Kotak Nifty Bank Index Fund Direct Growth

Kotak Nifty Bank Index Fund Direct Growth
Very High Risk
Launch date03 Aug 2026
Allotment date21 Aug 2026
End date17 Aug 2026
NAV₹10.00
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Exit load
03 Aug 2026
--
Expense ratio, exit load and taxExpense ratio: --Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implication--
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementAbhishek Bisen
Aug 2026 - 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
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Kotak Nifty 200 Quality 30 Index Fund Direct Growth
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Kotak Bond Fund Direct Growth
Kotak Bond Short Term Fund Direct Growth
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
Kotak Nifty SDL Apr 2032 Top 12 Equal Weight Index Fund Direct Growth
Kotak MNC Fund Direct Growth
Kotak Banking & Financial Services Fund Direct Growth
Kotak Long Duration Fund Direct Growth
Kotak Energy Opportunities Fund Direct Growth
Kotak Business Cycle Fund Direct Growth
Kotak Debt Hybrid Fund Direct Growth
Kotak Quality Overseas Equity Omni FoF Direct Growth
Kotak Active Momentum Fund Direct Growth
Kotak Nifty G Sec July 2033 Index Fund Direct Growth
Kotak Multi Factor Passive FoF Direct Growth
Kotak Nifty SDL Jul 2026 Index Fund Direct Growth
Kotak Nifty 100 Low Volatility 30 Index Fund Direct Growth
Kotak Nifty 50 Index Fund Direct Growth
Kotak Gold Fund Direct Growth
Kotak Nifty Midcap 150 Index Fund Direct Growth
Kotak Manufacture in India Fund Direct Growth
Kotak Income Plus Arbitrage Omni FoF Direct Growth
Kotak Nifty Financial Services Ex Bank Index Fund Direct Growth
Kotak Multi Asset Omni FoF Direct Growth
Kotak Nifty Smallcap 50 Index Fund Direct Growth
Kotak Quant Fund Direct Growth
Kotak Equity Savings Fund Direct Growth
Kotak Nifty 100 Equal Weight Index Fund Direct Growth
Kotak CRISIL IBX AAA Financial Services Index Sep 2027 Fund Direct Growth
Kotak Nifty 50 Equal Weight Index Fund Direct Growth
Kotak Multi Asset Allocation Fund Direct Growth
Kotak Nifty200 Value 30 Index Fund Direct Growth
Kotak Rural Opportunities Fund Direct Growth
Kotak Nifty Alpha Low Volatility 30 Index Fund Direct Growth
Kotak Services Fund Direct Growth
Kotak Balanced Advantage Fund Direct Growth
Kotak BSE PSU Index Fund Direct Growth
Kotak Nifty SDL Jul 2033 Index Fund Direct Growth
Kotak Nifty 200 Momentum 30 Index Fund Direct Growth
Kotak Nifty India Tourism Index Fund Direct Growth
Kotak Nifty500 Momentum 50 Index Fund Direct Growth
Kotak BSE Sensex Index Fund Direct Growth
Kotak Nifty Midcap 50 Index Fund Direct Growth
Kotak Nifty Commodities Index Fund Direct Growth
Kotak Transportation & Logistics Fund Direct Growth
Kotak Silver ETF FoF Direct Growth
Kotak Nifty Top 10 Equal Weight Index Fund Direct Growth
Kotak Nifty Smallcap 250 Index Fund Direct Growth
Kotak Multi Asset Active FoF Direct Growth
Kotak Special Opportunities Fund Direct Growth
Kotak BSE Housing Index Fund Direct Growth
Kotak Gold Silver Passive FoF Direct Growth
Kotak Consumption Fund Direct Growth
Satish Dondapati
Aug 2026 - 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 Smallcap 50 Index Fund Direct Growth
Kotak Nifty 200 Quality 30 Index Fund Direct Growth
Kotak Nifty Alpha 50 Index Fund Direct Growth
Kotak Nifty 100 Equal Weight Index Fund Direct Growth
Kotak Nifty 50 Equal Weight Index Fund Direct Growth
Kotak Nifty200 Value 30 Index Fund Direct Growth
Kotak Nifty Alpha Low Volatility 30 Index Fund Direct Growth
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
Kotak BSE PSU Index Fund Direct Growth
Kotak Nifty 200 Momentum 30 Index Fund Direct Growth
Kotak Nifty India Tourism Index Fund Direct Growth
Kotak Nifty500 Momentum 50 Index Fund Direct Growth
Kotak BSE Sensex Index Fund Direct Growth
Kotak Nifty Midcap 50 Index Fund Direct Growth
Kotak Nifty Commodities Index Fund Direct Growth
Kotak Nifty Top 10 Equal Weight Index Fund Direct Growth
Kotak Nifty Smallcap 250 Index Fund Direct Growth
Kotak Nifty 100 Low Volatility 30 Index Fund Direct Growth
Kotak Nifty 50 Index Fund Direct Growth
Kotak BSE Housing Index Fund Direct Growth
Kotak Nifty Midcap 150 Index Fund Direct Growth
Kotak Nifty Financial Services Ex Bank Index Fund Direct Growth
Kotak Nifty Next 50 Index Fund Direct Growth
Jeetu Valechha Sonar
Aug 2026 - Present
View details
Education
Mr. Sonar is a Post Graduate Diploma in Management in Finance management
Experience
Prior to joining Kotak AMC Limited, he has worked as institutional dealer with Kotak Securities Ltd. and is part of Kotak Group since 2014.
Also manages these schemes
Kotak Nifty Smallcap 50 Index Fund Direct Growth
Kotak Nifty 200 Quality 30 Index Fund Direct Growth
Kotak Nifty Alpha 50 Index Fund Direct Growth
Kotak Nifty 100 Equal Weight Index Fund Direct Growth
Kotak Nifty 50 Equal Weight Index Fund Direct Growth
Kotak Multi Asset Allocation Fund Direct Growth
Kotak Nifty200 Value 30 Index Fund Direct Growth
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth
Kotak BSE PSU Index Fund Direct Growth
Kotak Nifty 200 Momentum 30 Index Fund Direct Growth
Kotak Nifty India Tourism Index Fund Direct Growth
Kotak Nifty500 Momentum 50 Index Fund Direct Growth
Kotak BSE Sensex Index Fund Direct Growth
Kotak Nifty Midcap 50 Index Fund Direct Growth
Kotak Nifty Commodities Index Fund Direct Growth
Kotak Silver ETF FoF Direct Growth
Kotak Nifty Top 10 Equal Weight Index Fund Direct Growth
Kotak Nifty Smallcap 250 Index Fund Direct Growth
Kotak Nifty 100 Low Volatility 30 Index Fund Direct Growth
Kotak Nifty 50 Index Fund Direct Growth
Kotak BSE Housing Index Fund Direct Growth
Kotak Gold Fund Direct Growth
Kotak Nifty Midcap 150 Index Fund Direct Growth
Kotak Nifty Financial Services Ex Bank Index Fund Direct Growth
Kotak Nifty Next 50 Index Fund Direct Growth
Fund house & investment objective
Kotak Mahindra Mutual Fund
Rank (total assets)#5 in India
Total AUM₹5,84,949.80Cr
Date of Incorporation05 Aug 1994
    Kotak Nifty Bank Index Fund Direct Growth is a -- 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 Bank Index Fund Direct Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹5,84,950 Cr and     the Latest NAV as of 03 Aug 2026 is ₹10.00.  

