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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, Public Sector Undertaking (PSUs), Public Financial Institutions (PFI), Municipal Bonds 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 predominantly investing in Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.
AUM*
₹ 1135.66 Cr.
AAUM*
₹ 1130.13 Cr.
Fund managers
Mr. Deepak Agrawal
Conversion Date
December 29, 1998
Benchmark
CRISIL Banking and PSU Debt 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 ^
1.83 %
YTM^
8.79 %
Portfolio Modified Duration^
2.36 Yrs
Average maturity^
2.97 Yrs
 

Top 10 Companies As on 30/04/2018

10.45%AXIS Bank Ltd.(CRISIL AA+)
9.63%U P Power Corporation Ltd ( Guaranteed By UP State Government ) (FITCH IND AA(SO))
8.92%Small Industries Development Bank Of India(CARE AAA)
7.99%Power Grid Corporation of India Ltd.(CRISIL AAA)
7.72%Rural Electrification Corporation Ltd.(CRISIL AAA)
5.71%State Bank Of India.(CRISIL AAA)
5.63%Punjab National Bank(FITCH IND A+)
4.40%ICICI Bank Ltd.(ICRA AA+)
4.32%6.84% Central Government(SOV)
3.97%IndusInd Bank Ltd.(CRISIL A1+)
 

RATING PROFILE IN As on 30/04/2018

1.62%CBLO & Term Deposits & Rev.Repo
28.54%AA+, IND AA, IND AA(SO), AA-
61.73%A1+, AAA, AAA(SO), SOV
5.63%IND A+
2.48%Net Current Assets
 

SUITABLE FOR INVESTORS WHO ARE SEEKING*

Income over a short to medium term investment horizon


Investment in debt & money market securities of PSUs, Banks, Public Financial Institutions, government securities and Municipal Bonds.


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

Sector Allocation As on 30/04/2018

73.06Debentures and Bonds
17.53Government Dated Securities
5.31Commercial Paper (CP)/Certificate of Deposits (CD)
2.48Net Current Assets
1.62CBLO & Term Deposits & Rev.Repo

Essential Downloads

Disclaimer

 

Source: ICRA MFI Explorer. 
*All data as on 30th Apr 2018.