How to Invest in Kotak Nifty Bank ETF IDCW?

You can easily invest in Kotak Nifty Bank 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 Nifty Bank 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 Nifty Bank ETF IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Kotak Nifty Bank ETF IDCW provide?

The Kotak Nifty Bank ETF IDCW has been there from 04 Dec 2014 and the average annual returns provided by this fund is 12.23% since its inception.

How much expense ratio is charged by Kotak Nifty Bank ETF IDCW?

The term Expense Ratio used for Kotak Nifty Bank 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 Nifty Bank ETF IDCW is 0.18% as of 01 Apr 2023...

What is the AUM of Kotak Nifty Bank ETF IDCW?

The AUM, short for Assets Under Management of Kotak Nifty Bank ETF IDCW is ₹4,418.28Cr as of 01 Apr 2023.

How to Redeem Kotak Nifty Bank ETF IDCW?

If you want to sell your Kotak Nifty Bank 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 Nifty Bank ETF IDCW?

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

What is the NAV of Kotak Nifty Bank ETF IDCW?

The NAV of Kotak Nifty Bank ETF IDCW is ₹411.79 as of 31 Mar 2023.

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

The PE ratio ratio of Kotak Nifty Bank 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).

Kotak Nifty Bank ETF IDCW - NAV, Mutual Fund Performance & Portfolio

Kotak Nifty Bank ETF IDCW
Other
Index
Very High Risk
28.59%
3Y annualised
+1.75% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 31 Mar 2023₹411.79
Min. SIP amountNot Supported
RatingNA
Fund size₹4,418.28Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns12.2%28.6%10.7%10.1%
Category average11.6%27.9%9.0%NA
Rank with in category15107NA
Understand terms
Holdings (12)NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity28.9%
ICICI Bank Ltd.FinancialEquity24.4%
Kotak Mahindra Bank Ltd.FinancialEquity10.3%
Axis Bank Ltd.FinancialEquity9.8%
State Bank of IndiaFinancialEquity9.4%
Indusind Bank Ltd.FinancialEquity5.9%
Bank Of BarodaFinancialEquity2.5%
AU Small Finance Bank Ltd.FinancialEquity2.4%
The Federal Bank Ltd.FinancialEquity2.3%
Bandhan Bank Ltd.FinancialEquity1.5%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
28 Feb 2023 - Present
0.18%
31 Jan 2023 - 28 Feb 2023
0.18%
31 Dec 2022 - 31 Jan 2023
0.18%
31 Dec 2022 - 31 Dec 2022
0.18%
31 Dec 2022 - 31 Dec 2022
0.18%
30 Nov 2022 - 31 Dec 2022
0.18%
30 Nov 2022 - 30 Nov 2022
0.18%
30 Nov 2022 - 30 Nov 2022
0.18%
31 Oct 2022 - 30 Nov 2022
0.18%
31 Oct 2022 - 31 Oct 2022
0.18%
31 Oct 2022 - 31 Oct 2022
0.18%
31 Oct 2022 - 31 Oct 2022
0.18%
30 Sep 2022 - 31 Oct 2022
0.18%
30 Sep 2022 - 30 Sep 2022
0.18%
30 Sep 2022 - 30 Sep 2022
0.18%
31 Aug 2022 - 30 Sep 2022
0.18%
31 Aug 2022 - 31 Aug 2022
0.18%
31 Jul 2022 - 31 Aug 2022
0.18%
31 Jul 2022 - 31 Jul 2022
0.18%
30 Jun 2022 - 31 Jul 2022
0.18%
30 Jun 2022 - 30 Jun 2022
0.18%
31 May 2022 - 30 Jun 2022
0.18%
31 May 2022 - 31 May 2022
0.18%
30 Apr 2022 - 31 May 2022
0.18%
30 Apr 2022 - 30 Apr 2022
0.18%
31 Mar 2022 - 30 Apr 2022
0.18%
31 Mar 2022 - 31 Mar 2022
0.18%
28 Feb 2022 - 31 Mar 2022
0.18%
28 Feb 2022 - 28 Feb 2022
0.18%
31 Jan 2022 - 28 Feb 2022
0.18%
31 Jan 2022 - 31 Jan 2022
0.18%
31 Dec 2021 - 31 Jan 2022
0.18%
30 Nov 2021 - 31 Dec 2021
