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Blog
Kotak Nifty Financial Services Ex Bank Index Fund Growth

Kotak Nifty Financial Services Ex Bank Index Fund Growth

Equity
Sectoral
Very High Risk
1M
6M
1Y
All
NAV: 09 Jan '26
₹16.22
Min. SIP amount
Not Supported
Fund size
₹96.99 Cr
Expense ratio
0.73%

Holdings (30)

NameSectorInstrumentsAssets
Bajaj Finance Ltd.FinancialEquity15.40%
Shriram Finance LtdFinancialEquity8.20%
Bajaj Finserv Ltd.FinancialEquity6.85%
BSE Ltd.ServicesEquity6.32%
JIO Financial Services Ltd.FinancialEquity5.68%
SBI Life Insurance Company Ltd.InsuranceEquity5.37%
HDFC Life Insurance Co Ltd.InsuranceEquity4.74%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity4.23%
PB Fintech Ltd.ServicesEquity3.66%
Multi Commodity Exchange Of India Ltd.ServicesEquity3.34%
HDFC Asset Management Company Ltd.FinancialEquity3.20%
One97 Communications Ltd.ServicesEquity3.10%
Power Finance Corporation Ltd.FinancialEquity3.04%
ICICI Lombard General Insurance Company Ltd.InsuranceEquity2.79%
REC Ltd.FinancialEquity2.62%
Max Financial Services Ltd.FinancialEquity2.59%
Muthoot Finance Ltd.FinancialEquity2.40%
360 One Wam Ltd.FinancialEquity1.78%
Aditya Birla Capital Ltd.FinancialEquity1.61%
ICICI Prudential Life Insurance Company Ltd.InsuranceEquity1.54%
SBI Cards And Payment Services Ltd.FinancialEquity1.52%
L&T Finance Ltd.FinancialEquity1.52%
Central Depository Services (India) Ltd.FinancialEquity1.51%
Indian Railway Finance Corporation Ltd.FinancialEquity1.31%
Life Insurance Corporation of IndiaInsuranceEquity1.12%
PNB Housing Finance Ltd.FinancialEquity1.05%
Computer Age Management Services Ltd.ServicesEquity1.05%
LIC Housing Finance Ltd.FinancialEquity0.95%
Angel One Ltd.FinancialEquity0.89%
Indian Energy Exchange Ltd.ServicesEquity0.63%
See All

Minimum investments

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

Returns and rankings

Annualised returns
Absolute returns
Name3M6M1YAll
Fund returns+9.0%+6.2%+23.3%+66.7%
Category average (Equity Sectoral)----+16.5%--
Rank (Equity Sectoral)472710--

