myplexus

NFO Monitor

Fund Fact

Name of Funds:

Kotak Nifty Financial Services Ex-Bank Index

Opening:

24th July 2023

Closing:

7th August 2023

Minimum Investment:

Rs. 5000/- and in multiples of Rs 1 for purchases and of Re 0.01 for switches.

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Nil

Exit Load:

Nil

Fund Stats

Objective:

The investment objective of the scheme is to replicate the composition of the Nifty Financial Services Ex-Bank Index and to generate returns that are commensurate with the performance of the Nifty Financial Services Ex-Bank Index, subject to tracking errors.

Benchmark:

NIFTY Financial Services

Fund Manager:

Devender Singhal, Satish Dondapati, Abhishek Bisen

Asset Allocation

95-100% Equity upto 5% Money Market

upto 5% Debt Nil Others

Comparable existing schemes

Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund	22.13(6M)	16.71(1Y)
Not Available	Not Available	Not Available

Fund Prognosis

Idea Distiller

Focussing on the financial services side completely. Perhaps the fund house sees a lot of new offerings coming in from the market in the medium term.

Fund House AAUM:
Rs. 31237132.93 Lakhs (as on 30th June 2023)
Fund Manager:
Combined experience of above 22 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

A laser focus on a particular segment of a larger segment in the equity space. Such short spans provides high risk-high return possibilities.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity: 14th May 2025 to 23rd May 2028