logologo
Search or Ask Iris
Ctrl+K
arrow
ToolBar Logo










Investment Checklist



























Overview

Overview GridOverview GridOverview Star

The Kotak Nifty Bank ETF, managed by Kotak Mahindra Asset Management Company Limited, aims to mirror the Nifty Bank Index's total returns, operating as an open-ended scheme focused on market cap weighting.

Overview GridOverview GridOverview Star

This ETF employs a replication strategy closely aligned with the Nifty Bank Index TRI, maintaining a minimal tracking error of 0.03%, ensuring efficient performance relative to its benchmark.

Overview GridOverview GridOverview Star

The portfolio is heavily concentrated in the banking sector, with HDFC Bank and ICICI Bank comprising over 54% of total assets, highlighting significant exposure to a few key holdings.

Overview GridOverview GridOverview Star

In the past year, the ETF has delivered a robust return of 15.1%, while its 3-year CAGR stands at 11.6%, indicating consistent performance in a favorable banking environment.

Overview GridOverview GridOverview Star

With a fund size of ₹4970.1 Cr and a low expense ratio of 0.15%, the ETF provides cost-effective access to the banking sector, managed by experienced professionals Mr. Devender Singhal and Mr. Satish Dondapati.

AMC

Kotak Mahindra Asset Management Compa...

Manager

Mr. Devender Singhal

Benchmark

Nifty Bank Index TRI

Fund Size

4,970

Expense Ratio (%)

0.15%

Tracking Error (%)

0.03%

PE

Beta

Low Risk

Volatility

0.13

Dividend Yield (%)

52W Low

490.59

52W High

640

Standard Deviation

0.849

Risk Level

HIGH

Technicals

Bullish

RSI

49.86

EMA 50

600.73

EMA 200

571.93

Technicals

Oscillators

BearishNeutralBullish

Neutral

Bearish

2

Neutral

9

Bullish

3

Overall

BearishNeutralBullish

Bullish

Bearish

3

Neutral

9

Bullish

34

Moving Averages

BearishNeutralBullish

Bullish

Bearish

1

Neutral

0

Bullish

31

Overall

BearishNeutralBullish

Bullish

Bearish

3

Neutral

9

Bullish

34

Holdings(Top 10 Holdings)

CompanyWeightage (%)
HDFC Bank Ltd.28.55%
ICICI Bank Ltd.25.99%
STATE BANK OF INDIA9.09%
Kotak Mahindra Bank Ltd.8.08%
Axis Bank Ltd.7.80%
IndusInd Bank Ltd.3.36%
FEDERAL BANK LTD.3.24%
IDFC First Bank Limited3.10%
Bank Of Baroda2.97%
AU Small Finance Bank Ltd.2.78%

Allocation

Industry
Asset
Industry
No ConstituentsNo Constituents

No data found