- Mutual Funds
- Kotak Mahindra Mutual Fund
- Kotak Banking and PSU Debt Fund Direct Growth
Kotak Banking and PSU Debt Fund Direct Plan Growth
₹ 67.56
NAV (Apr 24)
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.
Scheme Information
The scheme seeks 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.
Expense Ratio | 0.39 % |
Launched | - |
AUM in Crores | 6011.3 |
ISIN | INF174K01KH7 |
Lock-in (days) | No Lock-in |
Benchmark | CRISIL Banking and PSU Debt A-II Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 1.1 |
Beta | 2.1 |
Sharpe Ratio | 0.4 |
YTM | - |
Asset allocation and Holdings
Top Debt Holdings
GOI
12.47%National Bank For Agriculture & Rural Development
6.83%National Housing Bank
4.81%GOI
4.68%GOI
4.29%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,772 cr | ||
₹ 14,724 cr | ||
₹ 9,086 cr | ||
₹ 42,292 cr | ||
₹ 13,733 cr |
