| KOTAK NIFTY BANK ETF
An open ended scheme replicating / tracking Nifty Bank index
• NSE Symbol - BANKNIFTY1
• BSE Scrip Code - 590136
| KOTAK NIFTY BANK ETF
An open ended scheme replicating / tracking Nifty Bank index
• NSE Symbol - BANKNIFTY1
• BSE Scrip Code - 590136

      

      
Investment Objective
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of stocks as represented by the Nifty Bank Index subject to tracking errors. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of stocks as represented by the Nifty Bank Index subject to tracking errors. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

Issuer/Instrument Industry/Rating % to Net
Assets

Equity & Equity Related
HDFC Bank Ltd. Banks 28.97
ICICI Bank Ltd. Banks 26.36
STATE BANK OF INDIA Banks 8.63
Kotak Mahindra Bank Ltd. Banks 7.80
Axis Bank Ltd. Banks 7.63
IndusInd Bank Ltd. Banks 3.47
FEDERAL BANK LTD. Banks 3.28
IDFC First Bank Limited Banks 3.00
Bank Of Baroda Banks 2.91
AU Small Finance Bank Ltd. Banks 2.75
PUNJAB NATIONAL BANK Banks 2.40
CANARA BANK Banks 2.39
Equity & Equity related - Total 99.59
Triparty Repo 0.02
Net Current Assets/(Liabilities) 0.39
Grand Total 100.00

Net Asset Value (NAV)
Payout of IDCW Rs577.8709
(as on July 31, 2025)

Available Plans/Options

The Scheme does not offer any Plans. Options - Payout of Income Distribution cum Capital Withdrawal (IDCW).

IDCW Frequency

Trustee’s Discretion


Fund Manager*Mr. Devender Singhal & Mr. Satish Dondapati
BenchmarkNifty Bank Index TRI
Allotment dateDecember 04, 2014
AAUMRs5,432.18
AUMRs5,351.92
Folio count30,122

Ratios
Portfolio Turnover29.69%
Tracking Error:0.03%

Minimum Investment Amount

Through Exchange:1 Unit,
Through AMC: Greater than Rs. 25 Crore - For Large Investors***

Ideal Investments Horizon

• 5 years & above


Load Structure

Entry Load: Nil.
Exit Load: Nil.


Total Expense Ratio**
0.15%

Data as on 31st July, 2025 unless otherwise specified
Folio Count data as on 30th June 2025.

Fund



Benchmark : Nifty Bank Index TRI


This product is suitable for investors who are seeking*:
  • Long term capital growth
  • Investment in stocks comprising the underlying index and endeavours to track the benchmark index, subject to tracking errors.

* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

For latest Riskometer, investors may refer to an addendum issued or updated on website at www.kotakmf.com


***Not applicable to Recognised Provident Funds, approved gratuity funds and approved superannuation funds under Income Tax Act, 1961, Schemes managed by Employee Provident Fund Organisation of India and Market Makers as per para 3.6.2.1 and 3.6.2.2 of SEBI Master Circular no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024 as amended from time to time along with SEBI letter no. SEBI/HO/IMD- POD- 2/P/OW/2024/15311/1 dated April 26, 2024, SEBI letter no. SEBI/HO/IMD- POD-2/P/OW/2024/34080/1 dated October 29, 2024 and SEBI/HO/IMD- POD-2/P/OW/2024/6441/1 dated February 28, 2025.
**Total Expense Ratio includes applicable GST.
* For Fund Manager experience, please refer 'For Regular Plan' & 'For Direct Plan'
For scheme performance, please refer 'For Regular Plan' & 'For Direct Plan'