0.18%
31 Oct 2021 - 30 Nov 2021
0.18%
30 Sep 2021 - 31 Oct 2021
0.18%
31 Aug 2021 - 30 Sep 2021
0.18%
31 Jul 2021 - 31 Aug 2021
0.18%
30 Jun 2021 - 31 Jul 2021
0.18%
31 May 2021 - 30 Jun 2021
0.18%
30 Apr 2021 - 31 May 2021
0.18%
31 Mar 2021 - 30 Apr 2021
0.18%
28 Feb 2021 - 31 Mar 2021
0.18%
31 Jan 2021 - 28 Feb 2021
0.18%
31 Dec 2020 - 31 Jan 2021
0.18%
30 Nov 2020 - 31 Dec 2020
0.18%
31 Oct 2020 - 30 Nov 2020
0.18%
30 Sep 2020 - 31 Oct 2020
0.18%
31 Aug 2020 - 30 Sep 2020
0.18%
31 Jul 2020 - 31 Aug 2020
0.18%
30 Jun 2020 - 31 Jul 2020
0.18%
31 May 2020 - 30 Jun 2020
0.18%
30 Apr 2020 - 31 May 2020
0.18%
31 Mar 2020 - 30 Apr 2020
0.18%
29 Feb 2020 - 31 Mar 2020
0.18%
31 Jan 2020 - 29 Feb 2020
0.18%
31 Dec 2019 - 31 Jan 2020
0.18%
30 Nov 2019 - 31 Dec 2019
0.18%
31 Oct 2019 - 30 Nov 2019
0.18%
30 Sep 2019 - 31 Oct 2019
0.18%
31 Aug 2019 - 30 Sep 2019
0.18%
31 Jul 2019 - 31 Aug 2019
0.18%
30 Jun 2019 - 31 Jul 2019
0.18%
31 May 2019 - 30 Jun 2019
0.18%
30 Apr 2019 - 31 May 2019
0.18%
31 Mar 2019 - 30 Apr 2019
0.18%
28 Feb 2019 - 31 Mar 2019
0.18%
31 Jan 2019 - 28 Feb 2019
0.18%
31 Dec 2018 - 31 Jan 2019
0.18%
30 Nov 2018 - 31 Dec 2018
0.18%
31 Oct 2018 - 30 Nov 2018
0.18%
30 Sep 2018 - 31 Oct 2018
0.21%
31 Aug 2018 - 30 Sep 2018
0.21%
31 Jul 2018 - 31 Aug 2018
0.21%
31 May 2018 - 31 Jul 2018
0.20%
30 Apr 2018 - 31 May 2018
0.20%
31 Mar 2018 - 30 Apr 2018
0.20%
28 Feb 2018 - 31 Mar 2018
0.20%
31 Jan 2018 - 28 Feb 2018
0.20%
31 Dec 2017 - 31 Jan 2018
0.20%
30 Nov 2017 - 31 Dec 2017
0.20%
31 Oct 2017 - 30 Nov 2017
0.20%
Expense ratio, exit load and taxExpense ratio: 0.18%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementDevender 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
Kotak Multi Asset Allocator FoF Dynamic Regular IDCW
Kotak Multi Asset Allocator FoF Dynamic Regular Growth
Kotak Nifty PSU Bank Exchange Traded Fund
Kotak S&P BSE Sensex ETF
Kotak Nifty 50 ETF IDCW
Kotak Debt Hybrid Fund Regular IDCW Monthly
Kotak Debt Hybrid Fund Regular Growth
Kotak Debt Hybrid Fund Regular IDCW Quarterly
Kotak Multi Asset Allocator FoF Dynamic Direct IDCW
Kotak Multi Asset Allocator FoF Dynamic Direct Growth
Kotak Debt Hybrid Fund Direct Growth
Kotak Debt Hybrid Fund Direct IDCW Monthly
Kotak Debt Hybrid Fund Direct IDCW Quarterly
Kotak Equity Savings Fund Regular Growth
Kotak Equity Savings Fund Direct Growth
Kotak Equity Savings Fund Regular IDCW Monthly
Kotak Equity Savings Fund Direct IDCW Monthly
Kotak Equity Savings Fund Regular IDCW Quarterly
Kotak Equity Savings Fund Direct IDCW Quarterly
Kotak Nifty Bank ETF IDCW
Kotak Nifty 50 Value 20 ETF IDCW
Kotak India Growth Fund Series 4 Direct IDCW
Kotak India Growth Fund Series 4 Regular Growth
Kotak India Growth Fund Series 4 Direct Growth
Kotak India Growth Fund Series 7 Direct Growth
Kotak India Growth Fund Series 7 Regular IDCW
Kotak India Growth Fund Series 7 Regular Growth
Kotak Nifty Next 50 Index Fund Regular Growth
Kotak Nifty Next 50 Index Fund Regular IDCW
Kotak Nifty Next 50 Index Fund Direct Growth
Kotak Nifty Next 50 Index Fund Direct IDCW
Kotak Nifty IT ETF Growth
Kotak Nifty 50 Index Fund Regular Growth
Kotak Nifty 50 Index Fund Direct IDCW
Kotak Nifty 50 Index Fund Direct Growth
Kotak Nifty 50 Index Fund Regular IDCW
