What is the NAV of Kotak Banking and PSU Debt?

₹72.67 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.

What is the expense ratio of Kotak Banking and PSU Debt?

0.4% a year for the Direct plan, as of 30 Jun 2026.

How large is Kotak Banking and PSU Debt?

₹4,991 crore under management as of 31 Jul 2026, in the Banking and PSU Fund category.

How risky is Kotak Banking and PSU Debt?

Its SEBI Riskometer reading is "Low to Moderate Risk". Lending to companies and banks for extra yield over government paper.

What are the 5-year returns of Kotak Banking and PSU Debt?

6.61% a year over the last 5 years (Direct plan, CAGR), against a Banking and PSU Fund average of 6.30%. Past returns do not predict future returns.

What is the worst 3-year return of Kotak Banking and PSU Debt?

6.2% a year — the weakest of 25 overlapping 3-year holding periods, beginning 2 Aug 2021. The median was 7.6% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.

Who manages Kotak Banking and PSU Debt?

Deepak Agrawal, managing this fund for 18 years.

Kotak Banking and PSU Debt

Kotak Mahindra Mutual FundDirectOpen-endedBanking and PSU FundRiskometer: Low to Moderate Risk

NAV

₹72.67

as of 21 Aug 2026

Kotak Banking and PSU Debt is an open-ended Banking and PSU Fund scheme from Kotak Mahindra Mutual Fund managing ₹4,991 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹72.67 as of 21 Aug 2026. The expense ratio is 0.4% a year. Managed by Deepak Agrawal. This page is factual data only — it carries no rating and no recommendation.

Key facts

Expense ratio: 0.4% / yr; as of 30 Jun 2026
Fund size: ₹4,991 crore; as of 31 Jul 2026
Exit load: None
SIP available: Yes
Launched: 29 Dec 1998
ISIN: INF174K01KH7

₹100 invested, fund vs category

The category line is the average of the funds in this category, built from NYVO’s own NAV data.

Rebased to 100data to 20 Aug 2026Benchmark: NIFTY COMPOSITE G-SEC INDEX

Aug 2021Aug 2026

Kotak Banking and PSU Debt

₹138

+38% on ₹100 over 5.0 yrs

Banking and PSU Fund average

₹135

+35% on ₹100 over 5.0 yrs

Returns vs category

Window	Fund	Category avg	Gap
3 months	2.69%	2.62%	+0.07
6 months	2.77%	2.81%	-0.04
1 year	5.93%	5.51%	+0.42
3 years (CAGR)	7.54%	7.32%	+0.22
5 years (CAGR)	6.61%	6.30%	+0.31

Category average across 19 funds, as of 20 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.

Risk, measured

Sharpe ratio (3Y): 0.69
Sharpe ratio (5Y): 0.50
Sortino ratio (3Y): 1.39 vs category 0.54
Standard deviation (3Y): 1.60%
Deepest fall (5Y): -0.56%

Where the money actually is

Bonds

96.1%

Cash

3.5%

Other

0.4%

Whole-portfolio split, as of 31 Jul 2026.

What it owns

64 positions · top 10 = 35.7%

Top holdings

Power Finance Corporation Limitedmatures 13 Apr 20296.66%
National Bank for Financing Infrastructure & Development 0.0737%4.00%
Indian Oil Corporation Limitedmatures 16 Jul 20293.84%
6.98% Gujarat Sgs 2032matures 26 Nov 20323.33%
Power Grid Corporation Of India Limitedmatures 12 Oct 20333.25%
Net Current Assets/(Liabilities)3.15%
HDFC Bank Limitedmatures 27 Mar 20293.07%
Rec Limitedmatures 31 Mar 20333.06%
7.17% Gujarat Sgs 2032matures 4 Feb 20323.01%
State Bank Of Indiamatures 21 Aug 20352.89%

Holdings as of 31 Jul 2026. Portfolio turnover 117.0% vs category 141.4% a year.

Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.

The debt it holds

Yield to maturity: 7.22% vs category 7.05%
Modified duration: 3.38 yrs vs category 2.50 yrs
Average maturity: 4.69 yrs vs category 3.65 yrs
Average coupon: 7.52%
Government securities: 43.1%

Credit quality

AAA: 97.0%
AA: 3.0%

Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 30 Jun 2026.

Portfolio characteristics as of 31 Jul 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.

Money in, money out

Net flow, 12 months: −₹1,274 cr
Net flow, 3 months: −₹253 cr

as of 31 Jul 2026. Flows follow performance more than they predict it.

Quick answers

What is the NAV of Kotak Banking and PSU Debt?: ₹72.67 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
What is the expense ratio of Kotak Banking and PSU Debt?: 0.4% a year for the Direct plan, as of 30 Jun 2026.
How large is Kotak Banking and PSU Debt?: ₹4,991 crore under management as of 31 Jul 2026, in the Banking and PSU Fund category.
How risky is Kotak Banking and PSU Debt?: Its SEBI Riskometer reading is "Low to Moderate Risk". Lending to companies and banks for extra yield over government paper.
What are the 5-year returns of Kotak Banking and PSU Debt?: 6.61% a year over the last 5 years (Direct plan, CAGR), against a Banking and PSU Fund average of 6.30%. Past returns do not predict future returns.
What is the worst 3-year return of Kotak Banking and PSU Debt?: 6.2% a year — the weakest of 25 overlapping 3-year holding periods, beginning 2 Aug 2021. The median was 7.6% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
Who manages Kotak Banking and PSU Debt?: Deepak Agrawal, managing this fund for 18 years.

Where this fund sits

Its shelf, all funds

Cb · Corporate & credit →

Lending to companies and banks for extra yield over government paper.

The money map

How big this shelf is in India →

The whole industry sized by real money, from AMFI’s monthly data.

Side by side

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One bet or two?

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Other Banking and PSU Fund funds

Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY COMPOSITE G-SEC INDEX) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.