Kotak Nifty India Tourism Index Fund Direct Growth

Kotak Nifty India Tourism Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 11-10-2024

₹ 9.58

0.4%

1D

Inception Returns

-4.2%

/yr

About the Fund

Kotak Nifty India Tourism Index Fund Direct Growth is an equity fund. This fund was started on 2 September, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Kotak Nifty India Tourism Index Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Kotak Nifty India Tourism Index Fund Direct Growth has given a CAGR return of -4.17% since inception.

Holdings

Kotak Nifty India Tourism Index Fund Direct Growth has allocated its funds majorly in . Its top holdings are

Taxation

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Kotak Nifty India Tourism Index Fund Direct Growth

The investment objective of the scheme is to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Nifty India Tourism Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
473 people have invested ₹ 44.4L in Kotak Nifty India Tourism Index Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.33%
Benchmark
Nifty India Tourism Index INR
AUM₹0 Cr
Inception Date2 September, 2024
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk
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Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.66L Cr
as on 31-Aug-2024
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com

Kotak Nifty India Tourism Index Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Expense Ratio 0.33%

Expense Ratio 0.33%

This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.5%

Frequently Asked Questions

The current NAV of Kotak Nifty India Tourism Index Fund Direct Growth is ₹9.58 as on 11-Oct-2024.
Existing (Absolute + CAGR) as on 11-Oct-2024.
Kotak Nifty India Tourism Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-4.17%
-4.17%
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.
0.33% as on September 2024
The alpha ratio for the Kotak Nifty India Tourism Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Kotak Nifty India Tourism Index Fund Direct Growth
-
-
-
As on September 2024
The alpha for Kotak Nifty India Tourism Index Fund Direct Growth is calculated against Nifty India Tourism Index 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 India Tourism Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Kotak Nifty India Tourism Index Fund Direct Growth
-
-
-
As on September 2024
The Beta for Kotak Nifty India Tourism Index Fund Direct Growth is calculated with Nifty India Tourism Index 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 India Tourism 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 India Tourism Index Fund Direct Growth
-
-
-
As on September 2024
The sharpe ratio for Kotak Nifty India Tourism Index Fund Direct Growth is calculated with Nifty India Tourism Index 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 India Tourism 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 India Tourism Index Fund Direct Growth
-
-
-
As on September 2024
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.
The Exit load of Kotak Nifty India Tourism Index Fund Direct Growth is 0%