Kotak BSE PSU Index Fund
Thematic-PSUVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹9.02+0.17%1 day
- Return since launch
- -1.5%
- 52-week range
- ₹8.67 — ₹10.14
- AUM
- ₹80.52 Cr
Kotak BSE PSU Index Fund is a Thematic-PSU equity fund from Kotak Mahindra Mutual Fund with ₹80.52 Cr under management, launched in 2024. The expense ratio is 1.11% and the SEBI riskometer reading is Very High.
Performance
Kotak BSE PSU Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.0% against +0.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -6.0% | −10.8 pts | 4.8% | -6.6% |
| 2Y | 2.3% | −0.3 pts | 2.6% | -0.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.5% | −0.5 pts | -3.0% | -2.2% |
| 3M | -3.9% | −1.0 pts | -2.9% | -2.9% |
| 6M | -0.1% | −4.4 pts | 4.3% | 1.6% |
| 1Y | 4.1% | −0.7 pts | 4.8% | 0.6% |
| 2Y | -1.7% | +0.8 pts | -2.5% | -4.2% |
Since launch (10 Jul 2024): -1.5%
Calendar-year returns
Category average10.9%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 10.9% | +1.2 pts | 9.7% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.11%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.88%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.22%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE PSU TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Kotak BSE PSU Index Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity99.7%
- Other0.3%
Market cap split
- Large76.6%
- Mid19.0%
- Small4.5%
- P/E
- 10.62
- P/B
- 1.64
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| State Bank of India | Financial | 20.50% | ₹16.51 Cr | +18.34% | +21.51% | +17.54% |
| NTPC Ltd. | Energy | 7.25% | ₹5.84 Cr | +8.41% | +7.81% | +8.19% |
| Bharat Electronics Ltd. | Capital Goods | 6.90% | ₹5.56 Cr | +6.74% | +6.86% | +6.96% |
| Power Grid Corporation Of India Ltd. | Energy | 5.60% | ₹4.51 Cr | +6.05% | +5.86% | +6.60% |
| Coal India Ltd. | Materials | 4.27% | ₹3.44 Cr | +4.78% | +4.23% | +4.49% |
| Oil And Natural Gas Corporation Ltd. | Energy | 4.21% | ₹3.39 Cr | +4.75% | +4.70% | +4.80% |
| Hindustan Aeronautics Ltd. | Capital Goods | 4.18% | ₹3.37 Cr | +3.69% | +3.16% | +4.27% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 2.96% | ₹2.38 Cr | +2.46% | +1.47% | +1.41% |
| Bharat Petroleum Corporation Ltd. | Energy | 2.88% | ₹2.32 Cr | +2.66% | +3.24% | +3.17% |
| Power Finance Corporation Ltd. | Financial | 2.34% | ₹1.88 Cr | +2.85% | +2.58% | +2.90% |
| Indian Oil Corporation Ltd. | Energy | 2.32% | ₹1.87 Cr | +2.36% | +2.97% | +2.64% |
| GAIL (India) Ltd. | Energy | 2.17% | ₹1.75 Cr | +2.03% | +1.97% | +2.46% |
| Bank Of Baroda | Financial | 2.06% | ₹1.66 Cr | +2.29% | +2.58% | +2.28% |
| Canara Bank | Financial | 1.97% | ₹1.59 Cr | +2.01% | +2.28% | +1.83% |
| Punjab National Bank | Financial | 1.84% | ₹1.48 Cr | +1.67% | +1.92% | +1.83% |
| REC Ltd. | Financial | 1.82% | ₹1.46 Cr | +1.92% | +1.87% | +2.28% |
| Union Bank of India | Financial | 1.64% | ₹1.32 Cr | +1.47% | +1.66% | +1.25% |
| Hindustan Petroleum Corporation Ltd. | Energy | 1.60% | ₹1.29 Cr | +1.72% | +1.81% | +1.89% |
