Kotak Nifty Bank Index Fund - Direct (IDCW)

Kotak Mahindra Mutual FundOther

Investment Objective

Passive Investment in equity and equity related securities replicating the composition of Nifty Bank Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.

NFO Details

Launch Date

03 Aug 2026

Close Date

17 Aug 2026

NFO Status

Closed

Offer Price

₹10

Min Investment

₹1,000

Issue Size

₹0.00 Cr

Fund Category

Other

Scheme Category

Index Fund

Scheme Type

active fund

Scheme Structure

Benchmark

Nifty Bank TRI

ISIN

INF174KA1C76

Exit Load

Nil.

Fund	AMC	NAV	AUM	Expense Ratio	1Y	3Y	5Y
UTI-Nifty 50 Index Fund -...	UTI Mutual Fund	₹162.96	₹29,485.43 Cr	0.25%	-7.12%	6.43%	6.27%
HDFC Nifty 50 Index Fund ...	HDFC Mutual Fund	₹226.50	₹23,783.91 Cr	0.29%	-7.20%	6.38%	6.22%
ICICI Pru Nifty 50 Index ...	ICICI Prudential Mutual Fund	₹244.96	₹17,253.52 Cr	0.24%	-7.15%	6.38%	6.23%
SBI Nifty Index Fund - Di...	SBI Mutual Fund	₹216.54	₹13,927.86 Cr	0.24%	-7.20%	6.39%	6.23%
ICICI Pru Nifty Next 50 I...	ICICI Prudential Mutual Fund	₹66.82	₹10,116.69 Cr	0.38%	4.14%	16.79%	11.07%
UTI-Nifty200 Momentum 30 ...	UTI Mutual Fund	₹20.98	₹8,513.34 Cr	1.00%	-0.84%	10.41%	9.39%

Fund	Watchlist	AMC	NAV	AUM	Expense Ratio	1Y	3Y	5Y
‌	‌	‌	‌	‌	‌	‌	‌	‌

NFO	AMC	Category	Launch Date	Close Date	Offer Price	Min Investment	Status
Motilal Oswal Nifty Midca...	Motilal Oswal Mutual Fund	Index Fund	12 Oct 2026	26 Oct 2026	₹10	₹500	Upcoming
Motilal Oswal Nifty REITs...	Motilal Oswal Mutual Fund	Index Fund	25 Sept 2026	09 Oct 2026	₹10	₹500	Open
Invesco India Nifty Chemi...	Invesco Mutual Fund	Index Fund	15 Sept 2026	29 Sept 2026	₹10	₹100	Open
Kotak Nifty Capital Marke...	Kotak Mahindra Mutual Fund	Index Fund	15 Sept 2026	29 Sept 2026	₹10	₹1,000	Open
Invesco India Nifty India...	Invesco Mutual Fund	Index Fund	15 Sept 2026	29 Sept 2026	₹10	₹100	Open
Axis Nifty500 Low Volatil...	Axis Mutual Fund	Index Fund	09 Sept 2026	22 Sept 2026	₹10	₹100	Closed

NFO	AMC	Category	Launch Date	Close Date	Offer Price	Min Investment	Status
‌	‌	‌	‌	‌	‌	‌	‌
‌

Kotak Mahindra Mutual Fund

Fund Type: Indian Private
Date of Incorporation: 05 Aug 1994
Total AUM: ₹6,09,561.12 Cr
Open Schemes: 122
Closed Schemes: 4

Fund BenchmarkNifty Bank TRI

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Fund Type: ‌
Date of Incorporation: ‌
Total AUM: ‌
Open Schemes: ‌
Closed Schemes: ‌

Fund Benchmark‌

Address: 27 BKC, C-27, G Block, Bandra KurlaComplex, Bandra(E),Mumbai - 400 051.
Phone: 022 61152100
Launch Date: 03 Aug 2026
E-mail: fundaccops@kotakmutual.com
Website: www.kotakmf.com

Address: ‌
Phone: ‌
Launch Date: ‌
E-mail: ‌
Website: ‌

Frequently Asked Questions

Kotak Nifty Bank Index Fund - Direct (IDCW) is a new fund offer from Kotak Mahindra Mutual Fund. Passive Investment in equity and equity related securities replicating the composition of Nifty Bank Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.

The Kotak Nifty Bank Index Fund - Direct (IDCW) NFO opens on 03 Aug 2026 and closes on 17 Aug 2026. Units can be purchased at the offer price only during this period.

The Kotak Nifty Bank Index Fund - Direct (IDCW) NFO is currently Closed. Once the offer period ends, the scheme reopens for continuous purchase and redemption at the prevailing NAV.

Units of Kotak Nifty Bank Index Fund - Direct (IDCW) are offered at ₹10 during the NFO period. After the scheme reopens, units are bought and sold at the applicable NAV instead.

The minimum investment amount for the Kotak Nifty Bank Index Fund - Direct (IDCW) NFO is ₹1,000.

The issue size of the Kotak Nifty Bank Index Fund - Direct (IDCW) NFO is ₹0.00 Cr.

Kotak Nifty Bank Index Fund - Direct (IDCW) is a Other scheme in the Index Fund category. The category determines where the scheme invests and the risk it carries.

Kotak Nifty Bank Index Fund - Direct (IDCW) is benchmarked against the Nifty Bank TRI. The benchmark is the index against which the scheme's performance is measured.

The exit load applicable on Kotak Nifty Bank Index Fund - Direct (IDCW) is Nil..

An NFO has no past performance record, so investors generally review the scheme's investment objective, category, benchmark, exit load and the track record of the fund house before investing. Comparing the NFO with established funds in the same category also helps set expectations.