1M
6M
1Y
All
| NAV: 13 May 2024 | ₹13.00 |
| Min. SIP amount | ₹100 |
| Rating | NA |
| Fund size | ₹850.62Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity Sectoral / Thematic
Absolute returns
| 3M | 6M | 1Y | All | |
|---|---|---|---|---|
| Fund returns | 2.9% | 11.6% | 19.9% | 29.7% |
| Category average | NA | NA | 20.9% | NA |
| Rank with in category | 12 | 10 | 13 | NA |
Understand terms
Holdings (30)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 19.24% |
ICICI Bank Ltd. | Financial | Equity | 16.47% |
State Bank of India | Financial | Equity | 7.18% |
Axis Bank Ltd. | Financial | Equity | 6.85% |
Power Finance Corporation Ltd. | Financial | Equity | 4.33% |
SBI Life Insurance Company Ltd. | Insurance | Equity | 3.29% |
Shriram Finance Ltd | Financial | Equity | 3.29% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 2.92% |
Indusind Bank Ltd. | Financial | Equity | 2.49% |
Bajaj Finance Ltd. | Financial | Equity | 2.42% |
See All
Pros and cons
Category: Equity Sectoral / Thematic
Pros
Cons
Lower expense ratio: 0.71%
1Y annualised returns lower than category average by 1.67%
Expense ratio, exit load and tax
Expense ratio: 0.71%
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Abhishek BisenFeb 2023 - PresentView details
Abhishek Bisen
Feb 2023 - Present
View details
Education
Mr. Bisen is a BA and MBA in Finance.
Experience
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.
Also manages these schemes
Arjun KhannaFeb 2023 - PresentView details
Arjun Khanna
Feb 2023 - Present
View details
Education
Mr. Khanna has done CFA, FRM, MMS(Finance) & B.E (Electronics)
Experience
Prior to joining Kotak Mahindra Mutual Fund, he was with Principal Mutual Fund and has also worked with Citibank.
Also manages these schemes
Shibani Sircar KurianFeb 2023 - PresentView details
Shibani Sircar Kurian
Feb 2023 - Present
View details
Education
Ms. Kurian has done PGDM (Specialization in Finance), BSc (Hons)-Economics
Experience
Prior to joining Kotak AMC, she was working with Dawnay Day AV India Advisors Pvt Ltd and UTI AMC.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla ComplexBandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
www.camsonline.comCompare funds
Kotak Banking & Financial Services Fund Direct Growth
VS
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