Kotak Nifty Next 50 Index Fund

An open ended scheme replicating/tracking Nifty Next 50 Index

CAGR

inception 20.67%

CAGR

Since inception

20.67%

Overview

Lumpsum

SIP

If you had invested ₹

as on

would have grown to ₹ 1800

as of

i.e. 20.98 % CAGR

Scheme Inception date is 10/03/2021. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 10/03/2021. Different plans have different expense structure. The performance details provided herein are of regular plan Past performance may or may not be sustained in future. All payo...

About Kotak Nifty Next 50 Index Fund

The investment objective of the scheme is to replicate the composition of the Nifty Next 50 and to generate returns that are commensurate with the performance of the NIFTY Next 50 Index, subject to tracking errors
Well diversified large cap index with the potential to give superior returns with relatively lesser risk.
Though it has underperformed Nifty 50 in the last 2-3 years, it has displayed long term outperformance.

Sector	Portfolio weight
Finance	12.78 %
Retailing	10 %
Aerospace and Defense	7.4 %
Banks	6.87 %
Personal Products	6.28 %
Power	6.05 %
Chemicals and Petrochemicals	4.58 %
Electrical Equipment	4.48 %
Insurance	4.05 %
Cement and Cement Products	3.89 %

Finance

12.78 %

Performance

Fund Vs Benchmark Returns as on

Trailing Returns	Since Inception		10Y	7Y	5Y	3Y	1Y	6M	3M	1M	1W	1 Day	YTD
Kotak Nifty Next 50 Index Fund (G)	20.98	-	-	-	21.53%	64.75%	40.41%	17.00%	4.92%	1.42%	0.84%	2.72%
Nifty Next 50 TRI	22.01	-	-	-	22.45%	66.39%	41.15%	17.32%	5.04%	1.45%	0.85%	2.74%

As on Apr 10, 2024

Historical Returns (as per SEBI format) as on

Tenors	CAGR					Current Value of ₹ 10,000 invested
Tenors	Since Inception	5Y	3Y	1Y	6 M	Since Inception	5Y	3Y	1Y	6 M
Kotak Nifty Next 50 Index Fund (G)	20.98%	-	21.53%	64.75%	40.41%	18,004.70	-	17,951.21	16,474.54	14,040.94
Nifty Next 50 TRI	22.01%	-	22.45%	66.39%	41.15%	18,484.71	-	18,358.67	16,639.49	14,114.83

As on Apr 10, 2024

Rolling Returns

		10 Year	7 Year	5 Year	3 Year
Average	-	-	-	20.33	10.59
Maximum	-	-	-	22.23	64.75
Minimum	-	-	-	17.60	-12.16
% times +ve returns	0.00	0.00	0.00	100	73.84
% times returns >	0.00	0.00	0.00	100	42.64

The returns are of Regular Growth Plan. Returns are calculated since inception with daily rolling frequency for the respective periods.

NAV Movement Download

From

Nav movement shows Nav and Index price of Kotak Nifty Next 50 Index Fund since inception. The Scrollbar at the bottom allows user to select range in which he wishes to view the plot. For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied. Investment on inception date can happen on a non-business day.

Details

Benchmark Nifty Next 50 Index TRI

AUM: ₹ 171 Cr. As on 31-Mar-2024

Allotment date: March 10, 2021

AAUM: ₹ 166 Cr. As on 31-Mar-2024

Fund Managers

Mr. Devender Singhal See All Funds Managed

Mr. Satish Dondapati See All Funds Managed

Key Ratios as on -

Portfolio turnover ratio

39.39%

Expense Ratio (Direct) **

0.34

Expense Ratio (Regular) **

0.83

Source: *ICRA MFI Explorer ## Risk rate assumed to be % (FBIL Overnight MIBOR rate as on NA) **Total Expense Ratio includes applicable B30 fee and GST.

Source: *ICRA MFI Explorer

## Risk rate assumed to be %

(FBIL Overnight MIBOR rate as on NA)

**Total Expense Ratio includes applicable B30 fee and GST.

Available Plans/Options

A) Regular Plan B) Direct PlanOptions: Payout of IDCW, Reinvestment of IDCW & Growth (applicable for all plans)

Minimum Investment Amount

Initial Investment: Rs100 and any amount thereafter

Additional Investment: Rs100 and any amount thereafter

Ideal Investments Horizon: 5 years & above

Load Structure

Entry Load: Nil