    The Kotak Nifty Bank Index Fund Direct Growth is rated Very High risk.     Minimum SIP Investment is set to ₹500.     Minimum Lumpsum Investment is ₹1,000.     
  ;
Investment ObjectiveThe scheme seeks to generate Passive Investment in equity and equity related securities replicating the composition of Nifty Bank Index, subject to tracking error. 
 
;
Fund benchmarkNIFTY Bank Total Return Index
Scheme Information Document(SID)
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
--
Website
https://www.kotakmf.com/
Peer ComparisonFund nameRating1Y3YFund Size(Cr)
Franklin India Mid Cap Fund Direct Growth
2
3.6%17.7%12,489.74
Nippon India Small Cap Fund Direct Growth
4
7.0%16.7%78,407.03
Franklin India Small Cap Fund Direct Growth
3
3.0%14.9%14,336.42
HDFC Small Cap Fund Direct Growth
3
0.0%12.6%40,416.80
Franklin India Technology Fund Direct Growth
--
-5.1%12.3%1,583.05

Rank (total assets)	#5 in India
Total AUM	₹5,84,949.80Cr

Date of Incorporation	05 Aug 1994

Fund benchmark	NIFTY Bank Total Return Index

Fund name	Rating	1Y	3Y	Fund Size(Cr)
Franklin India Mid Cap Fund Direct Growth	2	3.6%	17.7%	12,489.74
Nippon India Small Cap Fund Direct Growth	4	7.0%	16.7%	78,407.03
Franklin India Small Cap Fund Direct Growth	3	3.0%	14.9%	14,336.42
HDFC Small Cap Fund Direct Growth	3	0.0%	12.6%	40,416.80
Franklin India Technology Fund Direct Growth	--	-5.1%	12.3%	1,583.05