Kotak Banking and PSU Debt Fund - Growth - Regular Plan

Item: Kotak Banking and PSU Debt Fund - Growth - Regular Plan
Rating: 3
Author: PersonalFN

₹50.7071 0.08 %Nav, as on 05-05-2021
Previous Nav
₹ 50.6641
Net Change on 05-05-2021
₹0.04
PersonalFN Rating
Category
Debt - Banking and PSU Fund
Assets (Cr.)
₹ 9,675.19
Expense Ratio
0.76%
(As on Mar 31, 2021)

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 (₹)
46.96
52 Week Low Nav Date
05-May-2020
52 Week High Nav (₹)
50.71
52 Week High Nav Date
05-May-2021

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	8.91	5.29	7.97	8.98	8.35	7.53
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	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Kotak Banking and PSU Debt - Growth	Dec 29, 1998	7.97	8.98	8.35	0.76	9,675.19
IDFC Banking & PSU Debt Fund-Regular Plan- Growth Option	Mar 07, 2013	8.45	9.59	8.15	0.63	18,412.01
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth	May 05, 2008	8.22	8.89	8.40	0.68	14,538.86
ICICI Prudential Banking and PSU Debt Fund - Growth	Jan 01, 2010	8.04	8.15	8.03	0.84	14,384.86
HDFC BANKING AND PSU DEBT FUND - Regular Plan - Growth Option	Mar 26, 2014	8.87	8.76	8.20	0.86	9,843.70
L&T Banking and PSU Debt Fund - Regular Plan - Growth Option	Sep 20, 2007	8.02	8.41	7.97	0.61	4,775.82

