- AMC
- Kotak Mahindra Mutual Fund
- Category
- Sectoral/ Thematic
- ISIN
- INF174KA1ME9
Kotak Banking & Financial Services Fund
₹16.2470
−₹0.1550 (−0.95%)
NAV · Direct · IDCW (Payout) ·
Kotak Banking & Financial Services Fund's Direct IDCW (Payout) NAV was ₹16.2470 on 19 Oct 2026, down 0.95% on the day. Its 3-year return is 11.81% a year.
- Expense ratio
- 2.25%
- Fund size
- ₹1,453.60 Cr
- Min. investment
- ₹100
NAV history
Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹14.6660 to ₹17.6070.
Direct · IDCW (Payout) plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.
Fund details
- Expense ratio
- 2.25% (Direct)
- Exit load
- 0.5% if redeemed/switched out within 30 days from allotment date; nil thereafter
- Riskometer
- Very high
- Benchmark
- Nifty Financial Services Total Return Index
- Launched
- 6 Feb 2023
- Fund managers
- Abhishek Bisen, Shibani Sircar Kurian
Fund size, expense ratio and minimums as of 16 Oct 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF174KA1MD1 | ₹16.2500 | −0.94% | 2.25% | −1.77% |
| Regular · Growth | INF174KA1MA7 | ₹15.3630 | −0.96% | 2.25% | −3.18% |
| Direct · IDCW (Payout) | INF174KA1ME9 | ₹16.2470 | −0.95% | 2.25% | −1.77% |
| Regular · IDCW (Payout) | INF174KA1MB5 | ₹15.3630 | −0.95% | 2.25% | −3.17% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
Armor risk check
Kotak Banking & Financial Services Fund moves about as much as the market
Volatility, past year
Worst fall, past year
Compared with the Nifty 500 over the past 12 months.
Check it against your portfolio in the appAbout this fund
Kotak Banking & Financial Services Fund is an open-ended mutual fund from Kotak Mahindra Mutual Fund, in the Sectoral/ Thematic category. It began on 6 Feb 2023. It is benchmarked to the Nifty Financial Services Total Return Index. The fund manages ₹1,453.60 Cr across its plans as of 16 Oct 2026. The Direct · IDCW (Payout) plan has an expense ratio of 2.25%. The minimum first investment is ₹100, and SIPs are available.
FAQs
What is the NAV of Kotak Banking & Financial Services Fund?
The NAV of Kotak Banking & Financial Services Fund (Direct · IDCW (Payout)) was ₹16.2470 on 19 Oct 2026, down 0.95% from the previous NAV.
What plans does Kotak Banking & Financial Services Fund have?
Kotak Banking & Financial Services Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW (Payout); Regular · IDCW (Payout).
What is the expense ratio of Kotak Banking & Financial Services Fund?
The Direct · IDCW (Payout) plan of Kotak Banking & Financial Services Fund has an expense ratio of 2.25%.
What is the fund size (AUM) of Kotak Banking & Financial Services Fund?
Kotak Banking & Financial Services Fund manages ₹1,453.60 Cr across all plans as of 16 Oct 2026.
What returns has Kotak Banking & Financial Services Fund delivered?
Kotak Banking & Financial Services Fund returned −1.77% over 1Y, +11.81% a year over 3Y. Past performance does not guarantee future returns.
What is the exit load of Kotak Banking & Financial Services Fund?
Kotak Banking & Financial Services Fund: 0.5% if redeemed/switched out within 30 days from allotment date; nil thereafter.
What is the minimum investment and SIP amount for Kotak Banking & Financial Services Fund?
The minimum first investment in Kotak Banking & Financial Services Fund is ₹100, and ₹100 after that. SIPs are available (SIP available with minimum Rs. 100, frequency options: Daily, Weekly, Monthly, Quarterly, Half-Yearly, Annually on any date from 1st to 31st).
How risky is Kotak Banking & Financial Services Fund?
Kotak Banking & Financial Services Fund is rated "very high risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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