Kotak Nifty Financial Services Ex-Bank Index Fund Direct - Growth
NFO is closed for investment
Minimum investment amount
It is the smallest value amount for which an investor can purchase a mutual fund. It can vary for each mutual fund.
Mutual fund calculator
The calculator shows the investment corpus accumulated if you had started SIP or lumpsum investment in the fund for the selected period, basis the past performance.
Our mutual fund calculator has been designed to help you understand indicative returns on this fund based on past performance.
Peer comparison
To help you make informed investment decision, here is a list of other fund options in the same category with similar returns.
Expense ratio, exit load & taxation as on
Hereunder are applicable charges and tax obligations that may apply to you.
Tax & TDS are subject to applicable surcharge and health & education cess at the rate of 4%.
0.0%
The expense ratio refers to how much of a fund's assets are used towards administrative and other operating expenses.
The expense ratio refers to how much of a fund's assets are used towards administrative and other operating expenses.
Expense ratio
Exit load – Charge applied to mutual fund redemptions before the designated investment period.
Exit load for the fund is
0%
Exit load – Charge applied to mutual fund redemptions before the designated investment period.
Exit load for the fund is
0%Exit load
Taxation
STCG: 15%
The Short term capital gains (STCG) is eligbile for taxation of 15% + Surcharge@10% or 15% + 4% Health & education Cess =17.16% or 17.94%
The Short term capital gains (STCG) is eligbile for taxation of 15% + Surcharge@10% or 15% + 4% Health & education Cess =17.16% or 17.94%
(Duration of Investment < 12 months)
LTCG: 10%
Long term capital gains (LTCG) of more than Rs. 1 Lakh is applicable for taxation of 10% without indexation & without Foreign currency conversion benefit + Surcharge @10% or 15% + 4% Health & Education cess = 11.44% & 11.96%
Long term capital gains (LTCG) of more than Rs. 1 Lakh is applicable for taxation of 10% without indexation & without Foreign currency conversion benefit + Surcharge @10% or 15% + 4% Health & Education cess = 11.44% & 11.96%
(Duration of Investment < 12 months)
Riskometer
Low
Moderatly Low
Moderate
Moderatly High
High
Very High
What it shows and how to interpret it?
-
Riskometer stipulated by SEBI reflects the current risk of the scheme at a given point of time.
-
The meter categorizes the schemes under different levels of risk based on the respective scheme’s asset allocation pattern.
-
For each mutual fund, the risk can range from low to very high, as depicted by different colours in the riskometer.
-
The graph's arrow shows the risk level associated with this fund.
About mutual fund
Scheme details
Category
equity: sectoral-banking
Launch date
24 July, 2023
Fund type
Open End
Lock in period
NA
Additional details
AUM
₹
0.00 Cr
Assets Under Management (AUM) is the total market value of the investments that the fund manages on behalf of the unitholders.
Assets Under Management (AUM) is the total market value of the investments that the fund manages on behalf of the unitholders.
Benchmark index
Nifty Financial Services Ex-Bank TRI
It is an unmanaged group of securities which are considered as a 'benchmark' to measure a fund's/stock's performance.
It is an unmanaged group of securities which are considered as a 'benchmark' to measure a fund's/stock's performance.
Portfolio turnover
Not available
It is an indicator of how quickly fund managers buy and sell the specific assets and securities within the fund in a specified period.
It is an indicator of how quickly fund managers buy and sell the specific assets and securities within the fund in a specified period.
About AMC
AUM :
334396.79759252
No. Of Schemes :
64
Since Inception :
29 Years
Fund manager(s)
Every mutual fund has experienced professionals that manage your funds.
Abhishek Bisen
Managing Since: 2023
Devender Singhal
Managing Since: 2023
Satish Dondapati
Managing Since: 2023
Performance ratios
Performance ratios
It is a statistical value that illustrates the average returns generated by a fund over a specified duration, such as one month, six months, one year, etc.
Alpha is the excess returns relative to market benchmark for a given amount of risk taken by the scheme.
Beta of a mutual fund scheme is the volatility of the scheme relative to its market benchmark.
It is a statistical tool that measures the deviation or dispersion of the data from the mean or average.
The Sharpe ratio is a measure of an investment's return after taking into consideration all the inherent risks.
Sortino ratio is the statistical tool that measures the performance of the investment relative to the downward deviation.
What are performance ratios?
Before investing in a mutual fund, it is important to analyse its performance based on certain parameters. Mentioned are some key ratios to help you evaluate the performance of the mutual fund. Click on the info icon to know what each parameter signifies.
