| Launch date | 02 Dec 2024 |
| Allotment date | 23 Dec 2024 |
| End date | 16 Dec 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.22%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Abhishek BisenDec 2024 - PresentView details
Devender SinghalDec 2024 - PresentView details
Satish DondapatiDec 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #5 in India |
|---|---|
| Total AUM | ₹5,78,901.39Cr |
| Date of Incorporation | 05 Aug 1994 |
|---|
Kotak Nifty 50 Equal Weight Index Fund Direct 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 50 Equal Weight Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,78,901 Cr and the Latest NAV as of 12 Dec 2025 is ₹11.23. The Kotak Nifty 50 Equal Weight Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. ;
Investment Objective
The scheme seeks to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors. ;
| Fund benchmark | NIFTY 50 Equal Weight Total Return Index |
|---|
Peer Comparison
| Equity, Large Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Nippon India Large Cap Fund Direct Growth | 5 | 6.1% | 19.4% | 50,312.32 |
DSP Large Cap Fund Direct Growth | 5 | 6.6% | 18.6% | 6,933.59 |
ICICI Prudential Large Cap Fund Direct Growth | 5 | 7.9% | 18.2% | 78,159.80 |
Canara Robeco Large Cap Fund Direct Growth | 4 | 5.1% | 16.1% | 17,233.68 |
HDFC Large Cap Fund Direct Growth | 5 | 4.6% | 15.8% | 40,617.55 |