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  • Kotak Banking and PSU Debt of Income Distribution cum Cap Wdrl fund (RIDCW-A)

Formerly Kotak Banking and PSU Debt Reg Ann DR

Kotak Mutual Fund

Kotak Banking and PSU Debt of Income Distribution cum Cap Wdrl fund (RIDCW-A)

DebtBanking And Psu

Top Ranked

16.1842

NAV (Sep 15)

6.5%
3 Year CAGR
Scripbox Opinion

Top Ranked

These are the top-ranked funds within banking and psu mutual funds.However, Scripbox does not recommend investing in banking and psu mutual funds.Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.

They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.

The category accounts for close to 8% of the total assets in the Debt Segment.

We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

23 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

9,358 Cr. Large within the category

Impact of Interest Rate Changes

High Interest Rate Risk. The impact on fund value is high when interest rates change

Credit Quality Of Fund's Portfolio

Low Credit Risk. The fund has a high credit quality compared to other debt funds

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Short Term Money

Short Term Money

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  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

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Historical NAV

16.1842

NAV (Sep 15)

Fund Returns

Last 1Y
5.8%
Last 3Y
6.5%
Last 5Y
7%
Last 10Y
6.4%
Since Inception
NA
6 Month CAGR
2.2%
info-icon-blue

Scheme Information

Investment 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.There is no assurance that or guarantee that the investment objective of the scheme will be achieved.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Moderate Risk

Expense Ratio
0.76
Launched (23y ago)
Dec 29, 1998
AUM in Crores
9357.577
ISIN
INF174K01FR6
Lock-in
No Lock-in
Benchmark
CRISIL Banking and PSU Debt TR INR
SIP Minimum
0
Lumpsum Min.
5000
Fund Managers
user-avatar

Deepak Agrawal

Fund Manager

calculator

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
    Expert Investing Only, Car, Down Payment
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comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record

Kotak Savings Fund (G)

recommended-badge

₹ 13,509 cr

5

recommended-badge

₹ 33,192 cr

5

recommended-badge

₹ 11,590 cr

5

recommended-badge

₹ 22,849 cr

5

recommended-badge

₹ 33,722 cr

5

amc-icon

About the AMC

Kotak Mahindra Asset Management Co Ltd

Kotak Mahindra Asset Management Co Ltd manages assets worth 281,432 crores and was set up on 5 August 1994. It's current offering of mutual fund schemes includes 37 equity,164 debt and 26 hybrid funds.

amc-img

  • tel-amc-about
    022-66384444
  • mail-amc-about
    fundaccops@kotakmutual.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    recommended-badge

    6%

    7.4%

    recommended-badge

    24.2%

    %

    top-ranked-badge

    4.8%

    5.5%

    top-ranked-badge

    5%

    6.1%

    top-ranked-badge

    23.7%

    %

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers
    We manage to deliver better strategies to people who trust us.

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    About Kotak Banking and PSU Debt of Income Distribution cum Cap Wdrl fund (RIDCW-A)

    About Kotak Banking and PSU Debt of Income Distribution cum Cap Wdrl fund (RIDCW-A)

    Kotak Banking and PSU Debt of Income Distribution cum Cap Wdrl fund (RIDCW-A) is a Banking And Psu Debt fund and has delivered an annualised return of null% over a period of 22 years. The fund was previously known as Kotak Banking and PSU Debt Reg Ann DR . The fund is managed by Kotak Mahindra Asset Management Co Ltd. The fund manager’s name is Deepak Agrawal

    Kotak Banking and PSU Debt of Income Distribution cum Cap Wdrl fund (RIDCW-A) Investment 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.There is no assurance that or guarantee that the investment objective of the scheme will be achieved. . However, there is no assurance that the objective of the scheme will be realized.

    Kotak Banking and PSU Debt of Income Distribution cum Cap Wdrl fund (RIDCW-A) NAV,AUM,Risk

    The Kotak Banking and PSU Debt of Income Distribution cum Cap Wdrl fund (RIDCW-A) fund was launched on Dec 29, 1998. The NAV (Net Asset Value) of this Banking And Psu Debt fund as of 2017-09-15 is ₹16.18. The total AUM (Asset Under Management) of the fund as of 26/10/2021 is ₹9357.577. The category risk of the Kotak Banking and PSU Debt of Income Distribution cum Cap Wdrl fund (RIDCW-A) fund is Moderate Risk. The fund charges 0.76 % as expense ratio.

    Kotak Banking and PSU Debt of Income Distribution cum Cap Wdrl fund (RIDCW-A) Holdings

    The fund’s highest allocation is towards Debt and has invested 74.2% in this asset class. The top three holdings of the fund are , govt stock , 7.59% govt stock 2026 , export-import bank of india , triparty repo , state bank of india , net current assets/(liabilities) , national bank for agriculture and rural development , national bank for agriculture and rural development , power finance corporation limited , axis bank limited , national bank for agriculture and rural development , 7.33% govt stock 2031 , hdfc bank limited , axis bank limited , allahabad bank , power finance corporation limited , bank of baroda , indian railway finance corporation limited , hdfc bank limited , export import bank of india , state bank of india , axis bank limited , union bank of india , punjab national bank , food corporation of india limited , union bank of india , national highways authority of india , icici bank limited , small industries development bank of india , canara bank , national bank for agriculture and rural development , canara bank , state bank of india , food corporation of india , power finance corporation ltd. , axis bank limited , food corporation of india , rec limited , union bank of india , axis bank limited , bank of baroda , 07.23 ka sdl 2028 , bank of baroda , 08.19 ka sdl 2029 , national bank for agriculture and rural development , indian railway finance corporation limited , 07.15 ka sdl 2028 , icici bank limited , state bank of india , rural electrification corporation limited , mangalore refinery & petrochemicals ltd. , 8.03% u.p. sdl 2026 , chennai petroleum corporation ltd , ntpc limited , power finance corporation limited , power finance corporation limited , union bank of india , rural electrification corporation limited , rec limited , national highways authority of india , national highways authority of india , power finance corporation limited , indian railway finance corporation limited , indian railway finance corporation limited , food corporation of india , rec limited , rec limited , power finance corporation limited , axis bank limited , small industries development bank of india , export-import bank of india , national bank for agriculture and rural development , united bank of india , bank of baroda , indian oil corporation limited , 08.71% up sdl spl 2021 , goi floating rate bond 2024 , bank of baroda , rural electrification corporation limited , icici bank limited , 06.46 gj sdl 2030 , export-import bank of india

    Kotak Banking and PSU Debt of Income Distribution cum Cap Wdrl fund (RIDCW-A) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹null and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.

    Kotak Banking and PSU Debt of Income Distribution cum Cap Wdrl fund (RIDCW-A) Investment volatility and Horizon

    This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Banking and PSU Debt TR INR.

    Kotak Banking and PSU Debt of Income Distribution cum Cap Wdrl fund (RIDCW-A) Review

    Kotak Banking and PSU Debt of Income Distribution cum Cap Wdrl fund (RIDCW-A) has a score of 4 on a scale of 5. The fund has a score of 5 out of 5 based on historical performance. As compared to the other funds in its category, Kotak Banking and PSU Debt of Income Distribution cum Cap Wdrl fund (RIDCW-A) has a score of 4out of 5 The credit risk of the fund is 4 out of 5 as compared to other debt funds.

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