Kotak Nifty 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 12.6 as on 04-10-2023
Fund Performance
3843 people have invested ₹ 1.1Cr in Kotak Nifty 50 Index Fund Direct Growth in the last three months
Fund Insights
Over the last 6 months, this fund has experienced a 33.2% growth in AUM moving from 260.25 Cr to 346.58 Cr.
Over the last 1 month, this fund has increased expense ratio by 16.7% moving from 0.18 to 0.21.
This fund expense ratio is slightly on the lower side within the category (index funds). Its expense ratio is 0.21% which is lower than the category average expense ratio of 0.31%.
In the last 1 year, UTI S&P BSE Low Volatility Index Fund Direct Growth has given 21.21% return, outperforming this fund by 4.77%.
INDmoney Rank
Powered by IND quant engine
11
/15
50% Performance
42% Cost
11 out of 15 among Index-Nifty-50
Pros
Low tracking error in the category
Cons
No bad points found for this fund.
About the Fund
Kotak Nifty 50 Index Fund Direct Growth is an equity fund. This fund was started on 21 June, 2021. The fund is managed by Abhishek Bisen, Devender Singhal. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Nifty 50 Index Fund Direct Growth has ₹347 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.2.
Kotak Nifty 50 Index Fund Direct Growth Overview
 | 0.21% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹347 Cr |
 | 21 June, 2021 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 15.94% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
99.6%
Sector Allocation
Financial Services
37%
Tech
13.7%
Energy
12.2%
Consumer Defensive
9.3%
Consumer Cyclical
7.6%
Basic Materials
6.8%
Industrial
4.6%
Health
4.1%
Communication
2.5%
Utilities
2.2%
Top Holdings of Kotak Nifty 50 Index Fund Direct Growth as on (30-Sep-23)
Equity Holdings51
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 13.72% | 78.5% | |
 Reliance Industries Ltd | 9.52% | 5.7% | |
 ICICI Bank Ltd | 7.85% | 5.7% | |
 Infosys Ltd | 5.99% | 5.7% | |
 ITC Ltd | 4.54% | 5.7% |
See all
Kotak Nifty 50 Index Fund Direct Growth: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at -2.31% whereas the fund’s underlying benchmark Nifty 50 returns stands at -2.43% as on Aug'23
- This fund outperformed Nifty 50 by 0.12% in Aug'23
AUM Change
- AUM of the fund stands at 346.6 Cr as of Aug'23
- AUM increased by 10.3 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Kotak Nifty 50 Index Fund Direct Growth portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Mahindra & Mahindra Ltd | 5.5% |
 Infosys Ltd | 5.1% |
 Larsen & Toubro Ltd | 1.4% |
Top Losers | 1M Return |
|---|---|
 HDFC Bank Ltd | -5.5% |
 Reliance Industries Ltd | -4.2% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
Kotak Nifty 50 Index Fund Direct Growth Fund Manager
Abhishek Bisen
Fund Manager of Kotak Nifty 50 Index Fund Direct Growth, since 21 June 2021
Top funds managed
Devender Singhal
Fund Manager of Kotak Nifty 50 Index Fund Direct Growth, since 21 June 2021
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 10.82% since inception which is less than its category average return of 14.22%
Fund Allocations
This fund has an allocation of 99.65% in Equity, 0% in Debt and 0.35% in Cash related instruments
AUM size ₹347 Cr
This fund has AUM of ₹347 Cr which is less than its category average of ₹ 554 Cr
Expense Ratio 0.21%
This fund has an expense ratio of 0.21% which is less than its category average expense ratio of 0.54%
Frequently Asked Questions
The current NAV of Kotak Nifty 50 Index Fund Direct Growth is ₹12.58 as on 04-Oct-2023.
Existing (Absolute + CAGR) as on 04-Oct-2023.
Kotak Nifty 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.47% | 0.47% |
6 Month Returns | 12.91% | 12.91% |
1 Year Returns | 16.44% | 16.44% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.21% as on September 2023
₹347 Cr as on September 2023
HDFC Bank Ltd(13.72%), Reliance Industries Ltd(9.52%), ICICI Bank Ltd(7.85%), Infosys Ltd(5.99%), ITC Ltd(4.54%) as on September 2023
Financial Services(36.87%), Tech(13.61%), Energy(12.18%) as on September 2023
The alpha ratio for the Kotak Nifty 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Nifty 50 Index Fund Direct Growth | -0.33 | - | - |
As on September 2023
The alpha for Kotak Nifty 50 Index Fund Direct Growth is calculated against IISL Nifty 50 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Kotak Nifty 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Nifty 50 Index Fund Direct Growth | 1 | - | - |
As on September 2023
The Beta for Kotak Nifty 50 Index Fund Direct Growth is calculated with IISL Nifty 50 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Kotak Nifty 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Nifty 50 Index Fund Direct Growth | 0.8 | - | - |
As on September 2023
The sharpe ratio for Kotak Nifty 50 Index Fund Direct Growth is calculated with IISL Nifty 50 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Kotak Nifty 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Nifty 50 Index Fund Direct Growth | 10.78 | - | - |
As on September 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Abhishek Bisen, Devender Singhal are the fund managers of Kotak Nifty 50 Index Fund Direct Growth
The Exit load of Kotak Nifty 50 Index Fund Direct Growth is 0%