Kotak Nifty Next 50 Index Fund
Large Cap IndexVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹20.39-1.49%1 day
- Return since launch
- 14.7%
- 52-week range
- ₹17.21 — ₹21.35
- AUM
- ₹1,295 Cr
Kotak Nifty Next 50 Index Fund is a Large Cap Index equity fund from Kotak Mahindra Mutual Fund with ₹1,295 Cr under management, launched in 2021. Over three years it has returned 7.4% a year, against 9.4% for its category. The expense ratio is 0.65% and the SEBI riskometer reading is Very High.
Performance
Kotak Nifty Next 50 Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.8% against -6.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.3% | +8.5 pts | -3.3% | -10.6% |
| 2Y | 5.1% | +7.3 pts | -2.3% | -4.5% |
| 3Y | 7.4% | −2.0 pts | 9.4% | -0.3% |
| 5Y | 12.6% | +4.8 pts | 7.8% | 5.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.2% | +0.8 pts | -5.0% | -5.0% |
| 3M | -0.9% | +2.0 pts | -3.0% | -3.2% |
| 6M | 12.5% | +9.3 pts | 3.2% | 0.8% |
| 1Y | 4.8% | +8.1 pts | -3.3% | -6.5% |
| 2Y | -3.1% | +1.9 pts | -5.0% | -5.2% |
| 3Y | 16.6% | +7.2 pts | 9.4% | 6.2% |
| 5Y | 10.9% | +3.1 pts | 7.8% | 5.9% |
Since launch (17 Feb 2021): 14.7%
Calendar-year returns
Category average0.7%
26.1%
27.1%
2.1%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 2.1% | −6.5 pts | 8.6% |
| 2024 | 27.1% | +12.7 pts | 14.4% |
| 2023 | 26.1% | +1.3 pts | 24.8% |
| 2022 | 0.7% | −3.4 pts | 4.1% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.64%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.42%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.20%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Next 50 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 6.38 | 6.39 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.28 | 1.28 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.67 | 0.67 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.86 | 0.86 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 19.95 | 19.95 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Kotak Nifty Next 50 Index Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity100.1%
Market cap split
- Large86.9%
- Mid13.1%
- P/E
- 20.08
- P/B
- 3.34
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Divi's Laboratories Ltd. | Healthcare | 4.75% | ₹61.47 Cr | +3.37% | +3.50% | +3.42% |
| TVS Motor Company Ltd. | Automobile | 4.02% | ₹52.11 Cr | +3.14% | +3.90% | +3.38% |
| Tata Motors Ltd. | Automobile | 3.88% | ₹50.27 Cr | +3.15% | — | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 3.60% | ₹46.54 Cr | +3.25% | +3.19% | +3.61% |
| Adani Power Ltd. | Energy | 3.24% | ₹41.98 Cr | +4.00% | +2.37% | +2.08% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 3.17% | ₹41.06 Cr | +2.62% | +3.14% | +2.63% |
| Samvardhana Motherson International Ltd. | Automobile | 2.97% | ₹38.47 Cr | +2.56% | +2.54% | +1.80% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.93% | ₹37.91 Cr | +1.83% | +1.95% | +1.64% |
