Kotak Banking and PSU Debt Fund
Direct · Growth: other plans of this fund
Same portfolio. Regular plans include a distributor’s fee.
· AMFI 123693
₹73.18
+4.4%over 1 year
Price of one unit (NAV) on 11 November 2026
NAV went from ₹70.07 on 11 November 2025 to ₹73.18 on 11 November 2026.
Past prices are not a forecast of anything.
Ask about this fund
Overview
- Kind of fund
- Banking and PSU
- Yearly fee
- 0.40%
- Since 1 October 2026
- Fund size
- ₹4,761 crore
- Started
- 1 January 2013
- Exit load
- None
- Compared against
- CRISIL Banking and PSU Debt A-II
- Plan
- Direct · Growth
- Holds
- 62 lines, no company shares
- 62 lines in all
- Holdings as at
- 29 September 2026
What does it hold?
Bonds and money market 91.3% · cash 8.7% · holdings as at 29 September 2026
- 1
POWER FINANCE CORPORATION LIMITED SR 237A 7.60 BD 13AP29 FVRS1LAC
6.9% - 2
Repo
6.0% - 3
NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT SR NABFID20272 7.3700 BD 16JL29 FVRS1LAC
4.2% - 4
POWER GRID CORPORATION OF INDIA LIMITED SR LXXIV 7.70 BD 12OT33 FVRS1LAC
3.4% - 5
HDFC BANK LIMITED SR V004 8.55 NCD 27MR29 FVRS10LAC
3.2% - 6
CANARA BANK CD 02FEB27
3.1% - 7
STATE BANK OF INDIA SR I 6.80 BD 21AG35 FVRS10LAC
2.9% - 8
INDIAN OIL CORPORATION LIMITED SR XXVI 7.36 NCD 16JL29 FVRS1LAC
2.9% - 9
Net Current Assets
2.8% - 10
RURAL ELECTRIFICATION CORPORATION LIMITED 7.77 SR 220-A BD 31MR28 FVRS1LAC
2.7%
Show all 62
- 11
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.83 BD 24NV28 FVRS1LAC
2.6% - 12
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC
2.6% - 13
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR III 7.34 BD 26FB29 FVRS1LAC
2.6% - 14
POWER FINANCE CORPORATION LTD. SR BS221B 7.59 BD 17JN28 FVRS10LAC
2.1% - 15
EXPORT IMPORT BANK OF INDIA SR Z02 7.40 BD 14MR29 FVRS1LAC
2.1% - 16
POWER FINANCE CORPORATION LTD. SERIES 203 B 7.75 BD 11JU30 FV10LAC
2.1% - 17
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24H 7.62 BD 10MY29 FVRS1LAC
2.1% - 18
ICICI BANK LIMITED SR DJU21LB 6.45 BD 15JU28 FVRS10LAC
2.1% - 19
NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT SR NABFID2026-3 6.67 BD 30MY30 FVRS1LAC
2.0% - 20
ICICI BANK LIMITED SR DNV25T2 7.40 BD 28NV40 FVRS1CR
2.0% - 21
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC
1.8% - 22
FOOD CORPORATION OF INDIA 8.8 LOA 22MR28 FVRS10LAC
1.6% - 23
7.71% GOI 18-May-2066
1.6% - 24
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 7.47 BD 05SP29 FVRS1LAC
1.6% - 25
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IX 7.39 BD 21MR30 FVRS1LAC
1.6% - 26
CANARA BANK CD 12FEB27
1.5% - 27
BANK OF BARODA CD 04FEB27
1.5% - 28
UNION BANK OF INDIA CD 19JAN27
1.5% - 29
Union Bank of India CD
1.5% - 30
INDIAN BANK CD 24MAY27
1.5% - 31
HDFC BANK LIMITED SR AA010 7.80 NCD 06SP32 FVRS10LAC
1.4% - 32
POWER GRID CORPORATION OF INDIA LIMITED SR LXX 7.40 BD 17FB33 FVRS1LAC
1.4% - 33
RURAL ELECTRIFICATION CORPORATION LIMITED SR I 8.01 BD 24MR28 FVRS10LAC
1.3% - 34
REC LIMITED SR XII 6.45 BD 07JN31 FVRS10LAC
1.2% - 35
HDFC BANK LIMITED SR U003 9 NCD 01NV28 FVRS10LAC
