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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*
₹ 1309.04 Cr.
AAUM*
₹ 1198.89 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 ^
2.05 %
YTM^
7.09 %
Portfolio Modified Duration^
2.16 Yrs
Average maturity^
2.74 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 31/08/2017

10.87%7.68% Central Government(SOV)
7.47%Export-Import Bank of India(CRISIL A1+)
7.28%National Bank for Agriculture & Rural Development(CRISIL AAA)
6.99%Bank Of Baroda(CARE AA)
6.45%Power Grid Corporation of India Ltd.(CRISIL AAA)
6.10%Power Finance Corporation Ltd.(CRISIL AAA)
5.43%State Bank Of India.(CRISIL AA+)
4.98%AXIS Bank Ltd.(CRISIL AA+)
3.74%HDFC Bank Ltd.(CARE A1+)
2.82%8.53% State Government(SOV)
 

RATING PROFILE IN As on 31/08/2017

63.06%A1+, AAA, AAA(SO), SOV
23.73%AA+, AA, IND AA-
2.98%Net Current Assets
10.23%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 31/08/2017

59.13Debentures and Bonds
17.92Government Dated Securities
10.66CBLO & Term Deposits & Rev.Repo
8.07Commercial Paper (CP)/Certificate of Deposits (CD)
4.22Net Current Assets

Essential Downloads

Disclaimer

 

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