Kotak Nifty Financial Services Ex-Bank Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

It is better to invest in a fund with a longer track record as Kotak Nifty Financial Services Ex-Bank Index Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of Kotak Nifty Financial Services Ex-Bank Index Fund - Growth - Direct Plan is currently ₹39 Crores.

The Top three stocks are Bajaj Finance, JIO Financial Serv. and Bajaj Finserv and account for 28% of its portfolio. Top 5 and 10 stocks of fund account for 40% and 64% of fund’s portfolio respectively.

Top three sectors of Kotak Nifty Financial Services Ex-Bank Index Fund - Growth - Direct Plan fund are BFSI, IT and Construction & Infrastructure accounting for 99% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Index Funds - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Kotak Nifty Financial Services Ex-Bank Index Fund - Growth - Direct Plan Fund is Index Funds - Other.

Devender Singhal and Satish Dondapati manage the Kotak Nifty Financial Services Ex-Bank Index Fund - Growth - Direct Plan Fund.

Kotak Nifty Financial Services Ex-Bank Index Fund - Growth - Direct Plan current PE ratio is 45.34 and PB ratio is 5.61

The asset allocation of Kotak Nifty Financial Services Ex-Bank Index Fund - Growth - Direct Plan is Stocks : 99.82%, Debt : 0.17% and Gold : 0%

The minimum SIP amount for Kotak Nifty Financial Services Ex-Bank Index Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹100.00

The exit load for Kotak Nifty Financial Services Ex-Bank Index Fund - Growth - Direct Plan is Nil