| Cummins India Ltd. | Capital Goods | 2.72% | ₹35.23 Cr | +3.16% | — | — |
| Bharat Petroleum Corporation Ltd. | Energy | 2.59% | ₹33.51 Cr | +2.40% | +3.21% | +2.62% |
| The Indian Hotels Company Ltd. | Services | 2.55% | ₹33.06 Cr | +2.28% | +2.52% | +2.93% |
| Avenue Supermarts Ltd. | Services | 2.48% | ₹32.11 Cr | +2.37% | +2.43% | +3.07% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 2.48% | ₹32.09 Cr | +2.50% | +2.14% | +1.95% |
| Britannia Industries Ltd. | Consumer Staples | 2.44% | ₹31.60 Cr | +2.44% | +3.04% | +3.02% |
| Tata Power Company Ltd. | Energy | 2.28% | ₹29.57 Cr | +2.80% | +2.72% | +2.76% |
| Varun Beverages Ltd. | Consumer Staples | 2.16% | ₹27.98 Cr | +2.87% | +2.65% | +2.87% |
| HDFC Asset Management Company Ltd. | Financial | 2.11% | ₹27.31 Cr | +2.17% | — | — |
| Pidilite Industries Ltd. | Chemicals | 2.06% | ₹26.72 Cr | +1.83% | +1.99% | +2.07% |
| Indian Oil Corporation Ltd. | Energy | 2.05% | ₹26.56 Cr | +2.08% | +3.01% | +2.24% |
| Bajaj Holdings & Investment Ltd. | Financial | 1.99% | ₹25.72 Cr | +1.78% | +2.01% | +2.43% |
| Power Finance Corporation Ltd. | Financial | 1.93% | ₹25.02 Cr | +2.48% | +2.59% | +2.43% |
| Solar Industries India Ltd. | Chemicals | 1.93% | ₹25.03 Cr | +1.77% | +1.41% | — |
| GAIL (India) Ltd. | Energy | 1.89% | ₹24.46 Cr | +1.77% | +1.96% | +2.05% |
| Vedanta Ltd. | Metals & Mining | 1.86% | ₹24.10 Cr | +2.38% | +5.23% | +3.13% |
| Adani Energy Solutions Ltd. | Energy | 1.84% | ₹23.78 Cr | +2.09% | +1.51% | +1.21% |
| Bank Of Baroda | Financial | 1.75% | ₹22.62 Cr | +1.98% | +2.57% | +1.89% |
| DLF Ltd. | Construction | 1.75% | ₹22.65 Cr | +1.51% | +1.66% | +2.08% |
| Jindal Steel Ltd. | Metals & Mining | 1.74% | ₹22.58 Cr | +1.78% | +2.00% | +1.53% |
| United Spirits Ltd. | Consumer Staples | 1.74% | ₹22.49 Cr | +1.49% | +1.75% | +1.70% |
| Bosch Ltd. | Automobile | 1.71% | ₹22.16 Cr | +1.26% | +1.36% | +1.52% |
| Canara Bank | Financial | 1.68% | ₹21.79 Cr | +1.75% | +2.28% | +1.54% |
| LTM Limited | Technology | 1.66% | ₹21.54 Cr | +1.50% | +1.78% | +2.09% |
| Adani Green Energy Ltd. | Capital Goods | 1.61% | ₹20.81 Cr | +1.97% | +1.25% | +1.23% |
| REC Ltd. | Financial | 1.59% | ₹20.63 Cr | +1.68% | +1.88% | +1.92% |
| ABB India Ltd. | Capital Goods | 1.58% | ₹20.45 Cr | +1.51% | +1.37% | +1.15% |
| Punjab National Bank | Financial | 1.55% | ₹20.10 Cr | +1.45% | +1.92% | +1.53% |
| Union Bank of India | Financial | 1.44% | ₹18.62 Cr | +1.29% | — | — |
| Godrej Consumer Products Ltd. | Consumer Staples | 1.43% | ₹18.51 Cr | +1.65% | +2.10% | +2.20% |
| Siemens Ltd. | Capital Goods | 1.41% | ₹18.20 Cr | +1.35% | +1.30% | +1.19% |
| Lodha Developers Ltd. | Construction | 1.31% | ₹16.99 Cr | +1.05% | +1.19% | +1.47% |
