Can I invest in SIP and Lumpsum in Kotak Banking and PSU Debt Fund (IDCW) Direct Growth?

Yes, you can invest both lumpsum and SIP in Kotak Banking and PSU Debt Fund (IDCW). Minimum lumpsum investment Kotak Banking and PSU Debt Fund (IDCW) is ₹100 and minimum SIP amount is ₹100 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of Kotak Banking and PSU Debt Fund (IDCW) Direct Growth?

The latest NAV (Net Asset Value) of Kotak Banking and PSU Debt Fund (IDCW) is Kotak Banking and PSU Debt Fund (IDCW) is ₹11.76 as on 2025-01-01.

Which are the biggest stock holdings of Kotak Banking and PSU Debt Fund (IDCW)?

The 5 biggest stock holdings of Kotak Banking and PSU Debt Fund (IDCW) are: Power Fin.Corpn. (5.83%), N A B A R D (4.61%), HDFC Bank (3.73%), Natl. Hous. Bank (3.52%), Power Grid Corpn (3.21%)

What are the top sectors Kotak Banking and PSU Debt Fund (IDCW) invests in?

A majority of Kotak Banking and PSU Debt Fund (IDCW) 's AUM worth ₹5,707.61 (Cr) is invested in these 3 top sectors: There is no data for Top 3 sector holdings in the portfolio!

Mutual Funds
Kotak Banking and PSU Debt Fund (IDCW)

Kotak Banking and PSU Debt Fund (IDCW)

Banking and PSU Fund

Invest Now

NAV
11.76(-0.00%)
Fund Size (CR)
₹5,678.58
Expense Ratio
0.75
Scheme Type
Active Fund
Value Research

Min. investment
₹100
Minimum Additional Investment
₹100
Minimum SIP Investment
₹100
Minimum Withdrawal
₹1,000
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
6.99%

Absolute Return: 1.41%

Annualized Return: 0%

Basic Details

Scheme Manager

Deepak Agrawal

Bench Mark

CRISIL Banking and PSU Debt A-II Index

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	23 December 2024	10006.65	0.07%	-	0.12%	114/166
1 Month	29 November 2024	10043.76	0.44%	-	0.46%	112/166
3 Month	30 September 2024	10142.59	1.43%	-	1.42%	99/166
6 Month	28 June 2024	10402.16	4.02%	-	3.91%	59/166
1 Year	29 December 2023	10796.97	7.97%	7.97%	7.84%	71/166
3 Year	30 December 2021	11945.37	19.45%	6.10%	6.08%	68/156
5 Year	30 December 2019	13585.68	35.86%	6.32%	6.37%	82/129
Since Inception	7 May 1999	56686.36	466.86%	6.99%	7.00%	108/166

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 January 2024	1,30,000	677796.43	421.38%	421.38%
3 Year	3 January 2022	3,70,000	2026819.17	447.79%	76.28%
5 Year	1 January 2020	6,10,000	3378092.70	453.79%	40.82%
10 Year	1 January 2015	12,10,000	6716345.40	455.07%	18.70%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.31%

Standard Deviation

0.04%

Beta

-0.81%

Sharpe Ratio

0.93%

Treynor's Ratio

-1.11%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
Power Fin.Corpn.	5.83%	33000	332.55	Corporate Debts	Debt Others
N A B A R D	4.61%	26200	263.33	Corporate Debts	Debt Others
HDFC Bank	3.73%	21000	212.74	Corporate Debts	Debt Others
Natl. Hous. Bank	3.52%	20000	200.91	Corporate Debts	Debt Others
Power Grid Corpn	3.21%	20002	183.16	Corporate Debts	Debt Others
REC Ltd	2.74%	15500	156.53	Corporate Debts	Debt Others
REC Ltd	2.70%	15000	154.09	Corporate Debts	Debt Others
St Bk of India	2.47%	1450	141.23	Corporate Debts	Debt Others
S I D B I	2.39%	13500	136.62	Corporate Debts	Debt Others
LIC Housing Fin.	2.22%	1250	126.71	Corporate Debts	Debt Others

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
TRUSTMF Banking & PSU Fund - Dir (IDCW-D) RI	190.34	0.61%	2.02%	5.16%	10.30%	8.28%
DSP Banking & Psu Debt Fund - Direct (IDCW-D)	3075.62	0.57%	1.19%	4.22%	8.95%	6.39%
DSP Banking & Psu Debt Fund - Direct (G)	3075.62	0.57%	1.22%	4.27%	8.89%	6.42%
DSP Banking & Psu Debt Fund - Direct (IDCW-Q)	3075.62	0.57%	1.22%	4.27%	8.84%	6.40%
Edelweiss Banking & Psu Debt Fund-Dir (IDCW-F)	270.97	0.35%	0.89%	3.69%	8.77%	5.56%

News

Kotak Mahindra MF announces change in Tier ' 2 Benchmark index under its scheme

Kotak Mahindra Mutual Fund has announced change in the Tier ' 2 Benchmark shall be discontinued with effect from December 30, 2024.

