FAQ : Kotak Nifty Next 50 Index Fund - Growth - Direct Plan

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(%) 56.76 N/A N/A N/A
Average Rolling Returns(%) 9.59 N/A N/A N/A

The Current NAV of Kotak Nifty Next 50 Index Fund - Growth - Direct Plan is ₹17.52.

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

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Kotak Nifty Next 50 Index Fund - Growth - Direct Plan is currently ₹163 Crores.

The Top three stocks are Trent, Bharat Electronics and Shriram Finance and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 20% and 35% of fund’s portfolio respectively.

Top three sectors of Kotak Nifty Next 50 Index Fund - Growth - Direct Plan fund are BFSI, Construction & Infrastructure and Capital Goods accounting for 48% 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 61.16 and PB ratio is 10.52

The asset allocation of Kotak Nifty Next 50 Index Fund - Growth - Direct Plan is Stocks : 99.79%, Debt : 0.20% 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

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