| Muthoot Finance Ltd. | Financial | 1.26% | ₹16.32 Cr | +1.43% | — | — |
| Hyundai Motor India Ltd. | Automobile | 1.24% | ₹16.06 Cr | +1.09% | +1.33% | +1.54% |
| Shree Cement Ltd. | Materials | 1.22% | ₹15.85 Cr | +1.34% | +1.50% | +1.72% |
| Zydus Lifesciences Ltd. | Healthcare | 1.15% | ₹14.84 Cr | +1.07% | +0.99% | +1.08% |
| Hindustan Zinc Ltd. | Metals & Mining | 1.13% | ₹14.63 Cr | +1.09% | +1.12% | — |
| Siemens Energy India Ltd. | Energy | 1.13% | ₹14.59 Cr | +1.36% | +1.11% | — |
| Ambuja Cements Ltd. | Materials | 0.99% | ₹12.78 Cr | +1.09% | +1.31% | +1.62% |
| Mazagon Dock Shipbuilders Ltd. | Capital Goods | 0.74% | ₹9.63 Cr | +0.74% | +0.73% | — |
| Tata Capital Ltd. | Financial | 0.73% | ₹9.46 Cr | +0.53% | — | — |
| Indian Railway Finance Corporation Ltd. | Financial | 0.66% | ₹8.57 Cr | +0.78% | +0.79% | +0.93% |
| Others | Others | -0.12% | ₹-1.97 Cr | -0.32% | +0.04% | +0.26% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Divi's Laboratories Ltd. | 4.03% | 4.75% | +0.72% |
| Others | 0.05% | -0.54% | -0.59% |
| Power Finance Corporation Ltd. | 2.43% | 1.93% | -0.50% |
| Samvardhana Motherson International Ltd. | 2.62% | 2.97% | +0.35% |
| Bosch Ltd. | 1.40% | 1.71% | +0.31% |
| Tata Motors Ltd. | 3.59% | 3.88% | +0.29% |
| Adani Energy Solutions Ltd. | 2.13% | 1.84% | -0.29% |
| Godrej Consumer Products Ltd. | 1.69% | 1.43% | -0.26% |
| REC Ltd. | 1.83% | 1.59% | -0.24% |
| Tata Power Company Ltd. | 2.50% | 2.28% | -0.22% |
| Adani Green Energy Ltd. | 1.83% | 1.61% | -0.22% |
| Cummins India Ltd. | 2.94% | 2.72% | -0.22% |
| Varun Beverages Ltd. | 2.38% | 2.16% | -0.22% |
| Adani Power Ltd. | 3.45% | 3.24% | -0.21% |
| Solar Industries India Ltd. | 1.76% | 1.93% | +0.17% |
| Shree Cement Ltd. | 1.37% | 1.22% | -0.15% |
| CG Power and Industrial Solutions Ltd. | 2.33% | 2.48% | +0.15% |
| Union Bank of India | 1.30% | 1.44% | +0.14% |
| Hindustan Aeronautics Ltd. | 3.47% | 3.60% | +0.13% |
| Jindal Steel Ltd. | 1.61% | 1.74% | +0.13% |
| Hindustan Zinc Ltd. | 1.02% | 1.13% | +0.11% |
| Vedanta Ltd. | 1.76% | 1.86% | +0.10% |
| Siemens Ltd. | 1.31% | 1.41% | +0.10% |
| Pidilite Industries Ltd. | 1.97% | 2.06% | +0.09% |
| DLF Ltd. | 1.67% | 1.75% | +0.08% |
| ABB India Ltd. | 1.51% | 1.58% | +0.07% |
| Ambuja Cements Ltd. | 1.06% | 0.99% | -0.07% |
| Britannia Industries Ltd. | 2.51% | 2.44% | -0.07% |
| Bajaj Holdings & Investment Ltd. | 1.93% | 1.99% | +0.06% |
| Muthoot Finance Ltd. | 1.32% | 1.26% | -0.06% |
| LTM Limited | 1.60% | 1.66% | +0.06% |
| Lodha Developers Ltd. | 1.36% | 1.31% | -0.05% |
| Indian Railway Finance Corporation Ltd. | 0.71% | 0.66% | -0.05% |
| Bharat Petroleum Corporation Ltd. | 2.55% | 2.59% | +0.04% |
| GAIL (India) Ltd. | 1.93% | 1.89% | -0.04% |
| Zydus Lifesciences Ltd. | 1.11% | 1.15% | +0.04% |
| Canara Bank | 1.65% | 1.68% | +0.03% |
| Mazagon Dock Shipbuilders Ltd. | 0.71% | 0.74% | +0.03% |
