Kotak Banking & Financial Services Fund

Q: What are the returns of this mutual fund scheme?

The Kotak Banking & Financial Services Fund is a 2 yrs 8 m old fund and has delivered average annual returns of 19.2% since inception. Kotak Banking & Financial Services Fund Returns 1-Year Since Inception 13.39% 19.2%

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹15.963+0.61% 1 day change	19.2% p.a.	App exclusive #NA View Ranked Funds	₹1,239 Cr

Historical NAV & returns

NAV: ₹15.963 as on Oct 20, 2025

This fund Category average

Kotak Banking & Financial Services Fund overview

AUM (Fund size)	₹1,239 Cr
Exit load	0.5% 0.5% for redemption within 30 Days!
Lock-in Period	Nil
Age	2 yrs 8 m since Feb 06, 2023
Benchmark	NIFTY Financial Services TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	2.13% as on Sep 30, 2025
Plan type	Regular
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%

Kotak Banking & Financial Services Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 17, 2025

Period	This fund	Category average
1 Month	5.35%	4.91%
3 Months	3.73%	3.57%
6 Months	7.78%	8.93%
1 Year	13.39%	14.88%
2 Years	19.55%	21.06%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 70.22%

Mid Cap 10.62%

Small Cap 17.85%

Other Cap 0%

Top holdings

HDFC Bank Ltd.18.42%

ICICI Bank Ltd.17.09%

State Bank of India7.58%

Bajaj Finance Ltd.6.47%

Top sectors

Financial 92.16000000000001%

Insurance 4.66%

Services 1.87%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 1.52%

Other Holdings

Others 1.52%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Banking & Financial Services Fund	5.35%	7.78%	13.39%	N.A.	N.A.	N.A.
Sundaram Financial Services Opportunities Fund	5.97%	4.68%	10.64%	18.52%	21.97%	14.36%
Nippon India Banking & Financial Services Fund	4.64%	6.8%	14.29%	18.38%	25.83%	13.97%
SBI Banking & Financial Services Fund	4.81%	11.41%	18.61%	19.31%	21.55%	16.75%
Invesco India Financial Services Fund	5.05%	9.6%	13.34%	20.89%	21.83%	15.32%
Tata Banking and Financial Services Fund	5.79%	7.55%	15.2%	18.32%	20.07%	16.13%

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	13.09	0.91	0.88	1.67
Nippon India Banking & Financial Services Fund	12.0	0.84	0.92	1.76
SBI Banking & Financial Services Fund	11.71	0.81	1.03	1.88
Invesco India Financial Services Fund	12.65	0.82	1.04	1.66
Tata Banking and Financial Services Fund	13.0	0.9	0.85	2.04

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Banking & Financial Services Fund	N.A.	1,239 Cr	2 yrs 8 m	2.13%
Sundaram Financial Services Opportunities Fund	N.A.	1,514 Cr	17 yrs 6 m	2.1%
Nippon India Banking & Financial Services Fund	N.A.	7,185 Cr	22 yrs 5 m	1.84%
SBI Banking & Financial Services Fund	N.A.	8,693 Cr	10 yrs 8 m	1.78%
Invesco India Financial Services Fund	N.A.	1,422 Cr	17 yrs 5 m	2.13%
Tata Banking and Financial Services Fund	N.A.	2,917 Cr	9 yrs 10 m	1.91%

View all Sectoral-banking funds

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

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Kotak Banking & Financial Services Fund in detail with

About this fund

About Kotak Banking & Financial Services Fund

Kotak Banking & Financial Services Fund is a Sectoral-Banking mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 2 yrs 8 m, having been launched on 06/02/2023. Kotak Banking & Financial Services Fund has ₹1,239 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak Banking & Financial Services Fund as of 20/10/2025 is ₹15.96. The fund has an expense ratio of 2.13%, which is higher than what most other Sectoral-banking funds charge.

Kotak Banking & Financial Services Fund returns of last 1-year are 10.17%. Since launch, it has delivered 19.33% average annual returns.
The fund has the majority of its money invested in Financial, Insurance, Services sectors. It has taken less exposure in Financial, Insurance sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., State Bank of India, Bajaj Finance Ltd., Axis Bank Ltd..

...

Fund AUM	1,239 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Abhishek Bisen

Mr. Bisen is a BA and MBA in Finance. Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.

Shibani Sircar Kurian

Ms. Kurian has done PGDM (Specialization in Finance), BSc (Hons)-Economics Prior to joining Kotak AMC, she was working with Dawnay Day AV India Advisors Pvt Ltd and UTI AMC.

Investment objective

The scheme seeks 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 can be no assurance that the investment objective of the scheme would be achieved.

Kotak Mahindra Mutual Fund details

No. of schemes	83 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

More funds from Kotak Mahindra Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Kotak Infrastructure and Economic Reform Fund	N.A.	2,341 Cr	0.88%	30.85%
Kotak Midcap Fund	N.A.	58,300 Cr	7.05%	27.34%
Kotak Small Cap Fund	N.A.	17,480 Cr	-3.38%	26.32%
Kotak Contra Fund	N.A.	4,716 Cr	5.83%	23.56%
Kotak Pioneer Fund	N.A.	3,148 Cr	10.06%	23.28%
Kotak Large & Midcap Fund	N.A.	28,381 Cr	6.11%	22.34%

See all Equity funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the Kotak Banking & Financial Services Fund plan is approximately ₹15.963 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Kotak Banking & Financial Services Fund is a 2 yrs 8 m old fund and has delivered average annual returns of 19.2% since inception.

Kotak Banking & Financial Services Fund Returns

1-Year	Since Inception
13.39%	19.2%

How much does this mutual fund charge as expense ratio?

The Kotak Banking & Financial Services Fund has an expense ratio of 2.13%, 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.

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

The Kotak Banking & Financial Services Fund currently has assets under management (AUM) or fund size valued at approximately 1,239 Cr as on Sep 30, 2025.

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

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.	18.42%
ICICI Bank Ltd.	17.09%
State Bank of India	7.58%
Bajaj Finance Ltd.	6.47%
Axis Bank Ltd.	4.7%
Kotak Mahindra Bank Ltd.	4.12%
Shriram Finance Ltd	3.04%
Poonawalla Fincorp Ltd.	2.99%
Indian Bank	2.4%
Power Finance Corporation Ltd.	2.04%

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

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

Sector	Percentage of Portfolio
Financial	92.16000000000001%
Insurance	4.66%
Services	1.87%

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

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

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

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

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

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.

ET Money rank

App exclusive

in Sectoral-Banking

#NA

Return Outperformance: This fund has generated highest return amongst Sectoral-Banking funds in the last 2 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: 0.5% for redemption within 30 Days