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Mutual Funds

Kotak Banking & Financial Services Fund

Ko

Kotak Banking & Financial Services Fund

Sectoral-BankingRank #7
3/5

NAV (2026-07-14)

16.46

AUM

₹1,486.94 Cr

Exp. Ratio: 2.24%

RISK LEVEL

Very High

Returns & Performance

1 Year5.46%1.06% vs cat avgRank #17
3 Year12.83%0.82% vs cat avgRank #13
5 Year----
Since Launch15.89%--

Fund vs Category Average

1Y
5.46%+1.06%
3Y
12.83%+0.82%

Pros & Cons

Pros

Outperforms category avg on 1Y returns
Strong 3Y track record vs category
No lock-in period
Overall top-10 rank in category (#7)

Cons

Higher expense ratio (2.24%)
1Y category rank outside top 15 (#17)
ISININF174KA1MA7
NAV₹16.46
NAV Date2026-07-14
AUM₹1,486.94 Cr
Expense Ratio2.24%
RiskVery High
Rating3 / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹100
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1994-08-05

INVESTMENT OBJECTIVE

The scheme seeks to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services sector. However, there can be no assurance that the investment objective of the scheme would be achieved.

Exit Load0.50%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.

Abhishek Bisen

Mr. Bisen is a BA and MBA in Finance.

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.

Top Holdings

Holdings data not available for this scheme