| Launch date | 07 Apr 2025 |
| Allotment date | 28 Apr 2025 |
| End date | 21 Apr 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | Not Supported |
| Min. for 2nd investment onwards | Not Supported |
| Min. for SIP | Not Supported |
Fund management
Abhishek BisenApr 2025 - PresentView details
Devender SinghalApr 2025 - PresentView details
Satish DondapatiApr 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #5 in India |
|---|---|
| Total AUM | ₹4,73,887.31Cr |
| Date of Incorporation | 05 Aug 1994 |
|---|
Kotak Nifty Top 10 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 Top 10 Equal Weight Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,73,887 Cr and the Latest NAV as of 07 Apr 2025 is ₹10.00. The Kotak Nifty Top 10 Equal Weight Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹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 Top 10 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 | 8.9% | 20.8% | 37,546.38 |
ICICI Prudential Bluechip Fund Direct Growth | 5 | 10.4% | 18.5% | 64,962.52 |
Edelweiss Large Cap Fund Direct Growth | 4 | 8.9% | 16.9% | 1,156.58 |
Bandhan Large Cap Fund Direct Growth | 4 | 10.5% | 16.6% | 1,765.87 |
Canara Robeco Bluechip Equity Fund Direct Growth | 4 | 13.3% | 16.5% | 14,965.25 |
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