Kotak Banking and PSU Debt Fund (G)
Scheme Information
2019-04-26
| Asset Management Company (AMC) | Kotak Mahindra Asset Management Company Limited |
| Asset Class Type | Debt |
| Inception Date | Dec 29, 1998 |
| Benchmark | CRISIL Banking and PSU Debt Index |
| 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. |
| Fund Manager | Deepak Agrawal |
| AUM (In Crores) | 1241.58 |
| Allocation |
Others: 4.1487% Debt: 95.8513% |
| Minimum Investment Amount |
First Investment:
5000
|
| Expense Ratio | 0.47 |
| Average Maturity | 1430.80 Days |
| Modified Duration | 1058.50 Days |
| Yield to Maturity | 8.27% |
Scripbox has taken due care and caution in compilation of the data contained in this factsheet. This data has been obtained by Scripbox from sources which it considers reliable. However, please verify the data from the mutual fund (link provided) before taking any Investment action based on this information.
Recommended Funds
Equity: Mirae Asset Large Cap Fund (G) • HDFC Top 100 Fund (G) • Kotak Standard Multicap Fund (G) • Parag Parikh Long Term Equity Fund (G)
Debt:
Axis Liquid Fund (G) •
SBI Magnum Low Duration Fund (G) •
ICICI Prudential Corporate Bond Fund - Regular (G)
Tax Saver Plan:
DSP Tax Saver Fund (G) •
Motilal Oswal Long Term Equity Fund (G)
Emergency Fund:
Axis Liquid Fund (G) •
Tata Liquid Fund (G)