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Kotak Banking ETF IDCW

Other
Index
Very High Risk
2.86%
3Y annualised
+1.48% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 Jun 2022₹340.98
Min. SIP amountNA
RatingNA
Fund size₹6,763.10Cr

Returns and rankings

Category: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns-2.9%2.9%7.3%8.5%
Category average56.1%9.1%12.0%NA
Rank with in category12126NA
Understand terms

Holdings (12)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity27.0%
ICICI Bank Ltd.FinancialEquity23.0%
Kotak Mahindra Bank Ltd.FinancialEquity11.7%
State Bank of IndiaFinancialEquity11.3%
Axis Bank Ltd.FinancialEquity11.2%
Indusind Bank Ltd.FinancialEquity5.6%
AU Small Finance Bank Ltd.FinancialEquity2.7%
Bandhan Bank Ltd.FinancialEquity2.0%
Bank Of BarodaFinancialEquity1.8%
The Federal Bank Ltd.FinancialEquity1.7%
See All

Expense ratio, exit load and tax

Expense ratio: 0.18%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Devender Singhal
May 2019 - Present
View details

Education
Mr. Singhal has done B.A. (Maths) from Delhi University and PGDM, Finance from Fore School of Management, Delhi.
Experience
Prior to joining Kotak Mahindra AMC , he has worked with Kotak Securities Ltd.(July 2007 -- January 2009) ,Religare (February 2006 -- June 2007), Karvy (July 2004 -- January 2006), P N Vijay Financial Services Pvt Ltd(2001 -- 2004) and Dundee Mutual Fund( Summer Trainee ) (May 2000 -- June 2000 ).
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
27 BKC, C-27, G Block,Bandra Kurla Complex,Bandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
Website
NA
Amc Image
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Compare funds

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FAQs

How to Invest in Kotak Banking ETF IDCW?

You can easily invest in Kotak Banking ETF IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Kotak Banking ETF IDCW from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Kotak Banking ETF IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Kotak Banking ETF IDCW provide?

The Kotak Banking ETF IDCW has been there from 04 Dec 2014 and the average annual returns provided by this fund is -2.90% since its inception.

How much expense ratio is charged by Kotak Banking ETF IDCW?

The term Expense Ratio used for Kotak Banking ETF IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Kotak Banking ETF IDCW is 0.18% as of 26 Jun 2022...

What is the AUM of Kotak Banking ETF IDCW?

The AUM, short for Assets Under Management of Kotak Banking ETF IDCW is ₹6,763.10Cr as of 26 Jun 2022.

How to Redeem Kotak Banking ETF IDCW?

If you want to sell your Kotak Banking ETF IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Kotak Banking ETF IDCW?

You can select either SIP or Lumpsum investment of Kotak Banking ETF IDCW based on your investment objective and risk tolerance.

What is the NAV of Kotak Banking ETF IDCW?

The NAV of Kotak Banking ETF IDCW is ₹340.98 as of 24 Jun 2022.

What is the PE and PB ratio of Kotak Banking ETF IDCW?

The PE ratio ratio of Kotak Banking ETF IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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