Kotak Nifty Bank Index Fund
Kotak Mahindra Mutual Fund · Index Fund · Regular plan, growth option
| Period | Scheme | Category median | Sector: Banking & financial services median |
|---|---|---|---|
| 1 month | n/a | -6.5% | -5.2% |
| 3 months | n/a | -5.3% | -6.2% |
| 6 months | n/a | 5.2% | 6.0% |
| Year to date | n/a | -7.2% | -8.7% |
| 1 year | n/a | -3.6% | -1.9% |
| 3 years (CAGR) | n/a | 9.0% | 8.2% |
| 5 years (CAGR) | n/a | 6.8% | 7.7% |
| 7 years (CAGR) | n/a | 10.9% | 9.1% |
| 10 years (CAGR) | n/a | 10.5% | n/a |
| Since first NAV (CAGR) | n/a | – | – |
“Sector: Banking & financial services” is MFIC's grouping of Index Fund schemes by the theme or index in their names, not an AMFI category.
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | n/a | 6.8% |
| 3Y rolling median | n/a | 16.2% |
| 3Y rolling worst | n/a | 8.4% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 12.9% |
| 5Y rolling worst | n/a | 5.9% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | n/a | 17.6% |
| Sharpe ratio | n/a | 0.22 |
| Sortino ratio | n/a | 0.31 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | n/a | −19.1% |
| Maximum drawdown, last 10Y | n/a | −38.1% |
| Maximum drawdown, last 5Y | n/a | −17.9% |
| Current drawdown | n/a | −11.5% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme aim to track one of the markets below, so its level, valuation and recent path are the main drivers of returns.
- P/E 12.9: higher than 3% of days since 2023 (median 14.9)
- 1Y −1.2% · 3Y +7.5% p.a. · 5Y +8.5% p.a. (index fund NAV, after costs)
- −11.5% from its 52-week high
- P/E 15.1: higher than 0% of days since 2023 (median 17.1)
- 1Y −6.9% · 3Y n/a p.a. · 5Y n/a p.a. (index fund NAV, after costs)
- −13.7% from its 52-week high (proxy NAV)
- P/E 16.5: higher than 39% of days since 2023 (median 17.0)
- 1Y −1.1% · 3Y n/a p.a. · 5Y n/a p.a. (index fund NAV, after costs)
- −8.5% from its 52-week high (proxy NAV)
- P/E 7.2: higher than 19% of days since 2023 (median 8.0)
- 1Y +6.1% · 3Y +14.9% p.a. · 5Y +26.6% p.a. (index fund NAV, after costs)
- −19.7% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
The Regular plan's expense ratio is 4.91% a year and the Direct plan's 4.58%, a gap of 0.33%. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹4,97,476.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
- 13 Sep 2026: TER reduced from 4.92% to 4.91% (AMFI TER disclosure)
| Fund manager | Role | Managing since |
|---|---|---|
| Satish Dondapati | 21 Aug 2026 | |
| Jeetu Valechha Sonar | 21 Aug 2026 | |
| amp | 21 Aug 2026 | |
| Abhishek Bisen | 21 Aug 2026 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 4.91% | 1.10% |
| AUM, whole scheme (₹ crore) | n/a | 159 |
| Riskometer | n/a | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|
Category consistency: last 10 years of month-ends, Index Fund Regular plans; how it is calculated.
- What is the latest NAV of Kotak Nifty Bank Index Fund?
- The NAV of the Regular plan (growth option) was ₹9.4300 on 1 Oct 2026, as published by AMFI.
- Which category is Kotak Nifty Bank Index Fund in?
- It is classified as Index Fund in AMFI's daily NAV file; a Index Fund scheme passively tracks a stated index. MFIC compares it with 276 Index Fund schemes (Regular plans).
- What is the expense ratio (TER) of Kotak Nifty Bank Index Fund?
- The total expense ratio of the Regular plan is 4.91% a year, as disclosed to AMFI (median of Index Fund Regular plans: 1.10%). It is already deducted from the NAV, so every return shown is after expenses.
- Who manages Kotak Nifty Bank Index Fund?
- According to its Scheme Summary Document, Kotak Nifty Bank Index Fund is managed by Satish Dondapati (since 21 Aug 2026), Jeetu Valechha Sonar (since 21 Aug 2026), amp (since 21 Aug 2026), Abhishek Bisen (since 21 Aug 2026).
- What is the minimum investment in Kotak Nifty Bank Index Fund?
- The minimum application amount is Rs. 1000/-. SIP details: SIP - Rs. Rs. 500/- (Subject to a minimum of 2 SIP instalments of Rs.500/- each) SWP - Rs. 500 STP - Rs. 500.
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