Debt · Banking and PSU Debt

Kotak Banking and PSU Debt Fund

Kotak Mahindra Mutual Fund

Benchmark

CRISIL Banking and PSU Debt A-II Index

Riskometer

Moderate

Size

₹4,731 cr

Allotted

29 Dec 1998

Holdings as of

Not on record

Kotak Banking and PSU Debt Fund is a banking and psu debt fund of Kotak Mahindra Mutual Fund with ₹4,731 cr under management. It is ahead of its benchmark (CRISIL Banking and PSU Debt A-II Index) in 4 of 4 periods. Its direct plan charges 0.40% a year. Deepak Agrawal has managed it for 18.2 years.

Debt and hybrid funds: the company-level sections (scorecard, companies inside, how it is run, nearest index) are not shown. Mix, returns, costs and managers only.

What is Kotak Banking and PSU Debt Fund invested in?

Mix not on record

Has Kotak Banking and PSU Debt Fund beaten its benchmark?

Ahead of its benchmark, CRISIL Banking and PSU Debt A-II Index, in 4 of 4 periods in AMFI's figures; +4.57% over the last year against +4.28%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	−0.24%	−3.60%	—
3 months	+0.18%	−5.03%	—
6 months	+2.02%	−1.83%	—
1 year	+4.43%	−4.06%	+8.49 pts
3 years	+7.17%	+9.27%	−2.10 pts
5 years	+6.33%	+8.00%	−1.67 pts
10 years	+7.25%	+12.69%	−5.44 pts
Since start from 14 Aug 2013	+7.98%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (CRISIL Banking and PSU Debt A-II Index) in 4 of 4 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+4.57%	+4.21%	+4.28%	+0.29	🔒
3y	+7.21%	+6.81%	+6.58%	+0.63	🔒
5y	+6.34%	+5.93%	+5.85%	+0.49	🔒
10y	+7.25%	+6.85%	+6.74%	+0.51	🔒

Ahead in points a year · its rank among Banking and PSU Debt funds, and how steady the lead is, in the app

Value of 100, month-end

Oct 2016 to 14 Oct 2026

Fund 201Nifty 500 TRI 327

₹100 put in at the start of Oct 2016 would be ₹201 on 14 Oct 2026, against ₹327 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Kotak Banking and PSU Debt Fund cost?

0.40% a year on the direct plan, 0.75% on the regular plan.

Direct plan

0.40% a year

Regular plan

0.75% a year

Gap

0.35 points

for the same holdings

Expense report, Oct 2026 · Debt Scheme - Banking and PSU Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Kotak Banking and PSU Debt Fund?

Deepak Agrawal, since 1 Aug 2008; Dharmesh Thakar, since 1 Nov 2022.

Deepak Agrawal

18.2 years

since 1 Aug 2008

Dharmesh Thakar

4.0 years

since 1 Nov 2022

Benchmark as filedCRISIL Banking & PSU Debt A-II Index

Exit load

Nil

From 6 Scheme Summary Documents filed with NSE, first on 29 Apr 2026; as on 29 Sep 2026

Questions people ask

Who manages Kotak Banking and PSU Debt Fund?

Deepak Agrawal (manager) since 1 Aug 2008; Dharmesh Thakar (manager) since 1 Nov 2022.

What is the expense ratio of Kotak Banking and PSU Debt Fund?

0.40% a year on the direct plan and 0.75% on the regular plan (expense report, Oct 2026).

How has Kotak Banking and PSU Debt Fund done?

Its direct plan returned +7.21% a year over 3 years against +6.58% for its benchmark, CRISIL Banking and PSU Debt A-II Index, as of 13 Oct 2026.