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Kotak Nifty 50 Index Fund

Q: What is the NAV of Kotak Nifty 50 Index Fund?

As of 01 Oct 2026, the NAV of Kotak Nifty 50 Index Fund is ₹14.68 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Kotak Nifty 50 Index Fund delivered?

Kotak Nifty 50 Index Fund has returned -9.05% over 1 year, +5.15% per year over 3 years, +5.69% per year over 5 years and +7.51% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Kotak Nifty 50 Index Fund?

Kotak Nifty 50 Index Fund charges an expense ratio of 0.38% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Kotak Nifty 50 Index Fund?

Kotak Nifty 50 Index Fund's largest holdings are HDFC BANK LTD. (9.8%), ICICI BANK LTD. (9.4%), RELIANCE INDUSTRIES LTD. (7.8%), BHARTI AIRTEL LTD. (5.0%) and Larsen and Toubro Ltd. (4.3%). Holdings are disclosed monthly and change over time.

Q: How risky is Kotak Nifty 50 Index Fund?

Kotak Nifty 50 Index Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.2% and its worst peak-to-trough fall in our sample was -16.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -0.10 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Kotak Nifty 50 Index Fund's -0.10 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of Kotak Nifty 50 Index Fund?

Kotak Nifty 50 Index Fund is benchmarked against the Nifty 50 Index TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages Kotak Nifty 50 Index Fund?

Kotak Nifty 50 Index Fund is managed by Satish Dondapati, Abhishek Bisen and Jeetu Valechha Sonar at Kotak Mahindra.

Q: How is Kotak Nifty 50 Index Fund taxed?

Kotak Nifty 50 Index Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Kotak Mahindra Mutual Fund · Best Index Funds

NAV

₹14.68

-0.88% 1D

as of 01 Oct 2026

This is the Regular plan of Kotak Nifty 50 Index Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

-8.21%CAGR

52-week rangePrev NAV ₹14.81

Latest ₹14.68

Low ₹14.526th percentile of its 52-week rangeHigh ₹17.12

Scorecard

★★★☆☆3/5 vs 174 of 373 Index Funds peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Index Funds (same plan and option). 174 of the 373 Index Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceBelow avg

3Y CAGR +5.15% · ranks 154 of 174 Index Funds

RiskModerate

Volatility 13.2% vs 12.3% category avg

CostLow

0.4% expense vs 1.0% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Low expense ratio (0.38%) vs the Index Funds average of 0.96%
Consistent — positive in 100% of rolling 3-year windows

Concerns

Trails the Index Funds average on 1M/3M/6M/1Y — 1Y by 8.58pp
3-year return (+5.15%) trails the Index Funds average (+8.55%)
5-year return (+5.69%) trails the Index Funds average (+8.07%)
Ranks #269 of 322 on 1-year return in its Index Funds cohort
Weaker risk-adjusted returns — Sharpe -0.10 below the Index Funds average of 0.33

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.38%

Category 0.96%▼0.58%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

18.61

Category —

Excess return per unit of total volatility (rf = 6.5%)

-0.10

Category 0.33▼0.43

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹100

Nifty 50 Index TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

24 Jun 2021

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-6.79%

Absolute return over the last 3 months (not annualized)

-6.36%

Absolute return over the last 6 months (not annualized)

-0.47%

Absolute return since 1 Jan of this year (not annualized)

-13.61%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-9.05%

3-year annualized return (CAGR)

+5.15%

5-year annualized return (CAGR)

+5.69%

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+7.51%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

13.25%

Excess return per unit of total volatility (rf = 6.5%)

-0.10

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

-0.14

Largest peak-to-trough decline over full history

-16.63%

Benchmark ratios (vs Nifty 50 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 50 TRI

-0.67%

Sensitivity to Nifty 50 TRI moves; 1 = moves with the index

1.00

How much of the fund's movement Nifty 50 TRI explains

99.9%

Excess return per unit of beta (market risk)

-1.03

Active return over the benchmark per unit of tracking error

-2.00

Annualized std dev of fund-minus-benchmark returns

0.35%

Fund's share of benchmark gains in up months (100 = matches index)

98.2%

Fund's share of benchmark losses in down months (lower is better)

101.8%

Computed vs the Nifty 50 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Index Funds)

