Kotak Nifty 100 Low Volatility 30 ETF Fund Review

Kotak Nifty 100 Low Volatility 30 ETF Fund Review

Kotak Nifty 100 Low Volatility 30 ETF Fund NFO ReviewKotak Nifty 100 Low Volatility 30 ETF Fund Direct NFO Open on 22 May 2024 and Close on 31 May 2024. Kotak Nifty 100 Low Volatility 30 ETF Fund Direct NFO Allotment Date is 07 June 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 of NIFTY 100 Low Volatility 30 Index.

 

Scheme Benchmark : The performance of the Scheme is measured against NIFTY 100 Low Volatility 30 Index (Total Return Index). Nifty100 Low Volatility 30 Index aims to measure the performance of the low volatile securities in the large market capitalisation segment. The securities are selected from Nifty 100 index and should be available for trading in derivative segment (F&O). The composition of the aforesaid benchmark is such that, it is most suited for comparing the performance of the scheme.

 

Kotak Nifty 100 Low Volatility 30 ETF Fund Nfo Important Date

Scheme Offer KOTAK NIFTY 100 LOW VOLATILITY 30 INDEX FUND
Offer Price Rs. 10/- per Unit
Type of Scheme open-ended scheme
Open Date 22 May 2024
Allotment Date 07 June 2024
Close Date 31 May 2024
Category Multi Asset Allocation Fund
Min Inv ₹ 100
Lock in Period N/A
Risk Very High
Scheme Benchmark Nifty 100 Low Volatility 30 Index

 

Kotak Nifty 100 Low Volatility 30 ETF Fund Other Details

Exit Load N/A
Exit Load Details N/A
Entry Load N/A
Stamp Duty 0.005%
Min. Investment Rs. 500

 

Kotak Nifty 100 Low Volatility 30 ETF Fund asset allocation

Instruments Allocation Risk Profile
Equity and Equity related securities covered by NIFTY 100 Low Volatility 30 Index 95-100% Very High
Debt/Money Market Instruments 0-5% Low to Moderate

 

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 assurance that the investment objective of the Scheme will be achieved.

Kotak Nifty 100 Low Volatility 30 ETF Fund Scheme Benchmark

Security Name Weightage%
ICICI Bank Ltd. 4.45%
Hindustan Unilever Ltd. 4.25%
Asian Paints Ltd. 3.98%
ITC Ltd. 3.89%
Titan Company Ltd. 3.84%
Britannia Industries Ltd. 3.81%
Sun Pharmaceutical Industries Ltd. 3.7%
Nestle India Ltd. 3.68%
Ultratech Cement Ltd. 3.68%
HDFC Bank Ltd. 3.58%
Reliance Industries Ltd. 3.58
Tata Consultancy Services Ltd. 3.43%
Dr. Reddy's Laboratories Ltd. 3.39%
Kotak Mahindra Bank Ltd. 3.37%
Larsen & Toubro Ltd. 3.25%
NTPC Ltd. 3.2%
Colgate Palmolive (India) Ltd. 3.15
Marico Ltd. 3.15
SBI Life Insurance Company Ltd. 3.14
Torrent Pharmaceuticals Ltd. 3.12
Pidilite Industries Ltd. 3.11
Power Grid Corporation Of India Ltd. 2.99
Bajaj Auto Ltd. 2.97
Bosch Ltd. 2.94
Dabur India Ltd. 2.94
Wipro Ltd. 2.83
Cipla Ltd. 2.73
HCL Technologies Ltd. 2.68
Hero Motocorp Ltd. 2.65
Berger Paints India Ltd. 2.5

 

Kotak Nifty 100 Low Volatility 30 ETF Fund Manager Details

  • 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 Singha
  • 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 22 years of experience in fund management and equity research of which last 15 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.

 

Scheme allocate its assets 

The asset allocation under the Scheme, under normal circumstances.

  • Equity and Equity related securities covered by NIFTY 100 Low Volatility 30 Index
  • Debt/Money Market Instruments

 

The Scheme will not invest in following securities 

  • ADR/GDR/overseas securities/ foreign securities.
  • Credit Default Swaps.
  • Real Estate Investment Trusts (REITs), Infrastructure Investment Trusts (InvITs).
  • Debt instruments with special features as referred to in Para 9.4, 4.4.4, 12.2 of SEBI Master circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2023/74 dated May 19, 2023.
  • Securitized debt.
  • Investment in commodity derivatives, debt derivative instruments.
  • Structured obligations and credit enhancements.
  • Repo/ reverse repo transactions in corporate debt securities.
  • Fixed Income derivatives.

 

Fund Manager Manages the Scheme? 

  1. Mr.Abhishek Bisen
  2. Mr.Devender Singha

 

Kotak Nifty 100 Low Volatility 30 ETF Fund Registrar

Computer Age Management Services Limited
New No. 10, Old No. 178, M.G.R. Salai,
Nungambakkam, Chennai 600 034,
Tamil Nadu, India
Website: www.camsonline.com
Contact Person: Manikandan Gopalakrishnan
E-mail: secretarial@camsonline.com

 

Kotak Nifty 100 Low Volatility 30 ETF Fund nfo form download

https://portal.amfiindia.com/spages/13931.pdf

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