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Kotak Banking & Financial Services Fund Regular Growth

Medium
Risk
Equity
Other
+
0.00
%
0.00
%
3Y annualised
+
-0.37
%
-0.37
%
1 Day returns
Fund size
781
NAV:
Feb 23, 2024
12.627
Sector
Tech
Type
Equity
Launched
Feb 2023
Min Investment
100
Expense Ratio
2
Risk
Medium

Portfolio allocation

Top 10 Holdings
% Value
HDFC Bank Ltd
19.86
%
ICICI Bank Ltd
13.57
%
Axis Bank Ltd
7.02
%
State Bank of India
6.2
%
Power Finance Corp Ltd
5.16
%
Shriram Finance Ltd
3.61
%
SBI Life Insurance Company Limited
3.23
%
Kotak Mahindra Bank Ltd
3.14
%
Bank of Baroda
2.64
%
IndusInd Bank Ltd
2.59
%

Expense ratio, exit load and tax

Expense Ratio:

2

%

Inclusive of GST

Exit load

Exit load of 1.0% if redeemed within 1.0 Years, 0.0 % if redeemed after 1.0 Years.

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Fund house & investment objective

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Kotak Banking & Financial Services Fund Regular Growth
More details

Investment objective

The investment objective of the scheme is 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.
Scheme Information Document
Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance is not an indicator of future returns.
Calculate returns
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* Returns are calculated as per lifetime average per annum returns of the fund.
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