The current market price of Kotak Nifty PSU Bank ETF is ₹958.00. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The Kotak Nifty PSU Bank ETF, managed by Kotak Mahindra Asset Management Company Limited, is an open-ended scheme aimed at mirroring the Nifty PSU Bank Index's total returns, subject to tracking errors. This ETF employs a market cap weighted strategy, closely tracking the Nifty PSU Bank Index TRI, with a low tracking error of just 0.09%, ensuring efficient replication of its benchmark's performance. The portfolio is heavily concentrated in the banking sector, with significant allocations to State Bank of India at 34.2%, Bank Of Baroda at 14.7%, and Canara Bank at 11.9%, reflecting a focused investment approach. Performance metrics are impressive, showcasing a remarkable 1Y change of 42.5%, a 3Y CAGR of 28.7%, and a 5Y CAGR of 37.2%, indicating strong returns over various time horizons. With a fund size of ₹1574.8 Cr and an expense ratio of 0.49%, the ETF maintains a competitive cost structure while providing investors with liquidity and access to the PSU banking sector.

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

The expense ratio of Kotak Nifty PSU Bank ETF is 0.49%. 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 PSU Bank ETF is approximately ₹2,375.77. 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 PSU 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 PSU Bank ETF is 0.09%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Kotak Nifty PSU 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 PSU Bank ETF has delivered the following returns: 1-year return: 65.89%. 3-year return: 156.33%. 5-year return: 294.20%. Past performance does not guarantee future results.

Before investing in Kotak Nifty PSU 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.