1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.
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 | -0.05 | 0.03 | -0.04 | 0.20 | 1.32 | 2.77 | 9.85 | 9.15 | 8.72 | 8.76 | 8.71 |
CCIL T Bill Liquidity Weight | 0.06 | 0.01 | 0.04 | 0.13 | 0.48 | 1.09 | 3.02 | 3.79 | 4.01 | 4.43 | 4.70 |
Debt: Banking and PSU | -0.19 | 0.03 | -0.07 | 0.05 | 1.01 | 2.32 | 9.12 | 8.57 | 8.28 | 8.55 | 8.68 |
Rank within category | 4 | 9 | 6 | 5 | 3 | 3 | 8 | 3 | 3 | 4 | -- |
Number of funds in category | 22 | 22 | 22 | 22 | 20 | 19 | 19 | 16 | 14 | 10 | 3 |
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 and PSU Debt Fund Regular Plan | Invest Online | Dec-98 | 9.85 | 9.15 | 8.72 | 0.76 | 10,801 | |
IDFC Banking & PSU Debt Fund - Regular Plan | Mar-13 | 9.98 | 9.59 | 8.42 | 0.65 | 17,685 | |
Axis Banking & PSU Debt Fund | Jun-12 | 8.78 | 8.99 | 8.49 | 0.62 | 16,896 | |
Nippon India Banking & PSU Debt Fund | Invest Online | May-15 | 10.21 | 9.10 | 8.64 | 0.79 | 7,210 | |
LIC MF Banking & PSU Debt Fund | Invest Online | May-07 | 7.76 | 8.32 | 7.82 | 0.83 | 2,456 |
Best (Period) | Worst (Period) | |
---|---|---|
Week | 2.86 (24-Mar-2020 - 31-Mar-2020) | -1.81 (12-Mar-2020 - 19-Mar-2020) |
Month | 3.48 (24-Mar-2020 - 23-Apr-2020) | -2.47 (20-Feb-2020 - 23-Mar-2020) |
Quarter | 6.15 (24-Mar-2020 - 24-Jun-2020) | -0.81 (21-May-2010 - 20-Aug-2010) |
Year | 12.66 (24-Jul-2013 - 24-Jul-2014) | 2.12 (21-Apr-2009 - 21-Apr-2010) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 8.99 | 2.31 | 1.83 | 3.39 | 1.56 | 5.75 |
CCIL T Bill Liquidity Weight | 3.78 | 0.34 | -2.89 | -5.80 | -- | -- |
Debt: Banking and PSU | 8.47 | 2.35 | 1.69 | 3.29 | 1.99 | 5.66 |
Rank within category | 3 | 12 | 8 | 10 | 7 | 7 |
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
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 116 | 116 | 81 | 87 |
Modified Duration (yrs) | 2.95 | 3.56 | 2.42 | 2.66 |
Average Maturity (yrs) | 3.98 | 4.73 | 3.29 | 3.42 |
Yield to Maturity (%) | 5.17 | 7.13 | 5.17 | 4.79 |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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7.10% National Bank Agr. Rur. Devp 2030 | Debenture | AAA | 0.00 - 4.87 | 4.58 |
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6.79% GOI 15/05/2027 | GOI Securities | SOV | 0.00 - 4.51 | 3.60 |
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8.90% State Bank of India 2028 | Non Convertible Debenture | AAA | 0.88 - 4.70 | 3.23 |
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Reserve Bank of India 182-D 03/06/2021 | Treasury Bills | SOV | 0.00 - 3.17 | 3.17 |
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Export-Import Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 3.13 | 2.97 |
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7.33% IRFC 27/08/2027 | Debenture | AAA | 0.00 - 2.74 | 2.37 |
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7.41% Power Finance Corp. 25/02/2030 | Debenture | AAA | 0.00 - 2.29 | 2.16 |
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Export-Import Bank 218-D 04/03/2021 | Commercial Paper | A1+ | 0.00 - 2.07 | 2.07 |
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Axis Bank 22/10/2021 | Certificate of Deposit | A1+ | 0.00 - 2.13 | 2.02 |
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Reserve Bank of India 182-D 18/03/2021 | Treasury Bills | SOV | 0.00 - 1.94 | 1.84 |
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Reserve Bank of India 91-D 04/03/2021 | Treasury Bills | SOV | 0.00 - 1.84 | 1.84 |
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9.53% Indian Bank 27/12/2029 | Debenture | AA+ | 0.00 - 1.81 | 1.71 |
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7.59% GOI 2026 | GOI Securities | SOV | 0.00 - 8.29 | 1.68 |
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7.45% REC 30/11/2022 | Non Convertible Debenture | AAA | 0.00 - 1.92 | 1.66 |
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8.42% Bank of Baroda 2028 | Debenture | AAA | 1.10 - 2.92 | 1.56 |
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REC 13/12/2022 | Debenture | AAA | 1.14 - 2.20 | 1.46 |
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6.50% Power Finance Corp. 17/09/2025 | Non Convertible Debenture | AAA | 0.00 - 2.11 | 1.43 |
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6.22% Kerala State 2027 | State Development Loan | SOV | 0.00 - 1.40 | 1.40 |
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6.80% State Bank of India 21/08/2035 | Non Convertible Debenture | AAA | 0.00 - 1.50 | 1.40 |
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Axis Bank 21/12/2021 | Floating Rate Debenture | AAA | 0.00 - 1.39 | 1.39 |
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8.50% Canara Bank | Debenture | AA | 0.00 - 1.39 | 1.39 |
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7.68% Power Finance Corp. 15/07/2030 | Non Convertible Debenture | AAA | 0.00 - 1.82 | 1.32 |
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9.50% Union Bank of India 31/12/2048 | Bonds | AA- | 0.00 - 2.12 | 1.30 |
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7.20% Maharashtra State 2027 | State Development Loan | SOV | 0.00 - 2.23 | 1.27 |
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9.10% Union Bank of India | Non Convertible Debenture | AA | 1.26 - 2.76 | 1.26 |
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
— Deepak Agrawal since 15-Apr-2008
Education: Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.
Experience: He has been associated with Kotak AMC since 2000.
Funds Managed:
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The scheme seeks 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.
Minimum Investment (₹) | 5,000 |
Minimum Addl Investment (₹) | 1,000 |
Minimum SIP Investment (₹) | 1,000 |
Minimum No of Cheques | 6 |
Minimum Withdrawal (₹) | 1,000 |
Minimum Balance (₹) | 1,000 |
Exit Load | 0 |
Fund House: | Kotak Mahindra Mutual Fund |
Launch Date: | 29-Dec-1998 |
Return Since Launch: | 7.60% |
Benchmark: | CRISIL Banking and PSU Debt |
Riskometer: | Moderate |
Type: | Open-ended |
Assets: | ₹ 10,801 Cr (As on 31-Dec-2020) |
Expense: | 0.76% (As on 31-Dec-2020) |
Risk Grade: | Average |
Return Grade: | Above Average |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 12-Jan-2021 | 0.0487 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 06-Sep-2017 | 0.0010 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Yearly | 15-Mar-2017 | 1.0169 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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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