assets/(Liabilities) | Cash | ₹161.39 Cr | 2.83% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹156.69 Cr | 2.75% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹153.92 Cr | 2.70% |
| State Bank Of India | Bond - Corporate Bond | ₹140 Cr | 2.46% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹136.8 Cr | 2.40% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹126.15 Cr | 2.21% |
| Punjab National Bank | Bond - Corporate Bond | ₹108.83 Cr | 1.91% |
| 7.53% Govt Stock 2034 | Bond - Gov't/Treasury | ₹106.15 Cr | 1.86% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹100.68 Cr | 1.77% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹100.55 Cr | 1.76% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹99.74 Cr | 1.75% |
| Union Bank Of India | Bond - Corporate Bond | ₹97.82 Cr | 1.72% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹86.38 Cr | 1.52% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹81.37 Cr | 1.43% |
| Food Corporation Of India | Bond - Corporate Bond | ₹77.08 Cr | 1.35% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹76.49 Cr | 1.34% |
| Nuclear Power Corporation Of India Limited | Bond - Corporate Bond | ₹76.01 Cr | 1.33% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹75.02 Cr | 1.32% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹71.11 Cr | 1.25% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹65.41 Cr | 1.15% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹61.87 Cr | 1.09% |
| Rec Limited | Bond - Corporate Bond | ₹57.87 Cr | 1.02% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹52.24 Cr | 0.92% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹51.41 Cr | 0.90% |
| Food Corporation Of India | Bond - Corporate Bond | ₹50.59 Cr | 0.89% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹50.36 Cr | 0.88% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹50.29 Cr | 0.88% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹50.25 Cr | 0.88% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹50.18 Cr | 0.88% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹49.86 Cr | 0.88% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹47.35 Cr | 0.83% |
| Triparty Repo | Cash - Repurchase Agreement | ₹46.58 Cr | 0.82% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹46.35 Cr | 0.81% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹41 Cr | 0.72% |
| Maharashtra (Government of) 0.0763% | Bond - Sub-sovereign Government Debt | ₹39.83 Cr | 0.70% |
| Dme Development Limited | Bond - Corporate Bond | ₹32.22 Cr | 0.57% |
| Dme Development Limited | Bond - Corporate Bond | ₹32.19 Cr | 0.57% |
| Dme Development Limited | Bond - Corporate Bond | ₹32.05 Cr | 0.56% |
| Dme Development Limited | Bond - Corporate Bond | ₹32.03 Cr | 0.56% |
| Dme Development Limited | Bond - Corporate Bond | ₹32 Cr | 0.56% |
| Dme Development Limited | Bond - Corporate Bond | ₹31.82 Cr | 0.56% |
| Dme Development Limited | Bond - Corporate Bond | ₹31.7 Cr | 0.56% |
| Dme Development Limited | Bond - Corporate Bond | ₹31.47 Cr | 0.55% |
| Dme Development Limited | Bond - Corporate Bond | ₹31.33 Cr | 0.55% |
| Dme Development Limited | Bond - Corporate Bond | ₹31.14 Cr | 0.55% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹26.13 Cr | 0.46% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.2 Cr | 0.44% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.12 Cr | 0.44% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.05 Cr | 0.44% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.04 Cr | 0.44% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹20.02 Cr | 0.35% |
| SBI ALTERNATIVE INVESTMENT FUND | Mutual Fund - Open End | ₹15.59 Cr | 0.27% |
| Bank Of Baroda | Bond - Corporate Bond | ₹12.97 Cr | 0.23% |
| Rec Limited | Bond - Corporate Bond | ₹5.29 Cr | 0.09% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹4.85 Cr | 0.09% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹2.65 Cr | 0.05% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹1.02 Cr | 0.02% |
| 06.46 GJ Sdl 2030 | Bond - Gov't/Treasury | ₹0.43 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹4,244.11 Cr | 74.50% |
| Bond - Gov't/Treasury | ₹1,189.65 Cr | 20.88% |
| Cash | ₹161.39 Cr | 2.83% |
| Cash - Repurchase Agreement | ₹46.58 Cr | 0.82% |
| Bond - Sub-sovereign Government Debt | ₹39.83 Cr | 0.70% |
| Mutual Fund - Open End | ₹15.59 Cr | 0.27% |
| Cash - CD/Time Deposit | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
1.11%
Cat. avg.
1.50%
Lower the better
Sharpe Ratio
This fund
0.26
Cat. avg.
-0.52
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.41
Higher the better
Fund Managers
DA
Deepak Agrawal
Since August 2008
Abhishek Bisen
Since November 2022
Additional Scheme Detailsas of 31st October 2024
ISIN INF174K01KH7 | Expense Ratio 0.39% | Exit Load No Charges | Fund Size ₹5,697 Cr | Age 11 years 10 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark CRISIL Banking and PSU Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Banking & PSU Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹13429.06 Cr | 7.9% |
| Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹13429.06 Cr | 7.6% |
| Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹586.11 Cr | 7.7% |
| Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹586.11 Cr | 8.1% |
| PGIM India Banking and PSU Debt fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹45.38 Cr | 6.8% |
| PGIM India Banking and PSU Debt fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹45.38 Cr | 6.6% |
| Canara Robeco Banking and PSU Debt Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹247.92 Cr | 7.7% |
| Canara Robeco Banking and PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹247.92 Cr | 8.1% |
| Tata Banking & PSU Debt Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹207.53 Cr | 7.0% |
| Tata Banking & PSU Debt Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹207.53 Cr | 6.5% |
About the AMC
Kotak Mahindra Mutual Fund
Total AUM
₹5,12,585 Cr
Address
2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051
Other Funds by Kotak Mahindra Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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We're here to help.
What is the current NAV of Kotak Banking & PSU Debt Direct Growth?
The NAV of Kotak Banking & PSU Debt Direct Growth, as of 21-Nov-2024, is ₹64.61.
What are the returns of Kotak Banking & PSU Debt Direct Growth?
The fund has generated 8.58% over the last 1 year and 6.41% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Kotak Banking & PSU Debt Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 96.08% in bonds, and 3.65% in cash and cash equivalents.
Who manages the Kotak Banking & PSU Debt Direct Growth?
The fund managers responsible for Kotak Banking & PSU Debt Direct Growth are:-
- Deepak Agrawal
- Abhishek Bisen
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.