Kotak Banking and PSU Debt Fund - Growth - Regular Plan

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

₹50.3568 (-0.03%)Nav, as on 22-01-2021
Previous Nav
₹ 50.3734
Net Change on 22-01-2021
₹-0.02
PersonalFN Rating
Category
Debt - Banking and PSU Fund
Assets (Cr.)
₹ 10,801.02
Expense Ratio
0.76%
(As on Dec 31, 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 (₹)
45.42
52 Week Low Nav Date
24-Mar-2020
52 Week High Nav (₹)
50.56
52 Week High Nav Date
08-Jan-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	1.80	5.17	9.66	9.14	8.71	7.60
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	9.66	9.14	8.71	0.76	10,801.02
IDFC Banking & PSU Debt Fund-Regular Plan- Growth Option	Mar 07, 2013	9.82	9.59	8.41	0.65	17,684.76
Axis Banking & PSU Debt Fund - Regular Plan - Growth option	Jun 08, 2012	8.63	8.98	8.48	0.62	16,895.63
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth	May 05, 2008	10.02	8.99	8.88	0.68	16,406.93
ICICI Prudential Banking and PSU Debt Fund - Growth	Jan 01, 2010	8.79	8.26	8.54	0.84	15,714.34
SBI BANKING & PSU FUND - Regular Paln - Growth	Oct 09, 2009	9.44	8.96	8.31	0.81	12,051.22

