| KOTAK NIFTY FINANCIAL SERVICES EX-BANK INDEX FUND
An open-ended scheme replicating/ tracking Nifty Financial Services Ex-Bank Index.
An open-ended scheme replicating/ tracking Nifty Financial Services Ex-Bank Index.
| KOTAK NIFTY FINANCIAL SERVICES EX-BANK INDEX FUND
An open-ended scheme replicating/ tracking Nifty Financial Services Ex-Bank Index.
An open-ended scheme replicating/ tracking Nifty Financial Services Ex-Bank Index.
 
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Investment Objective
The investment objective of the scheme is
to replicate the composition of the Nifty
Financial Services Ex-Bank Index and to
generate returns that are commensurate
with the performance of the Nifty Financial
Services Ex-Bank Index, subject to tracking
errors.
However, there is no assurance that the objective of the scheme will be realized. The scheme does not assure or guarantee any returns.
However, there is no assurance that the objective of the scheme will be realized. The scheme does not assure or guarantee any returns.
The investment objective of the scheme is
to replicate the composition of the Nifty
Financial Services Ex-Bank Index and to
generate returns that are commensurate
with the performance of the Nifty Financial
Services Ex-Bank Index, subject to tracking
errors.
However, there is no assurance that the objective of the scheme will be realized. The scheme does not assure or guarantee any returns.
However, there is no assurance that the objective of the scheme will be realized. The scheme does not assure or guarantee any returns.
| Issuer/Instrument | |
% to Net Assets |
|---|---|---|
| Equity & Equity Related | ||
| Finance | 66.61 | |
| Bajaj Finance Ltd. | 14.14 | |
| Jio Financial Services Ltd | 7.49 | |
| Bajaj Finserv Ltd. | 6.82 | |
| Shriram Finance Ltd. | 6.28 | |
| Power Finance Corporation Ltd. | 5.62 | |
| Rural Electrification Corporation Ltd | 5.41 | |
| Cholamandalam Investment and Finance Company Ltd. | 4.31 | |
| Bajaj Holdings and Investment Ltd. | 3.08 | |
| Sundaram Finance Ltd. | 2.41 | |
| Muthoot Finance Ltd | 1.50 | |
| SBI Cards & Payment Services Pvt. Ltd. | 1.50 | |
| LIC Housing Finance Ltd. | 1.44 | |
| Mahindra & Mahindra Financial Services Ltd. | 1.31 | |
| Aditya Birla Capital Ltd. | 1.09 | |
| IDFC Limited | 1.05 | |
| L&T FINANCE HOLDINGS LTD | 0.95 | |
| Piramal Enterprises Limited | 0.88 | |
| Manappuram Finance Ltd | 0.82 | |
| CAN FIN HOMES LTD | 0.51 | |
| Insurance | 18.95 | |
| SBI Life Insurance Company Ltd | 5.88 | |
| HDFC Life Insurance Company Ltd. | 5.49 | |
| ICICI Lombard General Insurance Company Ltd | 3.65 | |
| ICICI Prudential Life Insurance Company Ltd | 2.07 | |
| Max Financial Services Ltd. | 1.86 | |
| Capital Markets | 8.78 | |
| HDFC Asset Management Company Ltd. | 3.13 | |
| BSE Ltd. | 2.70 | |
| Multi Commodity Exchange of India Limited | 1.86 | |
| Indian Energy Exchange Ltd | 1.09 | |
| Financial Technology (Fintech) | 5.18 | |
| PB Fintech Ltd. | 3.76 | |
| One 97 Communications Ltd. | 1.42 | |
| Equity & Equity related - Total | 99.52 | |
| Net Current Assets/(Liabilities) | 0.48 | |
| Grand Total | 100.00 | |
Net Asset Value (NAV)
| Regular | Direct | |
| Growth | Rs13.8752 | Rs13.9619 |
| IDCW | Rs13.8755 | Rs13.9621 |
Available Plans/Options
A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of
IDCW & Growth (applicable for all plans)
| Fund Manager* | Mr. Devender Singhal, Mr. Satish Dondapati & Mr. Abhishek Bisen |
| Benchmark | Nifty Financial Services Ex-Bank Index (Total Return Index) |
| Allotment date | August 14, 2023 |
| AAUM | Rs22.24 crs |
| AUM | Rs24.46 crs |
| Folio count | 4,657 |
Ratios
| Portfolio Turnover | 83.05% |
| Tracking Error | 0.63% |
Minimum Investment Amount
Initial & Additional Investment
• Rs100 and any amount thereafter
Systematic Investment Plan (SIP)
• Rs 100 and any amount thereafter
Ideal Investments Horizon
• 1 year & above
IDCW Frequency
Trustee's Discretion
Load Structure
Entry Load:
NIL. (applicable for all plans)
Exit Load:
NIL. (applicable for all plans)
Total Expense Ratio**
| Regular Plan: | 0.73% |
| Direct Plan: | 0.23% |
Data as on 31st August, 2024 unless
otherwise specified.
Folio count data as on 31st July 2024.
Folio count data as on 31st July 2024.
Fund
Benchmark
This product is suitable for investors who are seeking*:
- Long term capital appreciation
- Investment in stocks comprising the underlying index and endeavours to track the benchmark index
* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
The above risk-o—meter is based on the scheme portfolio as on 31st July, 2024. An addendum may be issued or updated on the website for new riskometer.
*For Fund Manager experience, please refer 'Our Fund Managers'
Total Expense Ratio includes applicable B30 fee and GST