Kotak Banking & Financial Services Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

It is better to invest in a fund with a longer track record as Kotak Banking & Financial Services Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark Nifty Financial Services, as the Funds portfolio is similar to its benchmark.

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of Kotak Banking & Financial Services Fund - Growth - Direct Plan is currently ₹1,033 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and SBI and account for 44% of its portfolio. Top 5 and 10 stocks of fund account for 55% and 71% of fund’s portfolio respectively.

Top three sectors of Kotak Banking & Financial Services Fund - Growth - Direct Plan fund are BFSI, Miscellaneous and accounting for 100% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - Sectoral Fund - Banks & Financial Service it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Kotak Banking & Financial Services Fund - Growth - Direct Plan Fund is Equity - Sectoral Fund - Banks & Financial Service.

Shibani Kurian and Abhishek Bisen manage the Kotak Banking & Financial Services Fund - Growth - Direct Plan Fund.

Kotak Banking & Financial Services Fund - Growth - Direct Plan current PE ratio is 19.95 and PB ratio is 3.16

The asset allocation of Kotak Banking & Financial Services Fund - Growth - Direct Plan is Stocks : 96.17%, Debt : 3.83% and Gold : 0%

The minimum SIP amount for Kotak Banking & Financial Services Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹100.00

The exit load for Kotak Banking & Financial Services Fund - Growth - Direct Plan is 0.50% on or before 30 days, Nil after 30 days