Should I invest in Kotak Banking and PSU Debt Direct - Annual Dividend?

We don't give personal investment advice. Kotak Banking and PSU Debt Direct - Annual Dividend is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding.

Kotak

Kotak Banking and PSU Debt Direct - Annual Dividend

Latest NAV

₹17.1427

As of

15 Sep 2017

982 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.01%	+0.04%	-0.05	52 / 60	Q4
1W	-0.02%	+0.18%	-0.20	54 / 60	Q4
2W	-0.01%	+0.25%	-0.26	53 / 60	Q4
1M	+0.37%	+0.10%	+0.27	3 / 60	Q1
3M	+1.89%	-0.18%	+2.07	4 / 60	Q1
6M	+4.73%	+0.11%	+4.61	2 / 60	Q1
YTD	-3.73%	+0.01%	-3.74	57 / 60	Q4
1Y	-0.70%	+0.62%	-1.32	40 / 60	Q3
2Y	+0.43%	+2.02%	-1.58	31 / 60	Q3
3Y	+0.24%	+1.80%	-1.56	27 / 57	Q2
4Y	+0.23%	+1.90%	-1.67	31 / 51	Q3
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+0.77%	+1.97%	-1.20	27 / 57	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2017 YTD	-3.73%	+0.89%	-4.62	46 / 46
2016	+2.03%	+2.60%	-0.57	15 / 43
2015	-0.30%	+2.37%	-2.67	6 / 7
2014	-0.31%	+0.00%	-0.32	4 / 4
2013	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.37%

38 windows

min -0.7% · max 2.7%

63% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+0.19%

14 windows

min -2.9% · max 0.8%

93% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

7.82%

3-year · annualised

Sharpe ratio

-0.76

vs risk-free 6.5%

Sortino ratio

-0.80

Downside-only deviation

Max drawdown

-8.90%

Feb 2017 → Mar 2017

% positive months

88.9%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Banking & PSU Fund

Scheme	Fund house	NAV	As of
HDFC Banking and PSU Debt Fund - IDCW Option - Direct Plan	HDFC	₹10.0227	3 Jun 2026
NIPPON INDIA BANKING and PSU FUND - Direct Plan - IDCW Option	Nippon India	₹22.3658	3 Jun 2026
SBI Banking & PSU Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹1,520.0680	3 Jun 2026
ICICI Prudential Banking and PSU Debt Fund - Direct Plan - Quarterly IDCW	ICICI Prudential	₹12.9930	3 Jun 2026
Invesco India Banking and PSU Fund - Direct Plan - Daily IDCW (Reinvestment)	Invesco	₹1,062.6489	3 Jun 2026
Bandhan Banking and PSU Fund - Direct Annual IDCW	Bandhan	₹12.0978	3 Jun 2026
Aditya Birla Sun Life Banking & PSU Debt Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹104.7496	3 Jun 2026
Franklin India Banking and PSU Debt Fund - Direct - IDCW	Franklin India	₹11.5390	3 Jun 2026
Mirae Asset Banking and PSU Fund - Direct Plan - IDCW	Mirae Asset	₹13.7262	3 Jun 2026
Kotak Banking and PSU Debt Direct - Monthly Payout of Income Distribution cum capital withdrawal option	Kotak	₹10.2444	3 Jun 2026

Recent NAVs

Date	NAV
15 Sep 2017	₹17.1427
14 Sep 2017	₹17.1451
13 Sep 2017	₹17.1430
12 Sep 2017	₹17.1477
11 Sep 2017	₹17.1504
8 Sep 2017	₹17.1458
7 Sep 2017	₹17.1496
6 Sep 2017	₹17.1529
5 Sep 2017	₹17.1503
4 Sep 2017	₹17.1491

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 15 Sep 2017, the NAV of Kotak Banking and PSU Debt Direct - Annual Dividend is ₹17.1427. It's a Banking & PSU Fund from Kotak, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Kotak Banking and PSU Debt Direct - Annual Dividend has NAV history starting from 14 Aug 2013, a track record of about 12 years 9 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Kotak Banking and PSU Debt Direct - Annual Dividend is managed by Kotak. It's classified by AMFI under the 'Banking & PSU Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Kotak Banking and PSU Debt Direct - Annual Dividend has delivered a absolute return of -0.70% — -1.32 pp behind the Banking & PSU Fund category average of 0.62%. The fund ranks #40 of 60 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Kotak Banking and PSU Debt Direct - Annual Dividend has delivered a CAGR of 0.24% — -1.56 pp behind the Banking & PSU Fund category average of 1.80%. The fund ranks #27 of 57 in its category — the second (Q2) quartile.

Kotak Banking and PSU Debt Direct - Annual Dividend doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Kotak Banking and PSU Debt Direct - Annual Dividend exactly 3 years ago would be worth approximately ₹100,734 today — a multiplier of 1.01×, based on the 3-year CAGR of 0.24%. The category average over the same window would have grown ₹1 lakh to ₹105,510.

A ₹10,000 monthly SIP in Kotak Banking and PSU Debt Direct - Annual Dividend over the last 3 years — total invested ₹360,000 — would be worth ₹360,515 today. That's an XIRR (money-weighted annualised return) of 0.09%.

Kotak Banking and PSU Debt Direct - Annual Dividend doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹360,515 — XIRR 0.09%.

On a 3-year basis, Kotak Banking and PSU Debt Direct - Annual Dividend ranks #27 out of 57 funds in the Banking & PSU Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 1.80%; this fund delivered 0.24%.

The worst peak-to-trough decline Kotak Banking and PSU Debt Direct - Annual Dividend has experienced over the last 3-year window is 8.90% — its NAV fell from a high on 07 Feb 2017 to a low on 17 Mar 2017. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, Kotak Banking and PSU Debt Direct - Annual Dividend averaged 0.19% (best 0.81%, worst -2.91%). 93% of rolling windows ended positive. The 3-year Sharpe ratio is -0.76 — negative risk-adjusted performance.

In calendar year 2016, Kotak Banking and PSU Debt Direct - Annual Dividend returned 2.03% — lagging the Banking & PSU Fund category average of 2.60% by 0.57 pp. It ranked #15 of 43 in its category that year.

Kotak Banking and PSU Debt Direct - Annual Dividend doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. Kotak Banking and PSU Debt Direct - Annual Dividend is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.