Kotak BSE PSU Index Fund
Thematic-PSUVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹9.16+1.50%1 day
- Return since launch
- -1.8%
- 52-week range
- ₹8.44 — ₹10.14
- AUM
- ₹75.62 Cr
Kotak BSE PSU Index Fund is a Thematic-PSU equity fund from Kotak Mahindra Mutual Fund with ₹75.62 Cr under management, launched in 2024. The expense ratio is 1.12% 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 -0.1% against -3.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -2.8% | −2.9 pts | 0.0% | -2.6% |
| 2Y | 3.9% | +0.4 pts | 3.5% | 1.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 6.4% | +1.3 pts | 5.1% | 6.1% |
| 3M | -2.4% | +0.1 pts | -2.5% | -1.1% |
| 6M | -4.5% | −0.5 pts | -4.0% | -4.2% |
| 1Y | -0.1% | −0.1 pts | 0.0% | -3.0% |
| 2Y | 2.0% | +0.9 pts | 1.1% | -0.6% |
Since launch (10 Jul 2024): -1.8%
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 3 Nov 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 30 Sep 2026
Asset allocation
- Equity100.0%
- Other0.0%
Market cap split
- Large76.9%
- Mid18.5%
- Small4.6%
- P/E
- 10.25
- P/B
- 1.53
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| State Bank of India | Financial | 19.12% | ₹14.46 Cr | +19.61% | +19.98% | +17.75% |
| NTPC Ltd. | Energy | 7.33% | ₹5.54 Cr | +7.79% | +8.65% | +7.92% |
| Bharat Electronics Ltd. | Capital Goods | 6.69% | ₹5.06 Cr | +6.79% | +7.04% | +7.09% |
| Power Grid Corporation Of India Ltd. | Energy | 5.69% | ₹4.30 Cr | +6.00% | +6.63% | +6.25% |
| Coal India Ltd. | Materials | 4.89% | ₹3.69 Cr | +4.60% | +5.04% | +4.36% |
| Oil And Natural Gas Corporation Ltd. | Energy | 4.20% | ₹3.18 Cr | +4.21% | +5.45% | +4.58% |
| Hindustan Aeronautics Ltd. | Capital Goods | 4.18% | ₹3.16 Cr | +3.78% | +3.21% | +4.35% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 2.91% | ₹2.20 Cr | +2.78% | +1.55% | +1.50% |
| Bharat Petroleum Corporation Ltd. | Energy | 2.83% | ₹2.14 Cr | +2.72% | +2.69% | +3.25% |
| Life Insurance Corporation of India | Insurance | 2.63% | ₹1.99 Cr | +1.00% | +0.90% | +0.84% |
| Indian Oil Corporation Ltd. | Energy | 2.36% | ₹1.78 Cr | +2.35% | +2.44% | +2.69% |
| Power Finance Corporation Ltd. | Financial | 2.27% | ₹1.72 Cr | +2.83% | +2.71% | +2.92% |
| GAIL (India) Ltd. | Energy | 2.20% | ₹1.67 Cr | +2.15% | +1.82% | +2.33% |
| Bank Of Baroda | Financial | 2.06% | ₹1.56 Cr | +2.33% | +2.26% | +2.36% |
| Canara Bank | Financial | 1.92% | ₹1.46 Cr | +1.94% | +2.04% | +2.03% |
| Punjab National Bank | Financial | 1.87% | ₹1.42 Cr | +1.69% | +1.70% | +1.91% |
| REC Ltd. | Financial | 1.78% | ₹1.34 Cr | +2.07% | +1.85% | +2.26% |
| Hindustan Petroleum Corporation Ltd. | Energy | 1.61% | ₹1.22 Cr | +1.74% | +1.58% | +2.08% |
