Kotak Nifty Financial Services Ex-Bank Index Fund
The scheme seeks to replicate the composition of the Nifty Financial Services Ex-Bank Index and to generate returns that are commensurate with the performance of the Nifty Financial Services Ex-Bank Index, subject to tracking errors.
Growthvine rating: 5/5 — ranked #21 of 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹14.47 (as of 2026-10-23) |
|---|
| AUM | ₹99 Cr |
|---|
| Expense ratio | 0.61% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Abhishek Bisen |
|---|
| Exit load | 0 |
|---|
Performance & risk
| Sharpe ratio | 0.41 |
|---|
| Standard deviation | 18.74% |
|---|
| Max drawdown | −17.16% |
|---|
| Alpha | 6.3 |
|---|
| Beta | 1.02 |
|---|
Market cap allocation
| Large cap | 68.8% |
|---|
| Mid cap | 25.6% |
|---|
| Small cap | 5.7% |
|---|
Concentration
| Top 5 holdings | 42.9% |
|---|
| Top 10 holdings | 63.9% |
|---|
| Total holdings | 30 |
|---|
Top holdings
- Bajaj Finance Limited — 15.8%
- Shriram Finance Limited — 8.3%
- BSE Ltd. — 7.6%
- Bajaj Finserv Limited — 6.1%
- Multi Commodity Exchange of India Ltd — 5.1%
- SBI Life Insurance Company Limited — 4.6%
- One 97 Communications Limited — 4.4%
- Jio Financial Services Limited — 4.3%
- Cholamandalam Investment and Finance Company Ltd — 4.3%
- HDFC LIFE INSURANCE COMPANY LIMITED — 3.4%
Top sectors
- Finance & Investments — 62.8%
- Banking & Financial — 20.6%
- Miscellaneous — 16.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −12.1% | — | — |
| 2025 | 26.8% | — | — |
| 2024 | 12.9% | — | — |