Kotak Nifty Next 50 Index Fund Direct Growth
NAV as on 09-05-2025
₹ 18.15
1D
Inception Returns
15.4%
/yr
Historical NAV & Returns
Absolute
▲
▼
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
- 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.
- 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 benefitDividends 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 ratio | 0.1% |
Benchmark | Nifty Next 50 TR INR |
| AUM | ₹560 Cr |
| Inception Date | 10 March, 2021 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 38.31% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   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
3Y returns in the top 25% of the category
No bad points found for this fund.
Fund Distribution
as on (31-Mar-25)
Large cap
90.2%
Mid cap
9.9%
Sector Allocation
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
- 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
- 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%
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%
Top Stocks sold last month
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 %
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%
Mid Cap allocation has gone down from 11.8% to 9.9%
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%
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Kotak Nifty Next 50 Index Fund Direct Growth | -0.85% | 17.05% | - | 15.39% |
 Motilal Oswal Nifty Bank Index Fund Direct Growth | 13.58% | 16.76% | 22.79% | 12.73% |
 UTI Nifty 50 Index Fund-Growth Option- Direct | 10.42% | 14.85% | 22.12% | 12.9% |
 SBI Nifty Index Fund Direct Growth | 10.39% | 14.84% | 22.06% | 12.62% |
 HDFC Nifty 50 Index Fund -Direct Plan | 10.36% | 14.82% | 22.05% | 12.96% |
 ICICI Prudential Nifty 50 Index Plan Direct Growth | 10.36% | 14.81% | 22.04% | 12.97% |
 Taurus Nifty 50 Index Fund-Direct Plan-Growth Option | 9.49% | 14.15% | 21.55% | 12.62% |
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth | 7.8% | 23.48% | 32.2% | 24.92% |
UTI Nifty200 Momentum 30 Index Fund Direct Growth | -8.72% | 17.72% | - | 18.11% |
Top Growth Drivers | 1M Return |
|---|---|
 Divis Laboratories Ltd | 7.8% |
 Britannia Industries Ltd | 1.6% |
 Godrej Consumer Products Ltd | 1.5% |
Loading...
We are taking more time than usual
Satish Dondapati
Fund Manager of Kotak Nifty Next 50 Index Fund Direct Growth, since 10 March 2021
Top funds managed
Devender Singhal
Fund Manager of Kotak Nifty Next 50 Index Fund Direct Growth, since 10 March 2021
Top funds managed
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
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 15.39% since inception which is more than its category average return of 7.81%
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
This fund has AUM of ₹560 Cr which is less than its category average of ₹ 757 Cr
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%
More funds from Kotak
3Y CAGR
▲ 25.49
5Y CAGR
▲ 28.43
5Y CAGR
▲ 32.23
3Y CAGR
▲ 21.88
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% |
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.
0.1% 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%