Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl
Equity
Direct
Index Funds
NAV: ₹ 10.5 as on 21-09-2023
Fund Performance
5 people have invested ₹ 1.1L in Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months
About the Fund
Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 14 August, 2023. The fund is managed by Devender Singhal, Abhishek Bisen. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl has ₹8 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 Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl Overview
 | 0.23% |
 Benchmark | Nifty Fin Ser Ex-Bank TR |
 | ₹8 Cr |
 | 14 August, 2023 |
 | ₹0/₹0 |
 | 0% |
 | No Lock-in |
 TurnOver | 0% |
Fund Distribution as on (31-Aug-23)
Sector Allocation
Financial Services
98.2%
Tech
1.8%
Top Holdings of Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl as on (31-Aug-23)
Equity Holdings30
Gainers & Losers in Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl portfolio Returns for the month of Dec
Peer Analysis
Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl Fund Manager
Devender Singhal
Fund Manager of Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl, since 14 August 2023
Top funds managed
Abhishek Bisen
Fund Manager of Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl, since 14 August 2023
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 returns of 6% since inception (14nd Aug 2023)
Fund Allocations
This fund has an allocation of 99.64% in Equity, 0% in Debt and 0.36% in Cash related instruments
AUM size ₹8 Cr
This fund has AUM of ₹8 Cr which is less than its category average of ₹ 560 Cr
Expense Ratio 0.23%
This fund has an expense ratio of 0.23% which is less than its category average expense ratio of 0.54%
Frequently Asked Questions
The current NAV of Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl is ₹10.52 as on 21-Sep-2023.
Existing (Absolute + CAGR) as on 21-Sep-2023.
Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 6% | 6% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
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.
0.23% as on August 2023
₹8 Cr as on August 2023
Bajaj Finance Ltd(20.66%), Bajaj Finserv Ltd(8.72%), HDFC Life Insurance Company Limited(7.5%), SBI Life Insurance Company Limited(6.3%), Shriram Finance Ltd(5.55%) as on August 2023
The alpha ratio for the Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on August 2023
The alpha for Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against Nifty Fin Ser Ex-Bank TR. 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 Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on August 2023
The Beta for Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with Nifty Fin Ser Ex-Bank TR. 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 Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on August 2023
The sharpe ratio for Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with Nifty Fin Ser Ex-Bank TR. 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 Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on August 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.
Devender Singhal, Abhishek Bisen are the fund managers of Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of Kotak Nifty Financial Services Ex-Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl is 0%