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Kotak Banking and PSU Debt Fund - Direct Plan - Growth

NAVs of 8 Nov 2026

Kotak Mahindra Mutual Fund · Debt fund · Direct plan · Growth

Banking & PSUDirect · GrowthRisk: Moderate
NAV · 6 Nov 2026
₹73.1422 ▲ 0.01%
Kotak Mahindra Mutual Fund
Fund size₹4,928 crJuly - September 2026
1-month range₹72.40 – 73.14
1 year+4.77%rank 5 of 17
Expense ratio0.40%direct plan, a year
5 years+6.46%a year

What the fund does

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. There is no assurance that or guarantee that the investment objective of the scheme will be achieved.

BenchmarkCRISIL Banking & PSU Debt A-II Index
Launched29 Dec 1998
Fund houseKotak Mahindra Mutual Fund
Fund managersFM 1 Mr. Deepak Agrawal FM2 Mr. Dharmesh Thakar

NAV history

727373 2026-08-112026-08-242026-09-072026-09-212026-10-052026-10-162026-10-30

Returns

1 week
+0.90%avg 0.6%
1 month
+0.46%avg 0.3%
3 months
+0.38%avg 0.5%
6 months
+2.67%avg 2.7%
This year
+3.99%avg 3.9%
1 year
+4.77%avg 4.5% · #5/17
3 years (a year)
+7.26%avg 7.1% · #4/16
5 years (a year)
+6.46%avg 6.4% · #4/14

Bars: this plan; the thin mark is the Banking & PSU average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

YearJanFebMarAprMayJunJulAugSepOctNovDec
2024+0.4
2025+0.7+0.3+1.3+1.4+1.3-0.1+0.6-0.2+0.6+0.9+0.8+0.1
2026+0.0+0.8-0.2+0.4+0.1+2.1+0.2-0.1+0.2-0.4+0.9

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Holdings6062 lines in all
Top 10 holdings34.5%of the fund
Debt79.1%bonds, government securities
Money market11.8%CDs, CPs, treasury bills

Where the money is

Equity 0.4%Debt 79.1%Money market 11.8%Cash & others 8.7%

Credit quality (debt and money market)

AAA
73.8%
A1+
11.8%
Sovereign
4.3%
AA+
1.0%

Stocks held 1

HoldingSector / type% of fund
SBI ALTERNATIVE INVESTMENT FUND
INF0RQ622028		Alternative Investment Fund0.39%

