SD
Satish DondapatiLead
Since May 2019
AUM managed
₹19,651.29Cr
Tenure
Since May 2019
Funds
46
Kotak Nifty Bank ETF
Sector - Financial ServicesKotak Mahindra Mutual Fund
NAV
₹632.49
+0.22% today
AUM
₹4,465.73 Cr
Fund size
Expense
0.15%
Regular plan
Min SIP
₹0
per month
Min Lumpsum
₹0
one-time
Exit Load
0.0
on redemption
Fund snapshot
Category rank--
Risk-o-meterVery High Risk
BenchmarkNifty Bank TR INR (100%)
Number of holdings14
Inception04 Dec 2014
Exit load0.0
Risk metrics
Alpha-1.43
Beta1.02
Sharpe ratio0.63
Standard deviation12.14%
Sortino ratio1.13
Capital gains tax
Equity
STCG · short-term
20%Short-term gains taxed at 20%
Applies when equity fund units are sold within 12 months.
LTCG · long-term
12.5%Long-term gains taxed at 12.5%
Applies when equity fund units are sold after 12 months.
Equity-oriented mutual fund taxation applies based on holding period.
Fund managers
DS
Since May 2019
AUM managed
₹82,420.70Cr
Tenure
Since May 2019
Funds
51
JS
Since Mar 2026
AUM managed
₹62,077.42Cr
Tenure
Since Mar 2026
Funds
51
About Kotak Nifty Bank ETF
Kotak Nifty Bank ETF is an open-ended Sector - Financial Services mutual fund scheme offered by Kotak Mahindra Mutual Fund under the regular plan with the growth option. Its latest net asset value (NAV) is ₹632.49 per unit and the scheme manages ₹4,465.73 Cr in assets under management. The fund charges an expense ratio of 0.15% and is benchmarked against Nifty Bank TR INR (100%). Over the trailing 5 years, Kotak Nifty Bank ETF has delivered +12.51% returns. SEBI's riskometer places this scheme in the Very High Risk category, so read the scheme information document before investing.
Investment objective
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of stocks as represented by the Nifty Bank Index subject to tracking errors. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Regular Plan · Growth option · NAV as of 26 Feb 2026
Kotak Nifty Bank ETF returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | +4.60% | -2.88% |
| 3 months | +2.71% | -4.20% |
| 6 months | +12.25% | -0.70% |
| 1 year | +26.63% | +0.11% |
| 3 years | +16.04% | +10.24% |
| 5 years | +12.51% | +9.56% |
Rolling returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | -- | -5.73% |
| 3 months | +3.12% | -5.04% |
| 6 months | +6.66% | +8.59% |
| 1 year | +20.95% | +1.79% |
| 3 years | +49.45% | +29.46% |
| 5 years | +99.99% | +63.63% |
Past performance is not indicative of future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
Kotak Nifty Bank ETF — frequently asked questions
What is the NAV of Kotak Nifty Bank ETF?
The latest net asset value (NAV) of Kotak Nifty Bank ETF is ₹632.49 per unit, +0.22% over the previous trading day. NAV is declared by the AMC at the end of every business day.
What returns has Kotak Nifty Bank ETF delivered?
Kotak Nifty Bank ETF has returned +12.51% over the trailing 5 years (1 year: +26.63%, 3 years: +16.04%). Returns beyond one year are annualised. Past performance does not guarantee future returns.
What is the expense ratio of Kotak Nifty Bank ETF?
Kotak Nifty Bank ETF charges an expense ratio of 0.15% per annum. The expense ratio is deducted from the scheme's assets, so the NAV you see is already net of it.
How risky is Kotak Nifty Bank ETF?
SEBI's riskometer classifies Kotak Nifty Bank ETF as Very High Risk, which is typical for a Sector - Financial Services scheme. Match the scheme's risk level to your own risk tolerance and investment horizon before investing.
What is the minimum investment in Kotak Nifty Bank ETF?
The minimum lumpsum investment in Kotak Nifty Bank ETF is ₹0.
Who manages Kotak Nifty Bank ETF?
Kotak Nifty Bank ETF is managed by Kotak Mahindra Mutual Fund, holds ₹4,465.73 Cr in assets under management and invests across 14 holdings. This page covers the regular plan with the growth option.
Scheme identifiers
- Fund house
- Kotak Mahindra Mutual Fund
- Scheme category
- Equity
- Scheme sub-category
- Sector - Financial Services
- Plan
- Regular plan
- Option
- Growth
- ISIN
- INF174K01F59
- Scheme code
- FS0000BKWZ