Bigger bang for your buck.
Mutual Funds – it can’t get bigger than this!
  • Kotak Nifty ETF

    Kotak Nifty ETF
    Dividend Yearly
    NA
    Category
    Equity - ETF
    52-week NAV high
    128.82  (As on 28-08-2018)
    52-week NAV low
    108.94  (As on 23-03-2018)
    Expense
    0.1%  (As on 30-11-2018)

    Performance

    1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
    Fund Returns -0.35 -6.43 -1.52 3.46 14.26 12.82 7.47 12.10 -
    Scheme Details
    Fund Type
    Open Ended
    Investment Plan
    Growth
    Bonus
    NA
    Launch Date
    Feb 02, 2010
    Last Dividend
    NA
    Minimum Investment
    10000
  • Kotak Nifty ETF is an open-ended scheme that attempts at replicating the Nifty 50 Index. The scheme is a feasible investment option for those who want capital appreciation in the long term.

    Investment Objective of Kotak Nifty ETF

    The investment objective of Kotak Nifty ETF is to offer investment returns commensurate with the overall returns of the Nifty 50 Index.

    Key Features of Kotak Nifty ETF

    Here are some of the key features of Kotak Nifty ETF:

    Type of Fund

    Open-ended scheme

    Plans Available

    N/A

    Options Under Each Plan

    N/A

    Systematic Investment Plan

    Available

    Systematic Transfer Plan

    Available

    Systematic Withdrawal Plan

    Not Available

    Investment Amount for Kotak Nifty ETF

    Minimum Application Amount

    Purchases that are made directly from the mutual fund shall be restricted to Authorised Participants if the price of units to be bought is in creation unit size.

    Minimum Additional Investment

    N/A

    Minimum Instalment for Systematic Investment Plans

    N/A

    Minimum Instalment for Systematic Withdrawal Plan

    N/A

    Entry Load

    N/A

    Exit Load

    Nil

    Asset Allocation for Kotak Nifty ETF

    Instruments

    Allocations (Percentage of total assets)

    Risk Profile

    Securities constituting Nifty 50

    95% to 100%

    Medium to High

    Cash and money market or debt securities

    0% to 5%

    Low

    Who can Invest in Kotak Nifty ETF?

    The following entities can make investments in Kotak Nifty ETF:

    • Resident Indian citizens who are at least 18 years of age
    • Legal guardians or parents if investment is made on behalf of minors
    • Corporate bodies and companies that are registered in India
    • Co-operative societies and registered societies that have the authorisation to invest in these units
    • Statutory or public corporations and Public Sector Undertakings subject to certain permissions attained from the State or Central Government
    • Charitable or Religious Trusts
    • Partnership firms through partner(s)
    • Private Trusts’ Trustees provided they have the authorisation to invest in schemes under their trust deeds
    • Hindu Undivided Families
    • Body of Individuals (BOIs) or Association of Persons (AOPs)
    • Persons of Indian Origin (POIs) and Non-Resident Indians (NRIs)
    • Industrial and scientific research organisations
    • Banks (inclusive of regional rural banks as well as co-operative banks) and investment institutions and financial institutions
    • International Multilateral Agencies with the approval from the Government of India
    • Navy, Air Force, Army and other paramilitary units
    • Public Financial Institutions
    • Pension or Provident or Gratuity and similar funds
    • Foreign Portfolio Investors (FPIs)
    • Foreign Institutional Investors (FIIs) registered with the Securities and Exchange Board of India
    • Sponsor, trustee or Asset Management Company or their associates
    • Other mutual funds registered with the Securities and Exchange Board of India

    NAV Disclosure and Benchmark for Kotak Nifty ETF

    Units of this scheme are listed on BSE and NSE and investors and buy and sell units on the stock exchange. The Net Asset Value of the scheme must be updated by the Asset Management Company on its website as well as on the website of the Association of Mutual Funds in India. The NAV must be published by 9.00 p.m. on every working day, and failure to do so will mean that the company must issue an explanation in writing to the Association of Mutual Funds in India, stating the reason for the delay.

    The following is the formula used to calculate the NAV of Kotak Nifty ETF:

    (Fair Value or Market Value of the Scheme’s investment + Current Assets - Current Liabilities and Provisions) / Number of units outstanding under the scheme

    The computation of the scheme’s NAV is done every day of the year and disclosed at the end of each working day.

    Benchmark Index of Kotak Nifty ETF

    The benchmark adopted by Kotak Nifty ETF is the Nifty 50 Index.

    Kotak Nifty ETF Fund Manager

    Kotak Nifty ETF has been managed by Deepak Gupta, who has over 13 years of experience in the mutual fund sector out of which 11 years account for experience in areas that are related to fund management. Gupta also manages a number of other funds for Kotak, including Kotak Sensex ETF, Kotak Banking ETF, Kotak NV 20 ETF, Kotak World Gold Fund, Kotak PSU Bank ETF, etc.

    Investment Restrictions of Kotak Nifty ETF

    The following are some of the major investment restrictions of Kotak Nifty ETF:

    • The scheme is restricted from making investments in securities issued by group companies or associates of the sponsor, or in unlisted securities of a group company or an associate of the sponsor, or in listed securities of the sponsor’s group companies which is more than 25% of the Net Asset Value.
    • The scheme is not allowed to make investments in any fund of funds scheme.
    • The maximum amount that can be invested by the scheme in unlisted equity and equity-related securities is 5% of its NAV.
    • The scheme is restricted to investing a maximum of 10% of its Net Asset Value in equity and equity-related securities of any company.
    • The fund is restricted from making investments over 10% of its Net Asset Value in debt securities issued by a single issuer, and the overall investment in these securities cannot be more than 25% of the scheme’s NAV.

    Dividend Policy of Kotak Nifty ETF

    The Trustees can declare dividends if they are available, based on the sufficiency of distributable surplus. In case of declaration of dividends, all unitholders will receive them if their names are present on the depositories’ registers on the record date. In case the dividend distributed to investors is below Rs.500, such a dividend will be mandatorily reinvested and not paid out to the unitholders.

    Why you should invest in Kotak Nifty ETF

    Kotak Nifty ETF is a good investment option to consider, especially for investors who want returns and capital appreciation in long-term by making investments in stocks that constitute the Nifty 50 Index.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    GST rate of 18% applicable for all financial services effective July 1, 2017.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.