| Union Bank of India | Financial | 1.56% | ₹1.18 Cr | +1.51% | +1.54% | +1.29% |
| National Aluminium Company Ltd. | Metals & Mining | 1.48% | ₹1.12 Cr | +1.40% | +1.71% | +0.94% |
| Indian Bank | Financial | 1.35% | ₹1.02 Cr | +1.32% | +1.45% | +1.29% |
| NHPC Ltd. | Energy | 1.30% | ₹0.98 Cr | +1.16% | +1.13% | +1.32% |
| NMDC Ltd. | Metals & Mining | 1.26% | ₹0.95 Cr | +1.34% | +1.28% | +1.28% |
| Steel Authority Of India Ltd. | Metals & Mining | 1.26% | ₹0.95 Cr | +1.15% | +1.07% | +0.95% |
| Oil India Ltd. | Energy | 1.15% | ₹0.87 Cr | +1.03% | +1.25% | +1.09% |
| Indian Railway Finance Corporation Ltd. | Financial | 0.84% | ₹0.64 Cr | +0.82% | +0.78% | +1.11% |
| Bank of India | Financial | 0.77% | ₹0.58 Cr | +0.79% | +0.83% | +0.74% |
| Mazagon Dock Shipbuilders Ltd. | Capital Goods | 0.77% | ₹0.59 Cr | +0.88% | +0.78% | +1.04% |
| Bank of Maharashtra | Financial | 0.76% | ₹0.58 Cr | +0.84% | +0.60% | +0.42% |
| Container Corporation Of India Ltd. | Services | 0.74% | ₹0.56 Cr | +0.75% | +0.72% | +0.88% |
| Hindustan Copper Ltd. | Metals & Mining | 0.74% | ₹0.56 Cr | +0.76% | +0.73% | +0.53% |
| Indian Railway Catering And Tourism Corporation Ltd. | Services | 0.66% | ₹0.50 Cr | +0.70% | +0.74% | +1.04% |
| General Insurance Corporation of India | Insurance | 0.64% | ₹0.49 Cr | +0.53% | +0.56% | +0.57% |
| Rail Vikas Nigam Ltd. | Construction | 0.54% | ₹0.41 Cr | +0.61% | +0.69% | +0.94% |
| Cochin Shipyard Ltd. | Capital Goods | 0.53% | ₹0.40 Cr | +0.58% | +0.49% | +0.74% |
| Bharat Dynamics Ltd. | Capital Goods | 0.49% | ₹0.37 Cr | +0.58% | +0.49% | +0.67% |
| Gujarat Energy Ltd. | Energy | 0.48% | ₹0.36 Cr | +0.59% | +0.26% | +0.36% |
| NLC India Ltd. | Energy | 0.45% | ₹0.34 Cr | +0.47% | +0.42% | +0.45% |
| Indian Renewable Energy Development Agency Ltd. | Financial | 0.42% | ₹0.32 Cr | +0.47% | +0.42% | +0.57% |
| Engineers India Ltd. | Construction | 0.41% | ₹0.31 Cr | +0.30% | +0.25% | +0.26% |
| NTPC Green Energy Ltd. | Energy | 0.41% | ₹0.31 Cr | +0.41% | +0.42% | +0.44% |
| Housing & Urban Development Corporation Ltd. | Financial | 0.40% | ₹0.30 Cr | +0.47% | +0.39% | +0.55% |
| NBCC (India) Ltd. | Construction | 0.39% | ₹0.29 Cr | +0.49% | +0.39% | +0.54% |
| BEML Ltd. | Capital Goods | 0.37% | ₹0.28 Cr | +0.31% | +0.26% | +0.39% |
| Chennai Petroleum Corporation Ltd. | Energy | 0.33% | ₹0.25 Cr | +0.25% | +0.23% | +0.18% |
| Garden Reach Shipbuilders & Engineers Ltd. | Capital Goods | 0.30% | ₹0.23 Cr | +0.36% | +0.28% | +0.35% |
| The Jammu & Kashmir Bank Ltd. | Financial | 0.29% | ₹0.22 Cr | +0.31% | +0.24% | +0.23% |
| Central Bank of India | Financial | 0.25% | ₹0.19 Cr | +0.15% | +0.15% | +0.18% |
