Kotak Nifty Smallcap 50 Index Fund Direct Growth

Kotak Nifty Smallcap 50 Index Fund Direct Growth is an equity fund. This fund was started on 10 April, 2023. The fund is managed by Abhishek Bisen, Satish Dondapati, Devender Singhal. The fund could potentially beat inflation in the long-run.

1. Kotak Nifty Smallcap 50 Index Fund Direct Growth has ₹130 Cr worth of assets under management (AUM) as on May 2025 and is more than category average.
2. The fund has an expense ratio 0.3.
   

Kotak Nifty Smallcap 50 Index Fund Direct Growth has given a CAGR return of 38.68% since inception. Over the last 1 year the fund has given a CAGR return of 2.98%.

Kotak Nifty Smallcap 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Tech, Health, Utilities, Consumer Cyclical, Energy, Consumer Defensive, Real Estate, Communication. Its top holdings are Multi Commodity Exchange of India Ltd, Central Depository Services (India) Ltd, Laurus Labs Ltd, Crompton Greaves Consumer Electricals Ltd, Radico Khaitan 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 Smallcap 50 Index and to generate returns that are commensurate with the performance of the Nifty Smallcap 50 Index, subject to tracking errors. There is no assurance or guarantee that the investment objective of the scheme would be achieved. The scheme does not assure or guarantee any returns

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