Kotak Banking and PSU Debt Direct Growth
Debt
Direct
Banking & Psu
NAV: ₹ 61.39 as on 22-04-2024
Fund Performance
223 people have invested ₹ 20.4L in Kotak Banking and PSU Debt Direct Growth in the last three months
Mutual Fund Insights
In the last 1 year, ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth has given 7.62% return, outperforming this fund by 0.4%.
In the last 3 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.41% return, outperforming this fund by 1.52% per annum.
In the last 5 years, Nippon India Banking & PSU Debt Fund Direct Growth has given 7.43% return, outperforming this fund by 0% per annum.
This fund has one of the lowest expense ratio in the category (banking & psu). Its expense ratio is 0.37% which is lower than the category average expense ratio of 0.55%.
About the Kotak Banking and PSU Debt Direct Growth
Kotak Banking and PSU Debt Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Abhishek Bisen, Deepak Agrawal. This fund is suitable to keep your money safe.
Key Parameters
- Kotak Banking and PSU Debt Direct Growth has ₹5948 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Kotak Banking and PSU Debt Direct Growth Overview
 | 0.37% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹5948 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 166.09% |
Kotak Banking and PSU Debt Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
95.3%
AA
4.7%
Sector Allocation
Corporate
49.4%
Government
48.2%
Cash Equivalent
2.5%
Top Holdings of Kotak Banking and PSU Debt Direct Growth as on (31-Mar-24)
Debt Holdings63
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2037 | 12.4% | 0% | |
National Bank For Agriculture And Rural Development | 5.9% | 0% | |
8.25% Govt Stock 2033 | 5.13% | 6.7% | |
HDFC Bank Limited | 3.94% | 0% | |
Power Grid Corporation Of India Limited | 3.4% | 0% |
See all
Kotak Banking and PSU Debt Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 6K Cr as of Mar'24
- AUM increased by 40.8 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Kotak Banking and PSU Debt Direct Growth Fund Manager
Abhishek Bisen
Fund Manager of Kotak Banking and PSU Debt Direct Growth, since 1 November 2022
Top funds managed
Deepak Agrawal
Fund Manager of Kotak Banking and PSU Debt Direct Growth, since 15 April 2008
Top funds managed
Kotak Banking and PSU Debt Direct Growth Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.15% since inception which is more than its category average return of 5.44%
AUM size ₹5948 Cr
This fund has AUM of ₹5948 Cr which is more than its category average of ₹ 3691 Cr
Expense Ratio 0.37%
This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 0.49%
Frequently Asked Questions
The current NAV of Kotak Banking and PSU Debt Direct Growth is ₹61.39 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
Kotak Banking and PSU Debt Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.34% | 0.34% |
6 Month Returns | 4.02% | 4.02% |
1 Year Returns | 7.23% | 7.23% |
3 Years Returns | 18.72% | 5.89% |
5 Years Returns | 43.06% | 7.42% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.37% as on March 2024
₹5948 Cr as on March 2024
7.18% Govt Stock 2037(12.4%), National Bank For Agriculture And Rural Development(5.9%), 8.25% Govt Stock 2033(5.13%), HDFC Bank Limited(3.94%), Power Grid Corporation Of India Limited(3.4%) as on March 2024
Corporate(49.36%), Government(48.15%), Cash Equivalent(2.49%) as on March 2024
Yield to Maturity is 7.74 as on March 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 4.11 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 95.3 |
AA | 4.7 |
Abhishek Bisen, Deepak Agrawal are the fund managers of Kotak Banking and PSU Debt Direct Growth
The Exit load of Kotak Banking and PSU Debt Direct Growth is 0%