Kotak Nifty Bank Index Fund

Mutual fund

Direct · Growth

· AMFI 154571

₹10.52

+5.1%since Aug 2026

Price of one unit (NAV) on 11 November 2026

Past prices are not a forecast of anything.

Ask about this fund

Overview

Kind of fund: Sectoral
Yearly fee: 1.46%; Since 1 October 2026
Fund size: ₹7 crore
Started: 21 August 2026
Exit load: None
Compared against: NIFTY Bank TRI
Plan: Direct · Growth
Companies held: 14; 15 lines in all
Holdings as at: 30 August 2026

What does it hold?

Company size

Large
Mid
Small
Cash, bonds, abroad

Kotak Nifty Bank Index Fund
75%26%

Industries

Financial100%

Top companies

10 of 14 companies · holdings as at 30 August 2026

1
HDFC Bank Ltd
LargeFinancial
17.1%
2
ICICI Bank Ltd
LargeFinancial
14.9%
3
State Bank of India
LargeFinancial
10.3%
4
Kotak Mahindra Bank Ltd
LargeFinancial
9.9%
5
Axis Bank Ltd
LargeFinancial
9.2%
6
The Federal Bank Ltd
MidFinancial
7.2%
7
Indusind Bank Ltd
MidFinancial
5.5%
8
AU Small Finance Bank Ltd
MidFinancial
4.8%
9
IDFC First Bank Ltd
MidFinancial
4.7%
10
Bank Of Baroda
LargeFinancial
3.5%

Show all 14

11
Punjab National Bank
LargeFinancial
3.4%
12
Yes Bank Ltd
MidFinancial
3.4%
13
Canara Bank
LargeFinancial
3.3%
14
Union Bank of India
LargeFinancial
3.2%

What does it cost?

1.46% a year: ₹146 on every ₹10,000 you hold.

The middle fee for Sectoral direct plans is 1.03%.

Exit load: None

How has it done?

1 year: Too young
3 years, per year: Too young
5 years, per year: Too young

Worst fall so far: −7.1% (Aug 2026 to Oct 2026).

Past prices are not a forecast of anything.

Events

1 October 2026Fee changed from 4.58% to 1.46% a year.
13 September 2026Fee changed from 4.59% to 4.58% a year.
1 September 2026Fee changed from 0.18% to 4.59% a year.
30 August 2026New portfolio published: holdings as at 30 August 2026.

Sources and dates

Holdings: Groww's page for this fund, month-end 30 August 2026
Prices: AMFI via mfapi.in, to 11 November 2026
Fee: Groww, from 1 October 2026
Company sizes: SEBI's rank by full market value, 25 September 2026