Bonds, money market and cash 61

HoldingSector / type% of fund
Power Finance Corporation Ltd.**
INE134E08MX3		CRISIL AAA6.90%
Triparty Repo–5.98%
NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT**
INE0KUG08142		CRISIL AAA4.15%
Power Grid Corporation of India Ltd.**
INE752E08718		CRISIL AAA3.36%
HDFC BANK LTD.**
INE040A08724		CRISIL AAA3.19%
CANARA BANK**
INE476A16G44		CRISIL A1+3.08%
STATE BANK OF INDIA.**
INE062A08231		CRISIL AAA2.94%
INDIAN OIL CORPORATION LTD.**
INE242A08551		CRISIL AAA2.93%
Net Current Assets/(Liabilities)–2.76%
REC LTD**
INE020B08EH0		CRISIL AAA2.73%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
INE556F08KL3		CRISIL AAA2.62%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT
INE261F08EO7		CRISIL AAA2.61%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
INE556F08KS8		CRISIL AAA2.60%
Power Finance Corporation Ltd.**
INE134E08LX5		CRISIL AAA2.10%
Power Finance Corporation Ltd.**
INE134E08KV1		CRISIL AAA2.09%
Export-Import Bank of India**
INE514E08GC2		CRISIL AAA2.09%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
INE261F08EH1		CRISIL AAA2.09%
ICICI BANK LTD.**
INE090A08UE8		ICRA AAA2.06%
NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT**
INE0KUG08092		CRISIL AAA2.02%
ICICI BANK LTD.(AT 1 Bonds)**
INE090A08UN9		ICRA AAA1.98%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT
INE261F08EM1		ICRA AAA1.78%
Food Corporation of India**
INE861G08027		CRISIL AAA(CE)1.57%
Central Government - 2066
IN0020260033		SOV1.57%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
INE556F08KR0		CRISIL AAA1.56%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
INE556F08KY6		CRISIL AAA1.55%
UNION BANK OF INDIA
INE692A16KU1		ICRA A1+1.54%
BANK OF BARODA**
INE028A16LF7		FITCH A1+1.54%
CANARA BANK**
INE476A16H01		CRISIL A1+1.54%
UNION BANK OF INDIA
INE692A16LU9		ICRA A1+1.53%
INDIAN BANK**
INE562A16RL0		CRISIL A1+1.51%
HDFC BANK LTD.**
INE040A08773		CRISIL AAA1.45%
Power Grid Corporation of India Ltd.**
INE752E08676		CRISIL AAA1.36%
REC LTD**
INE020B08AY3		CRISIL AAA1.28%
REC LTD**
INE020B08DI0		CRISIL AAA1.20%
HDFC BANK LTD.**
INE040A08872		CRISIL AAA1.07%
INDIAN RAILWAY FINANCE CORPORATION LTD.**
INE053F08387		CRISIL AAA1.04%
INDIAN RAILWAY FINANCE CORPORATION LTD.**
INE053F08411		CRISIL AAA1.04%
Food Corporation of India**
INE861G08068		CRISIL AAA(CE)1.04%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT
INE261F08EU4		CRISIL AAA1.04%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
INE556F08KW0		CRISIL AAA1.04%
HDFC BANK LTD.**
INE040A08AI6		CRISIL AAA1.03%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
INE556F08LA4		CRISIL AAA1.03%
HDFC BANK LTD.**
INE040A16JC3		CARE A1+1.02%
Mahanagar Telephone Nigam Ltd. **
INE153A08089		BRICKWORK AA+(CE)1.01%
ONGC PETRO ADDITIONS LTD.**
INE163N08321		CRISIL AAA(CE)1.01%
HDFC BANK LTD.**
INE040A08914		CRISIL AAA0.94%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT
INE261F08EK5		CRISIL AAA0.94%
Central Government - 2065
IN0020250018		SOV0.85%
Maharashtra State Govt - 2035 - Maharashtra
IN2220230196		SOV0.80%
Tamil Nadu State Govt - 2033 - Tamil Nadu
IN3120250292		SOV0.72%
REC LTD**
INE020B08AQ9		CRISIL AAA0.53%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT
INE261F08EI9		FITCH AAA0.53%
REC LTD**
INE020B08EK4		CRISIL AAA0.52%
REC LTD**
INE020B08FW6		ICRA AAA0.52%
Maharashtra State Govt - 2033 - Maharashtra
IN2220250293		SOV0.34%
INDIAN RAILWAY FINANCE CORPORATION LTD.**
INE053F08221		CRISIL AAA0.10%
Mahanagar Telephone Nigam Ltd. **
INE153A08170		CARE AAA(CE)0.10%
Power Finance Corporation Ltd.**
INE134E08JX9		CRISIL AAA0.05%
Power Finance Corporation Ltd.**
INE134E08MA1		ICRA AAA0.02%
Gujarat State Govt - 2030 - Gujarat
IN1520200198		SOV0.01%
Gujarat State Govt - 2032 - Gujarat
IN1520250185		SOV0.01%

From the fund house's monthly portfolio (kotakmf.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility1.4%yearly, from daily NAVs
Worst fall-0.79%14 Aug 2026 → 23 Oct 2026
RiskometerModerateModerate

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2016).

Fund details

Fund size (average AUM, July - September 2026)₹4,928 cr across all plans · this plan ₹2,947 cr
Fund houseKotak Mahindra Mutual Fund
CategoryDebt · Banking & PSU
PlanDirect
OptionGrowth
Expense ratio (TER)Direct 0.40% · Regular 0.75% (3 Nov 2026)
Minimum investment₹100 · additional ₹100
Scheme code (AMFI)123693
ISININF174K01KH7
NAV date6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

PlanNAV1 year
Direct · IDCW₹10.2739-0.13%
Regular · Growth₹69.8676+4.41%
Regular · IDCW₹13.1267+4.41%

Top Banking & PSU funds (direct plans)

Fund1 year3 years (a year)
UTI Banking & PSU Debt Fund+5.80%+7.46%
Franklin India Banking & PSU Debt Fund+5.53%+7.40%
LIC MF Banking & PSU Debt Fund+4.61%+7.26%
Kotak Banking and PSU Debt Fund+4.77%+7.26%
ICICI Prudential Banking and PSU Debt Fund+4.90%+7.13%
Edelweiss Banking and PSU Debt Fund+4.22%+7.12%
Invesco India Banking and PSU Debt Fund+4.37%+7.11%
SBI BANKING & PSU DEBT FUND+4.47%+7.11%

All Banking & PSU funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of Kotak Banking and PSU Debt Fund - Direct Plan - Growth today?

₹73.1422 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of Kotak Banking and PSU Debt Fund - Direct Plan - Growth?

1 year: 4.77%, 3 years: 7.26% a year, 5 years: 6.46% a year

How does Kotak Banking and PSU Debt Fund rank in its category?

5 of 17 Banking & PSU funds (direct plans, growth option) by 1-year return.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.