Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl
Get the latest NAV of Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹10.26
NAV as on 15 Sep 2017
7.05%/per year
Since Inception
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Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl Performance vs. Banking and PSU Index
Fund returns vs Benchmark returns vs Category Average returns as on (15-Sep-17)
The fund has outperformed the benchmark (Banking and PSU Index) over 3Y, but underperformed over 1Y, 5Y.
Peer comparison
Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl Asset Allocation
See fund asset allocation details as on (14-Aug-25)
Fund Distribution
as on (14-Aug-25)
Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl Sector Allocation
See fund sector allocation details as on (14-Aug-25)
Sector Allocation
Top 2 Sectors in July were Corporate, Government
Corporate
57%
Government
38%
Corporate
59%
Government
35%
Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.4% |
Benchmark | CRISIL Banking and PSU Debt TR INR |
| AUM | ₹5795 Cr |
| Inception Date | 21 August, 2013 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 116.97% |
| Risk |   Low to Moderate Risk |
About Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl
Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl is a debt fund. This fund was started on 21 August, 2013. The fund is managed by Dharmesh Thakar, Deepak Agrawal. This fund is suitable to keep your money safe.
Key Parameters
- Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl has ₹5795 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl has given a CAGR return of 7.05% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 6.84% and 6.67% respectively.
Holdings
Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, Power Finance Corporation Limited, National Housing Bank, Indian Oil Corporation Limited, Power Grid Corporation Of India Limited
Taxation
As it is a banking & psu mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl
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.There is no assurance that or guarantee that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl has no lock in period.
Fund Manager
Dharmesh Thakar
Fund Manager of Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl, since 1 June 2025
Deepak Agrawal
Fund Manager of Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl, since 1 August 2008
- AUM of the fund stands at 6K Cr as of Jul'25
- AUM decreased by 200.2 Cr between Jul'25 and Jun'25
Frequently Asked Questions for Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl
How do I invest in Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl?
- Download the INDmoney app.
- Search for ‘Kotak Banking and PSU Debt Direct Daily Reinvestment of Income Distribution cum Cap Wdrl’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.