Dezerv

Fund Overview

Fund Size

Fund Size

₹18 Cr

Expense Ratio

Expense Ratio

0.23%

ISIN

ISIN

INF174KA1OR7

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

14 Aug 2023

About this fund

Kotak Nifty Financial Services Ex-Bank Index Fund Direct Growth is a Index Funds mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 9 months and 6 days, having been launched on 14-Aug-23.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹12.13, Assets Under Management (AUM) of 18.16 Crores, and an expense ratio of 0.23%.
  • Kotak Nifty Financial Services Ex-Bank Index Fund Direct Growth has given a CAGR return of 21.35% since inception.
  • The fund's asset allocation comprises around 100.00% in equities, 0.00% in debts, and 0.00% in cash & cash equivalents.
  • You can start investing in Kotak Nifty Financial Services Ex-Bank Index Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+21.35%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity18.15 Cr100.00%
Others0 Cr0.00%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Bajaj Finance LtdEquity2.82 Cr15.51%
Jio Financial Services LtdEquity1.78 Cr9.83%
Bajaj Finserv LtdEquity1.28 Cr7.05%
Shriram Finance LtdEquity1.04 Cr5.71%
SBI Life Insurance Company LimitedEquity0.95 Cr5.21%
Power Finance Corp LtdEquity0.94 Cr5.16%
REC LtdEquity0.92 Cr5.05%
HDFC Life Insurance Company LimitedEquity0.9 Cr4.95%
Cholamandalam Investment and Finance Co LtdEquity0.72 Cr3.95%
ICICI Lombard General Insurance Co LtdEquity0.64 Cr3.53%
HDFC Asset Management Co LtdEquity0.57 Cr3.14%
PB Fintech LtdEquity0.56 Cr3.08%
BSE LtdEquity0.55 Cr3.04%
Bajaj Holdings and Investment LtdEquity0.51 Cr2.83%
Sundaram Finance LtdEquity0.47 Cr2.59%
Max Financial Services LtdEquity0.36 Cr1.99%
ICICI Prudential Life Insurance Company LimitedEquity0.33 Cr1.79%
SBI Cards and Payment Services Ltd Ordinary SharesEquity0.31 Cr1.73%
Multi Commodity Exchange of India LtdEquity0.31 Cr1.69%
LIC Housing Finance LtdEquity0.3 Cr1.64%
Muthoot Finance LtdEquity0.27 Cr1.50%
Aditya Birla Capital LtdEquity0.24 Cr1.31%
IDFC LtdEquity0.24 Cr1.30%
Mahindra & Mahindra Financial Services LtdEquity0.23 Cr1.25%
L&T Finance LtdEquity0.2 Cr1.10%
Indian Energy Exchange LtdEquity0.17 Cr0.95%
Piramal Enterprises LtdEquity0.16 Cr0.89%
Triparty RepoCash - Repurchase Agreement0.16 Cr0.88%
Net Current Assets/(Liabilities)Cash-0.16 Cr0.88%
One97 Communications LtdEquity0.16 Cr0.88%
Manappuram Finance LtdEquity0.16 Cr0.87%
Can Fin Homes LtdEquity0.09 Cr0.51%

Allocation By Market Cap (Equity)

Large Cap Stocks

56.37%

Mid Cap Stocks

35.27%

Small Cap Stocks

8.36%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services18 Cr99.12%
Technology0.16 Cr0.88%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Abhishek Bisen

Abhishek Bisen

Since August 2023

Devender Singhal

Devender Singhal

Since August 2023

SD

Satish Dondapati

Since August 2023

Additional Scheme Detailsas of 30th April 2024

ISININF174KA1OR7Expense Ratio0.23%Exit LoadNo ChargesFund Size₹18 CrAge14 Aug 2023Lumpsum Minimum₹100Fund StatusOpen Ended Investment CompanyBenchmarkNifty Fin Ser Ex-Bank TR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Index Funds Funds

Fund nameExpense RatioExit LoadFund size
1Y
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹399.16 Cr56.7%
ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

0.9%0.0%₹399.16 Cr55.7%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹156.71 Cr67.9%
SBI Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹400.29 Cr56.1%
DSP Nifty 50 Equal Weight Index Fund Regular Growth

Very High Risk

1.0%0.0%₹1345.87 Cr35.9%
SBI Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹711.53 Cr62.5%
SBI Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹400.29 Cr57.0%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹156.71 Cr69.0%
DSP Nifty 50 Equal Weight Index Fund Direct Growth

