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Kotak Banking and PSU Debt Fund is an Open Ended Debt Scheme. The investment objective of the scheme is to generate income by predominantly investing in debt & money market securities issued by Banks & PSUs 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.

 

Scheme Facts

Structure
An open - ended debt scheme
AUM*
₹ 1293.6 Cr.
AAUM*
₹ 1120.16 Cr.
Fund managers
Mr. Deepak Agrawal
Conversion Date
December 29, 1998
Benchmark
CRISIL Short Term Bond Fund Index

Load structure

Entry load
Nil
Exit load
Nil

Other details

Min. Initial Inv.
` Dividend Reinvestment, Dividend Payout & Growth – ` 5,000 & above
Additional Inv.
` 1000 & in multiples of `1
Standard Deviation ^
2.12 %
YTM^
7.77 %
Portfolio Modified Duration^
1.96 Yrs
Average maturity^
2.46 Yrs

Expense Ratio

KOTAK BANKING AND PSU DEBT FUND - 0.5%
KOTAK BANKING AND PSU DEBT FUND-DIRECT - 0.15%

Service tax on management Fees & B15 TER not included

 

Top 10 Companies As on 31/03/2017

7.89%PNB Housing Finance Ltd.(CARE AAA)
7.48%IndusInd Bank Ltd.(CRISIL A1+)
5.50%Power Finance Corporation Ltd.(CRISIL AAA)
4.69%Rural Electrification Corporation Ltd.(CRISIL AAA)
3.95%U P Power Corporation Ltd ( GUARANTEED BY UP STATE GOVERNMENT ) (FITCH IND AA(SO))
3.93%U P Power Corporation Ltd ( GUARANTEED BY UP STATE GOVERNMENT ) (FITCH AA(IND)(SO))
3.89%State Bank Of India.(CRISIL AA+)
3.88%Bank Of Baroda(CARE AA)
3.02%AXIS Bank Ltd.(CRISIL AA)
2.81%8.53% State Government(SOV)
 

RATING PROFILE IN As on 31/03/2017

50.43%A1+, AAA, AAA(SO), IND AAA, SOV
26.95%AA+, AA, AA(IND)(SO), IND AA, IND AA(SO), AA-
18.75%Net Current Assets
1.97%CBLO & Term Deposits & Rev.Repo
1.9%A+
 

SUITABLE FOR INVESTORS WHO ARE SEEKING*

Income over a short to medium term investment horizon


Investment in debt & money market securities of PSUs, Banks & government securities


*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
 

Sector Allocation As on 31/03/2017

65.15Debentures and Bonds
18.75Net Current Assets
7.66Commercial Paper (CP)/Certificate of Deposits (CD)
6.47Government Dated Securities
1.97CBLO & Term Deposits & Rev.Repo

Essential Downloads

Disclaimer

 

* for the quarter of  October - December 2016.  Source: ICRA MFI Explorer. 
*All data as on 28th February 2017.