| NMDC Steel Ltd. | Metals & Mining | 0.23% | ₹0.17 Cr | +0.23% | +0.19% | +0.25% |
| IFCI Ltd. | Financial | 0.22% | ₹0.17 Cr | +0.23% | +0.15% | +0.17% |
| Gujarat Mineral Development Corporation Ltd. | Materials | 0.20% | ₹0.15 Cr | +0.22% | +0.22% | +0.24% |
| Indian Overseas Bank | Financial | 0.20% | ₹0.15 Cr | +0.21% | +0.21% | +0.19% |
| SJVN Ltd. | Energy | 0.20% | ₹0.15 Cr | +0.24% | +0.22% | +0.31% |
| The New India Assurance Company Ltd. | Insurance | 0.20% | ₹0.15 Cr | +0.20% | +0.14% | +0.23% |
| Ircon International Ltd. | Construction | 0.18% | ₹0.14 Cr | +0.20% | +0.19% | +0.28% |
| Mangalore Refinery And Petrochemicals Ltd. | Energy | 0.14% | ₹0.11 Cr | +0.12% | +0.15% | +0.11% |
| Rites Ltd. | Construction | 0.13% | ₹0.10 Cr | +0.13% | +0.12% | +0.16% |
| UCO Bank | Financial | 0.13% | ₹0.10 Cr | +0.14% | +0.12% | +0.17% |
| Railtel Corporation Of India Ltd. | Communication | 0.11% | ₹0.08 Cr | +0.12% | +0.10% | — |
| GSPL Transmission Ltd. | Energy | 0.10% | ₹0.07 Cr | — | — | — |
| Rashtriya Chemicals and Fertilizers Ltd. | Chemicals | 0.07% | ₹0.05 Cr | +0.08% | +0.07% | +0.10% |
| Others | Others | 0.01% | ₹-0.01 Cr | +0.34% | -0.44% | -0.84% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Life Insurance Corporation of India | 0.98% | 2.63% | +1.65% |
| State Bank of India | 20.50% | 19.12% | -1.38% |
| Coal India Ltd. | 4.27% | 4.89% | +0.62% |
| Others | 0.26% | -0.25% | -0.51% |
| Bharat Electronics Ltd. | 6.90% | 6.69% | -0.21% |
| NHPC Ltd. | 1.09% | 1.30% | +0.21% |
| General Insurance Corporation of India | 0.52% | 0.64% | +0.12% |
| Mazagon Dock Shipbuilders Ltd. | 0.89% | 0.77% | -0.12% |
| NMDC Ltd. | 1.38% | 1.26% | -0.12% |
| National Aluminium Company Ltd. | 1.59% | 1.48% | -0.11% |
| Central Bank of India | 0.14% | 0.25% | +0.11% |
| Indian Bank | 1.46% | 1.35% | -0.11% |
| Power Grid Corporation Of India Ltd. | 5.60% | 5.69% | +0.09% |
| NTPC Ltd. | 7.25% | 7.33% | +0.08% |
| Indian Railway Finance Corporation Ltd. | 0.76% | 0.84% | +0.08% |
| Union Bank of India | 1.64% | 1.56% | -0.08% |
| Container Corporation Of India Ltd. | 0.81% | 0.74% | -0.07% |
| Engineers India Ltd. | 0.34% | 0.41% | +0.07% |
| Power Finance Corporation Ltd. | 2.34% | 2.27% | -0.07% |
| Hindustan Copper Ltd. | 0.80% | 0.74% | -0.06% |
| Steel Authority Of India Ltd. | 1.32% | 1.26% | -0.06% |
| IFCI Ltd. | 0.28% | 0.22% | -0.06% |
| Cochin Shipyard Ltd. | 0.59% | 0.53% | -0.06% |
| Bharat Dynamics Ltd. | 0.54% | 0.49% | -0.05% |
| Canara Bank | 1.97% | 1.92% | -0.05% |
| Oil India Ltd. | 1.20% | 1.15% | -0.05% |
| NLC India Ltd. | 0.40% | 0.45% | +0.05% |
| Bharat Heavy Electricals Ltd. | 2.96% | 2.91% | -0.05% |
