Kotak Nifty Financial Services Ex-Bank Index Fund Direct Growth
EquityIndex FundsVery High Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹38 Cr
Expense Ratio
0.23%
ISIN
INF174KA1OR7
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
14 Aug 2023
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹12.80, Assets Under Management (AUM) of 38.31 Crores, and an expense ratio of 0.23%.
- Kotak Nifty Financial Services Ex-Bank Index Fund Direct Growth has given a CAGR return of 21.43% since inception.
- The fund's asset allocation comprises around 99.86% in equities, 0.00% in debts, and 0.14% 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.
1 Year
+16.58%
— (Cat Avg.)
Since Inception
+21.43%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹38.25 Cr | 99.86% |
| Others | ₹0.06 Cr | 0.14% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Bajaj Finance Ltd | Equity | ₹5.33 Cr | 13.92% |
| Jio Financial Services Ltd | Equity | ₹2.93 Cr | 7.64% |
| Bajaj Finserv Ltd | Equity | ₹2.65 Cr | 6.91% |
| Shriram Finance Ltd | Equity | ₹2.43 Cr | 6.34% |
| HDFC Life Insurance Co Ltd | Equity | ₹2.13 Cr | 5.55% |
| SBI Life Insurance Co Ltd | Equity | ₹2.01 Cr | 5.24% |
| Power Finance Corp Ltd | Equity | ₹1.83 Cr | 4.78% |
| REC Ltd | Equity | ₹1.8 Cr | 4.71% |
| BSE Ltd | Equity | ₹1.68 Cr | 4.37% |
| PB Fintech Ltd | Equity | ₹1.49 Cr | 3.89% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹1.47 Cr | 3.83% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹1.26 Cr | 3.29% |
| Bajaj Holdings and Investment Ltd | Equity | ₹1.23 Cr | 3.20% |
| HDFC Asset Management Co Ltd | Equity | ₹1.2 Cr | 3.14% |
| Multi Commodity Exchange of India Ltd | Equity | ₹0.92 Cr | 2.40% |
| Sundaram Finance Ltd | Equity | ₹0.9 Cr | 2.36% |
| Max Financial Services Ltd | Equity | ₹0.88 Cr | 2.29% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹0.8 Cr | 2.08% |
| Indian Railway Finance Corp Ltd Ordinary Shares | Equity | ₹0.77 Cr | 2.01% |
| Muthoot Finance Ltd | Equity | ₹0.57 Cr | 1.49% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹0.57 Cr | 1.49% |
| Life Insurance Corporation of India | Equity | ₹0.57 Cr | 1.48% |
| LIC Housing Finance Ltd | Equity | ₹0.52 Cr | 1.37% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹0.44 Cr | 1.15% |
| Aditya Birla Capital Ltd | Equity | ₹0.4 Cr | 1.04% |
| Indian Energy Exchange Ltd | Equity | ₹0.37 Cr | 0.97% |
| Piramal Enterprises Ltd | Equity | ₹0.35 Cr | 0.92% |
| L&T Finance Ltd | Equity | ₹0.32 Cr | 0.85% |
| Manappuram Finance Ltd | Equity | ₹0.24 Cr | 0.62% |
| Can Fin Homes Ltd | Equity | ₹0.2 Cr | 0.53% |
| Net Current Assets/(Liabilities) | Cash | ₹0.06 Cr | 0.14% |
Allocation By Market Cap (Equity)
Large Cap Stocks
65.61%
Mid Cap Stocks
28.81%
Small Cap Stocks
5.43%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹38.25 Cr | 99.86% |
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
Additional Scheme Detailsas of 31st October 2024
ISIN INF174KA1OR7 | Expense Ratio 0.23% | Exit Load No Charges | Fund Size ₹38 Cr | Age 1 year 3 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark Nifty Fin Ser Ex-Bank TR |
Investment 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
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹565.80 Cr | 29.4% |
| ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 0.9% | 0.0% | ₹565.80 Cr | 28.7% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹471.41 Cr | 33.6% |
| SBI Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹670.31 Cr | 28.8% |
| DSP Nifty 50 Equal Weight Index Fund Regular Growth Very High Risk | 0.9% | 0.0% | ₹1886.93 Cr | 20.2% |
| SBI Nifty Smallcap 250 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1190.98 Cr | 28.6% |
| SBI Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹670.31 Cr | 29.5% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹471.41 Cr | 34.3% |
| DSP Nifty 50 Equal Weight Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1886.93 Cr | 20.9% |
| SBI Nifty Smallcap 250 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹1190.98 Cr | 27.8% |
About the AMC
Kotak Mahindra Mutual Fund
Total AUM
₹5,12,585 Cr
Address
2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051
Other Funds by Kotak Mahindra Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Kotak Nifty Financial Services Ex-Bank Index Fund Direct Growth?
What is the portfolio composition of Kotak Nifty Financial Services Ex-Bank Index Fund Direct Growth?
Who manages the Kotak Nifty Financial Services Ex-Bank Index Fund Direct Growth?
- Abhishek Bisen
- Devender Singhal
- Satish Dondapati
Trending Mutual Funds Searches
Popular Equity Funds
Popular Debt Funds
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.