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Kotak Nifty ETF

NIFTY1

₹265.00+₹1.26 (0.48%) TodayLast updated on 01 Nov, 2024 | 18:50 IST

Kotak Nifty ETF Chart

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  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
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Open
₹263.74
Close
₹263.74
Volume
13,991
Avg. traded
₹264.85
Circuit range
₹211.63 - ₹317.44
Day range
₹263.24 - ₹269.70
Year range
₹204.28 - ₹287.68
AUM
₹2,586.51 Cr

Managers

Devender Singhal, +1 more
Launch Date
08 Feb 2010
Kotak Nifty ETF

About Kotak Nifty 50 ETF

  • The Kotak Nifty 50 ETF is an open-ended mutual fund offered by Kotak Mahindra Mutual Fund.
  • The scheme invests in top companies listed on the National Stock Exchange (NSE).
  • Kotak Nifty 50 ETF was launched on February 2, 2010.
  • The ETF has assets under management (AUM) of ₹2,558 crore as of July 31, 2024.
  • Devender Singhal and Satish Donapati are the fund managers.
  • The ETF units are listed on both NSE and BSE. Retail investors can purchase units through a broker or directly from their demat account.
  • The ETF units can be bought and sold, just like equity stocks, at the prevailing prices during usual market hours.

Investment Objective & Benchmark

  • The fund objective is to generate returns by investing in the securities of the underlying index, though some tracking errors may occur.
  • It is benchmarked against the Nifty 50 Index which is a well-diversified index comprising top companies across key sectors of the Indian economy.
  • The index is calculated using a free-float market capitalisation method, considering only shares available for trading.
  • The fund has diversified exposure across key sectors such as financial services, IT, energy, consumer goods, and more, reflecting the sector composition of the Nifty 50 Index.
  • The portfolio features a mix of large-cap and mid-cap companies that are leaders in their fields and are expected to benefit from India’s growing trends.
  • The ETF is rebalanced periodically to align with any changes in the Nifty 50 Index, such as additions or deletions of stocks.
  • The risk profile level of Kotak Nifty 50 ETF is very high, making it suitable for long-term wealth creation goals.

Asset Allocation & Portfolio Composition

  • The ETF holds 99.78% of its fund in equity and 0.22% in cash.
  • The fund primarily invests in large and giant cap companies, allocating over 90% of the funds to them.

Sector-wise fund allocation:

  • Banks: 28.03%
  • IT-software: 13.73%
  • Petroleum Products: 9.83%
  • Automobile: 8.21%
  • Diversified FMCG: 6.33%
  • Construction: 4.03%
  • Finance: 4.95%
  • Pharma & Biotech: 3.72%
  • Telecom-Services: 3.61%
  • Finance: 3.27%
  • Power: 3.23%

The top 10 company holdings constitute around 68.24% of the ETF’s asset allocation. The top 10 holdings of the ETF include:

  • HDFC Bank Ltd: 11.01%
  • Reliance Industries Ltd: 9.21%
  • ICICI Bank Ltd: 7.73%
  • Infosys Ltd: 6.11%
  • ITC Ltd: 4.14%
  • Larsen and Toubro Ltd: 4.03%
  • Tata Consultancy Services Ltd: 4.02%
  • Bharti Airtel Ltd: 3.61%
  • State Bank of India: 3.03%
  • Axis Bank Ltd: 3%

Since its Inception, the ETF has given an annualised return of 12.89% to its investors as of August 14, 2024.

In the last year, the ETF has given a return of 25.63% compared to its benchmarked index which has given a return of 25.70% as of August 14, 2024.

Key indicators

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Tracking index
Nifty 50

Expense Ratio

0.07%
Tracking error
0.03%

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Investment checklist: (4/6)
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Liquidity

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Fund size

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Expense Ratio

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Tracking error

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Returns vs FD Rates

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Entry Point

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Returns

Returns vs Benchmark
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  • ETF returns
  • Rolling returns
Compare the returns of this fund with
NIFTY 50
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This ETF

Nifty 50

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Kotak Nifty ETF Shareholder returns

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1 day
-0.53%
1 week
-0.68%
1 month
-6.29%
3 months
-2.62%
1 year
+28.44%
3 years
+41.34%
5 years
+115.26%

Kotak Nifty ETF Price history

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DayOpenCloseChange %
Thu, Oct 31 2024
₹265.13
₹263.74
-0.53%
Wed, Oct 30 2024
₹266.30
₹265.14
-0.44%
Tue, Oct 29 2024
₹264.99
₹266.30
+0.27%
Mon, Oct 28 2024
₹264.23
₹265.58
+0.51%
Fri, Oct 25 2024
₹265.50
₹264.24
-0.49%
Thu, Oct 24 2024
₹266.38
₹265.54
-0.32%
Wed, Oct 23 2024
₹264.01
₹266.39
-0.38%
Tue, Oct 22 2024
₹271.48
₹267.41
-0.70%

Composition

Frequently asked questions