Fund Holdings as on 31-December-2020

Company % Assets
Triparty Repo
5.93
National Bank for Agriculture & Rural Development(^)**
4.58
AXIS Bank Ltd.**
4.04
Central Government - 2027(^)
3.60
State Bank Of India.(^)**
3.23
182 Days Treasury Bill 03/06/2021
3.17
Export-Import Bank of India**
2.97
Indian Railway Finance Corporation Ltd.**
2.37
Power Finance Corporation Ltd.**
2.16
Export-Import Bank of India**
2.07
AXIS Bank Ltd.**
2.02
91 Days Treasury Bill 04/03/2021
1.84
182 Days Treasury Bill 18/03/2021
1.84
Indian Bank(^)**
1.71
Central Government - 2026
1.68
Rural Electrification Corporation Ltd.**
1.66
Bank Of Baroda**
1.56
Rural Electrification Corporation Ltd.**
1.46
Power Finance Corporation Ltd.**
1.43
State Bank Of India.**
1.40
State Government - 2027 - Kerala
1.40
Canara Bank ( SBICAP Trustee Company Ltd) **
1.39
Power Finance Corporation Ltd.**
1.32
Union Bank of India - (AT1 bonds)**
1.30
State Government - 2027 - Maharashtra
1.27
Union Bank of India - (AT1 bonds)**
1.26
Food Corporation of India**
1.23
Punjab National Bank**
1.18
Rural Electrification Corporation Ltd.**
1.16
Indian Railway Finance Corporation Ltd.**
1.06
Power Grid Corporation of India Ltd.**
1.04
Central Government - 2024
1.01
National Bank for Agriculture & Rural Development(^)**
1.00
Rural Electrification Corporation Ltd.**
0.98
National Highways Authority Of India(^)**
0.98
National Bank for Agriculture & Rural Development**
0.97
ICICI Bank Ltd. - (AT1 bonds)**
0.97
Bank Of Baroda ( IDBI Trustsheep Services Limite) - (AT1 bonds)
0.96
Canara Bank(^)**
0.96
State Bank Of India.**
0.95
Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limite)
0.93
Reverse Repo #
0.93
Power Grid Corporation of India Ltd.**
0.92
Central Government - 2034
0.92
Rural Electrification Corporation Ltd.**
0.78
Power Finance Corporation Ltd.**
0.73
Union Bank of India - (AT1 bonds)**
0.73
National Bank for Agriculture & Rural Development ( Axis Trustee Services Limite) **
0.69
National Highways Authority Of India ( IDBI Trusteeship Services Limited)
0.65
National Bank for Agriculture & Rural Development**
0.64
Bank Of Baroda**
0.59
Indian Railway Finance Corporation Ltd.**
0.50
Power Finance Corporation Ltd.**
0.49
Indian Railway Finance Corporation Ltd.**
0.49
Indian Railway Finance Corporation Ltd.**
0.49
Power Finance Corporation Ltd.**
0.49
National Thermal Power Corporation Ltd.**
0.49
Central Government - 2026
0.49
Power Finance Corporation Ltd.**
0.49
Hindustan Petroleum Corporation Ltd.**
0.48
Export-Import Bank of India**
0.47
Indian Oil Corporation Ltd.**
0.47
Mangalore Refinery and Petrochemicals Ltd. ( SBICAP TRUSTEE COMPANY LIMITE)
0.46
Mangalore Refinery and Petrochemicals Ltd.**
0.46
AXIS Bank Ltd.**
0.46
National Bank for Agriculture & Rural Development**
0.46
Bank Of Baroda**
0.46
Export-Import Bank of India**
0.46
Net Current Assets/(Liabilities)
0.45
ICICI Bank Ltd. - (AT1 bonds)**
0.44
Power Finance Corporation Ltd.**
0.42
Rural Electrification Corporation Ltd.**
0.39
Union Bank of India - (AT1 bonds)**
0.37
Power Finance Corporation Ltd.**
0.36
Food Corporation of India**
0.35
Bank Of Baroda - (AT1 bonds)
0.34
State Bank Of India.**
0.32
Rural Electrification Corporation Ltd.**
0.31
State Government - 2022 - Haryana
0.30
Small Industries Development Bank Of India**
0.30
Central Government - 2029
0.30
National Bank for Agriculture & Rural Development**
0.28
National Highways Authority Of India**
0.26
State Government - 2024 - Assam
0.25
State Government - 2023 - Rajasthan
0.25
National Highways Authority Of India(^)**
0.25
Indian Railway Finance Corporation Ltd.**
0.25
Indian Railway Finance Corporation Ltd.**
0.25
Rural Electrification Corporation Ltd.**
0.24
Power Finance Corporation Ltd.**
0.24
Rural Electrification Corporation Ltd.**
0.24
Central Government - 2029
0.24
State Government - 2025 - Rajasthan
0.24
Bank Of Baroda - (AT1 bonds)**
0.23
AXIS Bank Ltd.**
0.23
Central Government - 2030
0.23
364 Days Treasury Bill 29/04/2021
0.23
Bank Of Baroda**
0.19
U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.15
Punjab National Bank ( United Bank of Indi) **
0.14
Bank Of Baroda**
0.13
State Government - 2021 - Uttar Pradesh
0.13
ICICI Bank Ltd. - (AT1 bonds)**
0.11
State Government - 2023 - Kerala
0.10
State Government - 2022 - Rajasthan
0.10
State Government - 2030 - Gujarat
0.10
State Bank Of India. - (AT1 bonds)**
0.09
Central Government - 2025
0.08
State Government - 2023 - Bihar
0.07
U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.07
National Bank for Agriculture & Rural Development**
0.07
Rural Electrification Corporation Ltd.**
0.05
Power Grid Corporation of India Ltd.**
0.04
State Government - 2022 - Maharashtra
0.04
Power Finance Corporation Ltd.**
0.03
Rural Electrification Corporation Ltd.**
0.01

Sector Holding%
Miscellaneous
62.29

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
0.23
CARE AA+
0.97
CARE AA-
1.30
Cash
7.31
CRISIL A1+
10.05
CRISIL AA
1.39
CRISIL AA+
3.01
CRISIL AAA
39.16
CRISIL AAA(CE)
1.58
FITCH AAA(IND)
0.59
FITCH IND AA
2.36
FITCH IND AA(CE)
0.22
FITCH IND AA+
1.71
FITCH IND AAA
3.11
ICRA AA+
0.44
ICRA AAA
6.68
SOV
19.88

About Kotak Banking and PSU Debt Fund

NULL

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 ₹10,801.02 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 ₹-0.02(-0.03%)yesterday to ₹50.3568.

Among its top 3 holdings the fund has exposure to Triparty Repo, 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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