Kotak Banking and PSU Debt Fund - Growth - Regular Plan

₹44.46 (-0.06%)Nav, as on 17-09-2019
Previous Nav
₹ 44.4899
Net Change on 17-09-2019
₹-0.03
PersonalFN Rating

2 PersonalFN
Category
Debt - Banking and PSU Fund
Assets (Cr.)
₹ 2,620.66
Expense Ratio
0.57%
(As on Aug 31, 2019)

Fund Overview Growth | Regular Plan

Fund House
Kotak Mahindra Mutual Fund
Launch Date
29-Dec-1998
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
39.82
52 Week Low Nav Date
26-Sep-2018
52 Week High Nav (₹)
44.56
52 Week High Nav Date
09-Sep-2019

Fund Objective

To generate income by predominantly investing in debt & money market securities issued by Banks, Public Sector Undertaking (PSUs), Public Financial Institutions (PFI), Municipal Bonds and Reverse repos in such securities, sovereign securities issued by the Central Government and State Governments, and/or any security unconditionally guaranteed by the Govt. of India.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Kotak Banking and PSU Debt - Growth	8.77	11.01	11.59	7.97	8.42	7.47
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL Banking and PSU Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Kotak Banking and PSU Debt - Growth	Dec 29, 1998		11.59	7.97	8.42	0.57	2,620.66
IDFC Banking & PSU Debt Fund-Regular Plan- Growth Option	Mar 07, 2013	Unrated	13.28	7.90	8.16	0.63	9,182.92
Axis Banking & PSU Debt Fund - Growth option	Jun 08, 2012		12.28	8.41	8.47	0.59	8,324.95
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth	May 05, 2008		11.10	7.65	9.07	0.65	8,281.87
ICICI Prudential Banking and PSU Debt Fund - Growth	Jan 01, 2010	Unrated	9.76	7.43	8.68	0.82	6,613.59
HDFC BANKING AND PSU DEBT FUND - Regular Plan - Growth Option	Mar 26, 2014	Unrated	11.07	7.56	8.58	0.81	3,403.42

Fund Holdings as on 31-August-2019

Company % Assets
Triparty Repo
6.19
Food Corporation of India
6.11
State Bank Of India.
5.71
Rural Electrification Corporation Ltd.
4.83
AXIS Bank Ltd.
4.54
ICICI Bank Ltd.
3.84
National Highways Authority Of India
3.81
Central Government - 2026
3.39
Net Current Assets/(Liabilities)
3.26
National Bank for Agriculture & Rural Development
2.97
Bank Of Baroda
2.73
ICICI Bank Ltd.
2.56
U P Power Corporation Ltd ( Guaranteed By UP State Government )
2.50
Power Finance Corporation Ltd.
2.33
Bank Of Baroda
2.14
Rural Electrification Corporation Ltd.
2.02
State Bank Of India.
2.01
Power Finance Corporation Ltd.
1.97
Power Finance Corporation Ltd.
1.97
National Thermal Power Corporation Ltd.
1.96
National Bank for Agriculture & Rural Development
1.94
State Bank Of India.
1.91
Bank Of Baroda
1.90
National Bank for Agriculture & Rural Development
1.82
Small Industries Development Bank Of India
1.80
State Government - 2023 - Assam
1.77
Small Industries Development Bank Of India
1.53
State Government - 2022 - Haryana
1.41
State Bank Of India.
1.32
Indian Railway Finance Corporation Ltd.
1.21
Indian Railway Finance Corporation Ltd.
1.01
Indian Railway Finance Corporation Ltd.
1.00
National Highways Authority Of India
1.00
State Government - 2023 - Rajasthan
0.99
State Government - 2024 - Assam
0.99
Small Industries Development Bank Of India
0.98
Rural Electrification Corporation Ltd.
0.98
Power Finance Corporation Ltd.
0.98
Rural Electrification Corporation Ltd.
0.97
Small Industries Development Bank Of India
0.93
Indian Railway Finance Corporation Ltd.
0.80
Power Finance Corporation Ltd.
0.77
Bank Of Baroda
0.77
ICICI Bank Ltd.
0.76
State Government - 2022 - Rajasthan
0.56
State Government - 2021 - Uttar Pradesh
0.52
Powergrid Vizag Transminssion Ltd. ( backed by unconditional and irrevocable guarantee by Powergrid Corp )
0.50
Rural Electrification Corporation Ltd.
0.38
Power Finance Corporation Ltd.
0.38
National Bank for Agriculture & Rural Development
0.35
Rural Electrification Corporation Ltd.
0.34
National Bank for Agriculture & Rural Development
0.28
Power Grid Corporation of India Ltd.
0.18
Small Industries Development Bank Of India
0.10
Power Finance Corporation Ltd.
0.04

Sector Holding%
Miscellaneous
73.64

About Kotak Banking and PSU Debt Fund

Scheme Analysis

Kotak Banking and PSU Debt Fund is a Debt - Banking and PSU Fund fund and belongs to Kotak Mahindra Mutual Fund. It was launched on 29-Dec-1998 and currently has an AUM of ₹2,620.66 crore. Kotak Banking and PSU Debt Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and CRISIL Banking and PSU Debt Index as secondary index.

The NAV of Kotak Banking and PSU Debt Fund ended down ₹-0.03(-0.06%)yesterday to ₹44.46.

Among its top 3 holdings the fund has exposure to Triparty Repo, Food Corporation of India and State Bank Of India.

The Kotak Banking and PSU Debt Fund is managed by Deepak Agrawal .

Fund House Contact

Address:

27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051

Phone Number: +91 (22) 66384400

Email Address: mutual@kotak.com

Fax Number: +91 (22) 66384455

Website: http://assetmanagement.kotak.com/

Fund Manager

Deepak Agrawal

Education:Post Graduate in Commerce from Mumbai University, a qualified chartered account and a company secretary. Also cleared AIMR CFA Level
Experience:14 Years
Basic Details:Mr. Deepak Agrawal's career has started from Kotak AMC when he joined the organization in December 2002, where he was initially in Research, Dealing and then moved into Fund Management from November 2006.
Funds Managed:
Kotak Banking and PSU Debt Fund
Kotak Bond - Short Term Plan
Kotak Corporate Bond Fund
Kotak Credit Risk Fund
Kotak Dynamic Bond Fund
Kotak Floating Rate Fund
Kotak Liquid Scheme
Kotak Low Duration Fund
Kotak Medium Term Fund
Kotak Money Market Scheme
Kotak Overnight Fund
Kotak Savings Fund

Holding Type Holding %
CARE AA
1.90
CARE AA+
1.53
CARE AAA
2.88
Cash
9.45
CRISIL A1+
5.48
CRISIL AA+
14.72
CRISIL AAA
37.03
CRISIL AAA(SO)
6.61
FITCH IND AA(SO)
2.50
FITCH IND AAA
2.14
ICRA AA+
3.84
ICRA AAA
2.30
SOV
9.63

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