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Kotak Banking & Financial Services Fund Regular - ...
Unrated
NAV as of Jan 15, 2025
13.510.16%
- Growth - Regular
(Earn upto 1.51% Extra Returns with Direct Plan)
Fund Category:
Equity: Sectoral-Banking
Expense Ratio:
2.19%(1.08% Category
average)Fund Size:
Rs. 1,032.57 Cr(1.62% of Investment in Category)
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Kotak Banking & Financial Services Fund Regular - Growth
Unrated
NAV as of Jan 15, 2025
13.510.16%
Expense Ratio:
2.19%
Fund Size:
Rs. 1,032.57 Cr
Fund Category:
Equity: Sectoral-Banking
Kotak Banking & Financial Services Fund Regular - Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Kotak Banking & Financial Services Fund - Regular Plan as of Jan 15, 2025 is Rs 13.51 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 8.55% (1yr) and 17.59% (since launch). Whereas, Category returns for the same time duration are: 5.462851669077272% (1yr), 11.5461305732755% (3yr) and 10.880497697461157% (5yr).
3. Fund Size: The Kotak Banking & Financial Services Fund - Regular Plan currently holds Assets under Management worth of Rs 1032.5653 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 2.19% for Regular plan as on Dec 31, 2024.
5. Exit Load: Kotak Banking & Financial Services Fund - Regular Plan shall attract an Exit Load, "0.5% for redemption within 30 Days"
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
1. Current NAV: The Current Net Asset Value of the Kotak Banking & Financial Services Fund - Regular Plan as of Jan 15, 2025 is Rs 13.51 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 8.55% (1yr) and 17.59% (since launch). Whereas, Category returns for the same time duration are: 5.462851669077272% (1yr), 11.5461305732755% (3yr) and 10.880497697461157% (5yr).
3. Fund Size: The Kotak Banking & Financial Services Fund - Regular Plan currently holds Assets under Management worth of Rs 1032.5653 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 2.19% for Regular plan as on Dec 31, 2024.
5. Exit Load: Kotak Banking & Financial Services Fund - Regular Plan shall attract an Exit Load, "0.5% for redemption within 30 Days"
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Kotak Banking & Financial Services Fund Regular - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -9.17 -6.45 -5.64 6.28 - - Category Avg -8.93 -6.77 -7.00 3.48 11.40 10.91 Rank within Category 49 32 16 10 - - No. of funds within Category 59 58 54 44 29 21 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY Financial Services Total Return Index
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Kotak Banking & Financial Services Fund Regular - Growth Fund Details
Investment Objective - 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.
| Fund House | Kotak Mahindra Mutual Fund |
| Launch Date | Feb 27, 2023 |
| Benchmark | NIFTY Financial Services Total Return Index |
| Return Since Launch | 17.31% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
Kotak Banking & Financial Services Fund Regular - Growth Investment Details
| Minimum Investment (Rs.) | 100.00 |
| Minimum Additional Investment (Rs.) | 100.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load 0.5% for redemption within 30 Days | |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| DEC 2024 | NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | JUL 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 30 | 28 | 30 | 29 | 30 | 30 |
| Top 5 Company Holdings | 55.24% | 55.93% | 54.09% | 52.55% | 53.39% | 54.48% |
| Top 10 Company Holdings | 70.88% | 70.37% | 69.71% | 70.06% | 70.19% | 71.28% |
| Company with Highest Exposure | HDFC Bank (18.38%) | HDFC Bank (18.65%) | HDFC Bank (18.84%) | HDFC Bank (18.59%) | HDFC Bank (18.47%) | HDFC Bank (18.57%) |
| Number of Sectors | 2 | 2 | 2 | 2 | 2 | 3 |
| Top 3 Sector Holdings | 96.17% | 94.15% | 98.17% | 97.45% | 98.55% | 98.97% |
| Top 5 Sector Holdings | 96.17% | 94.15% | 98.17% | 97.45% | 98.55% | 98.97% |
| Sector with Highest Exposure | Financial (94.16%) | Financial (91.78%) | Financial (92.59%) | Financial (91.35%) | Financial (92.11%) | Financial (92.43%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 18.59 18.27 90.45 -2.15 ICICI Bank Financial 16.06 18.13 68.72 22.71 Axis Bank Financial 6.63 11.51 90.23 -8.25 State Bank of India Financial 6.56 9.52 80.18 18.34 Kotak Mahindra Bank Financial 4.71 16.30 111.13 -3.16 Shriram Finance Financial 4.32 12.85 42.76 15.43 Power Fin. Corp. Financial 4.09 6.80 64.23 6.77 Bajaj Housing Finance Financial 3.46 - - - SBI Life Insurance Company Insurance 3.32 - - - Bajaj Finance Financial 2.32 29.22 248.39 -3.74
