About Kotak Banking and PSU Debt Fund Direct-Growth
Kotak Banking and PSU Debt Fund Direct-Growth is a Debt
mutual fund scheme from Kotak Mahindra Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager Deepak Agrawal
. It has an AUM of ₹2,793.62 Crores and the latest NAV decalared is ₹45.653 as on 18 Oct 2019 at 9:45 pm.
Kotak Banking and PSU Debt Fund Direct-Growth scheme return performance in last 1 year is 12.20%, in last 3 years is 26.54% and 80.15% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
The scheme seeks 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.