Kotak Banking and PSU Debt Fund - Growth - Direct Plan

Item: Kotak Banking and PSU Debt Fund - Growth - Direct Plan
Rating: 2
Author: PersonalFN

₹53.3473 0.06 %Nav, as on 20-09-2021
Previous Nav
₹ 53.3178
Net Change on 20-09-2021
₹0.03
PersonalFN Rating
Category
Debt - Banking and PSU Fund
Assets (Cr.)
₹ 9,818.50
Expense Ratio
0.36%
(As on Aug 31, 2021)

Fund Overview Growth | Direct Plan

Fund House
Kotak Mahindra Mutual Fund
Launch Date
01-Jan-2013
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 (₹)
50.15
52 Week Low Nav Date
29-Sep-2020
52 Week High Nav (₹)
53.35
52 Week High Nav Date
20-Sep-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 Direct - Growth	11.19	7.13	6.35	9.61	8.40	8.91
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 Direct - Growth	Jan 01, 2013	6.35	9.61	8.40	0.36	9,818.50
IDFC Banking & PSU Debt Fund-Direct Plan- Growth Option	Mar 07, 2013	5.66	10.03	8.21	0.31	19,283.99
Aditya Birla Sun Life Banking & PSU Debt Fund- Direct Plan-Growth	Jan 01, 2013	6.25	9.32	8.11	0.34	18,124.91
Axis Banking & PSU Debt Fund - Direct Plan - Growth Option	Jan 01, 2013	5.25	9.21	8.23	0.33	16,786.01
ICICI Prudential Banking and PSU Debt Fund - Direct Plan - Growth	Mar 13, 2013	6.80	8.86	7.96	0.35	14,151.67
SBI BANKING & PSU FUND - Direct Plan - Growth	Jan 07, 2013	5.70	8.87	8.18	0.34	12,410.44

