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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*
₹ 1518.4 Cr.
AAUM*
₹ 1420.27 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 ^
2.08 %
YTM^
7.29 %
Portfolio Modified Duration^
2.12 Yrs
Average maturity^
2.67 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 31/10/2017

8.41%Power Finance Corporation Ltd.(CRISIL AAA)
7.76%Rural Electrification Corporation Ltd.(CRISIL AAA)
7.04%Bank Of Baroda(CARE AA)
6.60%Indian Railway Finance Corporation Ltd.(CRISIL AAA)
6.26%National Bank for Agriculture & Rural Development(CRISIL AAA)
5.47%Power Grid Corporation of India Ltd.(CRISIL AAA)
4.63%6.84% Central Government(SOV)
4.34%State Bank Of India.(CRISIL AAA)
4.28%AXIS Bank Ltd.(CRISIL AA+)
3.80%IndusInd Bank Ltd.(CRISIL A1+)
 

RATING PROFILE IN As on 31/10/2017

 

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 31/10/2017

5.01CBLO & Term Deposits & Rev.Repo
68.24Debentures and Bonds
14.21Government Dated Securities
8.15Net Current Assets
4.39Commercial Paper (CP)/Certificate of Deposits (CD)

Essential Downloads

Disclaimer

 

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