Kotak Nifty Next 50 Index Fund Direct Growth

Kotak Nifty Next 50 Index Fund Direct Growth

NAV as on 09-05-2025

₹ 18.15

-0.4%

1D

Inception Returns

15.4%

/yr

Historical NAV & Returns

Absolute
zero opening, trading, fund transfer fee
35353 people have invested ₹ 7.5Cr in Kotak Nifty Next 50 Index Fund Direct Growth in the last three months

About Kotak Nifty Next 50 Index Fund Direct Growth

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 Satish Dondapati, Devender Singhal. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Kotak Nifty Next 50 Index Fund Direct Growth has ₹560 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

Kotak Nifty Next 50 Index Fund Direct Growth has given a CAGR return of 15.39% since inception. Over the last 1 and 3 years the fund has given a CAGR return of -0.85% and 17.05% respectively.

Holdings

Kotak Nifty Next 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Defensive, Utilities, Basic Materials, Consumer Cyclical, Health, Energy, Real Estate, Communication, Tech. Its top holdings are InterGlobe Aviation Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Vedanta Ltd, Divi's Laboratories Ltd, Varun Beverages Ltd

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Kotak Nifty Next 50 Index Fund Direct Growth

The investment objective of the scheme is to replicate the composition of the Nifty Next 50 and to generate returns that are commensurate with the performance of the NIFTY Next 50 Index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be realized

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Nifty Next 50 Index Fund Direct Growth has no lock in period.

Kotak Nifty Next 50 Index Fund Direct Growth Overview

Expense ratio0.1%
Benchmark
Nifty Next 50 TR INR
AUM₹560 Cr
Inception Date10 March, 2021
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
38.31%
STCGSelling mutual fund 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

INDmoney Rank for Kotak Nifty Next 50 Index Fund Direct Growth

Powered by IND quant engine
1
/12
54% Performance
100% Cost
1 out of 12 among Index-Nifty-Next-50
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3Y returns in the top 25% of the category
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No bad points found for this fund.

Fund Distribution

as on (31-Mar-25)

  • Equity 100%

Large cap
90.2%

Mid cap
9.9%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Sep'24

Financial Services
20.6%
Industrial
15.2%
Consumer Defensive
14.4%
Utilities
11%
Basic Materials
10.6%
Consumer Cyclical
9.9%
Health
5.9%
Energy
4.6%
Real Estate
3.5%
Communication
2.5%
Tech
1.9%
All changes are between Jan'25 and Mar'25
Mar'25
Feb'25
Jan'25
Fund Returns
10.37%
-9.49%
-7.15%
Nifty Next 50
6.33%
-5.78%
-0.99%
  • This fund’s returns stands at 10.37% whereas the fund’s underlying benchmark Nifty Next 50 returns stands at 6.33% as on Mar'25
  • This fund outperformed Nifty Next 50 by 4.04% in Mar'25
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 559.7 Cr
₹ 436.5 Cr
₹ 423.2 Cr
  • AUM of the fund stands at 559.7 Cr as of Mar'25
  • AUM increased by 123.2 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Varun Beverages Ltd's allocation increased from 1.02% to 3.28%
Varun Beverages Ltd's allocation increased from 1.02% to 3.28%
Godrej Consumer Products Ltd's allocation increased from 1.86% to 2.52%
Godrej Consumer Products Ltd's allocation increased from 1.86% to 2.52%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 2.97% to 3.6%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 2.97% to 3.6%
Top Stocks sold last month
Divi's Laboratories Ltd's allocation decreased from 3.42 % to 3.33 %
Divi's Laboratories Ltd's allocation decreased from 3.42 % to 3.33 %
Info Edge (India) Ltd's allocation decreased from 2.69 % to 2.53 %
Info Edge (India) Ltd's allocation decreased from 2.69 % to 2.53 %
Bajaj Holdings and Investment Ltd's allocation decreased from 2.46 % to 2.45 %
Bajaj Holdings and Investment Ltd's allocation decreased from 2.46 % to 2.45 %
Large Cap allocation has gone up from 88.9% to 90.2%
Large Cap allocation has gone up from 88.9% to 90.2%
Mid Cap allocation has gone down from 11.8% to 9.9%
Mid Cap allocation has gone down from 11.8% to 9.9%
Cash allocation has gone up from -0.7% to -0%
Cash allocation has gone up from -0.7% to -0%

