Our Opinion
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Clear AllValue Research Rating
Our Opinion
Riskometer
Very High
₹15.4610 -3.61%
As on 19-Mar-2026
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
We have shifted from our proprietary CapRank classification system to SEBI’s market cap classification system with effect from 14 Jan, 2026.
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Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
Kotak Banking & Financial Services Fund - Direct Plan
|
|
Very High
|
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0.68 |
||
 |
|
Very High
|
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0.72 |
||
 |
|
Very High
|
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0.95 |
||
|
|
Very High
|
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0.57 |
||
|
|
Very High
|
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0.76 |
₹1,436 Cr
0.50 (30)
100
--
100
1
About Kotak Banking & Financial Services Fund - Direct Plan
Kotak Banking & Financial Services Fund - Direct Plan is a equity mutual fund scheme of Kotak Mahindra Mutual Fund. Launched on February 27, 2023, it is currently managed by Abhishek Bisen and Shibani Sircar Kurian. The fund has an expense ratio of 0.68% with an overall AUM (Assets Under Management) of ₹1,436 Cr.
Kotak Banking & Financial Services Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in the shares of banks and financial services companies. The fund allows minimum lumpsum investment of ₹100 and minimum SIP of ₹100.
Investment Strategy
The scheme seeks to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services sector. However, there can be no assurance that the investment objective of the scheme would be achieved.
Suitability
Nobody should invest in Banking funds in our opinion, because:
If you still choose to invest:
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Kotak Banking & Financial Services Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Kotak Banking & Financial Services Fund - Direct Plan can be bought from the Kotak Mahindra Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of Kotak Banking & Financial Services Fund - Direct Plan, is ₹15.4610 as of 20-Mar-2026.
| Company | Percentage of Portfolio |
|---|---|
|
14.49
|
|
|
11.76
|
|
|
10.66
|
|
|
8.09
|
|
|
6.33
|
Over the past five years, Kotak Banking & Financial Services Fund - Direct Plan has delivered an annualised return of --% as of 20-Mar-2026.
The minimum investment required to start investing in Kotak Banking & Financial Services Fund - Direct Plan is ₹100 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.
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