
Kotak Nifty Bank Index Fund Direct Growth is a mutual fund scheme launched on 21 Aug 2026. The current NAV stands at ₹10.6490 as of 12 Nov 2026.
Scheme Overview
- Inception Date : 21 Aug 2026
- AUM : ₹7.75 Cr
- Expense Ratio : 0.18%
- Min. SIP : ₹500
- Min. Lumpsum : ₹1,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
1M
₹ 50.00K
3.50%
₹ 50.33K
8.00%
₹ 50.41K
9.93%
Total Investment
₹ 50,000
Returns
₹ 414 (9.93%)
Maturity Value
₹ 50,414
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
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*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 7.75 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹7.75 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
Sorry, No Data Available at this Moment!
Stock Holdings
Sorry, No Data Available at this Moment!
Fund Comparison
Fund Details
52W High NAV
₹ 10.5240
Min. SIP Amount
₹ 500.00
Min. Lumpsum Amount
₹ 1,000.00
AUM (in Cr.)
₹ 7.75
Expense Ratio
0.18%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 9.3480
Inception Date
21 Aug 2026
Fund Age
0 Yrs
Benchmark
Nifty Bank TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- No charges for withdrawal
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Abhishek Bisen | B.A., and MBA (Finance) |
| Satish Dondapati | MBA Finance |
| Jeetu Valechha Sonar | P.G.D.M in Finance Management |
Fund Objective
Passive Investment in equity and equity related securities replicating the composition of Nifty Bank Index, subject to tracking error.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Kotak Mahindra Mutual Fund
No. of Schemes
89
Total AUM
₹ 5,61,218.80 Cr
Contact Details
27 BKC, C-27, G Block, Bandra KurlaComplex, Bandra(E),Mumbai - 400 051.
Contact Details
27 BKC, C-27, G Block, Bandra KurlaComplex, Bandra(E),Mumbai - 400 051.
FAQs
When was Kotak Nifty Bank Index Fund launched?
What is the current NAV of Kotak Nifty Bank Index Fund?
What is the AUM of Kotak Nifty Bank Index Fund?
What is the rate of return of Kotak Nifty Bank Index Fund?
- In the past 1Y: 0.00%
- In the past 3Y: 0.00%
- In the past 5Y: 0.00%
What is the expense ratio of Kotak Nifty Bank Index Fund?
What is exit load of Kotak Nifty Bank Index Fund?
What is the portfolio of Kotak Nifty Bank Index Fund?
No data to show right now!
Top 3 sectoral holdings include:
How risky is investing in Kotak Nifty Bank Index Fund?
Who is the fund manager Kotak Nifty Bank Index Fund?
What is the minimum investment required in Kotak Nifty Bank Index Fund?
How to invest in Kotak Nifty Bank Index Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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