Kotak Pension Fund Limited is a joint venture between Kotak Mahindra Asset Management Limited and Kotak Mahindra Bank. Kotak Pension Fund was appointed as a Pension Fund Manager on April 30, 2009. It is currently being head by Mr. Sandeep Shrikhande.
Kotak NPS Tier 1 Account
| Returns/Scheme | Equity | Corporate Bonds | Government Bonds | Alternative Assets | Average Return* |
| 1 Year | 12.51% | 2.11% | -1.77% | 3.84% | 4.28% |
| 3 Years | 13.79% | 8.19% | 7.31% | NA | 9.76% |
| 5 Years | 17.17% | 10.25% | 9.58% | NA | 12.33% |
| Since Inception | 11.47% | 10.24% | 8.10% | 4.70% | 9.94% |
*Average return reflects the return earned on a scheme with equal allocation in Equity, Corporate Bonds and Government Bonds, with nothing invested in the Alternative Asset class considering its recent inclusion as a scheme category.
Also Read National Pension Scheme Tier 1
Kotak NPS Tier 2 Account
| Returns/Scheme | Equity | Corporate Bonds | Government Bonds | Average Return* |
| 1 Year | 12.45% | 1.64% | -1.60% | 4.16% |
| 3 Years | 13.72% | 7.90% | 7.30% | 9.64% |
| 5 Years | 16.95% | 9.91% | 9.64% | 12.17% |
| Since Inception | 10.72% | 9.02% | 7.91% | 9.22% |
*Average return reflects the return earned on a scheme with equal allocation in Equity, Corporate Bonds and Government Bonds.
Also Read National Pension Scheme Tier 2
The Management
Sandeep Shrikhande
Mr. Sandeep Shrikhande is the CEO of Kotak Pension Fund. Prior to this, he headed the business of Kotak Mahindra Old Mutual Life Insurance Limited.
Vinod A N
Mr. Vinod A N is the Fund Manager of Kotak Pension Fund. He has an experience of 15 years in the Banking industry.
Portfolio Details of Kotak Pension Fund
Kotak NPS Tier 1 Account
The value of total assets under management (AUM) for NPS Tier 1 is Rs. 523.62 crore.
| Details/Scheme | Equity | Corporate Bonds | Government Bonds | Alternative Assets |
| Scheme Inception Date | May 15, 2009 | October 14, 2016 | ||
| Asset Under Management (AUM) | Rs. 216 crore | Rs. 135 crore | Rs. 172 crore | Rs. 62 lakh |
| Top 5 Holdings | Equity Mutual Fund Schemes (Direct Plan Growth Option) – Aditya Birla Sunlife, Frontline, Franklin India,ICICI
Prudential Blue Chip Fund, SBI Blue Chip |
10.25% Shriram
Transport Fin Co Ltd 2024, 9.10% East North Interconnection Co. Ltd., 9.25% JMFCSL 2021, 7.90% India Infradebt Ltd 2022, 8.60% NABARD 2022 |
6.68% Govt Sector 2031, 8.24% Govt Sector 2033, 6.57% Govt Sector 2033,
7.59% Govt Sector 2029, 7.73% Govt Sector 2034 |
08.15% State
Bank of India AT1 Basel III Perp 02/08/2022, 9.00% State Bank Of India 06/09/2021 (Series I Basel III Tier I) |
| Weightage of Top 5 Holdings | 43.06% | 29.38% | 57.75% | 92.25% |
| Top 3 Sectors | NA | Lenders of electric energy transmission, Other financial services, Other credit granting institutions | NA | Banking |
Kotak NPS Tier 2 Account
The value of total assets under management (AUM) for NPS Tier 2 is Rs. 41 crore.
| Details/Scheme | Equity | Corporate Bonds | Government Bonds |
| Scheme Inception Date | December 14, 2009 | ||
| Asset Under Management (AUM) | Rs. 18 crore | Rs. 10 crore | Rs. 13 crore |
| Top 5 Holdings | Equity Mutual Fund Schemes (Direct Plan
Growth Option) – Birla Sunlife, Frontline, Aditya Birla Sun Life, Gennext, ICICI Prudential Blue Chip Fund |
9.10% East North
Interconnection Co. Ltd., 9.47% Indian Rail Fin Corp Ltd. 2031, 8.60% NABARD 2022, 8.65% Power Finance Corporation 2024 9.30% Shriram Transport FIn Co Ltd 2026 |
6.68% Govt Sector
2031, 8.24% Govt Sector 2033, 7.73% Govt Sector 2034, 8.15% Govt Sector 2022, 8.17% Govt Sector 2044 |
| Weightage of Top 5 Holdings | 44.63% | 21.94% | 51.78% |
| Top 3 Sectors | NA | Lenders of electric energy transmission, Other financial services, Other credit granting institutions | NA |
*All above details are as on September 25, 2018.