Very High Risk

0.4%0.0%₹1345.87 Cr36.7%
SBI Nifty Smallcap 250 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹711.53 Cr61.6%

About the AMC

Total AUM

₹4,14,792 Cr

Address

2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051

Other Funds by Kotak Mahindra Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Kotak FMP Series 327 Direct Growth

Moderately High risk

-0.0%--
Kotak FMP Series 326 - 175 Days Direct Growth

Moderately High risk

----
Kotak FMP Series 325 - 90 Days Direct Growth

Moderate Risk

-0.0%--
Kotak FMP Series 324 - 109 Days Direct Growth

Moderately High risk

-0.0%--
Kotak Healthcare Fund Direct Growth

Very High Risk

0.7%1.0%₹290.95 Cr-
Kotak FMP Series 323 Direct Growth

Low Risk

-0.0%--
Kotak Consumption Fund Direct Growth

Very High Risk

0.7%1.0%₹547.81 Cr-
Kotak Nifty G-Sec July 2033 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹21.93 Cr-
Kotak Multi Asset Allocation Fund Direct Growth

High Risk

0.3%1.0%₹5755.21 Cr-
Kotak S&P BSE Housing Index Fund Direct Growth

Very High Risk

0.2%0.0%₹10.13 Cr-
Kotak Fixed Maturity Plan 1174 Days Series 268 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 308 - 1125 Days Direct Growth

Low Risk

-0.0%-7.6%
Kotak Yearly Interval Plan Series 1 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan 1355 Days Series 286 Direct Growth

Low to Moderate Risk

----
Kotak FMP Series 304 Direct Growth

Moderate Risk

---6.7%
Kotak Fixed Maturity Plan Series 262 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 291 - 1826 Days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan Series 264 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 310 - 1131 Days Direct Growth

Moderate Risk

-0.0%-6.8%
Kotak FMP Series 306 Direct Growth

Moderate Risk

-0.0%--
Kotak Quarterly Interval Series 12 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan Series 249 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 295 Direct Growth

Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan Series 258 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 298 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 290 - 1180 Days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Monthly Interval Series 4 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 293 - 1826 Days Direct Growth

Moderate Risk

-0.0%--
Kotak India Growth Fund Series IV Direct Growth

Very High Risk

0.3%0.0%₹132.94 Cr50.2%
Kotak Fixed Maturity Plan Series 260 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 287 - 1188 days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan Series 272 Direct Growth

Low to Moderate Risk

----
Kotak Fixed Maturity Plan Series 273 Direct Growth

Low to Moderate Risk

----
Kotak FMP Series 305 Direct Growth

Low to Moderate Risk

-0.0%-6.7%
Kotak FMP Series 300 - 1223 days Direct Growth

Low to Moderate Risk

-0.0%-6.7%
Kotak Quarterly Interval Series 13 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 292 - 1735 Days Direct Growth

Low to Moderate Risk

-0.0%₹421.44 Cr7.0%
Kotak FMP Series 289 -1179 days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 288 -1177 days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Small Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹14815.19 Cr43.9%
Kotak Flexicap Fund Direct Growth

Very High Risk

0.6%1.0%₹47465.64 Cr36.7%
Kotak Equity Opportunities Fund Direct Growth

Very High Risk

0.5%1.0%₹21495.80 Cr47.5%
Kotak Taxsaver Fund Direct Growth

Very High Risk

0.6%0.0%₹5608.21 Cr42.8%
Kotak Nifty 200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹114.01 Cr-
Kotak Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹631.09 Cr24.4%
Kotak Infrastructure and Economic Reform Fund Direct Growth

Very High Risk

0.7%1.0%₹1803.53 Cr62.0%
Kotak Low Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹9235.14 Cr7.6%
Kotak Bluechip Fund Direct Growth

Very High Risk

0.6%1.0%₹8027.99 Cr32.8%
Kotak Bond Fund Direct Growth

Moderate Risk

0.7%0.0%₹1831.30 Cr7.4%
Kotak Bond Fund Short Term Plan Direct Growth

Moderate Risk

0.4%0.0%₹14803.86 Cr7.2%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Kotak Nifty Financial Services Ex-Bank Index Fund Direct Growth, as of 17-May-2024, is ₹12.13.
The fund's allocation of assets is distributed as 100.00% in equities, 0.00% in bonds, and 0.00% in cash and cash equivalents.
The fund managers responsible for Kotak Nifty Financial Services Ex-Bank Index Fund Direct Growth are:-
  1. Abhishek Bisen
  2. Devender Singhal
  3. Satish Dondapati