1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.
Taxability of earnings:
Capital gains
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.94 | -1.10 | -1.03 | 9.24 | 30.55 | 41.04 | 2.29 | 5.72 | 16.32 | -- | -- |
| S&P BSE Bankex TRI | 1.66 | -0.95 | -1.13 | 7.82 | 30.45 | 41.37 | 3.37 | 6.42 | 16.83 | -- | -- |
| Equity: Sectoral-Banking | 3.25 | -1.20 | -1.12 | 9.39 | 30.29 | 36.94 | 0.88 | 2.18 | 13.92 | -- | -- |
| Rank within category | 14 | 17 | 20 | 13 | 10 | 6 | 15 | 10 | 10 | -- | -- |
| Number of funds in category | 28 | 28 | 28 | 28 | 26 | 23 | 23 | 17 | 17 | 11 | 8 |
As on 21-Jan-2021
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| Kotak Banking ETF Fund Regular | Invest Online | Dec-14 | 2.29 | 5.72 | 16.32 | 0.18 | 6,777 | |
| SBI Banking & Financial Services Fund - Regular Plan | Invest Online |  |
Feb-15 | 8.99 | 10.78 | 21.00 | 2.34 | 2,095 |
| Tata Banking and Financial Services Fund - Regular Plan | Invest Online |  |
Dec-15 | 7.00 | 8.94 | 18.99 | 2.58 | 615 |
| Nippon India ETF Bank BeES | Invest Online | May-04 | 2.42 | 5.79 | 16.27 | 0.18 | 7,475 | |
| SBI ETF Nifty Bank Fund | Invest Online | Mar-15 | 2.47 | 5.81 | 16.36 | 0.20 | 3,512 |
| Best (Period) | Worst (Period) | |
|---|---|---|
| Week | 17.71 (26-May-2020 - 02-Jun-2020) | -27.18 (16-Mar-2020 - 23-Mar-2020) |
| Month | 28.83 (22-May-2020 - 23-Jun-2020) | -46.04 (20-Feb-2020 - 23-Mar-2020) |
| Quarter | 48.47 (24-Sep-2020 - 24-Dec-2020) | -48.38 (23-Dec-2019 - 23-Mar-2020) |
| Year | 52.40 (24-Feb-2016 - 23-Feb-2017) | -45.44 (27-May-2019 - 26-May-2020) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | 12.42 | 33.69 | 0.23 | 0.26 | 1.00 | -1.06 |
| S&P BSE Bankex TRI | 13.44 | 33.46 | 0.26 | 0.30 | -- | -- |
| Equity: Sectoral-Banking | 7.70 | 33.23 | 0.11 | 0.10 | 0.95 | -5.33 |
| Rank within category | 7 | 10 | 10 | 8 | 12 | 10 |
| Number of funds in category | 17 | 17 | 17 | 17 | 17 | 17 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2020
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| Number of Stocks | 13 |
| Top 10 Stocks (%) | 98.03 |
| Top 5 Stocks (%) | 87.26 |
| Top 3 Sectors (%) | 99.52 |
| Portfolio P/B Ratio | 2.10 |
| Portfolio P/E Ratio | 35.40 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 3,03,999 | 2,26,897 |
| Giant (%) | 87.68 | 75.74 |
| Large (%) | 7.70 | 8.90 |
| Mid (%) | 4.62 | 13.23 |
| Small (%) | -- | 5.54 |
| Tiny (%) | -- | -- |
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| Company | Sector | P/E | 3Y High | 3Y Low | % Assets | |
|---|---|---|---|---|---|---|
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HDFC Bank | Financial | 26.46 | 37.03 | 25.98 | 27.03 |
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ICICI Bank | Financial | 27.39 | 20.31 | 14.76 | 19.40 |
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Kotak Mahindra Bank | Financial | 40.67 | 16.65 | 12.15 | 15.36 |
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Axis Bank | Financial | 58.29 | 16.28 | 7.33 | 15.11 |
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State Bank of India | Financial | 11.22 | 12.54 | 7.92 | 10.36 |
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Indusind Bank | Financial | 25.07 | 8.38 | 3.52 | 4.99 |
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Bandhan Bank | Financial | 20.97 | 2.75 | 0.00 | 2.67 |
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Federal Bank | Financial | 10.32 | 1.69 | 1.18 | 1.31 |
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RBL Bank | Financial | 30.70 | 2.16 | 0.00 | 1.02 |
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Punjab National Bank | Financial | -- | 1.47 | 0.43 | 0.78 |
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IDFC First Bank | Financial | -- | 0.93 | 0.38 | 0.76 |
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Bank of Baroda | Financial | 105.84 | 1.23 | 0.66 | 0.73 |
|
Yes Bank | Financial | -- | 5.77 | 0.00 | 0.00 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— Devender Singhal since 09-May-2019
Education: Mr. Singhal has done B.A. (Maths) from Delhi University and PGDM, Finance from Fore School of Management, Delhi.
Experience: Prior to joining Kotak Mahindra AMC , he has worked with Kotak Securities Ltd.(July 2007 -- January 2009) ,Religare (February 2006 -- June 2007), Karvy (July 2004 -- January 2006), P N Vijay Financial Services Pvt Ltd(2001 -- 2004) and Dundee Mutual Fund( Summer Trainee ) (May 2000 -- June 2000 ).
Funds Managed:
— Satish Dondapati since 09-May-2019
Education: Mr. Dondapati has done MBA Finance
Experience: Prior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.
Funds Managed:
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The scheme seeks to provide returns before expenses that closely correspond to the total returns of stocks as represented by the Nifty Bank Index subject to tracking errors.
| Minimum Investment (₹) | 5,000 |
| Minimum Addl Investment (₹) | 1,000 |
| Minimum SIP Investment (₹) | -- |
| Minimum No of Cheques | -- |
| Minimum Withdrawal (₹) | -- |
| Minimum Balance (₹) | -- |
| Exit Load | 0 |
| Fund House: | Kotak Mahindra Mutual Fund |
| Launch Date: | 04-Dec-2014 |
| Return Since Launch: | 9.65% |
| Benchmark: | NIFTY Bank TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | ₹ 6,777 Cr (As on 31-Dec-2020) |
| Expense: | 0.18% (As on 31-Dec-2020) |
| Risk Grade: | -- |
| Return Grade: | -- |
| Turnover: | 93.78% |
AMC: Kotak Mahindra Asset Management Company Ltd
Address: 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400051
Phone: 022-61152100 / 1800-22-2626
Fax: 022-66384455
Email: [email protected]
Website: http://www.kotakmutual.com
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Fax: 044-30407101
Email: [email protected]
Website: www.camsonline.com
Saturday, 23-Jan-2021
04:00 PM - 04:30 PM