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Unrated

Kotak PSU Bank ETF


1 Lakh

Investment declined to
₹ 0.43 Lakh

₹ 10000

Monthly SIP Declined to
₹ 2.00 Lakh

Suitability:

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

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -47.94 0.47 3.86 2.22 -10.16 0.33 -43.23 -24.25 -16.60 -7.69 -12.04
S&P BSE Bankex TRI -24.22 -0.06 4.14 15.36 6.10 19.58 -16.56 1.34 6.78 12.91 7.94
Equity: Sectoral-Banking -24.49 0.10 3.61 12.77 3.76 19.33 -18.05 -3.47 3.44 8.29 2.24
Rank within category 23 1 13 24 23 23 22 17 15 10 8
Number of funds in category 23 26 25 25 23 23 22 17 15 10 8

As on 23-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak PSU Bank ETF  | Invest Online
Unrated
Nov-07 -43.23 -24.25 -16.60 0.49 24
SBI Banking & Financial Services Fund - Regular Plan  | Invest Online
5 star
Feb-15 -8.51 5.33 12.26 2.15 1,495
Tata Banking and Financial Services Fund - Regular Plan  | Invest Online
4 star
Dec-15 -10.14 1.05 -- 2.59 449
Nippon India ETF Bank BeES  | Invest Online
Unrated
May-04 -18.17 0.21 6.35 0.18 5,307
Kotak Banking ETF Fund Regular  | Invest Online
Unrated
Dec-14 -18.25 0.16 6.41 0.18 4,392

Best & Worst Performance

Best (Period) Worst (Period)
Week 36.02 (13-May-2009 - 20-May-2009) -25.56 (20-Oct-2008 - 27-Oct-2008)
Month 44.17 (28-Apr-2009 - 28-May-2009) -41.11 (20-Feb-2020 - 23-Mar-2020)
Quarter 103.38 (09-Mar-2009 - 10-Jun-2009) -51.22 (03-Jan-2020 - 03-Apr-2020)
Year 153.78 (09-Mar-2009 - 09-Mar-2010) -68.05 (27-May-2019 - 26-May-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -20.20 42.48 -0.59 -0.99 1.17 -21.26
S&P BSE Bankex TRI 1.64 29.75 -0.12 -0.12 -- --
Equity: Sectoral-Banking -1.75 30.55 -0.20 -0.25 0.98 -3.47
Rank within category 17 16 17 17 16 17
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 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 12
Top 10 Stocks (%) 96.79
Top 5 Stocks (%) 80.04
Top 3 Sectors (%) 99.95
Portfolio P/B Ratio 0.44
Portfolio P/E Ratio 291.51

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 32,812 1,61,701
Giant (%) 32.65 75.19
Large (%) -- 9.77
Mid (%) 61.16 13.17
Small (%) 6.19 5.12
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up State Bank of India Financial 8.38 74.47 26.20 32.63
up Bank of Baroda Financial -- 22.60 6.93 16.91
up Punjab National Bank Financial -- 13.96 4.17 12.90
up Canara Bank Financial -- 12.54 3.26 10.78
up Union Bank of India Financial -- 7.52 1.89 6.82
up Bank of India Financial -- 6.88 1.60 5.83
up Indian Bank Financial 8.53 4.55 1.30 3.03
up UCO Bank Financial -- 2.88 0.00 2.88
up Central Bank of India Financial -- 3.33 0.00 2.60
up Indian Overseas Bank Financial -- 2.96 0.00 2.41
up Bank of Maharashtra Financial 17.77 2.17 0.00 1.81
up J&K Bank Financial -- 2.53 0.00 1.35

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2020

Fund Manager

— 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:


0.47%

Change from previous, NAV as on 23-Oct-2020

Dividend: ₹ 129.9088


Investment Strategy

The objective of the scheme is to provide returns that correspond to the total returns of Nifty PSU Bank Index.

Investment Details

Minimum Investment (₹) 10,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 08-Nov-2007
Return Since Launch: -5.35%
Benchmark: NIFTY PSU Bank TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 24 Cr (As on 30-Sep-2020)
Expense: 0.49% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: --
Turnover: 94.37%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend10-Mar-20170.2336

 21-Nov-20140.6340
 21-Feb-20130.6674

Contact Information

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

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