Fund Holdings as on 31-August-2021

Company % Assets
Central Government - 2026
6.84
Central Government - 2033
6.64
Export-Import Bank of India**
5.04
Export-Import Bank of India
3.56
State Bank Of India.(^)**
3.47
Net Current Assets/(Liabilities)
2.89
National Bank for Agriculture & Rural Development(^)
2.82
Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limited) (^)**
2.58
National Bank for Agriculture & Rural Development**
2.51
Power Finance Corporation Ltd.(^)**
2.39
AXIS Bank Ltd.**
2.28
HDFC Bank Ltd.**
2.00
AXIS Bank Ltd.(^)
1.88
Indian Bank(^)**
1.87
Power Finance Corporation Ltd.(^)**
1.81
Central Government - 2031
1.76
Bank Of Baroda(^)**
1.67
AXIS Bank Ltd.**
1.53
State Government - 2027 - Kerala(^)
1.52
State Bank Of India.(^)**
1.51
Central Government - 2035
1.51
Export-Import Bank of India**
1.48
Union Bank of India ( ) (^)- AT1 Bonds**
1.44
Power Finance Corporation Ltd. ( BEACON TRUSTEESHIP LIMITE) **
1.38
Union Bank of India- AT1 Bonds**
1.37
Indian Railway Finance Corporation Ltd.**
1.37
Food Corporation of India(^)**
1.33
Punjab National Bank(^)**
1.27
National Highways Authority Of India(^)**
1.21
AXIS Bank Ltd.(^)**
1.10
Power Finance Corporation Ltd.(^)**
1.07
ICICI Bank Ltd.- AT1 Bonds**
1.05
National Bank for Agriculture & Rural Development**
1.04
Canara Bank(^)**
1.03
Food Corporation of India**
1.02
Power Finance Corporation Ltd. ( Milestone Trusteeship Services Pvt Ltd) (^)**
1.02
State Bank Of India.(^)**
1.02
Canara Bank ( SBICAP Trustee Company Ltd) (^)- AT1 Bonds**
1.02
AXIS Bank Ltd.- AT1 Bonds**
0.98
National Highways Authority Of India**
0.94
Food Corporation of India ( Standalone Rating A) (^)
0.89
Rural Electrification Corporation Ltd.**
0.84
Indian Railway Finance Corporation Ltd.(^)
0.84
Union Bank of India- AT1 Bonds**
0.80
National Bank for Agriculture & Rural Development
0.76
State Government - 2026 - Andhra Pradesh
0.72
AXIS Bank Ltd.(^)**
0.70
Bank Of Baroda ( IDBI Trustsheep Services Limite) (^)- AT1 Bonds**
0.70
State Government - 2028 - Karnataka
0.63
Bank Of Baroda(^)**
0.63
Power Finance Corporation Ltd. ( Milestone Trusteeship Services Pvt Ltd) (^)
0.53
Indian Railway Finance Corporation Ltd.(^)**
0.53
Central Government - 2026
0.53
Hindustan Petroleum Corporation Ltd.**
0.53
Power Finance Corporation Ltd.**
0.53
State Government - 2028 - Karnataka
0.52
State Bank Of India.- AT1 Bonds**
0.52
Mangalore Refinery and Petrochemicals Ltd. ( SBICAP TRUSTEE COMPANY LIMITE) (^)**
0.51
State Government - 2026 - Uttar Pradesh
0.49
ICICI Bank Ltd.- AT1 Bonds**
0.48
Union Bank of India- AT1 Bonds**
0.40
Power Finance Corporation Ltd.**
0.39
Rural Electrification Corporation Ltd.**
0.33
Small Industries Development Bank Of India**
0.32
State Government - 2022 - Haryana
0.32
Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limite) **
0.32
National Bank for Agriculture & Rural Development**
0.30
National Highways Authority Of India**
0.27
Indian Railway Finance Corporation Ltd.
0.27
National Highways Authority Of India(^)
0.27
Indian Railway Finance Corporation Ltd.**
0.27
State Government - 2027 - Tamil Nadu
0.27
Food Corporation of India ( Standalone Rating AA) **
0.26
Rural Electrification Corporation Ltd.**
0.26
Rural Electrification Corporation Ltd.**
0.26
Power Finance Corporation Ltd.**
0.26
Export-Import Bank of India**
0.26
National Bank for Agriculture & Rural Development**
0.26
National Bank for Agriculture & Rural Development ( Axis Trustee Services Ltd) **
0.26
Triparty Repo
0.21
Bank Of Baroda- AT1 Bonds**
0.21
Punjab National Bank ( United Bank of Indi) **
0.15
Bank Of Baroda**
0.14
State Government - 2021 - Uttar Pradesh
0.13
ICICI Bank Ltd.- AT1 Bonds**
0.12
State Government - 2022 - Rajasthan
0.10
State Government - 2030 - Gujarat
0.10
Rural Electrification Corporation Ltd.**
0.06
State Government - 2027 - Maharashtra
0.05
Central Government - 2024
0.05
Central Government - 2050
0.05
Power Grid Corporation of India Ltd.**
0.05
State Government - 2022 - Maharashtra
0.04
Power Finance Corporation Ltd.**
0.03
National Bank for Agriculture & Rural Development**
0.02
Central Government - 2025
0.01
State Bank Of India.- AT1 Bonds**
0.01

Sector Holding%
Miscellaneous
55.44

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:
Axis Quant Fund
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 A1+
2.00
CARE AA+
1.05
CARE AA-
1.44
Cash
3.10
CRISIL A1+
14.65
CRISIL AA
1.02
CRISIL AA+
3.96
CRISIL AAA
31.91
CRISIL AAA(CE)
2.61
FITCH AAA(IND)
0.65
FITCH IND AA
2.57
FITCH IND AA+
1.87
FITCH IND AAA
3.33
ICRA A1+
2.51
ICRA AA+
0.48
ICRA AAA
3.66
ICRA AAA(CE)
0.89
SOV
22.28

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 01-Jan-2013 and currently has an AUM of ₹9,818.50 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 ₹53.3473.

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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