| KOTAK BANKING ETF
An open-ended scheme replicating/ tracking nifty bank index
| KOTAK BANKING ETF
An open-ended scheme replicating/ tracking nifty bank index

      

      
Investment Objective
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of stocks as represented by the Nifty Bank Index subject to tracking errors. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of stocks as represented by the Nifty Bank Index subject to tracking errors. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Issuer/Instrument Industry/
Rating
% to Net
Assets

Equity & Equity Related
HDFC Bank Ltd. Banks 26.06
ICICI Bank Ltd. Banks 19.56
Axis Bank Ltd. Banks 15.93
State Bank Of India Banks 13.27
Kotak Mahindra Bank Ltd. Banks 12.36
IndusInd Bank Ltd. Banks 5.35
Bandhan Bank Ltd. Banks 2.07
Federal Bank Ltd. Banks 1.48
IDFC First Bank Limited Banks 1.18
RBL Bank Ltd Banks 0.94
Bank Of Baroda Banks 0.91
Punjab National Bank Banks 0.87
Equity & Equity Related - Total 99.98
Net Current Assets/(Liabilities) 0.02
Grand Total 100.00

NAV
Rs350.8626

Available Plans/Options

Regular Plan
Option - Dividend Payout


Fund Manager Mr. Devender Singhal & Mr. Satish Dondapati*
BenchmarkNifty Bank Index TRI
Allotment dateDecember 04, 2014
AAUMRs7,871.96 crs
AUMRs7,625.36 crs
Folio count17,738

Ratios
Portfolio Turnover93.44%
Tracking Error:0.34%

Minimum Investment Amount

Through Exchange: 1 Unit,
Through AMC: 15000 Units,
Ideal Investment Horizon: 5 years and above


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load: Nil (applicable for all plans)


Total Expense Ratio**

Regular: 0.18%


Data as on February 28, 2021


This product is suitable for investors who are seeking*:
  • Long term capital growth
  • Investment in stocks comprising the underlying index and endeavours to track the benchmark index

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'Our Fund Managers'
For scheme performance, please refer 'Scheme Performances'