| National Aluminium Company Ltd. | Metals & Mining | 1.59% | ₹1.28 Cr | +1.75% | +1.38% | +0.88% |
| Indian Bank | Financial | 1.46% | ₹1.18 Cr | +1.34% | +1.49% | +1.20% |
| NMDC Ltd. | Metals & Mining | 1.38% | ₹1.11 Cr | +1.38% | +1.21% | +1.24% |
| Steel Authority Of India Ltd. | Metals & Mining | 1.32% | ₹1.07 Cr | +1.35% | +1.03% | +0.90% |
| Oil India Ltd. | Energy | 1.20% | ₹0.97 Cr | +1.17% | +1.12% | +1.10% |
| NHPC Ltd. | Energy | 1.09% | ₹0.88 Cr | +1.12% | +1.01% | +1.27% |
| Life Insurance Corporation of India | Insurance | 0.98% | ₹0.79 Cr | +0.95% | +0.69% | +0.85% |
| Mazagon Dock Shipbuilders Ltd. | Capital Goods | 0.89% | ₹0.71 Cr | +0.86% | +0.73% | +1.05% |
| Bank of India | Financial | 0.81% | ₹0.65 Cr | +0.79% | +0.93% | +0.71% |
| Container Corporation Of India Ltd. | Services | 0.81% | ₹0.66 Cr | +0.73% | +0.73% | +0.95% |
| Hindustan Copper Ltd. | Metals & Mining | 0.80% | ₹0.65 Cr | +0.81% | +0.80% | +0.40% |
| Bank of Maharashtra | Financial | 0.77% | ₹0.62 Cr | +0.73% | +0.50% | +0.42% |
| Indian Railway Finance Corporation Ltd. | Financial | 0.76% | ₹0.61 Cr | +0.82% | +0.82% | +1.14% |
| Indian Railway Catering And Tourism Corporation Ltd. | Services | 0.68% | ₹0.55 Cr | +0.71% | +0.75% | +1.11% |
| Cochin Shipyard Ltd. | Capital Goods | 0.59% | ₹0.48 Cr | +0.57% | +0.54% | +0.71% |
| Rail Vikas Nigam Ltd. | Construction | 0.55% | ₹0.44 Cr | +0.63% | +0.77% | +0.90% |
| Bharat Dynamics Ltd. | Capital Goods | 0.54% | ₹0.44 Cr | +0.51% | +0.50% | +0.69% |
| General Insurance Corporation of India | Insurance | 0.52% | ₹0.42 Cr | +0.55% | +0.52% | +0.60% |
| Gujarat Energy Ltd. | Energy | 0.45% | ₹0.36 Cr | +0.72% | +0.30% | +0.38% |
| Housing & Urban Development Corporation Ltd. | Financial | 0.42% | ₹0.34 Cr | +0.47% | +0.40% | +0.54% |
| Indian Renewable Energy Development Agency Ltd. | Financial | 0.42% | ₹0.34 Cr | +0.48% | +0.41% | +0.58% |
| NBCC (India) Ltd. | Construction | 0.41% | ₹0.33 Cr | +0.47% | +0.41% | +0.53% |
| NLC India Ltd. | Energy | 0.40% | ₹0.32 Cr | +0.51% | +0.36% | +0.38% |
| NTPC Green Energy Ltd. | Energy | 0.39% | ₹0.31 Cr | +0.44% | +0.36% | +0.50% |
| BEML Ltd. | Capital Goods | 0.34% | ₹0.28 Cr | +0.30% | +0.28% | +0.39% |
| Engineers India Ltd. | Construction | 0.34% | ₹0.27 Cr | +0.29% | +0.26% | +0.29% |
| Garden Reach Shipbuilders & Engineers Ltd. | Capital Goods | 0.34% | ₹0.28 Cr | +0.35% | +0.30% | +0.35% |
| Chennai Petroleum Corporation Ltd. | Energy | 0.30% | ₹0.24 Cr | +0.23% | +0.20% | +0.16% |
| The Jammu & Kashmir Bank Ltd. | Financial | 0.30% | ₹0.24 Cr | +0.28% | +0.23% | +0.23% |
| IFCI Ltd. | Financial | 0.28% | ₹0.23 Cr | +0.20% | +0.17% | +0.17% |
| Others | Others | 0.26% | ₹0.16 Cr | +0.14% | -0.42% | +0.22% |
| NMDC Steel Ltd. | Metals & Mining | 0.25% | ₹0.20 Cr | +0.23% | +0.20% | +0.23% |
| Gujarat Mineral Development Corporation Ltd. | Materials | 0.22% | ₹0.17 Cr | +0.24% | +0.20% | +0.18% |
