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
- 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
Peers
Peers & Comparison
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EquityIndex Fund Frequently asked questions
Frequently asked questions
What is Kotak Nifty Bank Index Fund?
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.
What is the open date of Kotak Nifty Bank Index Fund NFO?
The NFO of Kotak Nifty Bank Index Fund opens for subscription on 03 Aug 2026.
What is the close date of Kotak Nifty Bank Index Fund NFO?
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.
What is the minimum lumpsum investment in Kotak Nifty Bank Index Fund?
The minimum lumpsum investment in Kotak Nifty Bank Index Fund is ₹1,000.
What is the minimum SIP amount for Kotak Nifty Bank Index Fund?
The minimum SIP amount for Kotak Nifty Bank Index Fund is ₹500 per SIP installment.
Who is the fund manager of Kotak Nifty Bank Index Fund?
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.
Is Kotak Nifty Bank Index Fund a good investment?
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.
What type of fund is Kotak Nifty Bank Index Fund?
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).
Is there a lock-in period or exit load for Kotak Nifty Bank Index Fund?
Kotak Nifty Bank Index Fund has no lock-in period and an exit load of 0% if redeemed within any holding period of investment.