Kotak Nifty Bank Index Fund: Key Details & Investment Info
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Key Highlights
Explore the Kotak Nifty Bank Index Fund Direct-Growth. Learn about its objective to replicate the Nifty Bank Index, minimum investment, and fund managers.
The Kotak Nifty Bank Index Fund Direct-Growth has emerged as a new offering, structured as an equity sectoral scheme with a distinct focus on Banking & Financial Services. Its core objective is to passively replicate the performance and composition of the Nifty Bank Index, striving to minimise tracking error against its benchmark, the NIFTY Bank Total Return Index.
Fund Management and Investment Structure
This scheme falls under the Equity: Sectoral-Banking & Financial Services category. It aims to mirror the Nifty Bank Index precisely for investors seeking exposure to the sector.
- The fund is managed by Abhishek Bisen, Satish Dondapati, and Jeetu Valechha Sonar.
- All three fund managers have been overseeing the fund since August 2026.
Key Investment Minimums
For investors considering this fund, specific minimum investment thresholds have been established.
- Minimum initial investment stands at ₹1000.
- Minimum (SIP) contribution is set at ₹500.
Undisclosed Performance Metrics
As of the latest information, comprehensive scheme data remains unavailable. This includes critical metrics typically associated with mutual fund analysis.
- Asset Under Management ()
- Expense ratio
- Fund performance (, trailing returns, SIP returns)
- Top holdings
- Asset allocation percentages
The Kotak Nifty Bank Index Fund Direct-Growth thus presents an opportunity for passive exposure to the banking sector, with its operational details and management team outlined, pending the release of full performance data.