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Kotak Mahindra AMC - Kotak Alpha ETF

ALPHA

₹56.80-₹0.22 (-0.39%) TodayLast updated on 12 Dec, 2024 | 15:59 IST

Kotak Mahindra AMC - Kotak Alpha ETF Chart

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  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
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Open
₹57.47
Close
₹57.02
Volume
8,18,415
Avg. traded
₹56.90
Circuit range
₹45.35 - ₹68.02
Day range
₹56.58 - ₹57.47
Year range
₹38.70 - ₹60.91
AUM
₹439.19 Cr

Managers

Abhishek Bisen, +2 more
Launch Date
22 Dec 2021
Kotak Mahindra AMC - Kotak Alpha

About Kotak Nifty Alpha 50 ETF

  • Kotak Nifty Alpha 50 ETF is an open-ended value-oriented equity scheme that belongs to Kotak Mahindra Asset Management Company.
  • The scheme was launched on December 22, 2021.
  • The scheme’s assets under management (AUM) stood at ₹264 crore as of July 31, 2024
  • Devender Singhal, Satish Dondapati and Abhishek Bisen have been managing the fund.
  • The fund is traded on both stock exchanges, which enables investors to trade at market price during each session.
  • The ETF units can be bought through a broker or directly from the demat account.

Investment Objective & Benchmark

  • The investment objective of the Kotak Nifty Alpha 50 index is to replicate the composition of the underlying index and generate corresponding returns.
  • It is benchmarked against the Nifty Alpha 50 Index TRI.
  • The NIFTY Alpha 50 Index tracks the performance of 50 stocks selected from the top 300 companies based on average free-float market capitalisation and average daily turnover over the last six months.
  • The index is reviewed quarterly based on data from the preceding six months.
  • With this ETF, investors get exposure to a diversified set of stocks, which can help spread out risk compared to investing in individual stocks.

Asset Allocation & Portfolio Composition

  • The ETF predominantly invests in large and giant cap companies, with an allocation of over 80%.
  • The asset allocation of funds comprises 99.79% in equity and 0.21% in cash and cash equivalent.

Sector-wise fund allocation:

  • Finance: 13.18 %
  • Power: 12.26 %
  • Electrical Equipment: 10.18 %
  • Construction: 7.17 %
  • Capital Markets: 6.37 %

The top 10 holdings of stocks constitute around 32.18% of the ETF’s asset allocation. Top 10 company holdings in this ETF:

  • Kalyan Jewellers India Ltd: 3.85%
  • Suzlon Energy Ltd: 3.77%
  • Indian Railway Finance Corporation Ltd: 3.72%
  • BSE Ltd: 3.59%
  • Housing & Urban Development Corporation Ltd: 3.51%
  • Rural Electrification Corporation Ltd: 3.27%
  • Rail Vikas Nigam Limited: 3.1%
  • TITAGARH RAIL SYSTEMS LTD: 2.99%
  • SJVN Limited: 2.81%
  • Bharat Heavy Electricals Ltd: 2.75%
  • Power Finance Corporation Ltd: 2.68%
  • Torrent Power Ltd: 2.58%
  • Trent Ltd: 2.53%

Since its Inception, the ETF has given an annualised return of 21.98% as of July 31, 2024.

In a single year, Kotak Nifty Alpha 50 ETF has delivered a return of 71.68%, compared to benchmark returns of 73.91% as of July 31, 2024.

Key indicators

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Tracking index
NIFTY Alpha 50

Expense Ratio

0.33%
Tracking error
0.48%

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Investment checklist: (2/6)
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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 Mahindra AMC - Kotak Alpha Shareholder returns

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1 day
+0.41%
1 week
+2.76%
1 month
+7.28%
3 months
+0.64%
1 year
+42.80%
3 years
+66.77%
5 years
+66.77%

Kotak Mahindra AMC - Kotak Alpha Price history

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DayOpenCloseChange %
Wed, Dec 11 2024
₹57.78
₹57.02
+0.41%
Tue, Dec 10 2024
₹57.20
₹56.79
-0.33%
Mon, Dec 9 2024
₹56.84
₹56.98
+0.60%
Fri, Dec 6 2024
₹56.80
₹56.64
+1.27%
Thu, Dec 5 2024
₹55.72
₹55.93
+0.79%
Wed, Dec 4 2024
₹54.96
₹55.49
+0.96%
Tue, Dec 3 2024
₹55.19
₹54.96
+0.84%
Mon, Dec 2 2024
₹55.00
₹54.50
+0.68%

Composition

Frequently asked questions

What is the Kotak Mahindra AMC - Kotak Alpha share price today?

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Kotak Mahindra AMC - Kotak Alpha share price is ₹ 56.80 today.

What is today’s high & low share price of Kotak Mahindra AMC - Kotak Alpha?

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Kotak Mahindra AMC - Kotak Alpha share price high: ₹ 57.47 and low: ₹ 56.58

What is Assets Under Management (AUM) of Kotak Mahindra AMC - Kotak Alpha shares today on the NSE?

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Kotak Mahindra AMC - Kotak Alpha Assets Under Management (AUM) of ₹ 439.19 Crores.

What is the Kotak Mahindra AMC - Kotak Alpha share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 60.91 and Low Price is ₹ 38.70

What is the Kotak Mahindra AMC - Kotak Alpha Stock Symbol?

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The Kotak Mahindra AMC - Kotak Alpha Stock symbol is ALPHA.

Can I buy Kotak Mahindra AMC - Kotak Alpha shares on Holidays?

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No, shares of Kotak Mahindra AMC - Kotak Alpha or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Kotak Mahindra AMC - Kotak Alpha shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.