| NAV: 24 Jun 2022 | ₹340.98 |
| Min. SIP amount | NA |
| Rating | NA |
| Fund size | ₹6,763.10Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | -2.9% | 2.9% | 7.3% | 8.5% |
| Category average | 56.1% | 9.1% | 12.0% | NA |
| Rank with in category | 12 | 12 | 6 | NA |
Holdings (12)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 27.0% |
| ICICI Bank Ltd. | Financial | Equity | 23.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 11.7% |
| State Bank of India | Financial | Equity | 11.3% |
| Axis Bank Ltd. | Financial | Equity | 11.2% |
| Indusind Bank Ltd. | Financial | Equity | 5.6% |
| AU Small Finance Bank Ltd. | Financial | Equity | 2.7% |
| Bandhan Bank Ltd. | Financial | Equity | 2.0% |
| Bank Of Baroda | Financial | Equity | 1.8% |
| The Federal Bank Ltd. | Financial | Equity | 1.7% |
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.
Minimum investment amounts
| Min. for 1st investment | NA |
| Min. for 2nd investment onwards | NA |
| Min. for SIP | NA |
Fund management
Devender SinghalMay 2019 - PresentView details
Satish DondapatiMay 2019 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
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?
What is the NAV of Kotak Banking ETF IDCW?
The NAV of Kotak Banking ETF IDCW is ₹340.98 as of 24 Jun 2022.
