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Kotak Nifty Bank Index Fund

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

As of 27 Aug 2026, the NAV of Kotak Nifty Bank Index Fund is ₹9.97 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

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

Kotak Nifty Bank Index Fund has returned -0.47% 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: How risky is Kotak Nifty Bank Index Fund?

It is rated very high on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -0.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: How is Kotak Nifty Bank Index Fund taxed?

Kotak Nifty Bank 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

This is the Direct plan of Kotak Nifty Bank Index Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

NAV

₹9.97

-0.47% 1D

as of 27 Aug 2026

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Performance

-0.47%absolute

52-week rangePrev NAV ₹10.02

Latest ₹9.97

Low ₹9.970th percentile of its 52-week rangeHigh ₹10.02

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category 0.46%

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

Category 23.31

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

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Category 0.31

Scheme Info

Definitions

Plan

Direct · Growth

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

Exit Load

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

0.005%

SIP Inv.

Smallest recurring SIP instalment the scheme accepts

Smallest one-time (lumpsum) investment the scheme accepts

Benchmark

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.

26 Aug 2026

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

Definitions

Absolute return over the last 1 month (not annualized)

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Absolute return over the last 3 months (not annualized)

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Absolute return over the last 6 months (not annualized)

—

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

-0.47%

Annualized returns (≥1Y — CAGR)

Definitions

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

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3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the fund's inception

-0.47%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

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

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

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Largest peak-to-trough decline over full history

-0.47%

Benchmark ratios (vs Nifty Bank · 36 monthly returns)

Definitions

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

—

Sensitivity to Nifty Bank moves; 1 = moves with the index

—

How much of the fund's movement Nifty Bank explains

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Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

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

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

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Computed vs the Nifty Bank price index — the closest match to this fund's mandate. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

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

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

₹10.00K

Current value

₹10.00K

Absolute

0.00%

XIRR

+450.01%

Value vs. invested

Pick a longer period to plot the path.

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

History points

Expense ratio

AUM

Portfolio turnover

Exit load

P/E ratio

P/B ratio

Avg market cap

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

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Kotak Nifty Bank Index FundThis fund Kotak Mahindra	—	—	—	—	—	—	—
ICICI Prudential NASDAQ 100 Index Fund ICICI Prudential	★★★★☆	+35.37%	+31.30%	—	—	0.63%	₹3,348Cr
Motilal Oswal S&P 500 Index Fund Motilal Oswal	★★★★☆	+29.54%	+26.50%	+17.48%	—	0.62%	₹4,500Cr
UTI Nifty 500 Value 50 Index Fund UTI	★★★★☆	+17.40%	+25.25%	—	7.31	0.80%	₹729.68Cr
Motilal Oswal BSE Enhanced Value Index Fund Motilal Oswal	★★★★☆	+12.82%	+24.04%	—	5.98	0.52%	₹2,077Cr
ICICI Prudential Nifty Auto Index Fund ICICI Prudential	★★★★☆	+14.79%	+23.92%	—	13.60	0.35%	₹216.49Cr

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.

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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 Bank Index Fund?

As of 27 Aug 2026, the NAV of Kotak Nifty Bank Index Fund is ₹9.97 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Kotak Nifty Bank Index Fund delivered?

Kotak Nifty Bank Index Fund has returned -0.47% 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.

How risky is Kotak Nifty Bank Index Fund?

It is rated very high on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -0.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

How is Kotak Nifty Bank Index Fund taxed?

Kotak Nifty Bank 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.