Kotak Banking & Financial Services Fund(G) Mutual fund

Kotak Banking & Financial Services Fund(G)

Q: How to Invest in Kotak Banking & Financial Services Fund through Rupeezy?

Go to the Rupeezy App Click on the Explore tab on the lower navigation bar. Select the category of funds, e.g., Equity - Large Cap or any other. View and compare all funds in the category on a Risk-Return graph. Select the fund you want to invest in. Choose Lumpsum or SIP. Select Investment Amount & make payment using UPI or Net Banking.

Q: Is Kotak Banking & Financial Services Fund good?

The Kotak Banking & Financial Services Fund has an AUM of ₹985.92 Cr as on 12/4/2024. The scheme has delivered CAGR returns for the past 3 years against a category average of 20.52%. The risk is Very High against the category average of 75.04.

Q: Is Kotak Banking & Financial Services Fund tax free?

Mutual fund taxation depends on the scheme type and investment holding period. Taxation on equity funds: For equity funds (funds that invest at least 65% of the corpus in Indian stocks), if the holding period is more than 12 months, LTCG (Long Term Capital Gains) tax is applicable. For units sold within 12 months of purchase, STCG (Short Term Capital Gains) Tax is applicable. LTCG tax on equity-oriented schemes is 12.5% on capital gains over ₹1.25 lakh (as per the latest update in Budget 2024). STCG tax applicable on the sale of units of equity-oriented mutual fund schemes is 20%.

Q: What is the lock-in period of Kotak Banking & Financial Services Fund?

There is no lock-in period applicable on Kotak Banking & Financial Services Fund.

Q: What is the expense ratio of Kotak Banking & Financial Services Fund?

The expense ratio of Kotak Banking & Financial Services Fund is 2.21%.

Equity

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Sectoral

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Fund Details

Current NAV

₹14.82

Expense Ratio

2.21%

Min SIP

₹100

Fund Size

₹986Cr

Min Investment

₹100

Lock In

Scheme Information Document

Exit load: For redemption/switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. 1.00% - If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment. Nil - If units are redeemed or switched out on or after 1 year from the date of allotment.

Fund Performance

Alpha

4.91%

Beta

0.90

Sharpe Ratio

1.4393

Risk

11.62%

Above numbers are based upon past 3 years

Returns Calculator

Holding Pattern

Riskometer

Peer Comparison

Fund Management

Fund House Details

Kotak Banking & Financial Services Fund(G) FAQs

Q1. How to Invest in Kotak Banking & Financial Services Fund through Rupeezy?

Q2. Is Kotak Banking & Financial Services Fund good?

Q3. Is Kotak Banking & Financial Services Fund tax free?

Q4. What is the lock-in period of Kotak Banking & Financial Services Fund?

Q5. What is the expense ratio of Kotak Banking & Financial Services Fund?

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