The current market price of Kotak Nifty Bank ETF is ₹633.73. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The Kotak Nifty Bank ETF, managed by Kotak Mahindra Asset Management Company Limited, aims to mirror the Nifty Bank Index's total returns, focusing on market cap weighted investments within the banking sector. The ETF employs a strategy that closely tracks the Nifty Bank Index TRI, ensuring minimal tracking errors of 0.03%, thus providing efficient replication of index performance for investors seeking exposure to banking stocks. The portfolio is heavily concentrated in the banking sector, with top holdings including HDFC Bank Ltd. at 28.55% and ICICI Bank Ltd. at 25.99%, reflecting a significant reliance on major banks for performance. In the past year, the ETF has delivered a remarkable return of 21.3%, with a three-year CAGR of 11.9%, showcasing strong performance relative to its benchmark and highlighting effective management and market positioning. With a fund size of ₹4970.1 Cr and a low expense ratio of 0.15%, the ETF offers cost-effective exposure to the banking sector, while the management team includes experienced professionals like Mr. Devender Singhal.

Kotak Nifty Bank ETF is designed to track Nifty Bank Index TRI, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Kotak Nifty Bank ETF is 0.15%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of Kotak Nifty Bank ETF is approximately ₹6,341.50. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

Kotak Nifty Bank ETF is classified under the Very High risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of Kotak Nifty Bank ETF is 0.03%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Kotak Nifty Bank ETF does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, Kotak Nifty Bank ETF has delivered the following returns: 1-year return: 25.28%. 3-year return: 52.36%. 5-year return: 55.67%. Past performance does not guarantee future results.

Before investing in Kotak Nifty Bank ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.