📊 Index/ETF Fund · Deep Analysis

Kotak Nifty 50 Index Fund

Kotak Mutual Fund · Direct Growth · SEBI Category: Index/ETF

Current NAV ₹15.4790 (+0.05% today) As of 04 Jun 2026
1 Year Return -4.1%
3 Year CAGR +9.1% p.a.
AAUM ₹1.0K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 1,217 daily NAV records
Fund Overview

Kotak Nifty 50 Index Fund — Quick Summary

Kotak Nifty 50 Index Fund was launched in 2021 and has quickly established itself as one of the most cost-competitive Nifty 50 index funds in India with a very low expense ratio. Managed by Kotak AMC — one of India's most respected fund houses — the fund provides straightforward efficient Nifty 50 index replication.

Despite being a relatively newer Nifty 50 index fund, Kotak has leveraged its fund operations infrastructure to maintain excellent tracking quality from launch. The fund's expense ratio is among the lowest in the category, making it an attractive choice for cost-conscious investors who prefer Kotak's institutional backing.

Fund House
Kotak Mutual Fund
SEBI Category
Index/ETF
Benchmark
NIFTY 50 TRI
Fund Manager
Devender Singhal
AMFI Code
148978
Risk Level
Very High
NAV Records in DB
1,217 days
Quarterly Average AUM · Jan–Mar 2026
₹1.0K Cr
↑ Increased by 1.5% vs Oct–Dec 2025 · ₹1.0K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
📊
✓ Suitable For
Suitable for all investors seeking low-cost simple Nifty 50 exposure with the backing of Kotak AMC. Excellent choice for cost-conscious investors comparing expense ratios and tracking error across Nifty 50 index funds.
Among the most cost-competitive Nifty 50 index funds in India, Kotak's offering combines Kotak AMC's operational quality with a very low expense ratio. The Rs.100 minimum SIP and nil exit load make it highly accessible and flexible.
✗ Not Suitable For
Investors seeking returns above the Nifty 50 TRI. Those wanting mid cap or small cap exposure. Investors expecting active portfolio management — this fund simply mirrors the Nifty 50 index composition at all times.
Who Runs This Fund

Fund Manager

DS
Devender Singhal
Kotak Mutual Fund · Managing since 2021

Devender Singhal manages passive and index strategies at Kotak Mutual Fund including the Kotak Nifty 50 Index Fund. His focus is on precise replication of the Nifty 50 index with minimal tracking error. Kotak MF's index fund team manages both ETFs and open-ended index funds — the shared infrastructure helps maintain efficient and low-cost index replication.

For current co-manager details and full biography, refer to the latest Kotak Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 148978
The official AMFI scheme code for Kotak Nifty 50 Index Fund Direct Growth is 148978. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
Kotak Nifty 50 Index Fund is available in both ETF and open-ended fund formats. The open-ended index fund format offers easier SIP investing and direct plan access. Compare the expense ratio carefully — even a small difference matters significantly over long investment periods due to compounding. In the index fund category, cheapest is usually best assuming tracking error is consistently low.
Investment Objective
As per Scheme Information Document
The scheme seeks to provide returns before expenses that closely correspond to the returns of the Nifty 50 Index.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 Index Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
UTI Nifty 50 Index Fund ₹163.95 ₹26.0K Cr Jan–Mar 2026 -4.2% +9.2% p.a. +9.6% p.a. 0.29
Nippon India Index Fund Nifty 50 ₹43.01 ₹3.1K Cr Jan–Mar 2026 -4.1% +9.2% p.a. +9.6% p.a. 0.29
SBI Nifty Index Fund ₹217.88 ₹11.6K Cr Jan–Mar 2026 -4.2% +9.1% p.a. +9.5% p.a. 0.26
Kotak Nifty 50 Index Fund ▲ ₹15.48 ₹1.0K Cr Jan–Mar 2026 -4.1% +9.1% p.a. 0.28
Aditya Birla Sun Life Nifty 50 Index Fund ₹243.31 ₹1.2K Cr Jan–Mar 2026 -4.2% +9.2% p.a. +9.5% p.a. 0.29
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 1,217 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
-2.0%
3 MonthPoint-to-point
-5.4%
6 MonthPoint-to-point
-9.6%
1 YearPoint-to-point
-4.1%
3 YearCAGR
+9.1% p.a.

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+34.5%
Mar 2023 – Apr 2024
Worst 1Y WindowSimple return
-4.7%
May 2025 – Jun 2026
Best 3Y CAGRCAGR p.a.
+18.9% p.a.
Jun 2022 – Jul 2025
Worst 3Y CAGRCAGR p.a.
+8.9% p.a.
Feb 2022 – Feb 2025

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+11.6%
2024
+9.7%
2023
+20.9%
2022
+5.5%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
12.1%
Positive in 92% of windows
Best: 34.5% · Worst: -4.7%
3Y Rolling Avg
13.5% p.a.
Positive in 100% of windows
Best: 18.9% · Worst: 8.9%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-16.5%
Oct 2021 → Jun 2022
Recovered: Nov 2022 (7 mos)
Current from Peak
-10.6%
All-time Peak: ₹17.36
Peak date: Jan 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-15.5%
Sep 27, 2024 – Apr 7, 2025
Recovered: Oct 2025 (11 mos)
COVID-19 Crash
Pre-inception
Feb 19 – Mar 23, 2020
Recovered: N/A
2022 Rate Hike Cycle
-15.8%
Jan 17 – Jun 17, 2022
Recovered: Nov 2022 (7 mos)
2018 IL&FS Crisis
Pre-inception
Aug 28 – Oct 26, 2018
Recovered: N/A
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
0.28
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
0.40
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
12.9%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
📊
Want to see what Kotak Nifty 50 Index Fund is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Index/ETF Funds

See how Kotak Nifty 50 Index Fund ranks against other Index/ETF funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
Free Newsletter

Stay Updated on Mutual Funds

New fund analysis, articles and market insights — no spam, no selling. Unsubscribe anytime.

Found this useful? Share it

WhatsApp LinkedIn X / Twitter
Help Us Improve

Your Feedback

Found an error? Have a suggestion? We read every response.

How helpful was this page?
Type of Feedback
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.