Kotak Nifty Next 50 Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 64.2 | 21.91 | N/A | N/A |
Average Rolling Returns(%) | 11.74 | N/A | N/A | N/A |
The Current NAV of Kotak Nifty Next 50 Index Fund - Growth - Direct Plan is ₹18.53.
It is better to invest in a fund with a longer track record as Kotak Nifty Next 50 Index Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY NEXT 50 - TRI returns, as Funds portfolio is significantly different.
Kotak Nifty Next 50 Index Fund - Growth - Direct Plan fund’s expense ratio is 0.34%
The process for redemption is
The AUM of Kotak Nifty Next 50 Index Fund - Growth - Direct Plan is currently ₹172 Crores.
The Top three stocks are Trent, Bharat Electronics and Tata Power and account for 12% of its portfolio. Top 5 and 10 stocks of fund account for 19% and 34% of fund’s portfolio respectively.
Top three sectors of Kotak Nifty Next 50 Index Fund - Growth - Direct Plan fund are BFSI, Capital Goods and Construction & Infrastructure accounting for 51% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Index Funds - Nifty Next 50 it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Kotak Nifty Next 50 Index Fund - Growth - Direct Plan Fund is Index Funds - Nifty Next 50.
Devender Singhal and Satish Dondapati manage the Kotak Nifty Next 50 Index Fund - Growth - Direct Plan Fund.
Kotak Nifty Next 50 Index Fund - Growth - Direct Plan current PE ratio is 59.77 and PB ratio is 10.13
The asset allocation of Kotak Nifty Next 50 Index Fund - Growth - Direct Plan is Stocks : 99.79%, Debt : 0.22% and Gold : 0%
The minimum SIP amount for Kotak Nifty Next 50 Index Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹100.00
The exit load for Kotak Nifty Next 50 Index Fund - Growth - Direct Plan is Nil