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

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data

Fund management

AB
Abhishek Bisen
Jul 2023 - 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
Kotak CRISIL IBX AAA Bond Financial Services Index Dec 2026 Fund Growth
Kotak MSCI India ETF Growth
Kotak Gilt Investment Direct Growth
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Growth
Kotak Healthcare Fund Growth
Kotak Dynamic Bond Fund Growth
Kotak Debt Hybrid Fund Growth
Kotak Banking & Financial Services Fund Growth
Kotak Multicap Fund Growth
Kotak Nifty Alpha 50 Index Fund Growth
Kotak Aggressive Hybrid Fund Growth
Kotak Nifty SDL Apr 2032 Top 12 Equal Weight Index Fund Regula Growth
Kotak Nifty SDL Plus AAA PSU Bond Jul 2028 60:40 Index Fund Growth
Kotak Nifty G Sec July 2033 Index Fund Growth
Kotak Technology Fund Growth
Kotak US Specific Equity Passive FoF Growth
Kotak Nifty Midcap 150 Momentum 50 Index Fund Growth
Kotak MNC Fund Growth
Kotak Nifty AAA Bond Financial Services Mar 2028 Index Fund Growth
Kotak Energy Opportunities Fund Growth
Kotak Business Cycle Fund Growth
Kotak Nifty Midcap 50 ETF Growth
Kotak Long Duration Fund Growth
Kotak Dynamic Bond Fund (SS) Growth
Kotak Active Momentum Fund Growth
Kotak Multi Asset Omni FoF Growth
Kotak Nifty SDL Jul 2026 Index Fund Growth
Kotak Gilt Investment Growth
Kotak Nifty 100 Low Volatility 30 Index Fund Growth
Kotak Nifty 100 Low Volatility 30 ETF Growth
Kotak Nifty Financial Services Ex Bank Index Fund Growth
Kotak Nifty 200 Quality 30 Index Fund Growth
Kotak Nifty Alpha 50 ETF Growth
Kotak Nifty 50 Index Fund Growth
Kotak NIFTY India Consumption ETF Growth
Kotak Manufacture in India Fund Growth
Kotak Gold Fund Growth
Kotak Silver ETF Growth
Kotak Income Plus Arbitrage Omni FoF Growth
Kotak Nifty 1D Rate Liquid ETF
Kotak Nifty Midcap 150 Index Fund Growth
Kotak Nifty Smallcap 50 Index Fund Growth
Kotak Bond Fund Growth
Kotak Equity Savings Fund Growth
Kotak BSE Sensex Index Fund Growth
Kotak Nifty 100 Equal Weight Index Fund Growth
Kotak Nifty 50 Equal Weight Index Fund Growth
Kotak Nifty SDL Jul 2033 Index Fund Growth
Kotak CRISIL IBX AAA Financial Services Index Sep 2027 Fund Growth
Kotak Multi Asset Allocation Fund Growth
Kotak Gilt Investment PF & Trust Growth
Kotak Bond Short Term Fund Growth
Kotak Balanced Advantage Fund Growth
Kotak BSE PSU Index Fund Growth
Kotak Nifty 200 Momentum 30 Index Fund Growth
Kotak Nifty India Tourism Index Fund Growth
Kotak Nifty500 Momentum 50 Index Fund Growth
Kotak Bond Fund Growth
Kotak Rural Opportunities Fund Growth
Kotak Nifty Midcap 50 Index Fund Growth
Kotak Nifty Commodities Index Fund Growth
Kotak Transportation & Logistics Fund Growth
Kotak Silver ETF FoF Growth
Kotak Nifty Smallcap 250 Index Fund Growth
Kotak Nifty Top 10 Equal Weight Index Fund Growth
Kotak Nifty 200 Momentum 30 ETF Growth
Kotak Special Opportunities Fund Growth
Kotak BSE Housing Index Fund Growth
Kotak Nifty MNC ETF Growth
Kotak Consumption Fund Growth
Kotak Gold Silver Passive FoF Growth
Kotak Gold ETF
Kotak Quant Fund Growth

DS
Devender Singhal
Jul 2023 - 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 Nifty Midcap 150 Index Fund Growth
Kotak MSCI India ETF Growth
Kotak Nifty IT ETF Growth
Kotak Nifty Smallcap 50 Index Fund Growth
Kotak Equity Savings Fund Growth
Kotak BSE Sensex Index Fund Growth
Kotak Multicap Fund Growth
Kotak Nifty 100 Equal Weight Index Fund Growth
Kotak Nifty Alpha 50 Index Fund Growth
Kotak Nifty 50 Equal Weight Index Fund Growth
Kotak Multi Asset Allocation Fund Growth
Kotak BSE Sensex ETF
Kotak Nifty Midcap 150 Momentum 50 Index Fund Growth
Kotak BSE PSU Index Fund Growth
Kotak Nifty 200 Momentum 30 Index Fund Growth
Kotak Nifty India Tourism Index Fund Growth
Kotak Nifty500 Momentum 50 Index Fund Growth
Kotak Nifty Midcap 50 ETF Growth
Kotak Nifty Midcap 50 Index Fund Growth
Kotak Nifty Commodities Index Fund Growth
Kotak Nifty Smallcap 250 Index Fund Growth
Kotak Nifty Top 10 Equal Weight Index Fund Growth
Kotak Multi Asset Omni FoF Growth
Kotak Nifty 200 Momentum 30 ETF Growth
Kotak Nifty PSU Bank Exchange Traded Fund
Kotak Special Opportunities Fund Growth
Kotak Nifty 100 Low Volatility 30 Index Fund Growth
Kotak Nifty 100 Low Volatility 30 ETF Growth
Kotak Nifty Bank ETF IDCW
Kotak Nifty Financial Services Ex Bank Index Fund Growth
Kotak Nifty 200 Quality 30 Index Fund Growth
Kotak Nifty Alpha 50 ETF Growth
Kotak Nifty 50 Index Fund Growth
Kotak BSE Housing Index Fund Growth
Kotak Nifty MNC ETF Growth
Kotak Nifty 50 ETF IDCW
Kotak NIFTY India Consumption ETF Growth
Kotak Consumption Fund Growth
Kotak Nifty Next 50 Index Fund Growth

