Kotak Banking & PSU Debt Fund
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.
Growthvine rating: 3/5 — ranked #9 of 22 in category.
Fund basics
| Category | Debt: Banking and PSU |
|---|---|
| NAV | ₹69.47 (as of 2026-08-21) |
| AUM | ₹4,991 Cr |
| Expense ratio | 0.64% |
| Riskometer | Moderate |
| Fund manager | Deepak Agrawal |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 6.25% |
|---|---|
| Sharpe ratio | 0.76 |
| Standard deviation | 1.60% |
| Max drawdown | -2.85% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 97.5% of NIFTY Banking & PSU Debt Index's upside and 28.4% of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 3.1% | Q2 | #7 of 21 |
| 2025 | 7.7% | Q1 (Top) | #3 of 21 |
| 2024 | 8.0% | Q1 (Top) | #4 of 22 |
| 2023 | 6.8% | Q2 | #7 of 21 |
| 2022 | 3.6% | Q2 | #7 of 19 |