| Bharat Petroleum Corporation Ltd. | 2.88% | 2.83% | -0.05% |
| Bank of India | 0.81% | 0.77% | -0.04% |
| Garden Reach Shipbuilders & Engineers Ltd. | 0.34% | 0.30% | -0.04% |
| Indian Oil Corporation Ltd. | 2.32% | 2.36% | +0.04% |
| REC Ltd. | 1.82% | 1.78% | -0.04% |
| GAIL (India) Ltd. | 2.17% | 2.20% | +0.03% |
| Chennai Petroleum Corporation Ltd. | 0.30% | 0.33% | +0.03% |
| Punjab National Bank | 1.84% | 1.87% | +0.03% |
| BEML Ltd. | 0.34% | 0.37% | +0.03% |
| Gujarat Energy Ltd. | 0.45% | 0.48% | +0.03% |
| Indian Railway Catering And Tourism Corporation Ltd. | 0.68% | 0.66% | -0.02% |
| Gujarat Mineral Development Corporation Ltd. | 0.22% | 0.20% | -0.02% |
| NMDC Steel Ltd. | 0.25% | 0.23% | -0.02% |
| The New India Assurance Company Ltd. | 0.22% | 0.20% | -0.02% |
| Housing & Urban Development Corporation Ltd. | 0.42% | 0.40% | -0.02% |
| NBCC (India) Ltd. | 0.41% | 0.39% | -0.02% |
| NTPC Green Energy Ltd. | 0.39% | 0.41% | +0.02% |
| Bank of Maharashtra | 0.77% | 0.76% | -0.01% |
| GSPL Transmission Ltd. | 0.09% | 0.10% | +0.01% |
| Hindustan Petroleum Corporation Ltd. | 1.60% | 1.61% | +0.01% |
| Rail Vikas Nigam Ltd. | 0.55% | 0.54% | -0.01% |
| Rites Ltd. | 0.14% | 0.13% | -0.01% |
| The Jammu & Kashmir Bank Ltd. | 0.30% | 0.29% | -0.01% |
| SJVN Ltd. | 0.21% | 0.20% | -0.01% |
| Oil And Natural Gas Corporation Ltd. | 4.21% | 4.20% | -0.01% |
| Bank Of Baroda | 2.06% | 2.06% | 0.00% |
| Hindustan Aeronautics Ltd. | 4.18% | 4.18% | 0.00% |
| Indian Overseas Bank | 0.20% | 0.20% | 0.00% |
| Indian Renewable Energy Development Agency Ltd. | 0.42% | 0.42% | 0.00% |
| Ircon International Ltd. | 0.18% | 0.18% | 0.00% |
| Mangalore Refinery And Petrochemicals Ltd. | 0.14% | 0.14% | 0.00% |
| Railtel Corporation Of India Ltd. | 0.11% | 0.11% | 0.00% |
| Rashtriya Chemicals and Fertilizers Ltd. | 0.07% | 0.07% | 0.00% |
| UCO Bank | 0.13% | 0.13% | 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 | ₹3,571 Cr | 2.37% | 0.5% | 6.0% | 17.8% |
 SBI PSU Fund | ₹6,354 Cr | 1.96% | -1.5% | 6.1% | 18.1% |
 Aditya Birla Sun Life PSU Equity Fund | ₹5,775 Cr | 1.87% | 3.0% | 6.3% | 17.5% |
 ICICI Prudential PSU Equity Fund | ₹1,755 Cr | 2.31% | 1.6% | 5.6% | — |
 Quant PSU Fund | ₹400 Cr | 3.33% | -1.1% | — | — |
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−4.55% absolute | ₹60,000 | ₹57,270 | −4.55% | |
| 1 year−0.05% annualised | ₹1,20,000 | ₹1,19,968 | −0.03% |
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 ₹9.16 as on 9 Nov 2026.
What is the expense ratio of Kotak BSE PSU Index Fund?
The expense ratio of Kotak BSE PSU Index Fund is 1.12% 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 97 schemes with ₹6,34,000 Cr under management.