Period	Fund	Category avg.	Diff
1M abs	-6.79%	-4.54%	-2.25%
3M abs	-6.36%	-2.98%	-3.38%
6M abs	-0.47%	+5.27%	-5.74%
1Y CAGR	-9.05%	-0.47%	-8.58%
3Y CAGR	+5.15%	+8.55%	-3.40%
5Y CAGR	+5.69%	+8.07%	-2.38%

Category average across peers in Index Funds (365 of 373 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 373 peers in Index Funds

1Y return

-9.05%

Beats 16.5% · rank #269

3Y return

+5.15%

Beats 11.6% · rank #154

5Y return

+5.69%

Beats 28.6% · rank #36

Sharpe

-0.10

Beats 12.3% · rank #151

Sortino

-0.14

Beats 12.3% · rank #151

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.55L

Absolute

+9.18%

XIRR

+3.58%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Kotak Nifty 50 Index Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 50 TRI	Diff
2026part	-13.61%	-12.85%	-0.76%
2025	+11.24%	+11.97%	-0.73%
2024	+9.34%	+10.16%	-0.82%
2023	+20.52%	+21.69%	-1.17%
2022	+5.14%	+5.68%	-0.54%
2021part	+10.03%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

1,300

Expense ratio

0.38%

AUM

₹1,109Cr

Portfolio turnover

12%

Exit load

Nil

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

18.6

P/B ratio

4.1

Avg market cap

₹6,31,579Cr

P/E & P/B are portfolio-weighted harmonic means across 47 of 50 equity holdings (98% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Index Funds

Compare all


Kotak Nifty 50 Index FundThis fund Kotak Mahindra · Regular · Growth	★★★☆☆	-9.05%	+5.15%	+5.69%	—	0.38%	₹1,109Cr
ICICI Prudential NASDAQ 100 Index Fund ICICI Prudential · Regular · Growth	★★★★★	+32.29%	+33.12%	+20.04%	—	1.06%	₹3,348Cr
Motilal Oswal S&P 500 Index Fund Motilal Oswal · Regular · Growth	★★★★★	+23.73%	+27.06%	+18.06%	—	1.04%	—
ICICI Prudential Nifty Pharma Index Fund ICICI Prudential · Regular · Growth	★★★★★	+20.43%	+18.76%	—	—	1.18%	₹121.63Cr
UTI Nifty 500 Value 50 Index Fund UTI · Regular · Growth	★★★★☆	+3.67%	+18.19%	—	—	1.19%	₹729.68Cr
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Edelweiss · Regular · Growth	★★★★★	+17.16%	+17.87%	+12.94%	—	1.10%	—

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap97.5%
Mid cap2.5%
Small cap0.0%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity99.95%
Cash & Equivalents0.05%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Nippon India ETF Nifty 50 BeES Nippon India · Other ETFs	100.0%	—	0.04%	+5.69%
UTI Nifty 50 ETF UTI · Equity ETF	100.0%	★★★☆☆	—	+5.68%
Axis Nifty 50 Index Fund Axis · Index Funds	100.0%	★★★☆☆	0.17%	+5.54%
HDFC Nifty 50 Index Fund HDFC · Index Funds	100.0%	★★★☆☆	0.29%	+5.45%
Tata Nifty 50 Index Fund Tata · Index Funds	100.0%	★★★☆☆	0.27%	+5.41%
Bajaj Finserv Nifty 50 Index Fund Bajaj Finserv · Index Funds	100.0%	★★☆☆☆	0.33%	—
SBI Nifty Index Fund SBI · Index Funds	100.0%	★★★☆☆	0.23%	+5.46%
UTI Nifty 50 Index Fund UTI · Index Funds	100.0%	★★★☆☆	0.25%	+5.51%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-16.6%18 Oct 2021 → 17 Jun 2022
Fell over 8 months, back to the old high on 11 Nov 2022 — 5 months under water after the low.
-15.8%26 Sep 2024 → 04 Mar 2025
Fell over 5 months, back to the old high on 29 Oct 2025 — 8 months under water after the low.
-15.2%02 Jan 2026 → 30 Mar 2026
Still below that high — 3 months down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹1,109Cr

April - June 2026

+7%

since January - March 2026

+₹146.81Cr

est. net flow, last quarter

At or near its largest, ₹1,109Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Kotak Mahindra Mutual Fund is run by Kotak Mahindra Asset Management, part of the Kotak Mahindra Bank group, and has been in the business since 1998. It was the first Indian fund house to launch a dedicated gilt scheme, and today runs one of the country's larger equity and debt line-ups.

