NAV on (24 Apr 2026 )
₹16.51 ▼
(-0.47%)
Fund Size
₹1293.28 Crores
1Y Returns
5.98 %
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.
Kotak Mahindra Asset Management Company Ltd.
Launch Date
February 6, 2023
Fund Manager
Ms. Shibani Kurian
Initial Price
10
AUM Fund
1293.28 Cr
Min investment
Rs 100
Expense Ratio
0.66%
Monthly - Rs. 100/- and multiple of Re. 1/- thereafter. Minimum 10 installments.Quarterly - Rs. 100/- and multiple of Re. 1/- thereafter. Minimum 10 installments..
For redemption / switch out within 30 days from the date of allotment - 0.5%If units are redeemed or switched out on or after 30 days from the date of allotment - Nil.
1 Month
+8.64%
6 Months
-0.63%
1 Year
+5.98%
2 Years (CAGR)
+12.64%
3 Years (CAGR)
+16.04%
5 Years (CAGR)
NA
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 35.05% | 0.00% | ₹239.4 | |
| 31.97% | 122.28% | ₹3670.36 | |
| 31.97% | 122.36% | ₹2148.17 | |
| 29.79% | 38.22% | ₹10.36 | |
| 27.70% | 23.26% | ₹6720.99 |
Q: What is the current NAV of Kotak Banking & Financial Services Fund - Direct Plan - IDCW?
A: The latest NAV of Kotak Banking & Financial Services Fund - Direct Plan - IDCW is ₹ 16.51 as on 24 Apr 2026.
Q: What type of mutual fund is Kotak Banking & Financial Services Fund - Direct Plan - IDCW?
A: Kotak Banking & Financial Services Fund - Direct Plan - IDCW is a 'Equity - Banking' type mutual fund managed by 'Kotak Mahindra Asset Management Company Ltd.'.
Q: What is the expense ratio of Kotak Banking & Financial Services Fund - Direct Plan - IDCW?
A: The expense ratio of Kotak Banking & Financial Services Fund - Direct Plan - IDCW is 0.66%, which impacts overall returns.
Q: Who manages Kotak Banking & Financial Services Fund - Direct Plan - IDCW?
A: Kotak Banking & Financial Services Fund - Direct Plan - IDCW is managed by Ms. Shibani Kurian, who oversees investment strategy and portfolio decisions.
Q: Is Kotak Banking & Financial Services Fund - Direct Plan - IDCW a good investment?
A: Kotak Banking & Financial Services Fund - Direct Plan - IDCW may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Kotak Banking & Financial Services Fund - Direct Plan - IDCW?
A: The exit load of Kotak Banking & Financial Services Fund - Direct Plan - IDCW is For redemption / switch out within 30 days from the date of allotment - 0.5%If units are redeemed or switched out on or after 30 days from the date of allotment - Nil., applicable if redeemed within the specified period.
Q: How is Kotak Banking & Financial Services Fund - Direct Plan - IDCW taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
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