Kotak Nifty Bank Index Fund Direct Growth
Get the latest NAV of Kotak Nifty Bank Index Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹10.57
1D
NAV as on 13 Nov 2026
5.65%/per year
Since Inception
▲▼
136 people have invested ₹ 14.9L in Kotak Nifty Bank Index Fund in the last three months
Peer comparison
Kotak Nifty Bank Index Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
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Kotak Nifty Bank Index Fund Asset Allocation
See fund asset allocation details as on (14-Oct-26)
Fund Distribution
as on (14-Oct-26)
Kotak Nifty Bank Index Fund Sector Allocation
See fund sector allocation details as on (14-Oct-26)
Sector Allocation
Kotak Nifty Bank Index Fund Holdings Details
as on (31-Oct-26)
Kotak Nifty Bank Index Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 1.4605% |
Benchmark | Nifty Bank Index TRI |
| AUM | ₹8 Cr |
| Inception Date | 21 August, 2026 |
| Min Lumpsum/SIP | ₹1,000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| Risk |   Very High Risk |
About Kotak Nifty Bank Index Fund
Kotak Nifty Bank Index Fund Direct Growth is an equity fund. This fund was started on 21 August, 2026. The fund is managed by Satish Dondapati, Jeetu Sonar, Abhishek Bisen. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Nifty Bank Index Fund has ₹8 Cr worth of assets under management (AUM) as on Oct 2026 and is more than category average.
- The fund has an expense ratio 1.5.
Returns
Kotak Nifty Bank Index Fund has given a CAGR return of 5.65% since inception.
Holdings
Kotak Nifty Bank Index Fund has allocated its funds majorly in Financial Services. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Kotak Mahindra Bank Ltd, Axis Bank Ltd, State Bank of India
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 Bank Index Fund
Passive Investment in equity and equity related securities replicating the composition of Nifty Bank Index, subject to tracking error.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Kotak Nifty Bank Index Fund has no lock in period.
Fund Manager
Satish Dondapati
Fund Manager of Kotak Nifty Bank Index Fund, since 21 August 2026
Jeetu Sonar
Fund Manager of Kotak Nifty Bank Index Fund, since 21 August 2026
Abhishek Bisen
Fund Manager of Kotak Nifty Bank Index Fund, since 21 August 2026
Frequently Asked Questions for Kotak Nifty Bank Index Fund Direct Growth
How do I invest in Kotak Nifty Bank Index Fund?
- Download the INDmoney app.
- Search for ‘Kotak Nifty Bank Index Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.