| The New India Assurance Company Ltd. | Insurance | 0.22% | ₹0.18 Cr | +0.18% | +0.16% | +0.25% |
| SJVN Ltd. | Energy | 0.21% | ₹0.17 Cr | +0.24% | +0.22% | +0.35% |
| Indian Overseas Bank | Financial | 0.20% | ₹0.16 Cr | +0.21% | +0.15% | +0.19% |
| Ircon International Ltd. | Construction | 0.18% | ₹0.15 Cr | +0.21% | +0.20% | +0.28% |
| Central Bank of India | Financial | 0.14% | ₹0.11 Cr | +0.14% | +0.17% | +0.18% |
| Mangalore Refinery And Petrochemicals Ltd. | Energy | 0.14% | ₹0.11 Cr | +0.12% | +0.15% | +0.11% |
| Rites Ltd. | Construction | 0.14% | ₹0.11 Cr | +0.12% | +0.12% | +0.17% |
| UCO Bank | Financial | 0.13% | ₹0.11 Cr | +0.13% | +0.14% | +0.17% |
| Railtel Corporation Of India Ltd. | Communication | 0.11% | ₹0.09 Cr | +0.13% | +0.12% | — |
| GSPL Transmission Ltd. | Energy | 0.09% | ₹0.07 Cr | — | — | — |
| Rashtriya Chemicals and Fertilizers Ltd. | Chemicals | 0.07% | ₹0.06 Cr | +0.08% | +0.08% | +0.11% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| State Bank of India | 19.79% | 20.50% | +0.71% |
| Power Finance Corporation Ltd. | 2.86% | 2.34% | -0.52% |
| Bharat Electronics Ltd. | 6.45% | 6.90% | +0.45% |
| Power Grid Corporation Of India Ltd. | 6.01% | 5.60% | -0.41% |
| NTPC Ltd. | 7.65% | 7.25% | -0.40% |
| REC Ltd. | 2.14% | 1.82% | -0.32% |
| Bharat Heavy Electricals Ltd. | 2.76% | 2.96% | +0.20% |
| Others | 0.06% | 0.26% | +0.20% |
| Steel Authority Of India Ltd. | 1.13% | 1.32% | +0.19% |
| Oil And Natural Gas Corporation Ltd. | 4.39% | 4.21% | -0.18% |
| Hindustan Aeronautics Ltd. | 4.04% | 4.18% | +0.14% |
| National Aluminium Company Ltd. | 1.46% | 1.59% | +0.13% |
| Hindustan Petroleum Corporation Ltd. | 1.73% | 1.60% | -0.13% |
| Union Bank of India | 1.52% | 1.64% | +0.12% |
| Coal India Ltd. | 4.38% | 4.27% | -0.11% |
| GAIL (India) Ltd. | 2.27% | 2.17% | -0.10% |
| Indian Bank | 1.36% | 1.46% | +0.10% |
| Indian Oil Corporation Ltd. | 2.39% | 2.32% | -0.07% |
| Oil India Ltd. | 1.14% | 1.20% | +0.06% |
| Engineers India Ltd. | 0.28% | 0.34% | +0.06% |
| Hindustan Copper Ltd. | 0.75% | 0.80% | +0.05% |
| Indian Railway Finance Corporation Ltd. | 0.81% | 0.76% | -0.05% |
| Gujarat Energy Ltd. | 0.50% | 0.45% | -0.05% |
| NHPC Ltd. | 1.14% | 1.09% | -0.05% |
| Bank Of Baroda | 2.10% | 2.06% | -0.04% |
| IFCI Ltd. | 0.24% | 0.28% | +0.04% |
| Mazagon Dock Shipbuilders Ltd. | 0.85% | 0.89% | +0.04% |
| NBCC (India) Ltd. | 0.45% | 0.41% | -0.04% |
| Punjab National Bank | 1.80% | 1.84% | +0.04% |
| NLC India Ltd. | 0.44% | 0.40% | -0.04% |
| Rail Vikas Nigam Ltd. | 0.59% | 0.55% | -0.04% |
| BEML Ltd. | 0.31% | 0.34% | +0.03% |
| Bank of Maharashtra | 0.74% | 0.77% | +0.03% |
| Housing & Urban Development Corporation Ltd. | 0.45% | 0.42% | -0.03% |
| Cochin Shipyard Ltd. | 0.56% | 0.59% | +0.03% |
| Container Corporation Of India Ltd. | 0.84% | 0.81% | -0.03% |
| NMDC Ltd. | 1.35% | 1.38% | +0.03% |
| Bank of India | 0.79% | 0.81% | +0.02% |
| Bharat Petroleum Corporation Ltd. | 2.90% | 2.88% | -0.02% |
| Canara Bank | 1.95% | 1.97% | +0.02% |
