| Launch date | 28 Jul 2025 |
| Allotment date | 19 Aug 2025 |
| End date | 11 Aug 2025 |
| NAV | ₹10.00 |
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
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 BisenJul 2025 - PresentView details
Devender SinghalJul 2025 - PresentView details
Satish DondapatiJul 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #5 in India |
|---|---|
| Total AUM | ₹5,78,989.20Cr |
| Date of Incorporation | 05 Aug 1994 |
|---|
Kotak Nifty Alpha 50 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 Alpha 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,78,989 Cr and the Latest NAV as of 04 Mar 2026 is ₹9.45. The Kotak Nifty Alpha 50 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 replicate the composition of the Nifty Alpha 50 Index and to generate returns that are commensurate with the performance of the Nifty Alpha 50 Index, subject to tracking errors. ;
| Fund benchmark | Nifty Alpha 50 Total Return Index |
|---|
Peer Comparison
| Equity, Flexi Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
HDFC Flexi Cap Direct Plan Growth | 5 | 18.0% | 22.9% | 97,451.56 |
Invesco India Flexi Cap Fund Direct Growth | 5 | 13.7% | 21.6% | 4,584.14 |
Parag Parikh Flexi Cap Fund Direct Growth | 5 | 9.4% | 20.5% | 1,33,969.81 |
HSBC Flexi Cap Fund Direct Growth | 4 | 17.9% | 19.6% | 5,317.76 |
Franklin India Flexi Cap Fund Direct Growth | 4 | 13.6% | 19.5% | 19,528.04 |