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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*
₹ 1020.03 Cr.
AAUM*
₹ 977.32 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 ^
2.15 %
YTM^
8.04 %
Portfolio Modified Duration^
2.34 Yrs
Average maturity^
2.98 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 31/05/2017

11.60%U P Power Corporation Ltd ( Guaranteed By UP State Government ) (FITCH IND AA(SO))
8.93%Bank Of Baroda(CARE AA)
8.70%Power Grid Corporation of India Ltd.(CRISIL AAA)
5.72%Power Finance Corporation Ltd.(CRISIL AAA)
4.98%State Bank Of India.(CRISIL AA+)
3.89%AXIS Bank Ltd.(CRISIL AA+)
3.85%Rural Electrification Corporation Ltd.(CRISIL AAA)
3.58%8.53% State Government(SOV)
3.48%Union Bank of India(CRISIL AAA)
3.44%State Bank of Travancore(CRISIL AAA)
 

RATING PROFILE IN As on 31/05/2017

43.57%AAA, AAA(SO), SOV
39.98%AA+, AA, IND AA, IND AA(SO), AA-
12.63%Net Current Assets
2.41%A
1.41%CBLO & Term Deposits & Rev.Repo
 

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 31/05/2017

77.38Debentures and Bonds
11.31CBLO & Term Deposits & Rev.Repo
8.65Government Dated Securities
2.66Net Current Assets

Essential Downloads

Disclaimer

 

Source: ICRA MFI Explorer. 
*All data as on 31st May 2017.