Top 3 Sectors in March were Financial Services, Industrial & Consumer Cyclical

Mar'25
Financial Services
21%
Industrial
15%
Consumer Defensive
14%
Feb'25
Financial Services
24%
Industrial
14%
Consumer Cyclical
13%
  • Equity

Holdings
Weight%
1M Change
InterGlobe Aviation Ltd
InterGlobe Aviation Ltd
4.55%
18.2%
Hindustan Aeronautics Ltd Ordinary Shares
Hindustan Aeronautics Ltd Ordinary Shares
3.6%
18.2%
Vedanta Ltd
Vedanta Ltd
3.57%
18.3%
Divi's Laboratories Ltd
Divi's Laboratories Ltd
3.33%
18.2%
Varun Beverages Ltd
Varun Beverages Ltd
3.28%
18.4%
Indian Hotels Co Ltd
Indian Hotels Co Ltd
3.14%
0%
Cholamandalam Investment and Finance Co Ltd
Cholamandalam Investment and Finance Co Ltd
2.9%
19.1%
Tata Power Co Ltd
Tata Power Co Ltd
2.86%
17.6%
Power Finance Corp Ltd
Power Finance Corp Ltd
2.74%
18.3%
Avenue Supermarts Ltd
Avenue Supermarts Ltd
2.72%
17.5%
Britannia Industries Ltd
Britannia Industries Ltd
2.64%
0%
TVS Motor Co Ltd
TVS Motor Co Ltd
2.58%
18.4%
Info Edge (India) Ltd
Info Edge (India) Ltd
2.53%
17.3%
Godrej Consumer Products Ltd
Godrej Consumer Products Ltd
2.52%
50.4%
Bharat Petroleum Corp Ltd
Bharat Petroleum Corp Ltd
2.45%
0%
Bajaj Holdings and Investment Ltd
Bajaj Holdings and Investment Ltd
2.45%
18.3%
REC Ltd
REC Ltd
2.43%
18.3%
GAIL (India) Ltd
GAIL (India) Ltd
2.24%
18%
Indian Oil Corp Ltd
Indian Oil Corp Ltd
2.16%
17.9%
Siemens Ltd
Siemens Ltd
2.12%
18.4%
Pidilite Industries Ltd
Pidilite Industries Ltd
1.99%
18.3%
DLF Ltd
DLF Ltd
1.98%
18.3%
ICICI Lombard General Insurance Co Ltd
ICICI Lombard General Insurance Co Ltd
1.95%
18.4%
Bank of Baroda
Bank of Baroda
1.92%
17.5%
United Spirits Ltd
United Spirits Ltd
1.88%
18.3%
LTIMindtree Ltd
LTIMindtree Ltd
1.88%
18%
CG Power & Industrial Solutions Ltd
CG Power & Industrial Solutions Ltd
1.85%
0%
Shree Cement Ltd
Shree Cement Ltd
1.85%
17.6%
Adani Power Ltd
Adani Power Ltd
1.82%
18.4%
Samvardhana Motherson International Ltd
Samvardhana Motherson International Ltd
1.75%
18.2%
Havells India Ltd
Havells India Ltd
1.75%
18%
Ambuja Cements Ltd
Ambuja Cements Ltd
1.63%
17.3%
Jindal Steel & Power Ltd
Jindal Steel & Power Ltd
1.57%
18.4%
Torrent Pharmaceuticals Ltd
Torrent Pharmaceuticals Ltd
1.53%
31.6%
Macrotech Developers Ltd
Macrotech Developers Ltd
1.52%
18.6%
Punjab National Bank
Punjab National Bank
1.5%
18.3%
Adani Energy Solutions Ltd
Adani Energy Solutions Ltd
1.43%
18.3%
Canara Bank
Canara Bank
1.36%
18.3%
Dabur India Ltd
Dabur India Ltd
1.35%
18%
ABB India Ltd
ABB India Ltd
1.32%
18.4%
Adani Green Energy Ltd
Adani Green Energy Ltd
1.32%
18.4%
JSW Energy Ltd
JSW Energy Ltd
1.3%
18.4%
Bosch Ltd
Bosch Ltd
1.12%
18.3%
Indian Railway Finance Corp Ltd Ordinary Shares
Indian Railway Finance Corp Ltd Ordinary Shares
1.01%
18.3%
ICICI Prudential Life Insurance Co Ltd
ICICI Prudential Life Insurance Co Ltd
1%
18.5%
Zydus Lifesciences Ltd
Zydus Lifesciences Ltd
1%
18.1%
Hyundai Motor India Ltd
Hyundai Motor India Ltd
0.94%
0%
Life Insurance Corporation of India
Life Insurance Corporation of India
0.8%
18.3%
Bajaj Housing Finance Ltd
Bajaj Housing Finance Ltd
0.52%
0%
Swiggy Ltd
Swiggy Ltd
0.4%
0%
  • Returns %

