| 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 19.00
ICICI Bank Ltd. Banks 14.11
Axis Bank Ltd. Banks 10.01
STATE BANK OF INDIA Banks 9.94
KOTAK MAHINDRA BANK LTD. Banks 9.73
FEDERAL BANK LTD. Banks 6.18
IndusInd Bank Ltd. Banks 4.80
AU Small Finance Bank Ltd. Banks 4.49
Bank Of Baroda Banks 4.45
CANARA BANK Banks 4.06
IDFC First Bank Limited Banks 3.80
PUNJAB NATIONAL BANK Banks 3.38
UNION BANK OF INDIA Banks 3.09
YES BANK LTD Banks 2.95
Equity & Equity related - Total 99.99
Triparty Repo 0.28
Net Current Assets/(Liabilities) -0.27
Grand Total 100.00

Net Asset Value (NAV)
Payout of IDCW Rs51.9627
(as on March 31, 2026)

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. Mr. Satish Dondapati,
Mr. Jeetu Valechha Sonar
BenchmarkNifty Bank Index TRI
Allotment dateDecember 04, 2014
AAUMRs5,546.79
AUMRs4,394.97
Folio count30,311

Ratios
Portfolio Turnover57.32%
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 March, 2026 unless otherwise specified
Folio Count data as on 28th February 2026.

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 and SEBI/HO/IMD-POD-2/P/OW/2025/22818/1 dated August 26, 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'