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Kotak Nifty Financial Services Ex-Bank Index Fund - Regular Plan - IDCW option
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 4/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 84/100 · Excellent
How this score is calculated
- Star rating (35%)4/5
- 3Y CAGR (30%)15.92%
- Expense ratio (20%)0.3174%
- AUM (15%)₹99 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Kotak Mahindra Mutual Fund · Equity · Sectoral
₹16.39
AUM: ₹99 Cr
NAV updated 6 days ago
Plan
Regular
Option
Idcw
Risk
Very High
Expense Ratio
0.3174%
Exit Load
Nil
Fund Manager
Devender Singhal
Inception
Aug 2023
Benchmark
Nifty Financial Services Ex-Bank Total Return Index
Sharpe Ratio
0.08
Std Dev (1Y)
20.94%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-4.04%
3m
-0.58%
6m
+10.23%
1y
+4.2%
3y
+15.92%
5y
—
10y
—
since inception
+16.99%
TopFund's Take on Kotak Nifty Financial Services Ex-Bank Index Fund - Regular Plan - IDCW option
Kotak Nifty Financial Services Ex-Bank Index Fund - Regular Plan - IDCW option ranks among the stronger performers in the Sectoral category, backed by a 4-star rating. Consistent 3-year performance combined with a strong rating makes this one of the more credible options in its space. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 84/100.
Cost: At 0.3174%, the expense ratio is meaningfully cheaper — about 68% below the Sectoral category average of 0.99% (based on 469 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.08 — returns have only marginally compensated for the risk taken. Separately, with 20.94% annualised volatility, this is among the more turbulent funds in the Sectoral space — expect sharp swings in both directions.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Kotak Nifty Financial Services Ex-Bank Index Fund - Regular Plan - IDCW option
The current NAV (Net Asset Value) of Kotak Nifty Financial Services Ex-Bank Index Fund - Regular Plan - IDCW option is ₹16.39. NAV is updated every business day after market close by AMFI.
1Y: 4.2% · 3Y CAGR: 15.92%
The expense ratio of Kotak Nifty Financial Services Ex-Bank Index Fund - Regular Plan - IDCW option is 0.3174% per annum. This is the annual fee charged by the fund to manage your investment.
Kotak Nifty Financial Services Ex-Bank Index Fund - Regular Plan - IDCW option is managed by Devender Singhal at Kotak Mahindra Mutual Fund.
Kotak Nifty Financial Services Ex-Bank Index Fund - Regular Plan - IDCW option is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Kotak Nifty Financial Services Ex-Bank Index Fund - Regular Plan - IDCW option is a Sectoral fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Kotak Nifty Financial Services Ex-Bank Index Fund - Regular Plan - IDCW option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Kotak Nifty Financial Services Ex-Bank Index Fund - Regular Plan - IDCW option is ₹99 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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