| Torrent Pharmaceuticals Ltd. | 2.96% | 2.93% | -0.03% |
| TVS Motor Company Ltd. | 3.99% | 4.02% | +0.03% |
| Bank Of Baroda | 1.77% | 1.75% | -0.02% |
| Cholamandalam Investment and Finance Company Ltd. | 3.15% | 3.17% | +0.02% |
| Hyundai Motor India Ltd. | 1.22% | 1.24% | +0.02% |
| Punjab National Bank | 1.53% | 1.55% | +0.02% |
| United Spirits Ltd. | 1.76% | 1.74% | -0.02% |
| Avenue Supermarts Ltd. | 2.49% | 2.48% | -0.01% |
| Indian Oil Corporation Ltd. | 2.06% | 2.05% | -0.01% |
| Tata Capital Ltd. | 0.72% | 0.73% | +0.01% |
| HDFC Asset Management Company Ltd. | 2.10% | 2.11% | +0.01% |
| Siemens Energy India Ltd. | 1.13% | 1.13% | 0.00% |
| The Indian Hotels Company Ltd. | 2.55% | 2.55% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹3,040 Cr | 0.73% | 5.2% | 7.4% | 12.6% |
 UTI Nifty Next 50 Index Fund | ₹7,547 Cr | 0.87% | 5.1% | 7.3% | 12.5% |
 SBI Nifty Next 50 Index Fund | ₹2,366 Cr | 0.76% | 5.2% | 7.3% | 12.5% |
 DSP Nifty Next 50 Index Fund | ₹1,407 Cr | 1.01% | 5.0% | 7.3% | 12.6% |
 Nippon India Nifty Next 50 Junior BeES FoF | ₹840 Cr | 0.30% | 5.7% | 7.7% | 12.9% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks 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.
Fund managers
- Jeetu Valechha SonarMr. Sonar is a Post Graduate Diploma in Management in Finance managementPrior to joining Kotak AMC Limited, he has worked as institutional dealer with Kotak Securities Ltd. and is part of Kotak Group since 2014.
- Satish DondapatiMr. Dondapati has done MBA FinancePrior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months12.49% absolute | ₹60,000 | ₹67,494 | 12.49% | |
| 1 year4.80% annualised | ₹1,20,000 | ₹1,23,166 | 2.64% | |
| 3 years16.65% annualised | ₹3,60,000 | ₹4,69,304 | 30.36% | |
| 5 years10.90% annualised | ₹6,00,000 | ₹8,00,272 | 33.38% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Kotak Nifty Next 50 Index Fund?
The NAV of Kotak Nifty Next 50 Index Fund is ₹20.39 as on 24 Sep 2026.
What is the expense ratio of Kotak Nifty Next 50 Index Fund?
The expense ratio of Kotak Nifty Next 50 Index Fund is 0.65% per year.
What is the minimum SIP amount for Kotak Nifty Next 50 Index Fund?
You can start a SIP in Kotak Nifty Next 50 Index Fund with ₹3,000 a month.
What returns has Kotak Nifty Next 50 Index Fund given?
Kotak Nifty Next 50 Index Fund has returned 5.3% over 1 year, 7.4% over 3 years and 12.6% over 5 years (annualised).
Is there a lock-in or exit load on Kotak Nifty Next 50 Index Fund?
Lock-in: None. Exit load: 0%.
How risky is Kotak Nifty Next 50 Index Fund?
Kotak Nifty Next 50 Index Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap Index category.
Which fund house manages Kotak Nifty Next 50 Index Fund?
Kotak Nifty Next 50 Index Fund is managed by Kotak Mahindra Mutual Fund, which runs 94 schemes with ₹6,09,561 Cr under management.