Fund Details
Kotak Banking ETF Regular Dividend
| Risk | High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.18% |
| NAV | ₹303.15 (04 Dec 2020) |
|---|---|
| Fund Started | 04 Dec 2014 |
| Fund Size | ₹5,087 Cr |
Returns
as per Historical Returns
Comparison
Found nothing so far.
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 28.4% |
| ICICI Bank Ltd. | Financial | Equity | 19.5% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 16.3% |
| Axis Bank Ltd. | Financial | Equity | 14.9% |
| State Bank of India | Financial | Equity | 9.6% |
| Indusind Bank Ltd. | Financial | Equity | 4.4% |
| Bandhan Bank Ltd. | Financial | Equity | 2.6% |
| Federal Bank Ltd. | Financial | Equity | 1.3% |
| RBL Bank Ltd. | Financial | Equity | 1.1% |
| IDFC First Bank Ltd. | Financial | Equity | 0.8% |
Fund Managers
Kotak Banking ETF Regular Dividend Details
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 ₹5,087 Cr and the Latest NAV as of 04 Dec 2020 is ₹303.15.
The Kotak Banking ETF Regular Dividend is rated High risk. Minimum SIP Investment is set to 1.
Investment Objective
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.
Tax Implications
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.
