Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout
Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings. From Kotak Mahindra Mutual Fund. It's been running since 6 Mar 2023.
What ₹1 lakh would have become
Based on past returnsThese are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.
Play with a monthly investment
Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.
Vs 363 other funds in Equity Scheme - Sectoral/ Thematic
Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.
Year by year
Calendar-year returns. 4 of last 4 years were positive.
Price over time
How the per-unit price has moved. Tap a range to zoom in.
Bumpiness & worst drops
The value swings roughly 17% up or down in a typical year. Finance-speak calls this volatility.
A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.
Similar funds you might want to look at
Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.
Head-to-head comparisons
Side-by-side comparisons of Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout against other sector funds.
Technical details (for the pros)
Fund info
- Fund house
- Kotak Mahindra Mutual Fund
- Category
- Equity Scheme - Sectoral/ Thematic
- Plan
- Direct
- Option
- IDCW
- ISIN (Growth)
- INF174KA1ME9
- ISIN (Div re-invest)
- INF174KA1MF6
- Fund code
- 151383
- First price on record
- 6 Mar 2023 · 861 daily prices
About Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout
Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout is a Equity Scheme - Sectoral/ Thematic offered by Kotak Mahindra Mutual Fund under the Direct plan with the IDCW option. It has approximately 4 years of NAV track record. The fund falls in the sector category — Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.
The current NAV of Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout is ₹17.1430 (as of 4 Sep 2026). Historically, it has delivered 10.61% over the last year, 14.11% CAGR over 3 years. Returns are historical and don't predict future performance.
Over the last three years, the fund's prices have moved with 16.6% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 16.7%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.
Frequently asked
What is the latest NAV of Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout?+
The latest NAV of Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout is ₹17.1430 as of 4 Sep 2026, up 0.30% from the previous day. NAV is updated once a business day after the market close.
What are the returns of Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout?+
Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout has delivered 1-year return 10.61%, 3-year CAGR 14.11%, since-inception CAGR 16.47%. Returns are historical and don't predict future performance — markets move in cycles.
What category does Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout belong to?+
Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout is categorised as Equity Scheme - Sectoral/ Thematic. Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.
How risky is Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout?+
Based on its 3-year annualised volatility of 16.6%, Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.
Is Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout a direct plan?+
Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).
How old is Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout?+
Kotak Banking and Financial Services Fund - Direct Plan - IDCW Payout has NAV history available from 6 Mar 2023 — approximately 4 years of track record and 861 daily NAV observations.
Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.