Kotak Nifty 100 Equal Weight Index Fund Review – Kotak Nifty 100 Equal Weight Index Fund Review Direct NFO Open on 02 December 2024 and Close on 16 December 2024. Kotak Nifty 100 Equal Weight Index Fund Direct NFO Allotment Date is 23 December 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹100. The Minimum SIP Investment Amount is ₹100.
Type of the Scheme
An open-ended scheme replicating/tracking the Nifty 100 Equal Weight Index.
Scheme Benchmark : Nifty 100 Equal Weight Index (Total Return Index).
Kotak Nifty 100 Equal Weight Index Fund Scheme Benchmark
| Company | Weightage |
|---|---|
| Divi's Laboratories Ltd. | 1.26 |
| Wipro Ltd. | 1.19 |
| Tech Mahindra Ltd. | 1.18 |
| Bharat Electronics Ltd. | 1.17 |
| State Bank of India | 1.17 |
| Siemens Ltd. | 1.16 |
| Info Edge (India) Ltd. | 1.15 |
| HCL Technologies Ltd. | 1.14 |
| Power Finance Corporation Ltd. | 1.13 |
| Hindustan Aeronautics Ltd. | 1.12 |
Kotak Nifty 100 Equal Weight Index Fund Important Date
| Scheme Offer | Kotak Nifty 100 Equal Weight Index Fund |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open-ended |
| Open Date | 02 Dec 2024 |
| Close Date | 16 Dec 2024 |
| Allotment Date | 23 Dec 2024 |
| Category | Other Schemes – Index Funds |
| Min Inv ₹ | ₹100 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | Nifty 100 Equal Weight Index TRI |
Investment Objective of the Scheme ?
The investment objective of the scheme is to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
Kotak Nifty 100 Equal Weight Index Fund Other Details
| Exit Load | N/A |
|---|---|
| Exit Load Details | N/A |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 100 |
| Min. SIP | Rs. 100 |
Kotak Nifty 100 Equal Weight Index Fund Asset Allocation
| Instruments | Allocation Min | Allocation Max |
|---|---|---|
| Equity & Equity related Securities covered by Nifty 100 Equal Weight Index | 95% | 100% |
| Debt/ Money Market instruments | 0% | 5% |
Manager Manage the Scheme?
Fund Manger : Mr. Abhishek Bisen
Qualification : B A Management, MBA Finance EPAF- IIM-C
Experience : Mr. Abhishek Bisen has been associated with the company since October 2006 and his key responsibilities include fund management of debt schemes. Prior to joining Kotak AMC, Abhishek was working with Securities Trading Corporation of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
Fund Manger : Mr. Devender Singhal
Qualification : PGDM (Finance, Insurance) Mathematics (Hon) Delhi University
Experience : Mr. Devender Singhal is managing the equity funds for Kotak AMC since Aug 2015. He is managing assets across multicap and hybrid strategies. He has more than 23 years of experience in fund management and equity research of which last 17 years has been with Kotak. Prior to joining Kotak AMC, He has been part of various PMS like Kotak, Religare, Karvy and P N Vijay Financial Services.
Fund Manger : Mr. Satish Dondapati
Qualification : MBA (Finance)
Experience : Mr. Satish Dondapati has over 16 years of experience in ETF’s. He joined Kotak AMC in March 2008 in Product’s Department. Prior to joining Kotak AMC, he was in the MF Product Team of Centurion Bank Of Punjab.
Kotak Nifty 100 Equal Weight Index Fund Sector Representation
| Sector | Weightage |
|---|---|
| Financial Services | 24.26 |
| Fast Moving Consumer Goods | 8.63 |
| Automobile and Auto Components | 8.51 |
| Healthcare | 7.45 |
| Power | 7.29 |
| Information Technology | 6.80 |
| Oil, Gas & Consumable Fuels | 6.75 |
| Metals & Mining | 5.97 |
| Capital Goods | 5.44 |
| Consumer Services | 4.98 |
| Construction Materials | 4.18 |
| Consumer Durables | 2.72 |
| Realty | 1.98 |
| Services | 1.91 |
| Construction | 1.08 |
| Chemicals | 1.04 |
| Telecommunication | 1.02 |
Kotak Nifty 100 Equal Weight Index Fund Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|
| Price Return | -9.31 | 19.41 | 30.99 | 19.00 | 17.14 |
| Total Return | -9.21 | 20.37 | 32.04 | 20.33 | 19.00 |
Where Will the Scheme Invest ?
- The net assets of the Scheme will be invested in stocks constituting the Nifty 50 Equal Weight Index and/ or its exchange traded derivatives. This would be done by investing in the stocks comprising the Nifty 50 Equal Weight Index in approximately the same weightage that they represent in the Nifty 50 Equal Weight Index and /or investing in derivatives including futures contracts and options contracts on the Index.
- The Scheme may take equity derivatives or index derivatives position subject to the guidelines issued by SEBI from time to time and in line with the overall investment objective of the Scheme.
- Equity and equity related securities including convertible bonds and debentures and warrants carrying the right to obtain equity shares.
- Securities created and issued by the Central and State Governments and/or repos/reverse repos in such Government Securities as may be permitted by RBI (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills).
- Corporate debt (of both public and private sector undertakings) including Non-convertible debentures (including bonds) and non-convertible part of convertible securities having residual maturity of upto 91 days.
- Units of Mutual Fund Schemes.
- Short Term Deposits of banks (both public and private sector) and development financial institutions to the extent permissible under SEBI (MF) Regulations;
- Money market instruments permitted by SEBI/RBI, having maturities of up to one year but not limited to.
- Certificate of Deposits (CDs).
- Commercial Paper (CPs).
- Triparty repo on Government securities or treasury bills.
Also Read: Kotak Nifty 50 Equal Weight Index Fund Review
Kotak Nifty 100 Equal Weight Index Fund Registrar
Computer Age Management Services Ltd.
7th Floor, Tower II, Rayala Towers, 158,
Anna Salai, Chennai – 600002
Telephone:1800-3010-6767
Email: enq_h@camsonline.com
Website: www.camsonline.com
