Kotak Banking and PSU Debt Fund - Growth - Regular Plan

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

₹49.7757 0.13 %Nav, as on 23-10-2020
Previous Nav
₹ 49.709
Net Change on 23-10-2020
₹0.07
PersonalFN Rating
Category
Debt - Banking and PSU Fund
Assets (Cr.)
₹ 9,276.85
Expense Ratio
0.74%
(As on Sep 30, 2020)

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 (₹)
44.92
52 Week Low Nav Date
23-Oct-2019
52 Week High Nav (₹)
49.78
52 Week High Nav Date
23-Oct-2020

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	16.31	6.16	10.78	8.95	8.80	7.63
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	10.78	8.95	8.80	0.74	9,276.85
IDFC Banking & PSU Debt Fund-Regular Plan- Growth Option	Mar 07, 2013	11.00	9.48	8.60	0.65	18,980.36
Axis Banking & PSU Debt Fund - Regular Plan - Growth option	Jun 08, 2012	9.74	9.17	8.67	0.62	17,590.73
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth	May 05, 2008	10.88	8.75	8.94	0.68	13,263.97
ICICI Prudential Banking and PSU Debt Fund - Growth	Jan 01, 2010	9.85	7.85	8.49	0.83	13,200.35
HDFC BANKING AND PSU DEBT FUND - Regular Plan - Growth Option	Mar 26, 2014	10.70	8.50	8.65	0.81	9,329.29

Fund Holdings as on 30-September-2020

Company % Assets
State Bank Of India.(^)
4.60
Central Government - 2026
4.27
Triparty Repo
3.69
National Bank for Agriculture & Rural Development(^)**
3.33
Central Government - 2026
3.01
Central Government - 2027
2.98
Indian Railway Finance Corporation Ltd.**
2.71
Net Current Assets/(Liabilities)
2.59
State Government - 2027 - Maharashtra
2.23
State Bank Of India.
2.15
Punjab National Bank**
2.15
182 Days Treasury Bill 12/11/2020
2.15
182 Days Treasury Bill 24/12/2020
2.14
Power Finance Corporation Ltd.**
2.11
State Government - 2023 - Bihar
2.08
Bank Of Baroda - (AT1 bonds)**
2.08
Rural Electrification Corporation Ltd.
1.92
Indian Bank(^)**
1.82
Bank Of Baroda**
1.80
Rural Electrification Corporation Ltd.
1.68
Export-Import Bank of India
1.58
Union Bank of India - (AT1 bonds)**
1.50
Power Finance Corporation Ltd.
1.50
Central Government - 2023
1.46
Union Bank of India - (AT1 bonds)**
1.44
Food Corporation of India**
1.42
Power Grid Corporation of India Ltd.**
1.40
AXIS Bank Ltd.
1.16
National Bank for Agriculture & Rural Development(^)
1.16
Central Government - 2024
1.15
National Bank for Agriculture & Rural Development**
1.13
National Highways Authority Of India(^)**
1.12
Rural Electrification Corporation Ltd.**
1.12
Canara Bank(^)**
1.09
Central Government - 2020
1.09
Export-Import Bank of India
1.07
Central Government - 2024
1.04
Power Finance Corporation Ltd.**
1.00
Rural Electrification Corporation Ltd.**
0.90
Union Bank of India - (AT1 bonds)**
0.84
Power Finance Corporation Ltd.**
0.82
Rural Electrification Corporation Ltd.
0.81
Export-Import Bank of India
0.81
AXIS Bank Ltd.**
0.74
National Bank for Agriculture & Rural Development**
0.74
Food Corporation of India**
0.69
Bank Of Baroda**
0.68
Rural Electrification Corporation Ltd.**
0.59
Indian Railway Finance Corporation Ltd.**
0.56
Power Finance Corporation Ltd.
0.56
Punjab National Bank**
0.56
Hindustan Petroleum Corporation Ltd.**
0.56
National Thermal Power Corporation Ltd.**
0.56
Power Finance Corporation Ltd.
0.56
Power Finance Corporation Ltd.**
0.56
Central Government - 2026
0.55
Indian Oil Corporation Ltd.**
0.54
Export-Import Bank of India
0.54
AXIS Bank Ltd.
0.54
AXIS Bank Ltd.
0.53
State Government - 2023 - Assam
0.51
ICICI Bank Ltd. - (AT1 bonds)**
0.50
Power Finance Corporation Ltd.**
0.50
State Government - 2022 - Maharashtra
0.50
Power Finance Corporation Ltd.**
0.48
Rural Electrification Corporation Ltd.
0.45
91 Days Treasury Bill 08/10/2020
0.43
Union Bank of India - (AT1 bonds)**
0.42
Power Finance Corporation Ltd.**
0.41
Bank Of Baroda - (AT1 bonds)**
0.40
State Bank Of India.**
0.37
ICICI Bank Ltd. - (AT1 bonds)**
0.37
U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.35
State Government - 2022 - Haryana
0.35
Small Industries Development Bank Of India**
0.35
Central Government - 2029
0.35
National Bank for Agriculture & Rural Development**
0.33
National Highways Authority Of India**
0.29
State Government - 2023 - Andhra Pradesh
0.29
State Government - 2024 - Assam
0.29
State Government - 2023 - Rajasthan
0.29
National Highways Authority Of India(^)**
0.28
Indian Railway Finance Corporation Ltd.**
0.28
Rural Electrification Corporation Ltd.**
0.28
Indian Railway Finance Corporation Ltd.**
0.28
Power Finance Corporation Ltd.**
0.28
Central Government - 2029
0.28
Rural Electrification Corporation Ltd.**
0.27
Bank Of Baroda - (AT1 bonds)**
0.26
ICICI Bank Ltd.
0.21
Punjab National Bank ( United Bank of Indi) **
0.17
U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.16
State Government - 2021 - Uttar Pradesh
0.15
Bank Of Baroda**
0.15
State Government - 2023 - Kerala
0.12
State Government - 2022 - Rajasthan
0.11
State Bank Of India. - (AT1 bonds)
0.10
National Bank for Agriculture & Rural Development**
0.08
Rural Electrification Corporation Ltd.
0.06
Power Grid Corporation of India Ltd.**
0.05
Power Finance Corporation Ltd.**
0.03
Rural Electrification Corporation Ltd.**
0.01

Sector Holding%
Miscellaneous
61.44

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 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
0.26
CARE AA-
1.50
Cash
6.28
CRISIL A+
0.17
CRISIL A1+
2.68
CRISIL AA+
3.58
CRISIL AA-
1.82
CRISIL AAA
39.10
CRISIL AAA(CE)
2.11
FITCH AAA(IND)
0.15
FITCH IND AA
2.70
FITCH IND AA(CE)
0.51
FITCH IND AAA
3.57
ICRA A1+
0.21
ICRA AA
2.08
ICRA AA+
0.50
ICRA AAA
4.96
SOV
27.82

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 ₹9,276.85 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 ₹0.07(0.13%)yesterday to ₹49.7757.

Among its top 3 holdings the fund has exposure to State Bank Of India.(^), 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/

Financial Health Checkup

Money Simplified Videos

Infographics