Kotak Banking and PSU Debt Fund - Growth - Regular Plan

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

₹47.7464 0.06 %Nav, as on 05-06-2020
Previous Nav
₹ 47.7201
Net Change on 05-06-2020
₹0.03
PersonalFN Rating
Category
Debt - Banking and PSU Fund
Assets (Cr.)
₹ 5,528.10
Expense Ratio
0.57%
(As on Apr 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 (₹)
43.11
52 Week Low Nav Date
10-Jun-2019
52 Week High Nav (₹)
47.77
52 Week High Nav Date
26-May-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	21.70	8.42	10.65	8.48	8.61	7.56
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	10.65	8.48	8.61	0.57	5,528.10
IDFC Banking & PSU Debt Fund-Regular Plan- Growth Option	Mar 07, 2013	11.48	8.98	8.42	0.65	13,956.13
Axis Banking & PSU Debt Fund - Regular Plan - Growth option	Jun 08, 2012	10.27	8.88	8.56	0.59	13,709.36
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth	May 05, 2008	10.40	8.23	8.90	0.67	11,119.79
ICICI Prudential Banking and PSU Debt Fund - Growth	Jan 01, 2010	9.60	7.52	8.63	0.82	9,304.29
HDFC BANKING AND PSU DEBT FUND - Regular Plan - Growth Option	Mar 26, 2014	10.05	7.94	8.49	0.81	5,791.29

Fund Holdings as on 30-April-2020

Company % Assets
Central Government - 2026
5.05
State Bank Of India.(^) - (AT1 Bonds)
3.93
Allahabad Bank**
3.70
Central Government - 2024
3.50
Food Corporation of India**
3.47
Export-Import Bank of India**
3.44
Central Government - 2027
3.09
Bank Of Baroda**
2.92
ICICI Bank Ltd. - (AT1 Bonds)**
2.37
Union Bank of India - (AT1 Bonds)**
2.27
Union Bank of India - (AT1 Bonds)**
2.12
Power Finance Corporation Ltd.**
1.96
National Bank for Agriculture & Rural Development(^)**
1.91
Food Corporation of India**
1.87
National Highways Authority Of India(^)**
1.83
National Bank for Agriculture & Rural Development**
1.81
Rural Electrification Corporation Ltd.**
1.80
IndusInd Bank Ltd.**
1.80
National Bank for Agriculture & Rural Development**
1.79
Rural Electrification Corporation Ltd.**
1.79
Canara Bank**
1.75
ICICI Bank Ltd.(^) - (AT1 Bonds)**
1.74
Net Current Assets(Liabilities)
1.66
Rural Electrification Corporation Ltd.**
1.62
Central Government - 2029
1.53
Rural Electrification Corporation Ltd.**
1.46
Union Bank of India - (AT1 Bonds)**
1.31
Central Government - 2023
1.27
Power Finance Corporation Ltd.
1.25
U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
1.18
National Thermal Power Corporation Ltd.**
1.10
Bank Of Baroda**
1.08
Rural Electrification Corporation Ltd.**
0.97
State Bank Of India.
0.96
Power Finance Corporation Ltd.
0.96
National Bank for Agriculture & Rural Development**
0.94
Hindustan Petroleum Corporation Ltd.**
0.92
Indian Railway Finance Corporation Ltd.
0.92
Bank Of Baroda**
0.91
Canara Bank
0.90
AXIS Bank Ltd.
0.90
Export-Import Bank of India**
0.90
Oriental Bank of Commerce**
0.89
AXIS Bank Ltd.**
0.89
AXIS Bank Ltd.**
0.88
AXIS Bank Ltd.**
0.87
State Government - 2023 - Assam
0.86
IndusInd Bank Ltd.**
0.84
Power Finance Corporation Ltd.
0.83
Union Bank of India - (AT1 Bonds)**
0.67
State Bank Of India.**
0.63
U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.63
Small Industries Development Bank Of India
0.62
State Government - 2022 - Haryana
0.60
Indian Railway Finance Corporation Ltd.**
0.58
Canara Bank**
0.54
State Government - 2023 - Rajasthan
0.49
Indian Railway Finance Corporation Ltd.**
0.48
State Government - 2024 - Assam
0.48
National Highways Authority Of India**
0.48
Small Industries Development Bank Of India**
0.47
National Highways Authority Of India
0.46
Power Finance Corporation Ltd.**
0.46
Indian Railway Finance Corporation Ltd.**
0.46
Rural Electrification Corporation Ltd.**
0.46
Indian Railway Finance Corporation Ltd.**
0.46
State Bank Of India. - (AT1 Bonds)**
0.45
Small Industries Development Bank Of India**
0.45
Small Industries Development Bank Of India**
0.45
ICICI Bank Ltd.
0.45
Central Government - 2026
0.39
Indian Railway Finance Corporation Ltd.**
0.38
Power Finance Corporation Ltd.**
0.37
Power Finance Corporation Ltd.**
0.36
ICICI Bank Ltd.**
0.35
ICICI Bank Ltd. - (AT1 Bonds)**
0.35
Rural Electrification Corporation Ltd.**
0.28
Central Government - 2020
0.27
State Government - 2021 - Uttar Pradesh
0.25
Powergrid Vizag Transminssion Ltd. ( backed by unconditional and irrevocable guarantee by Powergrid Corp ) **
0.24
State Government - 2022 - Rajasthan
0.19
Bank Of Baroda - (AT1 Bonds)**
0.18
Triparty Repo
0.18
State Bank Of India. - (AT1 Bonds)**
0.18
National Bank for Agriculture & Rural Development**
0.13
Rural Electrification Corporation Ltd.
0.10
Central Government - 2029
0.09
Power Grid Corporation of India Ltd.**
0.08
91 Days Treasury Bill 04062020
0.07
Power Finance Corporation Ltd.
0.05
Rural Electrification Corporation Ltd.**
0.02

Sector Holding%
Miscellaneous
63.69

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+
0.35
CARE AA-
2.12
CARE AAA
1.37
Cash
1.84
CRISIL A1+
8.87
CRISIL AA+
6.93
CRISIL AA-
3.70
CRISIL AAA
31.14
CRISIL AAA(CE)
5.34
FITCH AAA(IND)
0.91
FITCH IND A1+
1.44
FITCH IND AA
4.25
FITCH IND AA(CE)
1.81
FITCH IND AAA
5.75
ICRA A1+
1.69
ICRA AA
0.18
ICRA AA+
1.74
ICRA AAA
2.43
SOV
18.13

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 ₹5,528.10 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 ₹0.03(0.06%)yesterday to ₹47.7464.

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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