The current market price of Kotak Nifty Midcap 150 ETF is ₹22.27. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The Kotak Nifty Midcap 150 ETF, managed by Kotak Mahindra Asset Management Company Limited, aims to replicate the Nifty Midcap 150 Index, focusing on market cap weighted investments to achieve index-matching returns. This ETF employs a replication strategy, tracking the Nifty Midcap 150 Index TRI, while maintaining a tracking error of 1.33%, indicating efficient alignment with its benchmark performance. Portfolio concentration reveals a significant focus on the Pharmaceuticals and Biotechnology sector, with top holdings like Lupin Ltd. and Glenmark Pharmaceuticals, collectively comprising 7.41% of the total allocation. In the past year, the ETF has demonstrated a performance increase of 11.2%, reflecting a positive return trajectory, although longer-term CAGR metrics are unavailable for deeper analysis. With a modest fund size of ₹4.58 Cr and an expense ratio of 0.1%, this open-ended scheme offers liquidity and cost efficiency, managed by a team of experienced professionals.

Kotak Nifty Midcap 150 ETF is designed to track Nifty Midcap 150 Index TRI, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Kotak Nifty Midcap 150 ETF is 0.10%. 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 Midcap 150 ETF is approximately ₹5.51. 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 Midcap 150 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 Midcap 150 ETF is 0.96%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Kotak Nifty Midcap 150 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 Midcap 150 ETF has delivered the following returns: 1-year return: 16.49%. 3-year return: 16.49%. 5-year return: 16.49%. Past performance does not guarantee future results.

Before investing in Kotak Nifty Midcap 150 ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.