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Kotak Nifty Bank Index Fund
Sectoral-Banking & Financial Services
Not Rated
NAV (2026-09-11)
₹10
AUM
₹6.79 Cr
Exp. Ratio: 4.92%
RISK LEVEL
Very High
Returns & Performance
1 Year----
3 Year----
5 Year----
Since Launch-1.90%20.61% vs cat avg
Fund vs Category Average
Pros & Cons
Pros
✔No lock-in period
Cons
✖1Y returns trail category average
✖3Y returns below category average
✖Higher expense ratio (4.92%)
✖Returns since launch below category avg
ISININF174KA1C92
NAV₹10
NAV Date2026-09-11
AUM₹6.79 Cr
Expense Ratio4.92%
RiskVery High
RatingNot Rated / 5
Min SIP Amount₹500
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFOYes
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Satish Dondapati
Mr. Dondapati has done MBA Finance
Prior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Kotak Nifty Bank Index Fund is ₹10 as of 2026-09-11.
Kotak Nifty Bank Index Fund is classified as a Sectoral-Banking & Financial Services fund.
Kotak Nifty Bank Index Fund is managed by Kotak Mahindra Mutual Fund.
The Assets Under Management (AUM) of Kotak Nifty Bank Index Fund is ₹6.79 Cr.
The expense ratio of Kotak Nifty Bank Index Fund is 4.92%.
Kotak Nifty Bank Index Fund is managed by Satish Dondapati.
The minimum SIP investment for Kotak Nifty Bank Index Fund is ₹500.
As per the SEBI Riskometer, Kotak Nifty Bank Index Fund carries a Very High risk level.
Kotak Nifty Bank Index Fund has delivered 0% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-09-11.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
