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Banking & PSU Debtregulargrowth📊 CRISIL Banking and PSU Debt A-II Index

Kotak Banking and PSU Debt - Growth

Kotak Mahindra Mutual Fund

#8 of 21 (1Y)

₹67.9741

0.04 (+0.06%)

NAV as of 29 May 2026

Today's NAV — all variants

Regular · Growth

₹₹67.9741

0.04 (+0.06%)

29 May 2026

AMFI: 123690

Direct · Growth

₹₹71.0502

0.04 (+0.06%)

29 May 2026

AMFI: 123693

Regular · IDCW

₹₹12.7709

0.01 (+0.06%)

29 May 2026

AMFI: 123691

Direct · IDCW

₹₹10.2340

0.01 (+0.06%)

29 May 2026

AMFI: 123692

Returns (Lumpsum)

CAGR for periods ≥ 1 year
1 Week-0.23%
1 Month-0.51%
3 Months+0.04%
6 Months+0.89%
1 Year+3.39%
3 Years (CAGR)+6.60%
5 Years (CAGR)+5.91%
10 Years (CAGR)+7.11%
Since Inception (Dec 1998)+7.24%

SIP Returns (XIRR)

₹1,000/month SIP, annualised
1 Year SIP+3.04%
3 Year SIP+6.11%
5 Year SIP+6.25%
Since Inception (Dec 1998)+7.05%

SIP since inception — what ₹100/month became

Real NAV backtest from day one

₹32,900

Invested

₹96,717

Value today

7.1%

XIRR (p.a.)

100/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

100 lumpsum at launch — value today

Invested on the fund's first NAV date

₹100

Invested

₹680

Value today

7.2%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

Try Lumpsum Calculator

₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹16,45,000

Withdrawn

₹19,61,564

Corpus left

+₹26,06,564 net gain — withdrew ₹16,45,000 AND corpus grew

Plan your SWP with real NAV

₹1 lakh on the worst crash day — 22 Mar 2020

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹1,49,638

Value today

1.5×

Multiple

Staying invested through that crash turned ₹1L into ₹1,49,638 — a 1.5× return

Read: Staying invested through crashes

Direct vs Regular — ₹500/month over 10 years

Expense ratio drag on your actual returns

Direct plan

₹87,346

Regular plan

₹85,464

Direct earns ₹1,882 more on a ₹60K investment0.31% extra return per year

Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.

Learn about Direct vs Regular plans

Fund Details

Fund HouseKotak Mahindra Mutual Fund
CategoryBanking & PSU Debt
Plan Typeregular
Optiongrowth
AUM₹5,430 Cr
Expense Ratio0.75%
Min SIP₹100
Min Lumpsum₹100
BenchmarkCRISIL Banking and PSU Debt A-II Index
Launch Date29 Dec 1998
AMFI Code123690

Risk Metrics

Trailing 1 year, annualised

-0.21

Sharpe Ratio

Alpha

Beta

-0.22

Sortino

1.25%

Std Dev

-0.64%

Max Drawdown

Portfolio Holdings

Top 50 holdings · as of Apr 2026

Security% NAV

Power Finance Corporation Ltd.(^)**

INE134E08MX3

643.00%

Power Finance Corporation Ltd.(^)**

INE134E08MX3

639.00%

CANARA BANK(^)**

INE476A16G28

547.00%

CANARA BANK(^)**

INE476A16G28

509.00%

INDIAN OIL CORPORATION LTD.**

INE242A08551

370.00%

INDIAN OIL CORPORATION LTD.**

INE242A08551

368.00%

Gujarat State Govt - 2032 - Gujarat

IN1520250185

327.00%

Gujarat State Govt - 2032 - Gujarat(^)

IN1520250185

325.00%

Power Grid Corporation of India Ltd.**

INE752E08718

313.00%

Power Grid Corporation of India Ltd.**

INE752E08718

310.00%

HDFC BANK LTD.(^)**

INE040A08724

298.00%

HDFC BANK LTD.(^)**

INE040A08724

297.00%

REC LTD(^)**

INE020B08EG2

292.00%

REC LTD**

INE020B08EG2

291.00%

Gujarat State Govt - 2032 - Gujarat

IN1520250276

288.00%

STATE BANK OF INDIA.**

INE062A08231

278.00%

STATE BANK OF INDIA.**

INE062A08231

276.00%

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**

INE556F08KL3

264.00%

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**

INE556F08KL3

262.00%

REC LTD**

INE020B08EH0

255.00%

REC LTD

INE020B08EH0

253.00%

NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT

INE261F08EO7

243.00%

LIC HOUSING FINANCE LTD.**

INE115A07QK0

242.00%

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**

INE556F08KS8

242.00%

NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT

INE261F08EO7

241.00%

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**

INE556F08KS8

240.00%

Power Finance Corporation Ltd.(^)**

INE134E08KV1

196.00%

Power Finance Corporation Ltd.(^)

INE134E08KV1

195.00%

Power Finance Corporation Ltd.**

INE134E08LX5

195.00%

Power Finance Corporation Ltd.**

INE134E08LX5

194.00%

NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT

INE261F08EH1

194.00%

Export-Import Bank of India(^)**

INE514E08GC2

194.00%

NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**

INE261F08EH1

194.00%

Export-Import Bank of India**

INE514E08GC2

193.00%

ICICI BANK LTD.(AT 1 Bonds)**

INE090A08UN9

191.00%

ICICI BANK LTD.(^)**

INE090A08UE8

191.00%

UNION BANK OF INDIA- AT1 Bonds**

INE692A08029

189.00%

ICICI BANK LTD.**

INE090A08UE8

189.00%

NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT**

INE0KUG08092

188.00%

UNION BANK OF INDIA- AT1 Bonds**

INE692A08029

187.00%

ICICI BANK LTD.(AT 1 Bonds)**

INE090A08UN9

187.00%

NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT(^)**

INE0KUG08092

187.00%

PUNJAB NATIONAL BANK**

INE160A16UD4

182.00%

NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT

INE261F08EM1

166.00%

NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT

INE261F08EM1

164.00%

HDFC BANK LTD.(^)**

INE040A08AF2

155.00%

National Housing Bank(^)**

INE557F08GA2

151.00%

National Housing Bank(^)**

INE557F08GA2

150.00%

Food Corporation of India(^)**

INE861G08027

147.00%

NUCLEAR POWER CORPORATION OF INDIA LTD.**

INE206D08501

147.00%

Performance Comparison

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Investment Objective

Kotak Banking and PSU Debt - Growth by Kotak Mahindra Mutual Fund is a Banking & PSU Debt fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Banking & PSU Debt category.

About This Fund

Kotak Banking and PSU Debt - Growth is a Banking & PSU Debt mutual fund offered by Kotak Mahindra Mutual Fund. The fund has been operational for over 27 years. It manages assets worth ₹5,430 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against CRISIL Banking and PSU Debt A-II Index. The current expense ratio is 0.75%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations