| KOTAK BANKING & FINANCIAL SERVICES FUND
An open ended equity scheme investing in the Banking and Financial Services sectors
| KOTAK BANKING & FINANCIAL SERVICES FUND
An open ended equity scheme investing in the Banking and Financial Services sectors

   

   
Investment Objective

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. However, there is no assurance that the objective of the scheme will be achieved.

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. However, there is no assurance that the objective of the scheme will be achieved.


Issuer/Instrument
% to Net
Assets

Equity & Equity related
Banks 60.22
HDFC Bank Ltd. 13.70
ICICI Bank Ltd. 12.02
STATE BANK OF INDIA 9.64
Axis Bank Ltd. 7.83
KOTAK MAHINDRA BANK LTD. 3.50
BANK OF MAHARASHTRA 2.08
KARUR VYSYA BANK LTD. 2.06
Ujjivan Small Finance Bank Ltd. 2.01
Bank Of Baroda 1.86
IndusInd Bank Ltd. 1.76
RBL Bank Ltd 1.42
INDIAN BANK 1.36
SOUTH INDIAN BANK LTD. 0.97
FEDERAL BANK LTD. 0.01
Finance 20.91
BAJAJ FINANCE LTD. 5.66
SHRIRAM FINANCE LTD. 4.50
POONAWALLA FINCORP LTD. 2.10
Cholamandalam Investment and Finance Company Ltd. 1.73
Muthoot Finance Ltd 1.43
APTUS VALUE HOUSING FINANCE 1.36
PIRAMAL FINANCE LTD 1.33
Power Finance Corporation Ltd. 1.17
INDIA SHELTER FINANCE CORPORATION LTD 0.93
HOME FIRST FINANCE CO INDIA 0.70
Capital Markets 9.49
BSE LTD. 3.61
Nippon Life India Asset Management Ltd. 2.07
NUVAMA WEALTH MANAGEMENT LIMITED 1.35
Prudent Corporate Advisory Services Ltd. 0.98
COMPUTER AGE MANAGEMENT SERVICES LIMITED 0.80
BILLIONBRAINS GARAGE VENTURES LIMITED (GROWW) 0.68
Insurance 4.64
SBI Life Insurance Company Ltd 2.18
HDFC Life Insurance Company Ltd. 1.48
Max Financial Services Ltd. 0.98
Financial Technology (Fintech) 1.25
ONE 97 COMMUNICATIONS LTD. 1.25
Equity & Equity related - Total 96.51
Triparty Repo 3.84
Net Current Assets/(Liabilities) -0.35
Grand Total 100.00



Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (Rs) 10000 Since Inception 3 Years 1 year
Total amount invested (₹) 3,80,000 3,60,000 1,20,000
Total Value as on Mar 30, 2026 (₹) 4,03,089 3,75,356 1,08,669
Scheme Returns (%) 3.68 2.74 -17.19
Nifty Financial Services Index TRI Returns (%) 3.51 2.70 -20.60
Alpha* 0.17 0.04 3.41
Nifty Financial Services Index TRI (₹)# 4,01,990 3,75,132 1,06,336
Nifty 50 (TRI) (₹)^ 3,89,197 3,62,651 1,07,836
Nifty 50 (TRI) Returns (%) 1.49 0.48 -18.42

Scheme Inception : - February 27, 2023. The returns are calculated by XIRR approach assuming investment of Rs10,000/- on the 1st working day of every month. Since Inception returns are assumed to be starting from the inception date of the Scheme and calculated accordingly. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and taking the time of investment into consideration. The SIP performance details provided herein are of Regular Plan - Growth Option Different plans have different expense structure. # Benchmark; ^ Additional Benchmark. TRI – Total Return Index, In terms of Para no 7.23 of SEBI Master Circular no. HO/24/13/11(1)2026-IMD-POD-1/I/7602/2026 dated March 20, 2026, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). Alpha is difference of scheme return with benchmark return. *All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Source: ICRA MFI Explorer.

Net Asset Value (NAV)
RegularDirect
Growth Rs13.9785Rs14.6685
IDCW Rs13.9784Rs14.6663
(as on March 31, 2026)

Available Plans/Options

A) Regular Plan B) Direct Plan
Options: Growth and Income Distribution cum capital withdrawal (IDCW) (Payout and Reinvestment)


Fund Manager* Ms. Shibani Sircar Kurian &
Mr. Abhishek Bisen
BenchmarkNifty Financial Services Index TRI
Allotment dateFebruary 27, 2023
AAUMRs1,372.07 crs
AUMRs1,293.28 crs
Folio count59,511

IDCW Frequency

Trustee's Discretion


Ratios
Portfolio Turnover30.09%
$Beta0.98
$Sharpe ##0.33
$Standard Deviation15.20%
^^(P/E) 16.34
^^P/BV 2.19
Source: $ICRA MFI Explorer, ^^Bloomberg

Market Capitalisation*
Large Cap66.70%
Mid Cap17.23%
Small Cap12.58%
Debt & Money Market3.49%

*% of Net Asset

Minimum Investment Amount

Initial & Additional Investment
• Rs100 and any amount thereafter
Systematic Investment Plan (SIP)
• Rs 100 and any amount thereafter

Ideal Investments Horizon

• 5 years & above


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load:
• For redemption / switch out within 30 days from the date of allotment: 0.5%
• If units are redeemed or switched out on or after 30 days from the date of allotment: NIL


Total Expense Ratio**
Regular Plan: 2.12%
Direct Plan: 0.68%

Data as on 31st March, 2026 unless otherwise specified.

Folio Count data as on 28th February 2026.

Fund


Benchmark : Nifty Financial Services Index TRI
This product is suitable for investors who are seeking*:
  • Long term capital growth
  • Investment in portfolio of predominantly equity & equity related securities of companies engaged in Banking & Financial Services

* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

For latest Riskometer, investors may refer to an addendum issued or updated on website at www.kotakmf.com

## Risk rate assumed to be 6.98% (FBIL Overnight MIBOR rate as on 30th Mar 2026). **Total Expense Ratio includes applicable GST.
* For Fund Manager experience, please refer 'For Regular Plan' & 'For Direct Plan'
For scheme performance, please refer 'For Regular Plan' & 'For Direct Plan'