|Min SIP Amount||Not Supported|
|NAV||₹206.53 (24 Sep 2020)|
|Fund Started||04 Dec 2014|
|Fund Size||₹5,085 Cr|
|HDFC Bank Ltd.||Financial||Equity||26.0%|
|ICICI Bank Ltd.||Financial||Equity||19.6%|
|Axis Bank Ltd.||Financial||Equity||16.3%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||14.8%|
|State Bank of India||Financial||Equity||11.2%|
|Indusind Bank Ltd.||Financial||Equity||5.3%|
|Bandhan Bank Ltd.||Financial||Equity||1.7%|
|Federal Bank Ltd.||Financial||Equity||1.5%|
|RBL Bank Ltd.||Financial||Equity||1.3%|
|IDFC First Bank Ltd.||Financial||Equity||0.9%|
Kotak Banking ETF Regular Dividend is a Others Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 04 Dec 2014. Deepak Gupta is the Current Fund Manager of Kotak Banking ETF Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹5,085 Cr and the Latest NAV as of 24 Sep 2020 is ₹206.53.
The Kotak Banking ETF Regular Dividend is rated High risk. Minimum SIP Investment is set to 1.
The 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.
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.