| Indian Renewable Energy Development Agency Ltd. | 0.44% | 0.42% | -0.02% |
| Life Insurance Corporation of India | 1.00% | 0.98% | -0.02% |
| SJVN Ltd. | 0.23% | 0.21% | -0.02% |
| The Jammu & Kashmir Bank Ltd. | 0.32% | 0.30% | -0.02% |
| NMDC Steel Ltd. | 0.23% | 0.25% | +0.02% |
| The New India Assurance Company Ltd. | 0.20% | 0.22% | +0.02% |
| Chennai Petroleum Corporation Ltd. | 0.28% | 0.30% | +0.02% |
| Bharat Dynamics Ltd. | 0.53% | 0.54% | +0.01% |
| Ircon International Ltd. | 0.19% | 0.18% | -0.01% |
| Rites Ltd. | 0.13% | 0.14% | +0.01% |
| UCO Bank | 0.14% | 0.13% | -0.01% |
| Rashtriya Chemicals and Fertilizers Ltd. | 0.08% | 0.07% | -0.01% |
| Indian Overseas Bank | 0.21% | 0.20% | -0.01% |
| Garden Reach Shipbuilders & Engineers Ltd. | 0.35% | 0.34% | -0.01% |
| Indian Railway Catering And Tourism Corporation Ltd. | 0.69% | 0.68% | -0.01% |
| Central Bank of India | 0.14% | 0.14% | 0.00% |
| GSPL Transmission Ltd. | 0.09% | 0.09% | 0.00% |
| General Insurance Corporation of India | 0.52% | 0.52% | 0.00% |
| Gujarat Mineral Development Corporation Ltd. | 0.22% | 0.22% | 0.00% |
| Mangalore Refinery And Petrochemicals Ltd. | 0.14% | 0.14% | 0.00% |
| NTPC Green Energy Ltd. | 0.39% | 0.39% | 0.00% |
| Railtel Corporation Of India Ltd. | 0.11% | 0.11% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹3,764 Cr | 2.43% | -0.9% | 6.6% | 18.6% |
 SBI PSU Fund | ₹6,703 Cr | 1.94% | -4.9% | 6.5% | 18.9% |
 Aditya Birla Sun Life PSU Equity Fund | ₹6,073 Cr | 1.88% | -0.3% | 6.6% | 18.2% |
 ICICI Prudential PSU Equity Fund | ₹1,850 Cr | 2.34% | -0.6% | 6.6% | — |
 Quant PSU Fund | ₹431 Cr | 3.56% | 2.3% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors.
Fund managers
- Abhishek BisenMr. 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.
- Jeetu Valechha SonarMr. Sonar is a Post Graduate Diploma in Management in Finance managementPrior to joining Kotak AMC Limited, he has worked as institutional dealer with Kotak Securities Ltd. and is part of Kotak Group since 2014.
- Satish DondapatiMr. Dondapati has done MBA FinancePrior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months−0.15% absolute | ₹60,000 | ₹59,910 | −0.15% | |
| 1 year4.06% annualised | ₹1,20,000 | ₹1,22,672 | 2.23% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Kotak BSE PSU Index Fund?
The NAV of Kotak BSE PSU Index Fund is ₹9.02 as on 25 Sep 2026.
What is the expense ratio of Kotak BSE PSU Index Fund?
The expense ratio of Kotak BSE PSU Index Fund is 1.11% per year.
What is the minimum SIP amount for Kotak BSE PSU Index Fund?
You can start a SIP in Kotak BSE PSU Index Fund with ₹3,000 a month.
Is there a lock-in or exit load on Kotak BSE PSU Index Fund?
Lock-in: None. Exit load: 0%.
How risky is Kotak BSE PSU Index Fund?
Kotak BSE PSU Index Fund is rated Very High on the SEBI riskometer and belongs to the Thematic-PSU category.
Which fund house manages Kotak BSE PSU Index Fund?
Kotak BSE PSU Index Fund is managed by Kotak Mahindra Mutual Fund, which runs 94 schemes with ₹6,09,561 Cr under management.