The current market price of Kotak Nifty Bank ETF is ₹58.50. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

Kotak Nifty Bank ETF, managed by Kotak Mahindra Asset Management Company Limited, is an Equity passive scheme whose objective is explicitly to closely track the Nifty Bank Index before expenses. The fund seeks full replication of the Nifty Bank Index TRI through passive replication, aiming tight tracking with tracking error 0.0% and explicit benchmark alignment stated in the scheme objective. Portfolio is highly concentrated in Banks (99.98%), with top five holdings—HDFC Bank, ICICI, SBI, Axis, Kotak Mahindra—constituting 69.5% of assets, and minimal cash equivalents (Triparty Repo 0.05%, Net CA -0.03%). Performance shows 1Y: -24.8% contrasting with 3Y CAGR: +8.1%, a pattern indicating short‑term volatility versus medium‑term positive compounding, while tracking efficiency remains high given tracking error 0.0% and benchmark alignment. The ETF manages AUM ₹6341.5 Cr (monthly average ₹6491.1 Cr), charges expense ratio 0.2%, shows Equity allocation 99.98%, tracking error 0.0%, and is managed by Devender Singhal and Satish Dondapati.

Kotak Nifty Bank ETF is designed to track Nifty Bank Index TRI, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of Kotak Nifty Bank ETF is 0.15%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of Kotak Nifty Bank ETF is approximately ₹6,341.50. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

Kotak Nifty Bank ETF is classified under the Very High risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of Kotak Nifty Bank ETF is 0.03%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

Kotak Nifty Bank ETF does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, Kotak Nifty Bank ETF has delivered the following returns: 1-year return: 1.44%. 3-year return: 30.64%. 5-year return: 43.42%. Past performance does not guarantee future results.

Before investing in Kotak Nifty Bank ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.