Kotak Nifty Next 50 Index Fund Direct Growth

Other
Index
Very High Risk
1M
6M
1Y
All
NAV: 31 Mar 2023₹10.91
Min. SIP amount₹1,000
RatingNA
Fund size₹92.58Cr

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
Absolute returns
3M6M1YAll
Fund returns0.7%15.9%2.2%21.8%
Category averageNANA-1.8%NA
Rank with in category888272NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
LTIMindtree Ltd.TechnologyEquity4.2%
Pidilite Industries Ltd.ChemicalsEquity3.4%
Godrej Consumer Products Ltd.Consumer StaplesEquity3.4%
Shree Cement Ltd.ConstructionEquity3.4%
Tata Power Company Ltd.EnergyEquity3.4%
Bharat Electronics Ltd.Capital GoodsEquity3.3%
SRF Ltd.DiversifiedEquity3.1%
Dabur India Ltd.Consumer StaplesEquity3.0%
Havells India Ltd.Capital GoodsEquity2.9%
Vedanta Ltd.Metals & MiningEquity2.9%
See All

Pros and cons

Category: Other Index

Pros

Cons

Exit load is zero
1Y annualised returns lower than category average by 5.85%
Lower expense ratio: 0.31%

Expense ratio, exit load and tax

Expense ratio: 0.31%

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₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

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

Fund house & investment objective

Fund house contact details

Address
27 BKC, C-27, G Block,Bandra Kurla Complex,Bandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
Website
NA
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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