Kotak Nifty Next 50 Index Fund
The scheme seeks 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.
Growthvine rating: 5/5 — ranked #8 of 244 in category.
Fund basics
| Category | Equity: Index |
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| NAV | ₹21.14 (as of 2026-08-21) |
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| AUM | ₹1,222 Cr |
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| Expense ratio | 0.42% |
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| Fund manager | Jeetu Valechha Sonar |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 13.61% |
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| Sharpe ratio | 0.63 |
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| Standard deviation | 20.03% |
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| Max drawdown | -26.49% |
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| Alpha | 6.04 |
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| Beta | 1.28 |
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Market cap allocation
| Large cap | 86.8% |
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| Mid cap | 13.3% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 18.5% |
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| Top 10 holdings | 32.8% |
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| Total holdings | 50 |
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Top holdings
- Divis Laboratories Ltd. — 4.0%
- TVS Motor Company Ltd. — 4.0%
- Tata Motors Limited — 3.6%
- Hindustan Aeronautics Limited — 3.5%
- Adani Power Limited — 3.5%
- Cholamandalam Investment and Finance Company Ltd — 3.2%
- Torrent Pharmaceuticals Ltd. — 3.0%
- Cummins India Ltd. — 2.9%
- Samvardhana Motherson International Limited — 2.6%
- Indian Hotels Co. Ltd — 2.5%
Top sectors
- Finance & Investments — 10.8%
- Energy — 9.9%
- Banking & Financial — 9.7%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 7.1% | — | — |
| 2025 | 2.1% | — | — |
| 2024 | 27.4% | — | — |
| 2023 | 26.1% | — | — |
| 2022 | 0.7% | — | — |