Kotak BSE PSU Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 21-02-2025
₹ 7.52
▲1.8%
1D
Inception Returns
/yr
About Kotak BSE PSU Index Fund Direct Growth
Kotak BSE PSU Index Fund Direct Growth is an equity fund. This fund was started on 31 July, 2024. The fund is managed by Devender Singhal, Satish Dondapati, Abhishek Bisen. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak BSE PSU Index Fund Direct Growth has ₹70 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Kotak BSE PSU Index Fund Direct Growth has given a CAGR return of -24.15% since inception.
Holdings
Kotak BSE PSU Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Utilities, Industrial, Energy, Basic Materials, Tech. Its top holdings are State Bank of India, NTPC Ltd, Power Grid Corp Of India Ltd, Bharat Electronics Ltd, Oil & Natural Gas Corp Ltd
Taxation
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Kotak BSE PSU Index Fund Direct Growth
The investment objective of the scheme is to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak BSE PSU Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Kotak BSE PSU Index Fund Direct Growth Overview
| Expense ratio | 0.38% |
Benchmark | S&P BSE PSU TR INR |
| AUM | ₹70 Cr |
| Inception Date | 31 July, 2024 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 70.3 Cr as of Jan'25
- AUM decreased by 1.9 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Financial Services, Utilities & Energy
Top Losers | 1M Return |
|---|---|
 REC Ltd | -19.4% |
 Bharat Petroleum Corporation Ltd | -7.8% |
 State Bank of India | -6.7% |
Kotak BSE PSU Index Fund Direct Growth Highlights
Very High Risk
Fund Allocations
AUM size ₹70 Cr
Expense Ratio 0.38%
Frequently Asked Questions for Kotak BSE PSU Index Fund Direct Growth
Kotak BSE PSU Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -8.43% | -8.43% |
6 Month Returns | -20.96% | -20.96% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak BSE PSU Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
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Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak BSE PSU Index Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
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