1.1% - 36
FOOD CORPORATION OF INDIA SR VII A 7.60 LOA 09JN30 FVRS10LAC
1.0% - 37
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 178 7.46 BD 18JU29 FVRS1LAC
1.0% - 38
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 181 7.37 BD 31JL29 FVRS1LAC
1.0% - 39
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26F 7.44 BD 17JL29 FVRS1LAC
1.0% - 40
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VII 7.42 BD 12MR29 FVRS1LAC
1.0% - 41
HDFC BANK LIMITED SR AB001 7.69 NCD 27JN33 FVRS1LAC
1.0% - 42
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 6.74 BD 10JN29 FVRS1LAC
1.0% - 43
HDFC Bank Limited (15/02/2027) ** #
1.0% - 44
MAHANAGAR TELEPHONE NIGAM LIMITED. SR V/2020 7.05 LOA 110T30 FVRS10LAC
1.0% - 45
ONGC PETRO ADDITIONS LIMITED SR XIV 6.99 NCD 30OT30 FVRS1LAC
1.0% - 46
HDFC BANK LIMITED SR AB002 7.97 NCD 17FB33 FVRS1LAC
0.9% - 47
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25C 7.44 BD 24FB28 FVRS1LAC
0.9% - 48
GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100
0.8% - 49
STATE DEVELOPMENT LOAN 33896 MH 31JN35 7.63 FV RS 100
0.8% - 50
STATE DEVELOPMENT LOAN 36510 TN 17SP33 7.19 FV RS 100
0.7% - 51
RURAL ELECTRIFICATION CORPORATION LIMITED SR 156 7.7 BD 10DC27 FVRS10LAC
0.5% - 52
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25A 7.70 BD 30SP27 FVRS1LAC
0.5% - 53
REC LIMITED SR 248A 6.52 BD 31JN28 FVRS1LAC
0.5% - 54
REC LIMITED SR 223B 7.46 BD 30JU28 FVRS1LAC
0.5% - 55
Others Class A2 AIF
0.4% - 56
STATE DEVELOPMENT LOAN 36420 MH 10SP33 7.18 FV RS 100
0.3% - 57
MAHANAGAR TELEPHONE NIGAM LIMITED. SR VIII TR C 7.80 BD 07NV33 FVRS1LAC
0.1% - 58
IRFC TX SR-16E SR 167 7.65 BD 30DC32 FVRS10LAC
0.1% - 59
POWER FINANCE CORPORATION LTD. SERIES 184 B 9.10 BD 23MR29 FVRS10LAC
0.1% - 60
POWER FINANCE CORPORATION LTD. SR 223 7.64 BD 22FB33 FVRS1LAC
0.0% - 61
STATE DEVELOPMENT LOAN 36738 GUJ 26NV32 6.98 FV RS 100
0.0% - 62
STATE DEVELOPMENT LOAN 29648 GUJ 04NV30 6.46 FV RS 100
0.0%
What does it cost?
0.40% a year: ₹40 on every ₹10,000 you hold.
The middle fee for Banking and PSU direct plans is 0.35%.
Exit load: None
How has it done?
- 1 year
- +4.4%
- 3 years, per year
- +7.2%
- 5 years, per year
- +6.4%
Worst fall so far: −2.8% (Mar 2020 to Mar 2020).
Against other Banking and PSU funds: out of 124 three-year stretches, it finished above the middle Banking and PSU fund in 118.
In Jan–Apr 2020 alone it fell 2.8%; the middle fund fell 3.0%.
Past prices are not a forecast of anything.
Events
- 1 October 2026Fee changed from 0.40% to 0.40% a year.
- 29 September 2026New portfolio published: holdings as at 29 September 2026.
- 1 September 2026Fee moved between 0.39% and 0.44% a year (12 changes, 8 Apr 2025 – 1 Sep 2026).
- 16 April 2024Fee moved between 0.36% and 0.39% a year (3 changes, 22 Apr 2022 – 16 Apr 2024).
Sources and dates
- Holdings
- Groww's page for this fund, month-end 29 September 2026
- Prices
- AMFI via mfapi.in, to 11 November 2026
- Fee
- Groww, from 1 October 2026
- Company sizes
- SEBI's rank by full market value, 25 September 2026