Fund Holdings as on 30-April-2021

Company % Assets
Central Government - 2026
6.38
182 Days Treasury Bill 03/06/2021
3.58
State Bank Of India.(^)**
3.53
Export-Import Bank of India**
3.35
Central Government - 2027
3.11
National Housing Bank**
2.58
Central Government - 2031
2.43
AXIS Bank Ltd.**
2.29
Net Current Assets/(Liabilities)
2.20
AXIS Bank Ltd.**
2.05
National Bank for Agriculture & Rural Development**
2.05
Central Government - 2033
1.93
Indian Bank(^)
1.87
Rural Electrification Corporation Ltd.**
1.83
Central Government - 2035
1.81
Bank Of Baroda(^)**
1.69
Rural Electrification Corporation Ltd.**
1.61
Power Finance Corporation Ltd. ( BEACON TRUSTEESHIP LIMITE) **
1.56
AXIS Bank Ltd.**
1.55
National Bank for Agriculture & Rural Development
1.55
State Bank Of India.(^)**
1.53
State Government - 2027 - Kerala
1.52
Power Finance Corporation Ltd.(^)
1.48
Union Bank of India - AT1 Bonds**
1.40
Union Bank of India - AT1 Bonds**
1.38
Food Corporation of India**
1.35
Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limited)
1.30
Punjab National Bank(^)
1.29
Rural Electrification Corporation Ltd.(^)**
1.28
Indian Railway Finance Corporation Ltd.(^)**
1.16
Power Grid Corporation of India Ltd.(^)**
1.13
AXIS Bank Ltd.(^)**
1.12
National Bank for Agriculture & Rural Development(^)
1.10
AXIS Bank Ltd.(^)**
1.09
Rural Electrification Corporation Ltd.(^)**
1.08
National Bank for Agriculture & Rural Development**
1.07
AXIS Bank Ltd. - AT1 Bonds**
1.06
ICICI Bank Ltd. - AT1 Bonds**
1.06
Canara Bank(^)**
1.04
State Bank Of India.(^)**
1.03
Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limite) **
1.02
National Bank for Agriculture & Rural Development
1.02
Canara Bank ( SBICAP Trustee Company Ltd) - AT1 Bonds**
1.00
Bank Of Baroda ( IDBI Trustsheep Services Limite) (^) - AT1 Bonds**
0.89
Rural Electrification Corporation Ltd.**
0.86
Power Finance Corporation Ltd.**
0.81
Union Bank of India - AT1 Bonds**
0.80
National Bank for Agriculture & Rural Development ( Axis Trustee Services Limite)
0.78
National Bank for Agriculture & Rural Development ( Axis Trustee Services Limite) (^)
0.76
National Bank for Agriculture & Rural Development ( Axis Trustee Services Limite)
0.72
AXIS Bank Ltd.(^)**
0.71
Bank Of Baroda**
0.63
Indian Railway Finance Corporation Ltd.(^)**
0.55
Indian Railway Finance Corporation Ltd.**
0.54
Indian Railway Finance Corporation Ltd.**
0.54
National Highways Authority Of India(^)**
0.54
Power Finance Corporation Ltd.**
0.54
Hindustan Petroleum Corporation Ltd.**
0.54
Rural Electrification Corporation Ltd.**
0.53
Central Government - 2026
0.53
National Bank for Agriculture & Rural Development**
0.53
Triparty Repo
0.53
State Bank Of India. - AT1 Bonds**
0.53
Rural Electrification Corporation Ltd.**
0.52
Export-Import Bank of India**
0.52
National Bank for Agriculture & Rural Development ( Axis Trustee Services Ltd)
0.52
Mangalore Refinery and Petrochemicals Ltd. ( SBICAP TRUSTEE COMPANY LIMITE) (^)**
0.52
ICICI Bank Ltd. - AT1 Bonds
0.48
Power Finance Corporation Ltd.
0.46
Union Bank of India - AT1 Bonds**
0.40
Power Finance Corporation Ltd.**
0.40
Food Corporation of India**
0.38
National Bank for Agriculture & Rural Development**
0.37
Rural Electrification Corporation Ltd.**
0.34
State Government - 2022 - Haryana
0.33
Small Industries Development Bank Of India**
0.33
National Bank for Agriculture & Rural Development**
0.31
National Highways Authority Of India**
0.28
State Government - 2024 - Assam
0.28
State Government - 2023 - Rajasthan
0.27
National Highways Authority Of India(^)**
0.27
Power Finance Corporation Ltd.
0.27
Indian Railway Finance Corporation Ltd.**
0.27
Indian Railway Finance Corporation Ltd.**
0.27
Rural Electrification Corporation Ltd.**
0.27
Rural Electrification Corporation Ltd.**
0.27
State Government - 2027 - Tamil Nadu
0.27
Power Finance Corporation Ltd.**
0.27
State Government - 2025 - Rajasthan
0.26
Bank Of Baroda - AT1 Bonds**
0.21
Punjab National Bank ( United Bank of Indi) **
0.16
State Government - 2021 - Uttar Pradesh
0.14
Bank Of Baroda**
0.14
ICICI Bank Ltd. - AT1 Bonds**
0.12
State Government - 2023 - Kerala
0.11
State Government - 2022 - Rajasthan
0.11
State Government - 2030 - Gujarat
0.11
Central Government - 2025
0.09
State Government - 2023 - Bihar
0.08
National Bank for Agriculture & Rural Development
0.07
Rural Electrification Corporation Ltd.**
0.06
State Government - 2027 - Maharashtra
0.05
Power Grid Corporation of India Ltd.**
0.05
State Government - 2022 - Maharashtra
0.04
Power Finance Corporation Ltd.**
0.03
State Bank Of India. - AT1 Bonds
0.01

Sector Holding%
Miscellaneous
58.59

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:
Axis Banking ETF
Kotak Banking and PSU Debt Fund
Kotak Bond Short Term Fund
Kotak Bond Short Term Fund
Kotak Corporate Bond Fund
Kotak Credit Risk Fund
Kotak Dynamic Bond Fund
Kotak Floating Rate Fund
Kotak Floating Rate Fund
Kotak Liquid Fund
Kotak Low Duration Fund
Kotak Medium Term Fund
Kotak Money Market Fund
Kotak Money Market Fund
Kotak Overnight Fund
Kotak Overnight Fund
Kotak Savings Fund

Holding Type Holding %
CARE AA+
1.06
CARE AA-
1.40
Cash
2.73
CRISIL A1+
12.84
CRISIL AA
1.00
CRISIL AA+
4.27
CRISIL AAA
36.56
CRISIL AAA(CE)
1.73
FITCH AAA(IND)
0.66
FITCH IND AA
2.58
FITCH IND AA+
1.87
FITCH IND AAA
3.36
ICRA A1+
2.42
ICRA AA+
0.48
ICRA AAA
3.64
SOV
23.43

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 ₹9,675.19 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 up ₹0.04(0.08%)yesterday to ₹50.7071.

Among its top 3 holdings the fund has exposure to Central Government - 2026, and

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/

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