Question 1

What is the current NAV of Kotak Banking & Financial Services Fund Direct - Growth?

Accepted Answer

The current Net Asset Value (NAV) of the Kotak Banking & Financial Services Fund - Direct Growth plan is approximately ₹16.741 as of Dec 04, 2025.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The Kotak Banking & Financial Services Fund Direct - Growth is a 2 yrs 10 m old fund and has delivered average annual returns of 20.18% since inception.

Kotak Banking & Financial Services Fund Direct - Growth Returns

1-Year	Since Inception
11.58%	20.18%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The Kotak Banking & Financial Services Fund - Direct Growth has an expense ratio of 0.68%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

Question 4

What is the AUM or fund size of this mutual fund?

Accepted Answer

The Kotak Banking & Financial Services Fund currently has assets under management (AUM) or fund size valued at approximately 1,323 Cr as on Oct 31, 2025.

Question 5

What are the top stock holdings of Kotak Banking & Financial Services Fund?

Accepted Answer

The Kotak Banking & Financial Services Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	18.3%
ICICI Bank Ltd.	16.18%
State Bank of India	7.63%
Bajaj Finance Ltd.	6.33%
Axis Bank Ltd.	4.79%
Kotak Mahindra Bank Ltd.	4.07%
Shriram Finance Ltd	3.46%
Indian Bank	2.57%
Poonawalla Fincorp Ltd.	2.52%
Karur Vysya Bank Ltd.	2.11%

Question 6

What are the top sectors Kotak Banking & Financial Services Fund has invested in?

Accepted Answer

The Kotak Banking & Financial Services Fund has primarily invested in the following sectors

Company	Percentage of Portfolio
HDFC Bank Ltd.	18.3%
ICICI Bank Ltd.	16.18%
State Bank of India	7.63%
Bajaj Finance Ltd.	6.33%
Axis Bank Ltd.	4.79%
Kotak Mahindra Bank Ltd.	4.07%
Shriram Finance Ltd	3.46%
Indian Bank	2.57%
Poonawalla Fincorp Ltd.	2.52%
Karur Vysya Bank Ltd.	2.11%

Question 7

What is risk level of Kotak Banking & Financial Services Fund?

Accepted Answer

This is a Sectoral-banking fund comes with Very High risk.

Question 8

Is there any lock-in period in this mutual fund?

Accepted Answer

No, this fund does not have any lock-in period.

Question 9

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

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Kotak Banking & Financial Services Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Kotak Banking & Financial Services Fund is complete.

Question 10

How can I redeem my investments in Kotak Banking & Financial Services Fund?

Accepted Answer

Redeeming your investments in the Kotak Banking & Financial Services Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.68% as on Nov 30, 2025
Exit load	0.5% 0.5% for redemption within 30 Days!
AUM (Fund size)	₹1,323 Cr
Lock-in Period	Nil
Age	2 yrs 10 m since Feb 06, 2023
Benchmark	NIFTY Financial Services TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹1000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Period	This fund	Category average
1 Month	0.84%	1.94%
3 Months	8.34%	7.8%
6 Months	6.99%	6.24%
1 Year	11.58%	9.4%
2 Years	16.38%	14.42%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Banking & Financial Services Fund	0.84%	6.99%	11.58%	N.A.	N.A.	N.A.
Sundaram Financial Services Opportunities Fund	1.7%	6.0%	13.02%	19.1%	20.05%	16.37%
Invesco India Financial Services Fund	1.48%	7.92%	12.9%	21.31%	20.11%	17.84%
SBI Banking & Financial Services Fund	2.16%	11.41%	17.68%	20.41%	19.32%	18.57%
Nippon India Banking & Financial Services Fund	1.62%	6.68%	14.96%	18.04%	22.29%	15.46%
Tata Banking and Financial Services Fund	1.45%	7.85%	15.6%	17.89%	18.61%	18.06%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Banking & Financial Services Fund	N.A.	N.A.	N.A.	N.A.
Sundaram Financial Services Opportunities Fund	12.96	0.92	0.97	1.82
Invesco India Financial Services Fund	12.62	0.84	1.14	1.81
SBI Banking & Financial Services Fund	11.72	0.83	1.15	2.1
Nippon India Banking & Financial Services Fund	11.93	0.86	0.97	1.84
Tata Banking and Financial Services Fund	12.69	0.89	0.91	2.34

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Banking & Financial Services Fund	N.A.	1,323 Cr	2 yrs 10 m	0.68%
Sundaram Financial Services Opportunities Fund	N.A.	1,601 Cr	12 yrs 11 m	0.76%
Invesco India Financial Services Fund	N.A.	1,589 Cr	12 yrs 11 m	0.79%
SBI Banking & Financial Services Fund	N.A.	9,273 Cr	10 yrs 10 m	0.73%
Nippon India Banking & Financial Services Fund	N.A.	7,543 Cr	12 yrs 11 m	0.96%
Tata Banking and Financial Services Fund	N.A.	3,125 Cr	10 yrs	0.45%

Kotak Banking & Financial Services Fund Direct - Growth

Historical NAV & returns

Kotak Banking & Financial Services Fund overview

Kotak Banking & Financial Services Fund Returns calculator

Trailing returns as on Dec 01, 2025

Asset allocationas on Oct 31, 2025

Peer comparison

Key risk & return ratios Compared to other funds in the category

Compare Kotak Banking & Financial Services Fund in detail with

About this fund

About Kotak Banking & Financial Services Fund

Fund managers

Investment objective

Kotak Mahindra Mutual Fund details

More funds from Kotak Mahindra Mutual Fund

Frequently asked questions

Kotak Banking & Financial Services Fund Direct - Growth Returns

ET Money rank

Fund AUM	1,323 Cr as on Oct 31, 2025
Scheme document	View Scheme Document

No. of schemes	84 view all schemes
Total AUM	5,66,982 Cr as on Sep 30, 2025
Address	The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai, 400051
Phone	022-61152100 / 1800-22-2626

Fund name	ETM Rank	AUM	1Y	5Y
Kotak Infrastructure and Economic Reform Fund	N.A.	2,425 Cr	-3.42%	28.73%
Kotak Midcap Fund	N.A.	60,385 Cr	2.25%	24.8%
Kotak Small Cap Fund	N.A.	18,024 Cr	-8.93%	23.29%
Kotak Contra Fund	N.A.	4,921 Cr	4.64%	22.53%
Kotak Pioneer Fund	N.A.	3,285 Cr	8.13%	21.76%
Kotak Large & Midcap Fund	N.A.	29,516 Cr	4.46%	21.04%

Sector	Percentage of Portfolio
Financial	90.26%
Insurance	4.49%
Services	1.84%
Unclassified	1.31%