Kotak Nifty 50 Index Fund Direct Growth

Kotak Nifty 50 Index Fund Direct Growth is an equity fund. This fund was started on 21 June, 2021. The fund is managed by Satish Dondapati, Abhishek Bisen, Devender Singhal. The fund could potentially beat inflation in the long-run.

1. Kotak Nifty 50 Index Fund Direct Growth has ₹1006 Cr worth of assets under management (AUM) as on Nov 2025 and is more than category average.
2. The fund has an expense ratio 0.1.
   

Kotak Nifty 50 Index Fund Direct Growth has given a CAGR return of 13.05% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 11.78% and 13.38% respectively.

Kotak Nifty 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Energy, Tech, Industrial, Consumer Defensive, Basic Materials, Communication, Health, Utilities. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Bharti Airtel Ltd, Infosys Ltd

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.

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

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