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Fund Facts
  • Name of Fund:
    Kotak Nifty Financial Services Ex-Bank Index
  • Opening:
    24th July 2023
  • Closing:
    7th August 2023
  • Scheme Type:
    Open Ended Equity Index Funds
  • Minimum Investment:
    Rs. 5000/- and in multiples of Rs 1 for purchases and of Re 0.01 for switches.
  • Plan:
    Regular and Direct
  • Options:
    Growth and IDCW
  • Entry Load:
  • Exit Road:
  • Thereafter:

Fund Stats


The investment objective of the scheme is to replicate the composition of the Nifty Financial Services Ex-Bank Index and to generate returns that are commensurate with the performance of the Nifty Financial Services Ex-Bank Index, subject to tracking errors.

  • Benchmark:

  • NIFTY Financial Services

  • Fund Manager:

  • Devender Singhal, Satish Dondapati, Abhishek Bisen

Asset Allocation

95-100% Equity
upto 5% Money Market
Comparable existing schemes
Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund 22.13(6M) 16.71(1Y)
Not Available Not Available Not Available

Fund Prognosis

Idea Distiller

Focussing on the financial services side completely. Perhaps the fund house sees a lot of new offerings coming in from the market in the medium term.

  • Fund House AAUM:

  • Rs. 31237132.93 Lakhs (as on 30th June 2023)

  • Fund Manager:

  • Combined experience of above 22 years

Scheme DNA 4 fundamentals

  • RISK

OOMP Factor

A laser focus on a particular segment of a larger segment in the equity space. Such short spans provides high risk-high return possibilities.