First slide
iNAV as on 06-Jun-2023
₹ 29.8216
₹ -0.57 (-1.87%)
CAGRinfo_imgSince inception
7.4%
info_img
Overview
If you had invested
as on

would have grown to ₹ 1175
as of

i.e. 7.40 % CAGR

For Lumpsum Investments, Scheme Inception date is 02/03/2021. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 02/03/2021. Different plans have different expense structure. The performance details provided herein are of regular plan Past performance may or may not be sus...

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About Kotak Nifty IT ETF
  • The investment objective of the scheme is to replicate the composition of the NIFTY IT Index, and generate returns that are commensurate with the performance of the NIFTY IT Index, subject to tracking errors
  • The scheme will follow passive investment strategy with investments in stocks in the same proportion as in NIFTY IT Index to achieve the investment objective.
  • The investment strategy would revolve around reducing the tracking error to the least possible by rebalancing the portfolio, considering the change in weights of stocks in the Index and the incremental collections/redemptions from the scheme.
Portfolio
SectorPortfolio weight
IT - Software
97.96 %
IT - Services
2 %
Net Current Assets
0.04 %

IT - Software

97.96 %

Performance
Fund Vs Benchmark Returns as on   
Trailing ReturnsSince Inception10Y7Y5Y3Y1Y6M3M1M1W1 DayYTD
Kotak Nifty IT ETF7.40-----1.94%-5.25%-4.53%3.82%-1.76%-1.87%0.42%
Nifty IT TRI7.78-----1.92%-5.13%-4.47%3.84%-1.77%-1.88%0.46%

Scheme Inception date is 02/03/2021. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 02/03/2021. 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 payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. RRead More

As on Jun 6, 2023

Historical Returns (as per SEBI format) as on   
TenorsCAGRCurrent Value of ₹ 10,000 invested
Since Inception5Y3Y1YSince Inception5Y3Y1Y
Nifty IT TRI7.78%---1.92%11,848.90--9,808.24
Kotak Nifty IT ETF7.40%---1.94%11,753.56--9,805.74

Scheme Inception date is 02/03/2021. Mr. Devender Singhal & Mr. Satish Dondapati has been managing the fund since 02/03/2021. 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 payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. RRead More

As on Jun 6, 2023

Rolling Returns
 10 Year7 Year5 Year3 Year1 Year
Average-----4.01
Maximum---- 45.23
Minimum---- -26.57
% times +ve returns0.000.000.000.0026.75
% times returns > 0.000.000.000.0021.34

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

NAV Movement img Download img

Nav movement shows Nav and Index price of Kotak Nifty IT ETF 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.

calculate creation unit
Kotak Nifty IT ETF Creation Unit
Creation Unit For : 06/06/2023
Basket of Securities comprising Sensex Index
SecurityQuantityPrice 
Coforge Limited214415.50 
HCL Technologies Ltd.2521128.60 
Infosys Ltd.5511279 
L&T Technology Services Ltd163842.10 
LTIMindtree Limited524884.85 
Mphasis Ltd471914.40 
Persistent Systems Limited294981.05 
Tata Consultancy Services Ltd.2433232.30 
Tech Mahindra Ltd.2401086.25 
Wipro Ltd.734399.95 
Total Basket Value
2971486.95
NAV as on : 06/06/2023
29.8216
Cash Component Per Unit
0.1067
Note :
  1. Transaction charges payable by the investor is per creation request and will be as determined by the AMC at the time of transaction.
  2. The MF STT, NSDL & Upload charges will be at actuals.
  3. The above creation unit is for 100000 units of Kotak Nifty IT ETF.
  4. Cash component is an indicative amount and will be collected/paid as applicable on the date of purchase/redemption. Cash Component of the previous day (based on last NAV) will be applied on Creation / redemption of units in cash during the day.
Details
Fund Managers
Mr. Devender Singhal See All Funds Managed
Mr. Satish Dondapati See All Funds Managed
Portfolio turnover ratio
302.96%
Tracking Error
0.19 %
Expense Ratio (Direct) **
0.00%
Expense Ratio (Regular) **
0.00 %

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.

Regular Plan Options:
Through Exchange: 1 Units
Through AMC: 100000 Units
Ideal Investments Horizon: 3 Years and above
Entry Load: Nil.(Applicable for all plans)
Exit Load: Nil (applicable for all plans)
Graph
Fund
Graph
Tier 1 Benchmark
Kotak Nifty IT ETF (An open ended scheme replicating/ tracking NIFTY IT Index)
This open ended fund Scheme is suitable for investors seeking
  1. Long term capital growth
  2. Investment in stocks comprising the underlying index and endeavours to track the benchmark index
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them
© Kotak Mutual Fund.2022
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
© Kotak Mutual Fund.2022
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
© Kotak Mutual Fund.2022
Mutual fund investments are subject to market risks, read all scheme related documents carefully.