Benchmark Debt Fund 8%
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Stocks - Q : Quality | V : Valuation | PT : Price Trend
Funds - P : Performance | Q : Quality
Funds - P : Performance | Q : Quality
| Dec' 15 | Dec' 16 | Dec' 17 | Dec' 18 | Dec' 19 | Dec' 20 | Dec' 21 | Dec' 22 | Dec' 23 | Dec' 24 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
NAV(₹) | - | - | - | - | - | - | - | - | 12.60 | 14.15 | 14.85 |
AUM(Cr.) | - | - | - | - | - | - | - | - | 821.96 | 1032.57 | 1119.78 |
Benchmark# BM# Returns(%) | - | - | - | - | - | - | - | - | 19.44 | 9.43 | 3.35 |
Fund Returns(%) ⓘ | - | - | - | - | - | - | - | - | 26.00 | 12.30 | 4.95 |
Implied Investor Returns(%) IR(%) | - | - | - | - | - | - | - | - | 36.70 | 14.54 | 15.43 |
Alpha(%) (Returns over Benchmark) | - | - | - | - | - | - | - | - | 6.56 | 2.87 | 1.60 |
Expense Ratio(%) | - | - | - | - | - | - | - | - | 2.25 | 2.19 | 2.17 |
| 9 Year | 5 Year | 3 Year | 1 Year | |
|---|---|---|---|---|
Benchmark# BM# Returns(%) | - | - | - | 19.47 |
Fund Returns(%) | - | - | - | 14.02 |
Implied Investor Returns(%) IR | - | - | - | 9.23 |
Kotak Banking & Financial Services Fund is a Equity - Sectoral Fund - Banks & Financial Service with an 1,120(Cr) AUM. It is Open Ended scheme launched on 27 Feb 2023. Currently, Shibani Kurian and Abhishek Bisen as the fund managers managing the fund. Benchmark of the scheme is Nifty Financial Services - TRI.
| 1 Year | 3 Year | 5 Year | 9 Year | |
|---|---|---|---|---|
Upside % | 100 | - | - | - |
Downside % | 39 | 20 | 15 | 12 |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
Fund | 0.03% | 0.94 | 0.02 | 0.03 | 1.12 | 1.6% |
Benchmark# | 0.07% | 1.19 | 0.05 | 0.07 | 1.12 | - |
| Average Rolling Return | Standard Deviation | |||||||
|---|---|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 9 Year | 1 Year | 3 Year | 5 Year | 9 Year | |
Fund | 22.08 | 0.00 | 0.00 | 0.00 | 7.64 | 0.00 | 0.00 | 0.00 |
Benchmark# | 18.08 | 0.00 | 0.00 | 0.00 | 4.87 | 0.00 | 0.00 | 0.00 |
| Company (Q) | Sector | % Assets |
|---|---|---|
| BFSI | 19.6 | |
| BFSI | 18.92 | |
| BFSI | 6.92 | |
| BFSI | 6.89 | |
| BFSI | 6.48 | |
| BFSI | 6.28 | |
| BFSI | 3.79 | |
| Miscellaneous | 3.77 | |
| BFSI | 3.34 | |
| BFSI | 2.15 |
Launch Date | 27 Feb 2023 |
Benchmark | Nifty Financial Services - TRI |
Performance comparison Benchmark# | Nifty Financial Services |
Riskometer | Very High |
Turnover | 38.20% |
Type | Open ended scheme |
Return Since Launch | 22.40% |
Min. Investment | 100.00 |
Min. Additional investment Min. Add. inv. | 100.00 |
Min. SIP | 100.00 |
Min. Cheques | 6 |
Min. Withdrawal | 1000.00 |
Exit Load | 0.50% |
Remark | 0.50% on or before 30D, Nil after 30D |
Kotak Banking & Financial Services Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
| 1 Year | 3 Year | 5 Year | 9 Year | |
| CAGR(%) | 14.02 | N/A | N/A | N/A |
| Average Rolling Returns(%) | 22.08 | N/A | N/A | N/A |
The Current NAV of Kotak Banking & Financial Services Fund - Regular Plan - Growth is ₹14.85.
It is better to invest in a fund with a longer track record as Kotak Banking & Financial Services Fund - Regular Plan - Growth 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.
Kotak Banking & Financial Services Fund - Regular Plan - Growth fund’s expense ratio is 2.17%
The process for redemption is
The AUM of Kotak Banking & Financial Services Fund - Regular Plan - Growth is currently ₹1,120 Crores.
The Top three stocks are HDFC Bank, ICICI Bank and SBI and account for 45% of its portfolio. Top 5 and 10 stocks of fund account for 59% and 76% of fund’s portfolio respectively.
Top three sectors of Kotak Banking & Financial Services Fund - Regular Plan - Growth 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 - Regular Plan - Growth Fund is Equity - Sectoral Fund - Banks & Financial Service.
Shibani Kurian and Abhishek Bisen manage the Kotak Banking & Financial Services Fund - Regular Plan - Growth Fund.
Kotak Banking & Financial Services Fund - Regular Plan - Growth current PE ratio is 22.47 and PB ratio is 3.24
The asset allocation of Kotak Banking & Financial Services Fund - Regular Plan - Growth is Stocks : 96.33%, Debt : 3.64% and Gold : 0%
The minimum SIP amount for Kotak Banking & Financial Services Fund - Regular Plan - Growth is ₹100.00 and minimum lumpsum is ₹100.00
The exit load for Kotak Banking & Financial Services Fund - Regular Plan - Growth is 0.50% on or before 30 days, Nil after 30 days
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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