Investment Objective and Approach

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. It allows flexibility to buy across all market cap segments & looks forward to participate in the potential growth story of Banking & financial Services in India.

The fund follows a focused investment approach targeting:

- Banks and financial services companies across market capitalizations

- Long-term capital appreciation through equity investments

- Participation in India's growing banking and financial services sector

- Diversification across banking, insurance, capital markets, and other financial sub-sectors

Fund Managers

Ms. Shibani Kurian, Mr. Abhishek Bisen & Mr. Arjun Khanna have been managing the fund since 27/2/2023.

Ms. Shibani Sircar Kurian

- Senior Fund Manager with extensive experience in equity research and fund management

- AUM: ₹12,685.83 Cr. across all funds managed

- Expertise in equity markets and investment strategy

Mr. Abhishek Bisen

- Abishek Bisen holds a BA (Management) and MBA (Finance) degree. Hong Kong-based financial magazine The Asset awarded him the Highly Commended Investors in Indian Rupees Bonds twice.

- Before joining Kotak, Mr. Bisen worked in the Portfolio Advisory and Sales & Trading of Fixed Income Products of the Securities Trading Corporation of India Ltd. He joined KMAMC or October 2006 and manages debt schemes.

Mr. Arjun Khanna

- Mr. Arjun Khanna is a CFA graduate and FRM, MMS(Finance) & B.E (Electronics). Mr. Arjun Khanna has a rich experience of over 10 years in banking and financial companies.

- Prior to joining Kotak Mahindra Mutual Fund, he was associated with Principal Mutual Fund and had also worked with Citibank in the past.

- He is a holder of the right to use the Chartered Financial Analyst designation and is also a Financial Risk Manager - Certified by the Global Association of Risk Professionals.

About the Fund House (AMC)

Kotak Mahindra Asset Management Company Limited (KMAMC)

Kotak Mahindra Mutual Fund is a part of the Kotak Group established in 1985 by Mr. Uday Kotak. Kotak Mahindra Asset Management Company (KMAMC) is the asset manager for Kotak Mahindra Mutual Fund (KMMF). KMAMC started its operations in 1998.

Key highlights:

- As of 31st March 2024, the asset under management of Kotak AMC is more than 3.81 lakh crores.

- KMAMC has 86 branches spread over 82 cities in India and has 25.9 lakh unique investors.

- Kotak Mahindra Asset Management Company Limited (KMAMC), a wholly owned subsidiary of Kotak Mahindra bank Limited (KMBL), is the Asset Manager for Kotak Mahindra Mutual Fund (KMMF). KMAMC has approximately 21 Lac investors in various schemes.

- Currently, the company offers around 261 schemes catering to the variable risk appetite of investors.

- Kotak Mutual Fund, founded in 1998, has grown significantly, expanding its product range and enhancing technology to improve customer service.

Management & Leadership

- Mr. Nilesh Shah is the Current MD of Kotak Mutual Fund.

- Kotak Mutual Fund is a part of the Kotak Mahindra Group, which also includes Kotak Mahindra Bank. They operate under the same corporate umbrella, leveraging the group's financial expertise and infrastructure.

Fund Performance Data (As of April 8, 2025)

- The AUM (i.e. assets under management) of Kotak Banking & Financial Services Fund is ₹1119.78 Cr as of 8th April 2025.

- The expense ratio of Kotak Banking & Financial Services Fund Plan is 2.17 as of 8th April 2025.

- The Expense Ratio of Kotak Banking & Financial Services Fund is 2.2%

- The minimum SIP amount of Kotak Banking & Financial Services Fund is ₹100

Should I Invest in Kotak Banking & Financial Services Fund?

This fund is suitable for investors who:

Investment Considerations

- Seek exposure to India's growing banking and financial services sector

- Have a long-term investment horizon (minimum 5-7 years recommended)

- Are comfortable with high volatility and sectoral concentration risk

- Want to participate in the potential growth story of financial services in India

Risk Factors

- The Kotak Banking & Financial Services Fund Direct Growth is rated Very High risk.

- Concentrated exposure to banking and financial services sector

- The volatility or standard deviation for the Kotak Banking & Financial Services Fund is 18.58

- Market volatility can significantly impact returns

Value Research Perspective

This is a fund that invests mainly in shares of banks and financial services companies. We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

Investment Recommendation

But if you do invest, you must do so only through the SIP route. Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.

FAQs

What is today's NAV of Kotak Banking & Financial Services Fund?

The NAV varies daily based on market conditions. You can check the current NAV on the Kotak Mutual Fund website or through financial platforms like Allvest.

What is the AUM of Kotak Banking & Financial Services Fund?

AUM: ₹ 1,269 Cr. as of June 30, 2025.

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

The expense ratio of Kotak Banking & Financial Services Fund Plan is 2.17 as of 8th April 2025.

What are the returns of Kotak Banking & Financial Services Fund since inception?

Scheme Inception date is 27/2/2023. Being a relatively new fund, long-term performance data is limited. Check recent performance on investment platforms.

What is the minimum SIP amount to invest in Kotak Banking & Financial Services Fund?

The minimum SIP amount of Kotak Banking & Financial Services Fund is ₹100

How do I invest in Kotak Banking & Financial Services Fund?

You can invest through Allvest platform online, directly through Kotak Mutual Fund website, or through authorized distributors. Complete KYC is required before investing.

How to start a SIP in Kotak Banking & Financial Services Fund?

Register with Allvest, complete your KYC, select the fund, choose SIP option, set monthly investment amount and date. The minimum SIP amount is ₹100.

How do I automate an SIP in Kotak Banking & Financial Services Fund?

To automate an SIP in Kotak Banking & Financial Services Fund, use the Auto-Invest feature on Kotak Securities. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested in the Kotak Banking & Financial Services Fund automatically, ensuring consistent contributions without manual intervention.

How can I withdraw/redeem my investment in Kotak Banking & Financial Services Fund?

You can redeem through Allvest platform, Kotak Mutual Fund website, or by submitting redemption forms. Online redemption is the fastest method, with proceeds credited to your registered bank account within 2-3 working days.