Launched

04 Aug 1994

Total AUM

₹5,90,460Cr+1.6% QoQ

Avg AUM · April - June 2026

Website

kotakmf.com

Fund Managers

SDSatish DondapatiManaging since 21 Jun 2021

Role

Fund Manager and Dealer

Education

MBA (Finance)

Experience

Mr. Satish Dondapati has over 16 years of experience in ETF’s. He joined Kotak AMC in March 2008 in Product’s Department. Prior to joining Kotak AMC, he was in the MF Product Team of Centurion Bank Of Punjab

Funds managed (41)

All schemes Satish Dondapati runs →

ABAbhishek BisenManaging since 21 Jun 2021

Role

Head - Fixed Income, Debt Fund Manager and Dealer

Education

B A Management, MBA Finance EPAF- IIM-C

Experience

Mr. Abhishek Bisen has been associated with the company since October 2006 and his key responsibilities include fund management of debt schemes. Prior to joining Kotak AMC, Abhishek was working with Securities Trading Corporation of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm. Mr. Abhishek Bisen has been associated with the Kotak AMC since October 2006 and his key responsibilities include fund management of debt schemes. Prior to joining Kotak AMC, Abhishek was working with Securities Trading Corporation of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm

Funds managed (80)

All schemes Abhishek Bisen runs →

JSJeetu Valechha SonarManaging since 09 Mar 2026

Role

Equity Fund Manager and Dealer

Education

P.G.D.M in Finance Management

Experience

Mr. Jeetu Valechha Sonar has more than 14 years' experience in Commodity and Equity dealing and advisory. Prior to joining Kotak AMC Limited, he has worked as institutional dealer with Kotak Securities Lid. and is part of Kotak Asset Group since 2014.

Funds managed (41)

All schemes Jeetu Valechha Sonar runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Satish Dondapati Abhishek Bisen Jeetu Valechha Sonar

Top holdings

HDFC BANK LTD.ICICI BANK LTD.RELIANCE INDUSTRIES LTD.BHARTI AIRTEL LTD.Larsen and Toubro Ltd.STATE BANK OF INDIA.Infosys Ltd.AXIS BANK LTD.KOTAK MAHINDRA BANK LTD.Mahindra & Mahindra Ltd.BAJAJ FINANCE LTD.ITC Ltd.

Kotak Mahindra in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Index funds & ETFs

Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.

Frequently asked questions

What is the NAV of Kotak Nifty 50 Index Fund?

As of 01 Oct 2026, the NAV of Kotak Nifty 50 Index Fund is ₹14.68 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Kotak Nifty 50 Index Fund delivered?

Kotak Nifty 50 Index Fund has returned -9.05% over 1 year, +5.15% per year over 3 years, +5.69% per year over 5 years and +7.51% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Kotak Nifty 50 Index Fund?

Kotak Nifty 50 Index Fund charges an expense ratio of 0.38% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Kotak Nifty 50 Index Fund?

Kotak Nifty 50 Index Fund's largest holdings are HDFC BANK LTD. (9.8%), ICICI BANK LTD. (9.4%), RELIANCE INDUSTRIES LTD. (7.8%), BHARTI AIRTEL LTD. (5.0%) and Larsen and Toubro Ltd. (4.3%). Holdings are disclosed monthly and change over time.

How risky is Kotak Nifty 50 Index Fund?

Kotak Nifty 50 Index Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.2% and its worst peak-to-trough fall in our sample was -16.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of -0.10 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Kotak Nifty 50 Index Fund's -0.10 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of Kotak Nifty 50 Index Fund?

Kotak Nifty 50 Index Fund is benchmarked against the Nifty 50 Index TRI. Its alpha and beta on this page are measured against that index.

Who manages Kotak Nifty 50 Index Fund?

Kotak Nifty 50 Index Fund is managed by Satish Dondapati, Abhishek Bisen and Jeetu Valechha Sonar at Kotak Mahindra.

How is Kotak Nifty 50 Index Fund taxed?

Kotak Nifty 50 Index Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.