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
About
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 | ManagersAbhishek 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
Tracking index NIFTY Alpha 50 |
Expense Ratio0.33% |
Tracking error 0.48% |
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Investment checklist: (2/6)
Liquidity
Fund size
Expense Ratio
Tracking error
Returns vs FD Rates
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
Compare the returns of this fund with
NIFTY 50
This ETF
Nifty 50
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Kotak Mahindra AMC - Kotak Alpha Price history
Day | Open | Close | Change % |
---|---|---|---|
Wed, Dec 11 2024 | ₹57.78 | ₹57.02 | |
Tue, Dec 10 2024 | ₹57.20 | ₹56.79 | -0.33% |
Mon, Dec 9 2024 | ₹56.84 | ₹56.98 | |
Fri, Dec 6 2024 | ₹56.80 | ₹56.64 | |
Thu, Dec 5 2024 | ₹55.72 | ₹55.93 | |
Wed, Dec 4 2024 | ₹54.96 | ₹55.49 | |
Tue, Dec 3 2024 | ₹55.19 | ₹54.96 | |
Mon, Dec 2 2024 | ₹55.00 | ₹54.50 |
Composition
What's in fund
Name | Holdings |
---|---|
RVNLRail Vikas Nigam Ltd | 3.78% |
INOXWINDInox Wind Ltd | 3.73% |
500251Trent Ltd | 3.61% |
COCHINSHIPCochin Shipyard Ltd | 3.43% |
533106Oil India Ltd | 3.26% |
BSEBSE Ltd | 3.23% |
1/9
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Frequently asked questions
What is the Kotak Mahindra AMC - Kotak Alpha share price today?
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?
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?
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?
52 Week share High Price is ₹ 60.91 and Low Price is ₹ 38.70
What is the Kotak Mahindra AMC - Kotak Alpha Stock Symbol?
The Kotak Mahindra AMC - Kotak Alpha Stock symbol is ALPHA.
Can I buy Kotak Mahindra AMC - Kotak Alpha shares on Holidays?
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.