Kotak Nifty Next 50 Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.65
• Std Deviation 17.75%
• Tracking Error 0.00%

The investment objective of the scheme is to replicate the composition of the Nifty Next 50 and to generate returns that are commensurate with the performance of the NIFTY Next 50 Index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be realized

The Kotak Nifty Next 50 Index Fund Regular Growth has an AUM of 762.24 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.57%. The minimum investment in Kotak Nifty Next 50 Index Fund Regular Growth is Rs 100 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Hindustan Aeronautics, TVS Motor Company, Vedanta & Divi's Laboratories.

The major sectors where the fund is invested are Electric Utilities, Biotechnology & Drugs, Regional Banks & Consumer Financial Services.

Some of the similar funds are Motilal Oswal Nifty 50 Index Fund Regular Growth, Franklin India NSE Nifty 50 Index Fund Growth, Kotak Nifty Next 50 Index Fund Regular Growth, Axis Nifty 50 Index Fund Regular Growth, Motilal Oswal Nifty 500 Momentum 50 Index Fund Regular Growth. Kotak Nifty Next 50 Index Fund Regular Growth has a sharpe ratio of 0.65 & a standard deviation of 17.75%.