Kotak Banking and PSU Debt Fund - Growth - Regular Plan

₹45.18 0.12 %Nav, as on 13-11-2019
Previous Nav
₹ 45.1231
Net Change on 13-11-2019
₹0.06
PersonalFN Rating

4 PersonalFN
Category
Debt - Banking and PSU Fund
Assets (Cr.)
₹ 3,068.24
Expense Ratio
0.57%
(As on Oct 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 (₹)
40.39
52 Week Low Nav Date
12-Nov-2018
52 Week High Nav (₹)
45.17
52 Week High Nav Date
04-Nov-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	11.35	8.27	11.70	7.85	8.45	7.48
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	11.70	7.85	8.45	0.57	3,068.24
IDFC Banking & PSU Debt Fund-Regular Plan- Growth Option	Mar 07, 2013	13.08	8.04	8.18	0.64	11,209.51
ICICI Prudential Banking and PSU Debt Fund - Growth	Jan 01, 2010	10.01	7.13	8.44	0.82	7,164.41
HDFC BANKING AND PSU DEBT FUND - Regular Plan - Growth Option	Mar 26, 2014	11.25	7.33	8.59	0.81	3,887.49
L&T Banking and PSU Debt Fund - Regular Plan - Growth Option	Sep 20, 2007	9.93	7.23	7.90	0.62	1,822.87
LIC MF Banking & PSU Debt Fund-Regular Plan-Growth	May 30, 2007	11.18	7.77	7.49	0.82	1,084.74

Fund Holdings as on 31-October-2019

Company % Assets
Central Government - 2024
7.29
Food Corporation of India
5.26
State Bank Of India.
4.91
Rural Electrification Corporation Ltd.
4.16
AXIS Bank Ltd.
3.91
Triparty Repo
3.36
ICICI Bank Ltd.
3.31
National Thermal Power Corporation Ltd.
3.23
National Highways Authority Of India
3.21
Net Current Assets/(Liabilities)
2.95
Central Government - 2033
2.57
National Bank for Agriculture & Rural Development
2.56
ICICI Bank Ltd.
2.21
U P Power Corporation Ltd ( Guaranteed By UP State Government )
2.14
Power Finance Corporation Ltd.
2.01
Bank Of Baroda
1.85
AXIS Bank Ltd.
1.76
State Bank Of India.
1.74
Rural Electrification Corporation Ltd.
1.72
Power Finance Corporation Ltd.
1.71
Power Finance Corporation Ltd.
1.71
Power Finance Corporation Ltd.
1.70
Hindustan Petroleum Corporation Ltd.
1.64
Bank Of Baroda
1.64
National Bank for Agriculture & Rural Development
1.58
National Bank for Agriculture & Rural Development
1.57
Small Industries Development Bank Of India
1.56
State Government - 2023 - Assam
1.52
Small Industries Development Bank Of India
1.31
National Bank for Agriculture & Rural Development
1.28
Central Government - 2029
1.19
State Bank Of India.
1.13
State Government - 2022 - Haryana
1.07
Indian Railway Finance Corporation Ltd.
1.03
ICICI Bank Ltd.
0.99
Indian Railway Finance Corporation Ltd.
0.86
State Government - 2023 - Rajasthan
0.86
State Government - 2024 - Assam
0.85
Rural Electrification Corporation Ltd.
0.85
National Highways Authority Of India
0.84
Power Finance Corporation Ltd.
0.84
Small Industries Development Bank Of India
0.84
National Bank for Agriculture & Rural Development
0.84
Rural Electrification Corporation Ltd.
0.84
State Bank Of India.
0.82
Indian Railway Finance Corporation Ltd.
0.81
Small Industries Development Bank Of India
0.80
National Bank for Agriculture & Rural Development
0.80
ICICI Bank Ltd.
0.78
Indian Railway Finance Corporation Ltd.
0.68
Power Finance Corporation Ltd.
0.66
Bank Of Baroda
0.66
ICICI Bank Ltd.
0.65
State Government - 2021 - Uttar Pradesh
0.44
Powergrid Vizag Transminssion Ltd. ( backed by unconditional and irrevocable guarantee by Powergrid Corp )
0.43
State Government - 2022 - Rajasthan
0.34
Rural Electrification Corporation Ltd.
0.33
National Bank for Agriculture & Rural Development
0.32
National Bank for Agriculture & Rural Development
0.30
Rural Electrification Corporation Ltd.
0.29
National Bank for Agriculture & Rural Development
0.24
Power Grid Corporation of India Ltd.
0.15
Small Industries Development Bank Of India
0.08
Power Finance Corporation Ltd.
0.03

Sector Holding%
Miscellaneous
67.13

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 ₹3,068.24 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 ₹0.06(0.12%)yesterday to ₹45.18.

Among its top 3 holdings the fund has exposure to Central Government - 2024, 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 Fund
Kotak Corporate Bond Fund
Kotak Credit Risk Fund
Kotak Dynamic Bond Fund
Kotak Floating Rate Fund
Kotak Liquid Fund
Kotak Low Duration Fund
Kotak Medium Term Fund
Kotak Money Market Fund
Kotak Overnight Fund
Kotak Savings Fund

Holding Type Holding %
CARE AA
1.64
CARE AA+
2.30
CARE AAA
2.48
Cash
6.31
CRISIL A1+
8.11
CRISIL AA+
11.85
CRISIL AAA
35.88
CRISIL AAA(CE)
5.26
FITCH IND AA(CE)
2.14
FITCH IND AAA
1.85
ICRA A1+
0.78
ICRA AA+
3.31
ICRA AAA
1.97
Sov
16.13

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