Screener > Sectoral / Thematic > Kotak Banking & Financial Services Fund

Kotak Banking & Financial Services Fund - Regular Plan - Growth

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AMC: Kotak Mahindra Mutual Fund • Category: Sectoral / Thematic • NAV: Rs 16.697 (2026-11-11) • Rank: #54 in category (#204 overall) • Index Proxy: Nifty 500
🏷️ Low Expense 🚀 High Bull Capture
Information only. Past performance does not guarantee future returns. Check the scheme documents and consult a qualified professional before investing.

💡 Why Pick This Fund? Quantitative Strengths & Watch-outs

🟢 Key Strengths
  • Delivered positive returns in 100% of 3-year investment horizons.
  • Cost-efficient: expense ratio of 2.24% is lower than category median (2.52%).
🟡 Things to Keep in Mind
  • Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
₹92₹111₹131₹150₹170Mar '23Jan '25Nov '26
Kotak Banking & Financial Services Fund
Proxy (Nifty 500)

Key Statistics vs Category Median

Fund Size
Rs 1,577 cr
Category: Rs 804 cr (comfortable)
Total Expense (TER)
2.24%
Category Median: 2.52%
Base Expense (BER)
1.81%
Excludes levies & brokerage
Sharpe Ratio
0.46
Category Median: 0.34
Beta
1.06
Category Median: 0.97
Alpha
+1.09%
Category Median: +1.89%
Standard Deviation
16.99%
Category Median: 16.05%
MFIQ Score
6.0/10
Average
Performance and risk metrics closely match category benchmarks.
Returns (30%) 5.2/10
3Y CAGR 13.3% against a category median of 13.2% (+0.1 points).
Risk Management (30%) 5.9/10
Sharpe ratio 0.46 (cat median 0.34), downside capture 97.2%, max fall -16.8%.
Consistency (20%) 5.8/10
100.0% of 3Y rolling windows positive; beat category median in 1 of 2 calendar years.
Cost Efficiency (20%) 7.5/10
Total expense ratio 2.24% vs category median 2.52% (-0.28% points).
Ranked #54 of 221 in Sectoral / Thematic. Percentile standing measured against category cohort.

Trailing Returns Comparison

Period Fund Return Category Median Difference
1 Month +8.97% +6.32% +2.65%
3 Months +1.67% -0.20% +1.87%
6 Months +7.05% +5.98% +1.07%
1 Year +4.87% +3.90% +0.97%
3 Years CAGR +13.29% +13.23% +0.06%
Since Inception +14.76% - -

📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay

See how a regular monthly SIP in Kotak Banking & Financial Services Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.

Bank FD Benchmark
7.0% p.a. Fixed Deposit
Total Invested: ₹3,60,000
Maturity Value: ₹4,01,630
Interest Earned: +₹41,630
Actual Historical Performance
Kotak Banking & Financial Services Fund
CAGR: +13.29%
Fund Value: Calculating...
Extra Wealth Over FD: +₹0

Calendar Year Returns

Year Fund Category Median Gap
2026 +3.32% +4.03% -0.71%
2025 +14.22% +1.43% +12.79%
2024 +12.33% +20.41% -8.08%

Daily Rolling Returns Summary

Rolling Window Minimum Average Median Maximum % Positive % Beating Proxy
1-Year Rolling -7.84% +13.22% +11.85% +30.28% 95.0% 66.3%
3-Year Rolling +9.22% +12.38% +12.56% +16.58% 100.0% 56.2%

Risk Profile & Deepest Drawdowns

Sortino Ratio
0.64
Category: 0.46
R-Squared
0.821
Correlation with Proxy
Upside Capture
105.6%
Monthly return ratio
Downside Capture
97.2%
Lower is better

Deepest Market Corrections (Depth >= 10%)

Peak Date Trough Date Fall Depth Months to Bottom Recovery Period
2026-02-18 2026-03-31 -16.8% 1 months Not yet recovered
2024-09-26 2025-01-27 -13.7% 4 months 3 months

Portfolio & Asset Allocation

Statutory Asset Allocation Mandate (SEBI / SID)

Instrument Category Permitted Allocation Range
Investments Indicative Allocation Equity and Equity Related Instruments of companies engaged in Banking and Financial Services Sector 80%-100% Equity and Equity Related Instruments of companies other than those engaged in banking & financial services -0%-20% Debt and Money Market Instruments-0%-20% Units of Gold/Silver ETF-0%-20% Units of InvITs-0%-10%

Investment Objective & Strategy

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

ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.

Fund Size Position

Currently managing Rs 1,577 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Sectoral / Thematic schemes.

Too Small Small Comfortable Stretched Strained

Fund Management

Shibani Sircar Kurian
Managing scheme since 2023-02-27
3.7 yrs tenure
Abhishek Bisen
Managing scheme since 2023-02-27
3.7 yrs tenure
Umang Shah
Managing scheme since 2026-11-02
0.0 yrs tenure

Cost & Capital Gains Taxation

From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.

Applicable Tax Structure

Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.

Tax rules as of 23 July 2024. Verify before investing.

Closest Sectoral / Thematic Peers by Rank

Scheme Score 3Y Return Expense Downside Fund Size Compare
Baroda BNP Paribas Business Cycle Fund 5.0 +12.49% 2.53% 104.5% Rs 570 cr Compare →
Aditya Birla Sun Life ESG Integration Strategy Fund 4.6 +11.97% 2.43% 95.4% Rs 582 cr Compare →
Mirae Asset Banking and Financial Services Fund 6.0 +13.00% 2.13% 94.5% Rs 2,407 cr Compare →
Axis Business Cycles Fund 5.3 +12.57% 2.36% 103.4% Rs 2,086 cr Compare →
quant Manufacturing Fund 4.4 +14.12% 2.73% 123.2% Rs 710 cr Compare →

Frequently Asked Questions about Kotak Banking & Financial Services Fund

What is the expense ratio of Kotak Banking & Financial Services Fund?

Kotak Banking & Financial Services Fund has a total expense ratio (TER) of 2.24% with a base expense ratio of 1.81%, compared to the Sectoral / Thematic category median of 2.52%.

Who manages Kotak Banking & Financial Services Fund?

Kotak Banking & Financial Services Fund is managed by Shibani Sircar Kurian (tenure: 3.7 years since 2023-02-27).

What are the historical returns of Kotak Banking & Financial Services Fund?

Kotak Banking & Financial Services Fund delivered a 3-year CAGR of 13.29%. Its 1-year return stands at +4.87%.

How large is Kotak Banking & Financial Services Fund?

Kotak Banking & Financial Services Fund manages assets of Rs 1,577 cr, placing it in the 'comfortable' size band relative to Sectoral / Thematic peers.

How is Kotak Banking & Financial Services Fund scored on MFIQ?

Kotak Banking & Financial Services Fund holds an MFIQ Score of 6.0/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.

How risky is Kotak Banking & Financial Services Fund?

Kotak Banking & Financial Services Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 16.99% with a maximum historical drawdown of -16.84%.