Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl

Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl

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Equity
Direct
Index Funds
NAV: ₹ 17.09 as on 23-02-2024
Fund Performance
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4 people have invested ₹ 400 in Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl in the last three months

About the Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl

Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl is an equity fund. This fund was started on 10 March, 2021. The fund is managed by Devender Singhal. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl has ₹153 Cr worth of assets under management (AUM) as on Jan 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl Overview

Expense ratio
Expense ratio
0.34%
Benchmark
Benchmark
IISL Nifty Next 50 TR INR
AUM
AUM
₹153 Cr
Inception Date
Inception Date
10 March, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
--/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
56.76%

Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl Distribution as on (31-Jan-24)

  • Equity 100%

Size breakup

Large cap
89%
Mid cap
11%
Sector Allocation

Jan'24

Dec'23

Nov'23

Financial Services
20.9%
Industrial
17.3%
Basic Materials
15.6%
Consumer Defensive
13.6%
Consumer Cyclical
11.6%
Utilities
9.8%
Energy
3.2%
Real Estate
3.1%
Health
2.5%
Communication
2.3%

Top Holdings of Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl as on (31-Jan-24)

  • Equity

Equity Holdings50

Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl: Monthly Changes Updates

All changes are between Nov'23 and Jan'24
Fund Performance
Jan'24
Dec'23
Nov'23
Fund Returns
3.62%
11.03%
9.17%
Nifty Next 50
-0.07%
7.22%
6.02%
  • This fund’s returns stands at 3.62% whereas the fund’s underlying benchmark Nifty Next 50 returns stands at -0.07% as on Jan'24
  • This fund outperformed Nifty Next 50 by 3.69% in Jan'24
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 152.6 Cr
₹ 142.4 Cr
₹ 126.4 Cr
  • AUM of the fund stands at 152.6 Cr as of Jan'24
  • AUM increased by 10.2 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Gainers & Losers in Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl portfolio Returns for the month of Jan

Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl Fund Manager

Devender Singhal
Devender Singhal
Fund Manager of Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl, since 10 March 2021

Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl 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 19.87% since inception which is less than its category average return of 21.45%
Fund Allocations

Fund Allocations

This fund has an allocation of 100% in Equity, 0% in Debt and 0% in Cash related instruments
AUM size ₹153 Cr

AUM size ₹153 Cr

This fund has AUM of ₹153 Cr which is less than its category average of ₹ 662 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.51%

Frequently Asked Questions

The current NAV of Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl is ₹17.09 as on 23-Feb-2024.
Existing (Absolute + CAGR) as on 23-Feb-2024.
Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl
Absolute Returns
CAGR Returns
1 Month Returns
11.06%
11.06%
6 Month Returns
33.41%
33.41%
1 Year Returns
57.83%
57.83%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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0.34% as on January 2024
₹153 Cr as on January 2024
Shriram Finance Ltd(4.12%), Trent Ltd(4.09%), Bharat Electronics Ltd(4%), Tata Power Co Ltd(3.96%), Hindustan Aeronautics Ltd Ordinary Shares(3.37%) as on January 2024
Financial Services(20.89%), Industrial(17.34%), Basic Materials(15.56%) as on January 2024
The alpha ratio for the Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl
-0.4
-
-
As on January 2024
The alpha for Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl 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 Reinvestment of Income Dis cum Cap wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl
1
-
-
As on January 2024
The Beta for Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl 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 Reinvestment of Income Dis 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 Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl
1.83
-
-
As on January 2024
The sharpe ratio for Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl 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 Reinvestment of Income Dis 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 Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl
16.08
-
-
As on January 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.
Devender Singhal is the fund manager of Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl
The Exit load of Kotak Nifty Next 50 Index Fund Direct Reinvestment of Income Dis cum Cap wdrl is 0%