Kotak Banking & Financial Services Fund Direct Growth
3Y Annualised
N/A
0.85% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
10.05%
0.85% 1D
Benchmark
N/A
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
4 years 4 months
6 years 6 months
9 years 7 months
Fund info
Fund size
₹1119.78 Cr
Min. SIP amount
₹100
Min. Lumpsum amount
₹100
Exit load
0%
For redemption / switch out within 30 days from the date of allotment: 0.5% If units are redeemed or switched out on or after 30 days from the date of allotment: NIL
Risk Profile
Very High Risk
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
Taurus Banking & Financial Services Fund Direct Plan Reinvestment of Income Dist cum cap wdrl
2nd
Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl
3rd
Taurus Banking & Financial Services Fund Direct Plan Growth Option
4th
ICICI Prudential Nifty Bank ETF
5th
ICICI Prudential Nifty Financial Services Ex-Bank ETF
92nd
Kotak Banking & Financial Services Fund Direct Growth
Fund Managers
About Kotak Banking & Financial Services Fund Direct Growth
Kotak Banking & Financial Services Fund Direct Growth is a Equity mutual fund scheme from Kotak Mahindra Asset Management Co Ltd. This fund has been in existence for 2 years, having been launched on 2023-02-27. Kotak Banking & Financial Services Fund Direct Growth has ₹1119.78 Cr worth of assets under management (AUM) as of Fri Apr 18 2025. The latest Net Asset Value (NAV) of Kotak Banking & Financial Services Fund Direct Growth as of Thu Apr 17 2025 is ₹15.37. The fund has an expense ratio of 0.73%, which is medium comparable to most other Equity funds.
Kotak Banking & Financial Services Fund Direct Growth returns for the last 1 year are 17.22%. Since launch, it has delivered 21.16% average annual returns.
The Kotak Banking & Financial Services Fund Direct Growth has the majority of its money invested in Financial Services sectors.
Top 5 Holdings of Kotak Banking & Financial Services Fund Direct Growth.
- HDFC Bank Ltd: 19.60%
- ICICI Bank Ltd: 18.92%
- State Bank of India: 6.92%
- Axis Bank Ltd: 6.89%
- Kotak Mahindra Bank Ltd: 6.48%
AMC Information
| Name | Kotak Mahindra Asset Management Co Ltd |
|---|---|
| Founding Date | 2023-02-27 |
| fundaccops@kotakmutual.com | |
| Phone | +91 22 61152100 |
| Website | www.kotakmf.com |
| Address | Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051 |
Tax Implications of Kotak Banking & Financial Services Fund Direct Growth
| Short Term Gains | 20% + applicable Surcharge + 4% Cess |
|---|---|
| Long Term Gains | 12.5% without indexation + applicable Surcharge + 4% Cess |
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FAQs
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