Change in name of Benchmark of Kotak Money Market Fund

Scheme Name	Existing Benchmark (Tier 2)	Revised Benchmark (Tier 2)
Kotak Money Market Fund	Nifty Money Market Index	NIL
Kotak Bond Short Term Fund	Nifty Short Duration Debt Index	NIL
Kotak Savings Fund	Nifty Ultra Short Duration Debt Index	NIL
Kotak Medium Term Fund	Nifty Medium Duration Debt Index	NIL
Kotak Low Duration Fund	Nifty Low Duration Debt Index	NIL
Kotak Bond Fund	Nifty Medium to Long Duration Debt Index	NIL
Kotak Credit Risk Fund	Nifty Credit Risk Bond Index	NIL
Kotak Dynamic Bond Fund	Nifty Composite Debt Index	NIL
Kotak Liquid Fund	Nifty Liquid Index	NIL

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Kotak Mutual Fund announces change in Exit Load Structure

Kotak Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 23 December 2024

Change in Exit Load:

Name of the Scheme	Existing Exit Load Structure	Revised Exit Load Structure
Kotak Transportation & Logistics Fund	' For redemption / switch out within 30 days from the date of allotment: 1% ' If units are redeemed or switched out on or after 30 days from the date of allotment: NIL Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme. Units issued on reinvestment of IDCW shall not be subject to entry and exit load. No exit load will be chargeable in case of switches made between different plans/options of the scheme. The AMC reserves the right to change / modify the Load structure the Scheme, subject to maximum limits as prescribed under the SEBI (MF) Regulations and circulars issued thereunder from time to time.	' For redemption / switch out within 90 days from the date of allotment: 0.5% ' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme. Units issued on reinvestment of IDCW shall not be subject to entry and exit load. No exit load will be chargeable in case of switches made between different plans/options of the scheme. The AMC reserves the right to change / modify the Load structure the Scheme, subject to maximum limits as prescribed under the SEBI (MF) Regulations and circulars issued thereunder from time to time.

Name of the Scheme

Existing Exit Load Structure

Revised Exit Load Structure

Kotak Transportation & Logistics Fund

' For redemption / switch out within 30 days from the date of allotment: 1%

' If units are redeemed or switched out on or after 30 days from the date of allotment: NIL

Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme.

Units issued on reinvestment of IDCW shall not be subject to entry and exit load.

No exit load will be chargeable in case of switches made between different plans/options of the scheme.

The AMC reserves the right to change / modify the Load structure the Scheme, subject to maximum limits as prescribed under the SEBI (MF) Regulations and circulars issued thereunder from time to time.

' For redemption / switch out within 90 days from the date of allotment: 0.5%

' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil

Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme.

Units issued on reinvestment of IDCW shall not be subject to entry and exit load.

No exit load will be chargeable in case of switches made between different plans/options of the scheme.

The AMC reserves the right to change / modify the Load structure the Scheme, subject to maximum limits as prescribed under the SEBI (MF) Regulations and circulars issued thereunder from time to time.

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Kotak Equity Arbitrage Fund announces Income Distribution cum capital withdrawal (IDCW)
Kotak Mahindra Mutual Fund has announced 23 December 2024 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under the monthly IDCW option of Kotak Equity Arbitrage Fund. The amount of IDCW on the face value of Rs 10 per unit will be:
Regular Plan ' Monthly IDCW Option: Rs 0.0353
Direct Plan ' Monthly IDCW Option: Rs 0.04519
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Fund House Details & Investment Objective

Date of Incorporation

29 December 1998

Total AUM (Cr)

₹5707.61

Kotak Banking and PSU Debt Fund (IDCW) is an Banking and PSU Fund-oriented fund from the renowned AMC, Kotak Mahindra Mutual Fund. Launched in 29 December 1998, this fund is managed by Deepak Agrawal. With assets under management (AUM) worth ₹5,707.61 (Cr), as of 1 January 2025, Kotak Banking and PSU Debt Fund (IDCW) is categorized as a Banking and PSU Fund within its segment. The fund has generated a return of 6.99% since its launch.
The current NAV of Kotak Banking and PSU Debt Fund (IDCW) is ₹11.76, as on 1 January 2025. The fund's benchmark index is CRISIL Banking and PSU Debt A-II Index. You can invest in Kotak Banking and PSU Debt Fund (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 6.10% and 6.32% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 96.58% in Debt and 3.42% in cash and cash equivalents.

FAQs

How to Invest in Kotak Banking and PSU Debt Fund (IDCW) Direct Growth?

Kotak Banking and PSU Debt Fund (IDCW) is a popular fund in the Banking and PSU Fund segment. The fund has generated a return of 6.99% since inception. Looking to invest in Kotak Banking and PSU Debt Fund (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Kotak Banking and PSU Debt Fund (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Kotak Banking and PSU Debt Fund (IDCW)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Kotak Banking and PSU Debt Fund (IDCW) today and reap the benefits of this Banking and PSU Fund fund!

How much returns has Kotak Banking and PSU Debt Fund (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Kotak Banking and PSU Debt Fund (IDCW) has generated annualised return of 7.97%. In the long-term, the fund has generated 6.10% and 6.32% in 3 and 5 years respectively. Since its inception, the fund has generated 6.99% returns.

What is the expense ratio of Kotak Banking and PSU Debt Fund (IDCW) Direct Growth?

The expense ratio of Kotak Banking and PSU Debt Fund (IDCW) Direct Growth is 0.75%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Kotak Banking and PSU Debt Fund (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Kotak Banking and PSU Debt Fund (IDCW) is ₹5,707.61 (Cr) as of 2025-01-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Kotak Banking and PSU Debt Fund (IDCW) Direct Growth?

Redeeming or selling units of Kotak Banking and PSU Debt Fund (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Kotak Banking and PSU Debt Fund (IDCW):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Kotak Banking and PSU Debt Fund (IDCW)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).