Kotak Nifty Financial Services Ex-Bank Index Fund
NAV
₹15.51
as of 6 Oct 2026
Kotak Nifty Financial Services Ex-Bank Index Fund is an open-ended Index Funds scheme from Kotak Mahindra Mutual Fund managing ₹99 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹15.51 as of 6 Oct 2026. The expense ratio is 0.31% a year. Managed by Abhishek Bisen. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.31% / yr
- as of 31 Aug 2026
- Fund size
- ₹99 crore
- as of 31 Aug 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 14 Aug 2023
- ISIN
- INF174KA1OR7
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026Benchmark: Nifty Financial Services Ex-Bank
Kotak Nifty Financial Services Ex-Bank Index Fund
₹154
+54% on ₹100 over 3.1 yrs
Index Funds average
₹118
+18% on ₹100 over 3.1 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -8.56% | -5.81% | -2.75 |
| 6 months | -1.99% | -2.07% | +0.08 |
| 1 year | -2.51% | -1.00% | -1.51 |
| 3 years (CAGR) | 12.34% | 8.85% | +3.49 |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- -2.0%
- Median
- 14.6%
- Best
- 37.6%
27 windows over the last 38 months, stepped monthly; 96% ended positive. Worst window began 1 Oct 2025. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 12.1%
- Median
- 17.3%
- Best
- 19.9%
3 windows over the last 38 months, stepped monthly; 100% ended positive. Worst window began 3 Oct 2023. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.70
- Sortino ratio (3Y)
- 1.10
- Standard deviation (3Y)
- 17.77%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Deepest fall
-16.3%
Right now
-11.2% below peak
Where the money actually is
Equity
100.0%
Cash
-0.0%
Whole-portfolio split, as of 31 Aug 2026. The size split below covers only the equity slice of this.
What it owns
32 positions · top 10 = 63.4%
Market-cap mix (equity sleeve)
Large 68.3%Mid 26.2%Small 5.5%
as of 31 Aug 2026
Holdings by sector
Financial Services(9 in top 10)95.0%
- Bajaj Finance Ltd15.60%
- Shriram Finance Ltd8.56%
- BSE Ltd7.39%
- Bajaj Finserv Ltd6.44%
- Multi Commodity Exchange of India Ltd4.78%
- Cholamandalam Investment and Finance Co Ltd4.43%
- Jio Financial Services Ltd4.36%
- SBI Life Insurance Co Ltd4.31%
- PB Fintech Ltd3.57%
Technology(1 in top 10)5.0%
- One97 Communications Ltd3.98%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026. Portfolio turnover 56.5% vs category 33.7% a year.
Money in, money out
- Net flow, 12 months
- +₹21 cr
- Net flow, 3 months
- −₹4 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Kotak Nifty Financial Services Ex-Bank Index Fund?
- ₹15.51 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Kotak Nifty Financial Services Ex-Bank Index Fund?
- 0.31% a year for the Direct plan, as of 31 Aug 2026.
- How large is Kotak Nifty Financial Services Ex-Bank Index Fund?
- ₹99 crore under management as of 31 Aug 2026, in the Index Funds category.
- How risky is Kotak Nifty Financial Services Ex-Bank Index Fund?
- Its SEBI Riskometer reading is "Very High Risk". Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
- What is the worst 3-year return of Kotak Nifty Financial Services Ex-Bank Index Fund?
- 12.1% a year – the weakest of 3 overlapping 3-year holding periods, beginning 3 Oct 2023. The median was 17.3% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Kotak Nifty Financial Services Ex-Bank Index Fund?
- Abhishek Bisen, managing this fund for 3 years.
Where this fund sits
Its shelf, all funds
Ix · Index funds & ETFs →
Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Index Funds funds
- UTI Nifty 50 Index Fund₹29,485 crore
- HDFC Nifty 50 Index Fund₹23,784 crore
- Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund₹6,356 crore
- Kotak Nifty SDL Apr 2032 Top 12 Equal Weight Index Fund₹2,942 crore
- ICICI Prudential Nifty 500 Index Fund₹105 crore
- Edelweiss CRISIL IBX AAA Financial Services Bond - Jan 2028 Index Fund₹103 crore
- ICICI Prudential Nifty50 Value 20 Index Fund₹99 crore
- Axis Nifty50 Equal Weight Index Fund₹98 crore
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty Financial Services Ex-Bank) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.