  • Fund Ratios

  • Overview

  • Gainers

  • Losers

Fund
Mar'25
Feb'25
Jan'25
No of Holdings
52
52
52
Top 5 Company Concentration
18.3%
22%
21.1%
Company having highest exposure
InterGlobe Aviation Ltd (4.6%)
Zomato Ltd (7.6%)
Zomato Ltd (6.9%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
71.7%
73.6%
73.9%
Sector having highest exposure
Financial Services (20.6%)
Financial Services (23.9%)
Financial Services (24%)
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Satish Dondapati
Satish Dondapati
Fund Manager of Kotak Nifty Next 50 Index Fund Direct Growth, since 10 March 2021
Devender Singhal
Devender Singhal
Fund Manager of Kotak Nifty Next 50 Index Fund Direct Growth, since 10 March 2021
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.57L Cr
as on 31-Mar-2025
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 Next 50 Index Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 15.39% since inception which is more than its category average return of 7.81%
Fund Allocations

Fund Allocations

This fund has an allocation of 100.05% in Equity, 0% in Debt and -0.05% in Cash related instruments
AUM size ₹560 Cr

AUM size ₹560 Cr

This fund has AUM of ₹560 Cr which is less than its category average of ₹ 757 Cr
Expense Ratio 0.1%

Expense Ratio 0.1%

This fund has an expense ratio of 0.1% which is less than its category average expense ratio of 0.55%

Frequently Asked Questions for Kotak Nifty Next 50 Index Fund Direct Growth

The current NAV of Kotak Nifty Next 50 Index Fund Direct Growth is ₹18.15 as on 09-May-2025.
Existing (Absolute + CAGR) as on 09-May-2025.
Kotak Nifty Next 50 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.07%
3.07%
6 Month Returns
-10.11%
-10.11%
1 Year Returns
-0.85%
-0.85%
3 Years Returns
60.35%
17.05%
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0.1% as on April 2025
₹560 Cr as on April 2025
InterGlobe Aviation Ltd(4.55%), Hindustan Aeronautics Ltd Ordinary Shares(3.6%), Vedanta Ltd(3.57%), Divi's Laboratories Ltd(3.33%), Varun Beverages Ltd(3.28%) as on April 2025
Financial Services(20.58%), Industrial(15.19%), Consumer Defensive(14.4%) as on April 2025
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
-0.3
-0.15
-
As on April 2025
The alpha for Kotak Nifty Next 50 Index Fund Direct Growth is calculated against 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
0.99
-
As on April 2025
The Beta for Kotak Nifty Next 50 Index Fund Direct Growth is calculated with 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
-0.21
0.5
-
As on April 2025
The sharpe ratio for Kotak Nifty Next 50 Index Fund Direct Growth is calculated with 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
21.77
20.24
-
As on April 2025
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.
Sortino ratio is 0.76 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Satish Dondapati, Devender Singhal 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%