| KOTAK NIFTY PSU BANK ETF
An open-ended scheme replicating/ tracking nifty PSU bank index
• NSE Symbol - PSUBANK
• BSE Scrip Code - 590107
An open-ended scheme replicating/ tracking nifty PSU bank index
• NSE Symbol - PSUBANK
• BSE Scrip Code - 590107
| KOTAK NIFTY PSU BANK ETF
An open-ended scheme replicating/ tracking nifty PSU bank index
•NSE Symbol - PSUBANK
• BSE Scrip Code - 590107
An open-ended scheme replicating/ tracking nifty PSU bank index
•NSE Symbol - PSUBANK
• BSE Scrip Code - 590107
 
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Investment Objective
The investment objective of the scheme is to provide returns that closely correspond to the total returns of Nifty PSU Bank Index, subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
The investment objective of the scheme is to provide returns that closely correspond to the total returns of Nifty PSU Bank Index, subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
| Issuer/Instrument | Rating | % to Net Assets |
|---|---|---|
| Equity & Equity Related |
||
| State Bank Of India | Banks | 33.56 |
| Bank Of Baroda | Banks | 15.71 |
| Canara Bank | Banks | 12.63 |
| Punjab National Bank | Banks | 11.94 |
| Union Bank Of India | Banks | 7.99 |
| Indian Bank | Banks | 6.85 |
| Bank of India | Banks | 4.99 |
| Bank Of Maharashtra | Banks | 2.14 |
| Indian Overseas Bank | Banks | 1.58 |
| Central Bank Of India | Banks | 1.28 |
| UCO Bank | Banks | 1.05 |
| Punjab & Sind Bank | Banks | 0.28 |
| Equity & Equity related - Total | 100 | |
| Triparty Repo | 0.01 | |
| Net Current Assets/(Liabilities) | -0.01 | |
| Grand Total | 100.00 | |
Net Asset Value (NAV)
| Rs697.6857 |
Available Plans/Options
The Scheme does not offer any Plans/Options for investment.
| Fund Manager* | Mr. Devender Singhal & Mr. Satish Dondapati |
| Benchmark | Nifty PSU Bank TRI |
| Allotment date | November 8, 2007 |
| AAUM | Rs1,370.67 crs |
| AUM | Rs1,453.08 crs |
| Folio count | 15,641 |
Ratios
| Portfolio Turnover | 81.15% |
| Tracking Error: | 0.13% |
Minimum Investment Amount
Through Exchange:1 Unit,
Through AMC: 10000 Units and in multiple thereof.
Greater than Rs. 25 Crore- For Large Investors***
Ideal Investments Horizon
• 5 years & above
Load Structure
Entry Load:
Nil.
Exit Load:
Nil
Total Expense Ratio**
| 0.49% |
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 growth
- Investment in stocks comprising the underlying index and endeavours to track the benchmark index, subject to tracking errors.
* 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.
***Not applicable to Recognised Provident Funds, approved gratuity funds and approved superannuation funds under Income tax act, 1961, Schemes managed by
Employee Provident Fund Organisation, India and Market Makers' as per para 3.6.2.1 and 3.6.2.2 of SEBI Master Circular no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90
dated June 27, 2024 and as amended from time to time and SEBI letter no. SEBI/HO/IMD- POD-2/P/OW/2024/15311/1 dated April 26, 2024.
**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'Our Fund Managers'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'Scheme Performances'
**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'Our Fund Managers'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'Scheme Performances'