The Kotak Nifty 100 Equal Weight ETF, managed by Kotak Mahindra Asset Management Company, aims to replicate the Nifty 100 Equal Weight Index, fostering equal exposure across the top 100 companies.

Utilizing an equal-weighted investment strategy, the ETF seeks to align closely with the benchmark, the Nifty 100 Equal Weight Index TRI, while managing tracking errors effectively.

With a fund size of ₹2.07 Cr, the ETF maintains a diversified industry allocation, prominently featuring Finance, Automobiles, and Banks, which collectively contribute to its performance stability.

The fund has exhibited a strong performance with a 1-year return of 17.9%, supported by a low tracking error of 0.17%, indicating efficient management against the benchmark.

An expense ratio of 0.25% enhances its attractiveness, while the fund's open-ended structure ensures liquidity, making it accessible for investors seeking diversified equity exposure.