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Kotak Banking & Financial Services Fund Regular - Growth 13.51 Unrated 1,032.57 -9.17 6.28 - - Sundaram Financial Services Opportunities Fund Regular-Growth 91.37 1,424.32 -8.13 2.38 14.13 13.36 Invesco India Financial Services Fund-Growth 121.64 1,148.72 -9.14 12.81 15.23 13.58 SBI Banking & Financial Services Fund Regular-Growth 36.60 6,621.57 -8.35 12.38 13.36 12.58 Nippon India Banking & Financial Services Fund-Growth 545.99 6,282.05 -7.49 5.98 14.10 13.05
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Fund Manager
- A.B.Abhishek BisenSince Feb 202351 schemes
- S.S.Shibani Sircar KurianSince Feb 20234 schemes
Mr. Bisen is a BA and MBA in Finance. Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
Ms. Kurian has done PGDM (Specialization in Finance), BSc (Hons)-Economics Prior to joining Kotak AMC, she was working with Dawnay Day AV India Advisors Pvt Ltd and UTI AMC.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Kotak Focused Equity Fund Regular - Growth Flexi Cap 22.96 3,466.92 9.71 Kotak India EQ Contra Fund Regular-Growth Value Oriented 139.84 3,985.56 13.66 Kotak Technology Fund Regular - Growth Sectoral-Technology 12.32 Unrated 609.01 - Kotak Healthcare Fund Regular - Growth Sectoral-Pharma 13.36 Unrated 439.02 27.67
More Kotak Mahindra Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Kotak Equity Arbitrage Fund Regular-Growth | 54,915.38 | 0.69 | 1.91 | 3.54 | 7.80 | 6.58 | |
| Kotak Emerging Equity Fund Regular-Growth | 52,048.91 | 1.53 | -1.70 | 5.21 | 34.17 | 22.82 | |
| Kotak Flexicap Fund Regular-Growth | 51,275.67 | -1.29 | -6.10 | -2.36 | 16.81 | 15.04 | |
| Kotak Liquid Regular - Growth | 34,539.06 | 0.58 | 1.72 | 3.52 | 7.30 | 6.32 | |
| Kotak Money Market Fund Regular-Growth | 29,774.43 | 0.62 | 1.78 | 3.67 | 7.67 | 6.62 | |
| Kotak Equity Opportunities Fund Regular-Growth | 25,648.50 | -0.28 | -5.30 | -0.15 | 24.38 | 19.89 | |
| Kotak Small Cap Fund Regular-Growth | 17,732.03 | 0.69 | -4.31 | 3.88 | 26.33 | 18.34 | |
| Kotak Balanced Advantage Fund Regular - Growth | 16,958.81 | 0.11 | -2.03 | 3.49 | 14.67 | 11.35 | |
| Kotak Bond Short Term Fund Regular-Growth | 16,672.97 | 0.47 | 1.40 | 3.93 | 7.71 | 5.71 | |
| Kotak Multicap Fund Regular - Growth | 15,816.46 | -0.07 | -5.43 | 2.67 | 26.54 | 25.07 |
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About Kotak Banking & Financial Services Fund Regular - Growth
1. Kotak Banking & Financial Services Fund - Regular Plan is Open-ended Sectoral-Banking Equity scheme which belongs to Kotak Mahindra Mutual Fund House.
2. The fund was launched on Feb 27, 2023.
Investment objective & Benchmark
1. The investment objective of the fund is that " 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. "
2. It is benchmarked against NIFTY Financial Services Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 96.17% in equities, 0.0% in debts and 3.83% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 70.05999999999999% of the assets, the top 3 sectors constitute around 96.17% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Kotak Banking & Financial Services Fund Regular - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. Kotak Banking & Financial Services Fund - Regular Plan is Open-ended Sectoral-Banking Equity scheme which belongs to Kotak Mahindra Mutual Fund House.
2. The fund was launched on Feb 27, 2023.
Investment objective & Benchmark
1. The investment objective of the fund is that " 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. "
2. It is benchmarked against NIFTY Financial Services Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 96.17% in equities, 0.0% in debts and 3.83% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 70.05999999999999% of the assets, the top 3 sectors constitute around 96.17% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Kotak Banking & Financial Services Fund Regular - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Kotak Banking & Financial Services Fund Regular - Growth
- Is it safe to invest in Kotak Banking & Financial Services Fund - Regular Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Kotak Banking & Financial Services Fund - Regular Plan comes under Very High risk category.
- What is the category of Kotak Banking & Financial Services Fund - Regular Plan?Kotak Banking & Financial Services Fund - Regular Plan belongs to the Equity : Sectoral-Banking category of funds.
- How Long should I Invest in Kotak Banking & Financial Services Fund - Regular Plan?The suggested investment horizon of investing into Kotak Banking & Financial Services Fund - Regular Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Kotak Banking & Financial Services Fund - Regular Plan?The Kotak Banking & Financial Services Fund - Regular Plan is managed by Abhishek Bisen (Since Feb 06, 2023) and Shibani Sircar Kurian (Since Feb 06, 2023).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.
