June 30, 2025
mayank
Kotak Banking and PSU Debt Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 68.3325
NAV IDCW Monthly: Rs 10.2490
Suitable For Which Investors?
“Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
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.
Fund Manager:
1) Deepak Agrawal
Education: Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.
Experience: He has been associated with Kotak AMC since 2002.
2) Dharmesh Thakar
Education: PGeMBA in Finance
Experience: Prior to joining the Kotak AMC, he was associated with Trust Financial Consultancy Services Pvt Ltd.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 1 |
| Min. Balance (Rs) | 1,000 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Kotak Banking and PSU Debt Fund
| Fund House | Kotak Mahindra Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 8.27% |
| Benchmark | CRISIL Banking and PSU Debt A-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 6,213 Cr |
| (As on 31-May-2025) | |
| Expense | 0.40% |
| (As on 31-May-2025) | |
| Risk Grade | Above Average |
| Return Grade | Above Average |
Trailing Returns (%) of Kotak Banking and PSU Debt Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Kotak Banking & PSU Debt Dir | 4.98 | -0.02 | -0.06 | 2.83 | 5.09 | 9.51 | 8.16 | 6.73 | 7.97 | 7.93 |
| CCIL T Bill Liquidity Weight | 2.75 | 0.10 | 0.45 | 1.52 | 2.75 | 5.23 | 4.55 | 3.53 | 3.74 | 3.94 |
| Debt: Banking and PSU | 4.91 | -0.01 | -0.01 | 2.74 | 5.02 | 9.33 | 7.84 | 6.36 | 7.55 | 7.67 |
| Rank within category | 7 | 14 | 13 | 10 | 7 | 7 | 3 | 3 | 2 | 4 |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 20 | 16 | 16 | 13 |
Peer Comparison of Kotak Banking and PSU Debt Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Kotak Banking & PSU Debt Dir | 3 star | 9.51 | 8.16 | 6.73 | 0.40 | 6,213 | 8.27 | — | 12Y 5M |
| Bandhan Banking & PSU Debt Dir | 4 star | 9.05 | 7.56 | 6.26 | 0.33 | 13,580 | 7.86 | — | 12Y 3M |
| Axis Banking & PSU Debt Dir | 4 star | 9.23 | 7.44 | 6.19 | 0.35 | 13,470 | 7.90 | — | 12Y 5M |
| ICICI Pru Banking & PSU Debt Dir | 5 star | 9.13 | 8.24 | 6.92 | 0.39 | 10,485 | 8.25 | — | 12Y 5M |
| ABSL Banking & PSU Debt Dir | 4 star | 9.38 | 7.88 | 6.56 | 0.39 | 8,991 | 8.51 | — | 12Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 69 | 64 |
| Macaulay Duration (yrs) | 3.76 | 3.50 |
| Average Maturity (yrs) | 5.20 | 4.80 |
| Yield to Maturity (%) | 6.68 | 6.54 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Kotak Banking and PSU Debt Fund
WILL Post Soon
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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