NAV on (30 Apr 2026 )
₹16.05 ▼
(-0.86%)
Fund Size
₹85.18 Crores
1Y Returns
13.35 %
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.
Kotak Mahindra Asset Management Company Ltd.
Launch Date
July 24, 2023
Fund Manager
Mr. Jeetu Valechha Sonar
Initial Price
10
AUM Fund
85.18 Cr
Min investment
Rs 100
Expense Ratio
0.22%
Monthly - Rs. 100/- and multiple of Re. 1/- thereafter. Minimum 10 installments.Quarterly - Rs. 100/- and multiple of Re. 1/- thereafter. Minimum 10 installments.
Nil
1 Month
+14.24%
6 Months
-1.97%
1 Year
+13.35%
2 Years (CAGR)
+14.33%
3 Years (CAGR)
NA
5 Years (CAGR)
NA
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 150.36% | 214.87% | ₹14511.43 | |
| 150.35% | 0.00% | ₹5197.1 | |
| 149.74% | 214.00% | ₹3319.12 | |
| 149.51% | 0.00% | ₹968.66 | |
| 149.46% | 211.77% | ₹1853.24 |
Q: What is the current NAV of Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW?
A: The latest NAV of Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW is ₹ 16.05 as on 30 Apr 2026.
Q: What type of mutual fund is Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW?
A: Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW is a 'Equity - Others' type mutual fund managed by 'Kotak Mahindra Asset Management Company Ltd.'.
Q: What is the expense ratio of Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW?
A: The expense ratio of Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW is 0.22%, which impacts overall returns.
Q: Who manages Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW?
A: Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW is managed by Mr. Jeetu Valechha Sonar, who oversees investment strategy and portfolio decisions.
Q: Is Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW a good investment?
A: Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW?
A: The exit load of Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW is Nil, applicable if redeemed within the specified period.
Q: How is Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
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