| 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 59.40
HDFC Bank Ltd. 11.75
ICICI Bank Ltd. 11.21
STATE BANK OF INDIA 8.37
Axis Bank Ltd. 8.08
KOTAK MAHINDRA BANK LTD. 3.41
BANK OF MAHARASHTRA 2.41
IndusInd Bank Ltd. 2.36
JAMMU AND KASHMIR BANK LTD. 2.02
Bank Of Baroda 1.99
Ujjivan Small Finance Bank Ltd. 1.93
KARUR VYSYA BANK LTD. 1.84
RBL Bank Ltd 1.51
INDIAN BANK 1.46
SOUTH INDIAN BANK LTD. 1.05
FEDERAL BANK LTD. 0.01
Finance 21.37
BAJAJ FINANCE LTD. 5.73
SHRIRAM FINANCE LTD. 4.66
Power Finance Corporation Ltd. 2.24
POONAWALLA FINCORP LTD. 2.18
Cholamandalam Investment and Finance Company Ltd. 2.07
APTUS VALUE HOUSING FINANCE 1.62
PIRAMAL FINANCE LTD 1.30
INDIA SHELTER FINANCE CORPORATION LTD 0.84
HOME FIRST FINANCE CO INDIA 0.73
Capital Markets 12.55
BSE LTD. 4.99
NIPPON LIFE INDIA ASSET MANAGEMENT LTD. 2.55
NUVAMA WEALTH MANAGEMENT LIMITED 1.62
BILLIONBRAINS GARAGE VENTURES LIMITED (GROWW) 1.39
Prudent Corporate Advisory Services Ltd. 1.09
COMPUTER AGE MANAGEMENT SERVICES LIMITED 0.91
Insurance 2.99
SBI Life Insurance Company Ltd 2.01
Max Financial Services Ltd. 0.98
Financial Technology (Fintech) 1.80
ONE 97 COMMUNICATIONS LTD. 1.80
Equity & Equity related - Total 98.11
Triparty Repo 1.94
Net Current Assets/(Liabilities) -0.05
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 (₹) 4,00,000 3,60,000 1,20,000
Total Value as on May 29, 2026 (₹) 4,62,713 4,03,997 1,18,471
Scheme Returns (%) 8.76 7.68 -2.39
Nifty Financial Services Index TRI Returns (%) 7.66 6.57 -7.77
Alpha* 1.10 1.10 5.38
Nifty Financial Services Index TRI (₹)# 4,54,498 3,97,463 1,14,986
Nifty 50 (TRI) (₹)^ 4,31,317 3,75,779 1,14,002
Nifty 50 (TRI) Returns (%) 4.49 2.82 -9.28

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 Rs15.3352Rs16.1298
IDCW Rs15.3351Rs16.1274
(as on May 29, 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
AAUMRs1,456.39 crs
AUMRs1,445.59 crs
Folio count60,251

IDCW Frequency

Trustee's Discretion


Ratios
Portfolio Turnover27.51%
$Beta1.00
$Sharpe ##0.43
$Standard Deviation16.00%
^^(P/E) 16.40
^^P/BV 2.23
Source: $ICRA MFI Explorer, ^^Bloomberg

Market Capitalisation*
Large Cap61.52%
Mid Cap21.43%
Small Cap 15.16%
Debt & Money Market 1.89%

*% 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: 2.14%
Direct Plan: 0.69%

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

Folio Count data as on 30th April 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 5.52% (FBIL Overnight MIBOR rate as on 29th May 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'