
Kotak Mahindra AMC - Kotak BK ETF
NSE: BANKNIFTY1|BSE: 590136Kotak Mahindra AMC - Kotak BK ETF Overview
Open ₹573.69 | Close ₹573.69 | Volume 62,701 | Avg. traded ₹574.36 |
Circuit range ₹458.13 - ₹687.20 | Day range ₹571.70 - ₹576.55 | Year range ₹490.15 - ₹651.60 | |
AUM ₹5,161.92 Cr | ManagersDevender Singhal, +1 more | Launch Date 04 Dec 2014 |
Kotak Mahindra AMC - Kotak BK ETF About
About Kotak Nifty Bank ETF: KOTAKBKETF
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Kotak Nifty Bank ETF is an open-ended exchange-traded fund offered by the Kotak Mahindra Mutual Fund House.
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The scheme was launched on December 11, 2014.
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The ETF consists of stocks of the top private and public sector banks listed on the Indian stock market.
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The scheme's assets under management stood at ₹ 5,858 crore as of July 31, 2024
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Devender Singhal and Satush Dondapati are the fund managers for the Kotak Nifty Bank ETF.
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Kotak Nifty Bank ETF units can be bought and sold like any other equity share on the Stock Exchange through a Demat account
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Investors eligible to invest in equity shares can invest in Kotak Banking ETF.
Investment Objective & Benchmark
- The Kotal Nifty Bank ETF aims to offer a return corresponding to the performance of the total returns from securities as represented by the underlying index. The returns are subject to marginal tracking errors.
- The ETF is benchmarked against the Nifty Bank Index.
- With the growing size of the Indian economy, the demand for borrowing is expected to increase, positioning the banking sector to perform well.
- Stringent regulations are in place in the banking sector, ensuring smooth functionality and limiting the investor's risk to fraudulent practices.
- The fund provides a cost-effective alternative to investing in the top banking stocks. The ETF diversifies the fund into private and public sector banks, creating a balance.
Asset Allocation & Portfolio Composition
- Kotak Nifty Bank ETF is invested heavily in equity, allocating 99.57% of the assets to them.
- Kotak Nifty Bank ETF has allocated 99.5% of the assets in the financial sector and the remaining 0.49% in others.
- The ETF invests in companies across market capitalisation — 67.22% of the funds to giant cap, 13.93% to large caps and 14.87% to mid-cap. The remaining 3.98% of assets are allocated to small-cap companies.
- The top 10 holding companies in the scheme make up 96.71% of the asset allocation.
Top 10 holding companies UTI Nifty Bank ETF along with their portfolio weightage:
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HDFC Bank Ltd.- 28.36%
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ICICI Bank Ltd- 23.36%
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Kotak Mahindra Bank Ltd- 10.12%
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State Of Bank- 10.08%
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Axis Bank Ltd-9.96%
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IndusInd Bank Ltd- 5.5%
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Bank of Baroda- 2.83%
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Federal Bank Ltd 2.39%
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AU Small Finance Bank Ltd- 2.13%
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Punjab National Bank - 2.08%
Kotak Nifty Bank ETF has earned a return of 17.4% in a year as of July 5, 2024, compared to Bank Nifty's yield of 17.66% during the period.
Since its inception in October 2014, the ETF has posted a return of 11.63%.
Kotak Mahindra AMC - Kotak BK ETF Chart
Key indicators
Tracking index Nifty Bank |
Expense Ratio0.17% |
Tracking error 0.03% |
Investment Checklist: (3/6)
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 vs Benchmark
This ETF
Nifty 50
Kotak Mahindra AMC - Kotak BK ETF Price history
Day | Open | Close | Change % |
---|---|---|---|
18-Sep-25 | ₹576.36 | ₹575.95 | |
17-Sep-25 | ₹570.90 | ₹573.50 | |
16-Sep-25 | ₹554.50 | ₹570.17 | |
15-Sep-25 | ₹561.40 | ₹568.72 | |
12-Sep-25 | ₹568.62 | ₹566.40 | |
11-Sep-25 | ₹564.87 | ₹565.80 | |
10-Sep-25 | ₹562.77 | ₹564.88 | |
09-Sep-25 | ₹563.80 | ₹559.86 | -0.24% |
Composition
What's in fund
Name | Holdings | Last Price | Price change % | Open Price | Close Price |
---|---|---|---|---|---|
![]() HDFCBANK | 28.11% | ₹965.15 | -₹0.10 (-0.01%) | ₹952.00 | ₹965.25 |
![]() ICICIBANK | 24.98% | ₹1,365.20 | -₹6.80 (-0.5%) | ₹1,371.90 | ₹1,372.00 |
![]() KOTAKBANK | 8.80% | ₹2,100.50 | +₹37.20 (1.80%) | ₹2,063.30 | ₹2,063.30 |
![]() Axis Bank Ltd | 8.54% | ₹1,181.00 | +₹21.50 (1.85%) | ₹1,171.00 | ₹1,159.50 |
![]() SBIN | 8.45% | ₹867.30 | +₹3.20 (0.37%) | ₹865.15 | ₹864.10 |
![]() INDUSINDBK | 4.51% | ₹747.40 | +₹4.25 (0.57%) | ₹743.20 | ₹743.15 |
![]() FEDERALBNK | 3.48% | ₹192.37 | -₹1.39 (-0.72%) | ₹193.61 | ₹193.76 |
![]() Bank of Baroda | 3.19% | ₹263.95 | +₹4.35 (1.68%) | ₹260.10 | ₹259.60 |
![]() IDFCFIRSTB | 2.78% | ₹69.04 | +₹0.02 (0.03%) | ₹68.99 | ₹69.02 |
![]() Punjab National Bank | 2.52% | ₹0.00 | +0.00 (0.00%) | ₹0.00 | ₹0.00 |
Sectors | Sector Holdings |
---|---|
![]() | 100.00% |
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