Kotak Nifty Next 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 10.8 as on 27-03-2023
Fund Performance
242 people have invested ₹ 1.1Cr in mutual fund in the last three months
Fund Insights
In the last 1 year, Kotak Nifty Next 50 Index Fund Direct Growth has outperformed all funds in its category
Kotak Nifty Next 50 Index Fund Direct Growth has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.31% which is lower than the category average expense ratio of 0.52%
INDmoney Rank
Powered by IND quant engine
4
/9
52% Performance
33% Cost
4 out of 9 among Index-Nifty-Next-50
About the Fund
Kotak Nifty Next 50 Index Fund Direct Growth is an equity fund. This fund was started on 10 March, 2021. The fund is managed by Devender Singhal, Satish Dondapati. The fund could potentially beat inflation in the long-run.
Key parameters
1) Kotak Nifty Next 50 Index Fund Direct Growth has a NAV of ₹10.7726 as on 27-03-2023.
2) Kotak Nifty Next 50 Index Fund Direct Growth has ₹93 Cr worth of assets under management (AUM) as on 31-01-2023 and is less than category average.
3) The fund has an expense ratio 0.31 %.
Kotak Nifty Next 50 Index Fund Direct Growth Overview
 | 0.31% |
 Benchmark | IISL Nifty Next 50 TR INR |
 | ₹93 Cr |
 | 10 March, 2021 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 69.53% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
88.6%
Mid cap
11.2%
Sector Allocation
Basic Materials
20.5%
Financial Services
18.2%
Consumer Defensive
15.6%
Industrial
15%
Utilities
8.4%
Tech
6.1%
Consumer Cyclical
4.6%
Communication
4%
Energy
2.8%
Health
2.6%
Real Estate
2.1%
Top Holdings of Kotak Nifty Next 50 Index Fund Direct Growth as on (28-Feb-23)
Equity Holdings50
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 LTIMindtree Ltd | 4.23% | 0% | |
 Pidilite Industries Ltd | 3.43% | 0% | |
 Godrej Consumer Products Ltd | 3.41% | 0% | |
 Shree Cement Ltd | 3.4% | 0% | |
 Tata Power Co Ltd | 3.35% | 0% |
See all
Kotak Nifty Next 50 Index Fund Direct Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -4.91% whereas the fund’s underlying benchmark Nifty Next 50 returns stands at -1.77% as on Feb'23
- This fund underperformed Nifty Next 50 by 3.14% in Feb'23
AUM Change
- AUM of the fund stands at 92.6 Cr as of Feb'23
- AUM decreased by 5.2 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Vedanta Ltd's allocation increased from 2.97% to 3.43%
Indian Oil Corp Ltd's allocation increased from 2.51% to 2.88%
Havells India Ltd's allocation increased from 2.38% to 2.74%
Top Stocks sold last month
Pidilite Industries Ltd's allocation decreased from 3.35 % to 3.22 %
Bank of Baroda's allocation decreased from 2.98 % to 2.89 %
Ambuja Cements Ltd's allocation decreased from 3.32 % to 2.73 %
Mid Cap allocation has gone up from 11% to 11.2%
Large Cap allocation has gone up from 88.5% to 88.6%
Cash allocation has gone down from 0.5% to 0.2%
Top 3 Sectors in February were Basic Materials, Financial Services & Consumer Defensive
Feb'23
Basic Materials
21%
Financial Services
18%
Consumer Defensive
16%
Jan'23
Basic Materials
20%
Financial Services
18%
Consumer Defensive
15%
Gainers & Losers in Kotak Nifty Next 50 Index Fund Direct Growth portfolio as on (28-Feb-23)
Top Growth Drivers | 1M Return |
|---|---|
 Siemens Ltd | 10.2% |
 Shree Cement Ltd | 9.1% |
 LTI Mindtree Ltd | 7.6% |
Top Losers | 1M Return |
|---|---|
 Adani Total Gas Ltd | -64.2% |
 Adani Transmission Ltd | -62.7% |
 Vedanta Ltd | -18.2% |
Peer Analysis
Kotak Nifty Next 50 Index Fund Direct Growth Fund Manager
Devender Singhal
Fund Manager of Kotak Nifty Next 50 Index Fund Direct Growth, since 10 March 2021
Top funds managed
Satish Dondapati
Fund Manager of Kotak Nifty Next 50 Index Fund Direct Growth, since 10 March 2021
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 3.71% since inception which is more than its category average return of 3.45%
Fund Allocations
This fund has an allocation of 99.76% in Equity, 0% in Debt and 0.24% in Cash related instruments
AUM size ₹93 Cr
This fund has AUM of ₹93 Cr which is less than its category average of ₹ 471 Cr
Expense Ratio 0.31%
This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.55%
Frequently Asked Questions
The current NAV of Kotak Nifty Next 50 Index Fund Direct Growth is 10.77 as on 27-Mar-2023.
Existing (Absolute + CAGR)
Kotak Nifty Next 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.5% | 0.5% |
6 Month Returns | -11.44% | -11.44% |
1 Year Returns | -7.44% | -7.44% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
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- 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.
0.31 as on February 2023
93 Cr as on February 2023
LTIMindtree Ltd(4.23%),Pidilite Industries Ltd(3.43%),Godrej Consumer Products Ltd(3.41%),Shree Cement Ltd(3.4%),Tata Power Co Ltd(3.35%) as on February 2023
Basic Materials(20.46%),Financial Services(18.17%),Consumer Defensive(15.55%) as on February 2023
The alpha ratio for the Kotak Nifty Next 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Nifty Next 50 Index Fund Direct Growth | 0.13 | - | - |
As on February 2023
The alpha for Kotak Nifty Next 50 Index Fund Direct Growth is calculated against IISL Nifty Next 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 Next 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Nifty Next 50 Index Fund Direct Growth | 0.99 | - | - |
As on February 2023
The Beta for Kotak Nifty Next 50 Index Fund Direct Growth is calculated with IISL Nifty Next 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 Next 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 Next 50 Index Fund Direct Growth | -0.43 | - | - |
As on February 2023
The sharpe ratio for Kotak Nifty Next 50 Index Fund Direct Growth is calculated with IISL Nifty Next 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 Next 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 Next 50 Index Fund Direct Growth | 21.47 | - | - |
As on February 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,Satish Dondapati are the fund managers of Kotak Nifty Next 50 Index Fund Direct Growth
The Exit load of Kotak Nifty Next 50 Index Fund Direct Growth is 0%