Kotak Multicap Fund Regular Growth
Kotak Multicap Fund Direct Growth
Kotak Nifty Alpha 50 ETF Growth
Kotak Nifty Midcap 50 ETF Growth
Kotak Nifty 100 Low Volatility 30 ETF Growth
Kotak NIFTY India Consumption ETF Growth
Kotak Nifty MNC ETF Growth
Satish Dondapati
May 2019 - Present
View details
Education
Mr. Dondapati has done MBA Finance
Experience
Prior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.
Also manages these schemes
Kotak Gold ETF
Kotak Nifty PSU Bank Exchange Traded Fund
Kotak S&P BSE Sensex ETF
Kotak Nifty 50 ETF IDCW
Kotak Nifty Bank ETF IDCW
Kotak Nifty 50 Value 20 ETF IDCW
Kotak Nifty Next 50 Index Fund Regular Growth
Kotak Nifty Next 50 Index Fund Regular IDCW
Kotak Nifty Next 50 Index Fund Direct Growth
Kotak Nifty Next 50 Index Fund Direct IDCW
Kotak Nifty IT ETF Growth
Kotak Nifty 50 Index Fund Regular Growth
Kotak Nifty 50 Index Fund Direct IDCW
Kotak Nifty 50 Index Fund Direct Growth
Kotak Nifty 50 Index Fund Regular IDCW
Kotak Nifty Alpha 50 ETF Growth
Kotak Nifty Midcap 50 ETF Growth
Kotak Nifty 100 Low Volatility 30 ETF Growth
Kotak NIFTY India Consumption ETF Growth
Kotak Nifty MNC ETF Growth
Fund house & investment objective
Kotak Mahindra Mutual Fund
Rank (total assets)#5 in India
Total AUM₹2,85,392.44Cr
Date of Incorporation05 Aug 1994
 Kotak Nifty Bank ETF IDCW is a Other Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 05 Aug 1994. Deepak Gupta is the Current Fund Manager of Kotak Nifty Bank ETF IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹2,85,392 Cr and the Latest NAV as of 31 Mar 2023 is ₹411.79.
The Kotak Nifty Bank ETF IDCW is rated Very High risk. Minimum SIP Investment is set to ₹1.
;
Investment ObjectiveThe scheme seeks 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.
;
Fund benchmarkNIFTY Bank Total Return Index
Scheme Information Document(SID)
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
E-mail
[email protected]
Website
NA
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Kotak Nifty Bank ETF IDCW
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	12.2%	28.6%	10.7%	10.1%
Category average	11.6%	27.9%	9.0%	NA
Rank with in category	15	10	7	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	28.9%
ICICI Bank Ltd.	Financial	Equity	24.4%
Kotak Mahindra Bank Ltd.	Financial	Equity	10.3%
Axis Bank Ltd.	Financial	Equity	9.8%
State Bank of India	Financial	Equity	9.4%
Indusind Bank Ltd.	Financial	Equity	5.9%
Bank Of Baroda	Financial	Equity	2.5%
AU Small Finance Bank Ltd.	Financial	Equity	2.4%
The Federal Bank Ltd.	Financial	Equity	2.3%
Bandhan Bank Ltd.	Financial	Equity	1.5%

Rank (total assets)	#5 in India
Total AUM	₹2,85,392.44Cr

Date of Incorporation	05 Aug 1994

Fund benchmark	NIFTY Bank Total Return Index

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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	NA
Fund size	₹4,418.28Cr

Kotak Nifty Bank ETF IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (12)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.18%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Devender SinghalMay 2019 - PresentView details

Satish DondapatiMay 2019 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Devender Singhal
May 2019 - Present
View details

Satish Dondapati
May 2019 - Present
View details