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Kotak Banking and PSU Debt - Growth

Fund House: Kotak Mahindra Mutual Fund
Category: Debt: Banking and PSU
Launch Date: 29-12-1998
Asset Class: Fixed Interest
Benchmark: CRISIL Banking and PSU Debt
Expense Ratio: 0.76% As on (31-12-2020)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 10,801.02 Cr As on (31-12-2020)
Turn over: - | Exit Load: Nil
NAV as on 25-01-2021

50.3584

0 (0.0032%)

CAGR Since Inception

7.59%

S&P BSE India Bond Index 9.58%

PERFORMANCE

Returns Type:
of  : 
Start :  
End : 
Period:  
This Scheme
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vs
S&P BSE India Bond Index
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Gold
-
PPF
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Returns Type:
of  : 
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

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Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
9 Years 8 Months
19 Years 9 Months
21 Years 10 Months
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme seeks to generate risk-free returns through investments in sovereign securities. The savings plan (D) will provide regular dividend payouts. A portion of the fund will be invested in inter bank money market in order to meet the liquidity requirement.

Current Asset Allocation (%)

Indicators

Volatility 1.29
Sharp Ratio 4.27
Alpha -6.96
Beta 2.33
Yield to Maturity 5.17
Average Maturity 3.98

PEER COMPARISON

Scheme Name Inception
Date		 1 Year
Return(%)		 2 Year
Return(%)		 3 Year
Return(%)		 5 Year
Return(%)		 10 Year
Return(%)
Kotak Banking and PSU Debt - Growth 29-12-1998 9.59 10.33 9.11 8.71 8.71
Edelweiss Banking and PSU Debt Fund - Regular Plan - Growth Option 06-09-2013 12.05 12.55 10.34 8.97 -
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth 05-04-2008 9.97 10.07 8.99 8.9 9.41
Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan-Growth 19-04-2002 9.97 10.07 8.99 8.9 9.31
Nippon India Banking & PSU Debt Fund- Growth Plan- Growth Option 10-05-2015 9.97 10.38 9.08 8.62 -
IDFC Banking & PSU Debt Fund-Regular Plan- Growth Option 07-03-2013 9.73 10.61 9.57 8.41 -
HDFC Banking and PSU Debt Fund - Regular Plan - Growth Option 10-03-2014 9.71 10.05 8.67 8.58 -
DSP Banking & PSU Debt Fund - Regular Plan - Growth 05-09-2013 9.7 9.93 8.78 8.4 -
Tata Banking & PSU Debt Fund-Regular Plan-Growth 05-10-2019 9.62 - - - -
SBI BANKING & PSU FUND - Regular Plan - Growth 09-10-2009 9.37 9.87 8.97 8.31 8.65

Scheme Characteristics

Minimum investment in Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions - 80% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

100.0%

Scheme Documents

There are no scheme documents available

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months

Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **

In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.

** The DDT is to be paid by the mutual fund

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