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Kotak Nifty Bank Index Fund

Growth

EquityIndex Fund
Very High RiskPrincipal investment will be at very high risk

Key Offer Details

Opening date
03 Aug 2026
Closing date
17 Aug 2026
Scheme type
Open-Ended
NAV
₹10
Min. invst.
₹1,000
Min. SIP
₹1,000

About Index Fund

Index funds invests in stocks that emulate a market index like NSE Nifty, BSE Sensex, etc. They invest in the same securities which are present in underlying index. These funds aim to offer returns comparable to the index they track.

Scheme Info

Plan
Direct
Lock in
None
Exit Load
0%
NIL
Expense Ratio
0%
Benchmark
NIFTY BANK - TRI

Scheme Objective

Kotak Nifty Bank Index Fund Passive Investment in equity and equity related securities replicating the composition of Nifty Bank Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.

AMC Profile

Kotak Mahindra Asset Management Company Limited (KMAMC), a wholly owned subsidiary of Kotak Mahindra bank Limited (KMBL), is the Asset Manager for Kotak Mahindra Mutual Fund (KMMF). KMAMC has approximately 21 Lac investors in various schemes.

Total AUM
₹ 5,92,899.61 Cr
No. of schemes
96

Manager Profile

Peers

Peers

Peers & Comparison

Comparing 4 mutual funds from 
EquityIndex Fund
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Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
UTI Nifty 50 Index Fund-0.44%8.80%11.79%
HDFC Nifty 50 Index Fund-0.53%8.75%11.89%
ICICI Pru Nifty 50 Index Fund(IDCW Payout)-0.48%8.75%11.91%
SBI Nifty Index Fund(IDCW-Payout)-0.52%8.76%11.52%

Frequently asked questions

Frequently asked questions

  1. Kotak Nifty Bank Index Fund is an open-ended Index Fund scheme launched by Kotak Mahindra Asset Management Company Limited, investing primarily in Equity. It is benchmarked against NIFTY BANK - TRI and offered in Direct and Regular plans with Growth and IDCW options.

  2. The NFO of Kotak Nifty Bank Index Fund opens for subscription on 03 Aug 2026.

  3. The NFO of Kotak Nifty Bank Index Fund closes for subscription on 17 Aug 2026. Applications must be submitted before this date for allotment at the NFO offer price.

  4. The minimum lumpsum investment in Kotak Nifty Bank Index Fund is ₹1,000.

  5. The minimum SIP amount for Kotak Nifty Bank Index Fund is ₹500 per SIP installment.

  1. Kotak Nifty Bank Index Fund is managed by Satish Dondapati, Jeetu Valechha Sonar, Abhishek Bisen, who has 10 years of fund management experience and also manages 69 other schemes at Kotak Mahindra Asset Management Company Limited.

  2. Kotak Nifty Bank Index Fund is a new scheme with no performance track record yet, so it should be evaluated on Satish Dondapati, Jeetu Valechha Sonar, Abhishek Bisen's experience, Kotak Mahindra Asset Management Company Limited's record on similar schemes, the fund's Equity strategy, and fit with an investor's existing portfolio — not past returns.

  3. Kotak Nifty Bank Index Fund is categorized as a Index Fund scheme under SEBI's mutual fund classification — investing at least 35% each in large-cap and mid-cap stocks (for Large & Mid Cap funds).

  4. Kotak Nifty Bank Index Fund has no lock-in period and an exit load of 0% if redeemed within any holding period of investment.