Kotak Nifty Financial Services Ex-bank Index Fund · Regular · Growth
NAV
₹15.1210
as of 30 Sept 2026
Expense Ratio
0.83%
AUM
₹97 Cr
Lumpsum returns (CAGR)
- 1Y
- -0.19%
- 3Y
- +12.15%
- 5Y
- —
- Since Inception
- +14.13%
SIP returns (XIRR)
- 1Y
- -7.81%
- 3Y
- +6.75%
- 5Y
- —
- Since Inception
- +7.54%
Returns calculated from 24 July 2023 onwards due to a structural change in the scheme on that date. Earlier NAV history is preserved but excluded from multi-year return calculations. Periods spanning this date show —.
What history actually did — last 3 years (Oct 2023 – Sept 2026)
A ₹5,000 monthly SIP for the last 3 years (Oct 2023 – Sept 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹1,90,243 today — ₹1,75,000 invested, 5.8% XIRR.
₹1,75,000
Invested
₹1,90,243
Value today
5.8%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 3 years (Oct 2023 – Sept 2026)
Real NAV backtest
₹1,00,000 invested 3 years ago would be ₹1,40,595 today (12.1% CAGR).
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 3 years (Oct 2023 – Sept 2026) (3 Jun 2024) would be ₹1,23,467 today (1.24×).
Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.
Risk Metrics
Trailing 1 year, annualised0.26
Sharpe Ratio
—
Alpha
—
Beta
0.27
Sortino
20.38%
Std Dev
-17.16%
Max Drawdown
Performance Comparison
Sectoral allocation
as of 31 Aug 2026- Finance56.27%
- Capital Markets20.23%
- Insurance15.98%
- Financial Technology (Fintech)7.55%
Each sector links to the mutual funds most exposed to it.
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Fund Details
Available transactions
What this fund does
Kotak Nifty Financial Services Ex-bank Index Fund · Regular · Growth is a passively managed fund that tracks a specific market index, aiming to replicate its returns with minimal tracking error. Index funds offer low-cost, diversified exposure to the market with full transparency of holdings.
About This Fund
Kotak Nifty Financial Services Ex-bank Index Fund · Regular · Growth is a Index Fund mutual fund offered by Kotak Mahindra Mutual Fund. The fund has been operational for over 3 years. It manages assets worth ₹97.0 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Nifty Financial Services Ex-Bank Index TRI. The current expense ratio is 0.83%.
Who Should Invest?
- •Cost-conscious investors who prefer passive investing with low expense ratios