Kotak Nifty Bank Index Fund Direct Growth

Kotak Nifty Bank Index Fund Direct Growth

NAV: 03 Aug '26
₹10.00
Min. for SIP
₹500
Fund size (AUM)
--
Expense ratio
--
Rating
--

Minimum investments

Min. for 1st investment
₹1,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹500

Returns and rankings

Annualised returns
Absolute returns
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Fund returns--------
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Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

--
Check past data

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Fund management

AB
Abhishek Bisen
Aug 2026 - Present
View details

Education
Mr. Bisen is a BA and MBA in Finance.
Experience
Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
Also manages these schemes

About Kotak Nifty Bank Index Fund Direct Growth

Kotak Nifty Bank Index Fund Direct Growth is a -- Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 05 Aug 1994. Abhishek Bisen is the Current Fund Manager of Kotak Nifty Bank Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,84,950 Cr and the Latest NAV as of 03 Aug 2026 is ₹10.00. The Kotak Nifty Bank Index Fund Direct Growth is rated -- risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. ;

Investment Objective

The scheme seeks to generate Passive Investment in equity and equity related securities replicating the composition of Nifty Bank Index, subject to tracking error.
Fund benchmarkNIFTY Bank Total Return Index

Fund house

Rank (total assets)#5 in India
Total AUM₹5,84,949.80 Cr
Date of Incorporation05 Aug 1994
Phone022-61152100 / 1800-22-2626
E-mail--
Launch Date05 Aug 1994
AddressThe Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla ComplexBandra (E) Mumbai 400051
Custodian--
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,