Kotak Nifty Next 50 Index Fund - Regular Plan - Payout of Income Distribution cum capital withdrawal option

Kotak Nifty Next 50 Index Fund - Regular Plan - Payout of Income Distribution cum capital withdrawal option is a fund scheme from Kotak mutual fund. It falls under a Index category. After being launched on 2021-03-03. Kotak Nifty Next 50 Index Fund - Regular Plan - Payout of Income Distribution cum capital withdrawal option has achieved Rs 423.16 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 100 and lumpsum of Rs 100 to start the investment. The expense ratio of this fund is 0.6%.

• Investing Strategy:

  The investment objective of the scheme is to replicate the composition of the Nifty Next 50 and to generate returns that are commensurate with the performance of the NIFTY Next 50 Index, subject to tracking errors.

• Performance:

  Kotak Nifty Next 50 Index Fund - Regular Plan - Payout of Income Distribution cum capital withdrawal option trailing returns over different times are 0.94% (1 year), 20.77% (3 year), 0% (5 year). The average annual return of this fund stands at 0.94%

• Fund Manager & Portfolio Allocation:

  Devender Singhal, Satish Dondapati are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Financial Services, Industrials, Utilities, Consumer Cyclical, Consumer Defensive, Sectors. First five holdings of this fund are Zomato Ltd, InterGlobe Aviation Ltd, Jio Financial Services Ltd, Vedanta Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Triparty Repo, Net Current Assets/(Liabilities) Companies.