Kotak Nifty Next 50 Index Fund Direct Growth

Other
Index
Very High Risk
23.90%
3Y annualised
-0.41% 1D
1M
6M
1Y
3Y
All
NAV: 12 Apr 2024₹18.22
Min. SIP amount₹100
Rating3
Fund size₹171.95Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Other Index
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA63.8%23.9%21.3%
Category averageNA40.2%19.4%NA
Rank with in categoryNA157NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
ServicesEquity4.81%
Capital GoodsEquity4.13%
FinancialEquity3.81%
EnergyEquity3.54%
EnergyEquity3.42%
ConstructionEquity3.26%
Capital GoodsEquity3.25%
AutomobileEquity2.80%
FinancialEquity2.78%
EnergyEquity2.76%
See All

Expense ratio, exit load and tax

Expense ratio: 0.35%

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Devender Singhal
Feb 2021 - 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

Satish Dondapati
Feb 2021 - Present
View details

Fund house & investment objective

Fund house contact details

Address
The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla ComplexBandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
E-mail
NA
Website
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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