Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Index Funds/ETFs

Fund House : Kotak Mahindra Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 15.82 0.83%
(as on 09th October, 2025)

Crisil Rating

Not Rated

Rank not available for the fund

Fund Size

: ₹ 68.17 Cr

(0.02% of Investment in Category)

Expense Ratio

: 0.22%

(0.28% Category average)

Risk-O-Meter

Very High Risk

Index Funds/ETFs :Index Funds/ETFs : The fund has 99.82% investment in domestic equities of which 20.32% is in Large Cap stocks, 16.26% is in Mid Cap stocks, 10.77% in Small Cap stocks.

1M
3M
6M
1Y
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5Y
ALL

This Scheme

VS

Nifty Financial Services Ex-Bank TRI

3.21%

0.23%

19.21%

12.82%

22.77%

23.08%

22.93%
NA
1.27%

-0.15%

11.85%

1.5%

14.21%

18.76%

9.37%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

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Returns (NAV as on 08th October, 2025)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	01-Oct-25	10139.60	1.40%	-	0.73%	45/352
1 Month	08-Sep-25	10252.90	2.53%	-	1.07%	41/349
3 Month	08-Jul-25	9994.30	-0.06%	-	-0.64%	137/332
6 Month	08-Apr-25	11677.60	16.78%	-	11.03%	41/314
YTD	01-Jan-25	11900.80	19.01%	-	4.47%	9/285
1 Year	08-Oct-24	11231.20	12.31%	12.31%	1.52%	7/244
2 Year	06-Oct-23	14482.20	44.82%	20.25%	13.70%	23/185
Since Inception	14-Aug-23	15690.00	56.90%	23.27%	9.06%	14/342

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 08th October, 2025)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	08-Oct-24	12000	13372.31	11.44 %	21.82 %
2 Year	06-Oct-23	24000	29031.11	20.96 %	19.45 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

Please check with your Tax Advisor.

Portfolio (Updated on 31st Aug,2025)

Portfolio Turnover Ratio : 41.91% | Category average turnover ratio is 20.19%

Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)

Equity Holding : 99.82% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 99.82%

No of Stocks : 30 (Category Avg - 53.97) | Large Cap Investments : 20.32%| Mid Cap Investments : 16.26% | Small Cap Investments : 10.77% | Other : 52.47%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Bajaj Finance Ltd.	Non banking financial company (nbfc)	107.7	15.79%	0.38%	18.43% (Feb 2025)	13.61% (Nov 2024)	1.23 L	877.00
Bajaj Finserv Ltd	Holding company	48	7.04%	0.08%	7.91% (Mar 2025)	6.38% (Dec 2024)	25.06 k	193.00
Jio Financial Services Ltd.	Non banking financial company (nbfc)	47.1	6.91%	-0.19%	7.97% (Nov 2024)	5.26% (Feb 2025)	1.51 L	1.08 k
BSE Ltd.	Exchange and data platform	39.4	5.78%	-0.72%	7.17% (May 2025)	3.39% (Sep 2024)	18.79 k	145.00
HDFC Life Insurance Company Ltd.	Life insurance	38.2	5.60%	0.27%	5.63% (Apr 2025)	4.91% (Dec 2024)	49.45 k	365.00
Shriram Finance Ltd.	Non banking financial company (nbfc)	37.5	5.50%	-0.31%	6.78% (Sep 2024)	5.5% (Aug 2025)	64.59 k	470.00
SBI Life Insurance Co Ltd.	Life insurance	37.4	5.48%	0.05%	5.59% (Sep 2024)	4.63% (Dec 2024)	20.69 k	160.00
Cholamandalam Investment & Finance Co. Ltd.	Non banking financial company (nbfc)	27.6	4.05%	0.05%	4.64% (Mar 2025)	3.69% (Dec 2024)	19.43 k	151.00
PB Fintech Ltd.	Financial technology (fintech)	27.1	3.98%	0.02%	5.18% (Dec 2024)	3.48% (Sep 2024)	15.32 k	120.00
HDFC Asset Management Co. Ltd.	Asset management company	25.6	3.75%	-0.01%	3.76% (Jul 2025)	2.83% (Feb 2025)	4.69 k	52.00

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
TREPS	TREPS	0.29%
Net Receivables	Net Receivables	-0.11%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 01st January, 1970)

No data available. Ratios are only available for the funds which are 3 years old.