SD
Satish Dondapati
Jul 2023 - 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 Nifty Midcap 150 Index Fund Growth
Kotak MSCI India ETF Growth
Kotak Nifty IT ETF Growth
Kotak Nifty Smallcap 50 Index Fund Growth
Kotak BSE Sensex Index Fund Growth
Kotak Nifty 100 Equal Weight Index Fund Growth
Kotak Nifty Alpha 50 Index Fund Growth
Kotak Nifty 50 Equal Weight Index Fund Growth
Kotak BSE Sensex ETF
Kotak Nifty Midcap 150 Momentum 50 Index Fund Growth
Kotak BSE PSU Index Fund Growth
Kotak Nifty 200 Momentum 30 Index Fund Growth
Kotak Nifty India Tourism Index Fund Growth
Kotak Nifty500 Momentum 50 Index Fund Growth
Kotak Nifty Midcap 50 ETF Growth
Kotak Nifty Midcap 50 Index Fund Growth
Kotak Nifty Commodities Index Fund Growth
Kotak Nifty Smallcap 250 Index Fund Growth
Kotak Nifty Top 10 Equal Weight Index Fund Growth
Kotak Nifty 200 Momentum 30 ETF Growth
Kotak Nifty PSU Bank Exchange Traded Fund
Kotak Nifty 100 Low Volatility 30 Index Fund Growth
Kotak Nifty 100 Low Volatility 30 ETF Growth
Kotak Nifty Bank ETF IDCW
Kotak Nifty Financial Services Ex Bank Index Fund Growth
Kotak Nifty 200 Quality 30 Index Fund Growth
Kotak Nifty Alpha 50 ETF Growth
Kotak Nifty 50 Index Fund Growth
Kotak BSE Housing Index Fund Growth
Kotak Nifty MNC ETF Growth
Kotak Nifty 50 ETF IDCW
Kotak NIFTY India Consumption ETF Growth
Kotak Nifty Next 50 Index Fund Growth
Kotak Nifty 1D Rate Liquid ETF

About Kotak Nifty Financial Services Ex Bank Index Fund Growth

Kotak Nifty Financial Services Ex Bank Index Fund Growth is a Equity 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 Financial Services Ex Bank Index Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,69,913 Cr and the Latest NAV as of 09 Jan 2026 is ₹16.22. The Kotak Nifty Financial Services Ex Bank Index Fund Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. ;

Investment Objective

The scheme seeks to replicate the composition of the Nifty Financial Services Ex-Bank Index and to generate returns that are commensurate with the performance of the Nifty Financial Services Ex-Bank Index, subject to tracking errors.
Fund benchmarkNifty Financial Services Ex-Bank Total Return Index
Scheme Information Document(SID)

Fund house

AMC Image
Kotak Mahindra Mutual Fund
Rank (total assets)#5 in India
Total AUM₹5,69,913.46 Cr
Date of Incorporation05 Aug 1994
Phone022-61152100 / 1800-22-2626
E-mailNA
Websitehttps://www.kotakmf.com/
Launch Date05 Aug 1994
AddressThe Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla ComplexBandra (E) Mumbai 400051
CustodianNA
Registrar & Transfer AgentCams
Email[email protected]
Websitewww.camsonline.com
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Vaishnavi Tech Park, South Tower, 3rd FloorSarjapur Main Road, Bellandur, Bengaluru – 560103Karnataka
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