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
ICICI Prudential NASDAQ 100 Index Fund - Direct Plan - Growth	NA	2543.95	6.20	13.60	34.37	31.36	34.85
Navi US Nasdaq100 FOF - Direct Plan - Growth	NA	1070.90	6.20	13.94	34.51	31.33	35.16
Motilal Oswal Nifty India Defence Index Fund - Direct Plan - Growth	NA	3703.30	7.78	-8.38	32.76	23.60	0.00
Motilal Oswal S&P 500 Index Fund - Direct Plan Growth	NA	3886.69	4.39	11.79	26.84	23.57	25.27
Aditya Birla Sun Life Nifty India Defence Index Fund - Direct Plan - Growth	NA	651.03	7.72	-8.45	32.60	23.06	0.00
Tata Nifty Financial Services Index Fund - Direct Plan - Growth	NA	82.21	2.89	-1.05	11.24	13.56	0.00
Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - Growth	NA	68.17	3.16	0.19	18.97	12.21	0.00
Axis Nifty Bank Index Fund - Direct Plan - Growth	NA	135.79	3.63	-1.51	12.64	10.95	0.00
Motilal Oswal Nifty Bank Index Fund - Direct Plan - Growth	NA	613.60	3.61	-1.48	12.67	10.88	13.41
Navi Nifty Bank Index Fund - Direct Plan - Growth	NA	615.81	3.62	-1.53	12.62	10.80	13.34

Detailed Comparison

More Funds from Kotak Mahindra Mutual Fund

Out of 88 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 3 is/are ranked 4 * , 14 is/are ranked 3 * , 6 is/are ranked 2 * , 2 is/are ranked 1 * , and 62 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Kotak Arbitrage Fund - Direct Plan - Growth	5	72273.57	0.56	1.53	3.26	7.37	7.83
Kotak Midcap Fund - Direct Plan - Growth	3	56988.32	2.17	1.82	24.15	5.30	23.21
Kotak Flexi Cap Fund - Direct Plan - Growth	3	53625.83	1.80	-1.87	15.53	4.21	18.30
Kotak Liquid Fund - Direct Plan - Growth	2	40674.68	0.49	1.44	3.08	6.87	7.08
Kotak Money Market Fund - Direct Plan - Growth	3	35644.06	0.59	1.47	3.57	7.81	7.63
Kotak Large & Midcap Fund - Direct Plan - Growth	3	27654.67	2.07	-0.18	16.20	1.86	20.49
Kotak Multicap Fund - Direct Plan - Growth	3	19227.04	3.04	3.05	18.00	2.19	25.31
Kotak Bond Short Term Plan - Direct Plan - Growth	4	18229.73	0.83	1.32	3.84	8.64	8.20
Kotak Corporate Bond Fund - Direct Plan - Growth	3	17612.03	0.90	1.39	3.98	8.76	8.20
Kotak Small Cap Fund - Direct Plan - Growth	2	17508.37	-1.07	-3.35	14.79	-7.84	16.87

All funds

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NITINPIMPALE
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8 hrs ago

purchase unit will adjust difference in NAV 10.263 View more

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  purchase unit will adjust difference in NAV 10.263
  
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krishna_ksvs
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12 days ago

View more

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The Fixed Income
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12 hrs ago

Secure Your Savings with a High-Return PSU Bond 9.30% THE ANDHRA PRADESH MINERAL DEVELOPMENT CORPORATION LIMITED 2032 ✔️ Coupon: 9.30% p.a. ✔️ Rating: INDIA RATING AA(CE) Stable, Acuite (SMERA) AA(CE) Stable ✔️ Tenor: 6y 6m (Maturity: 07/May/2032) ✔️ Senior Secured | PSU Bond | High Return Bond | Listed Invest with confidence in a PSU-backed bond and grow your portfolio steadily. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJDcllRPT0=/930-the-andhra-pradesh-mineral-development-corporation-limited-2032?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

Posted by : The Fixed Income
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  Secure Your Savings with a High-Return PSU Bond 9.30% THE ANDHRA PRADESH MINERAL DEVELOPMENT CORPORATION LIMITED 2032 ✔️ Coupon: 9.30% p.a. ✔️ Rating: INDIA RATING AA(CE) Stable, Acuite (SMERA) AA(CE) Stable ✔️ Tenor: 6y 6m (Maturity: 07/May/2032) ✔️ Senior Secured | PSU Bond | High Return Bond | Listed Invest with confidence in a PSU-backed bond and grow your portfolio steadily. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJDcllRPT0=/930-the-andhra-pradesh-mineral-development-corporation-limited-2032?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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shravanashok
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62 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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  need your suggestion for sbi psu fund direct growth stay or switch
  
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ravisistla
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75 days ago

Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know. View more

Posted by : ravisistla
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  Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know.
  
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sunny85deol
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113 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

Posted by : sunny85deol
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  Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV.
  
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