Kotak Nifty India Tourism Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 05-03-2025
₹ 8.88
▲0.3%
1D
Inception Returns
/yr
About Kotak Nifty India Tourism Index Fund Direct Growth
Kotak Nifty India Tourism Index Fund Direct Growth is an equity fund. This fund was started on 2 September, 2024. The fund is managed by Devender Singhal, Satish Dondapati, Abhishek Bisen. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Nifty India Tourism Index Fund Direct Growth has ₹24 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Kotak Nifty India Tourism Index Fund Direct Growth has given a CAGR return of -13.76% since inception.
Holdings
Kotak Nifty India Tourism Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial. Its top holdings are InterGlobe Aviation Ltd, Indian Hotels Co Ltd, Jubilant Foodworks Ltd, GMR Airports Ltd, Indian Railway Catering And Tourism Corp Ltd
Taxation
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Kotak Nifty India Tourism Index Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Nifty India Tourism Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
▲
▼
926 people have invested ₹ 38.8L in Kotak Nifty India Tourism Index Fund Direct Growth in the last three months
Kotak Nifty India Tourism Index Fund Direct Growth Overview
| Expense ratio | 0.33% |
Benchmark | Nifty India Tourism Index INR |
| AUM | ₹24 Cr |
| Inception Date | 2 September, 2024 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Fund Distribution
as on (31-Jan-25)
Mid cap
56.6%
Small cap
24.7%
Large cap
20.1%
Sector Allocation
Consumer Cyclical
53.6%
Industrial
46.4%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 24.7 Cr as of Jan'25
- AUM increased by 1.8 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Indian Railway Catering And Tourism Corp Ltd's allocation increased from 10.4% to 11.9%
Jubilant Foodworks Ltd's allocation increased from 12.01% to 12.89%
InterGlobe Aviation Ltd's allocation increased from 19.31% to 20.07%
Top Stocks sold last month
Indian Hotels Co Ltd's allocation decreased from 20.25 % to 19.31 %
EIH Ltd's allocation decreased from 3.93 % to 3.8 %
Sapphire Foods India Ltd's allocation decreased from 3.4 % to 3.27 %
Mid Cap allocation has gone down from 59.2% to 55%
Large Cap allocation has gone down from 19.6% to 19.3%
Small Cap allocation has gone up from 23.2% to 25.7%
Cash allocation has gone down from -0.1% to -1.3%
Top 2 Sectors in January were Consumer Cyclical, Industrial
Jan'25
Consumer Cyclical
54%
Industrial
46%
Dec'24
Consumer Cyclical
55%
Industrial
45%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Interglobe Aviation Ltd | 2.8% |
 Sapphire Foods India Ltd | 2.2% |
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Devender Singhal
Fund Manager of Kotak Nifty India Tourism Index Fund Direct Growth, since 2 September 2024
Top funds managed
Satish Dondapati
Fund Manager of Kotak Nifty India Tourism Index Fund Direct Growth, since 2 September 2024
Top funds managed
Abhishek Bisen
Fund Manager of Kotak Nifty India Tourism Index Fund Direct Growth, since 2 September 2024
Top funds managed
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.84L Cr
as on 31-Jan-2025
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com
Kotak Nifty India Tourism Index Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
Fund Allocations
This fund has an allocation of 101.34% in Equity, 0% in Debt and -1.34% in Cash related instruments
AUM size ₹24 Cr
This fund has AUM of ₹24 Cr which is less than its category average of ₹ 775 Cr
Expense Ratio 0.33%
This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.54%
Frequently Asked Questions for Kotak Nifty India Tourism Index Fund Direct Growth
The current NAV of Kotak Nifty India Tourism Index Fund Direct Growth is ₹8.88 as on 05-Mar-2025.
Existing (Absolute + CAGR) as on 05-Mar-2025.
Kotak Nifty India Tourism Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -8.99% | -8.99% |
6 Month Returns | -13.76% | -13.76% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.33% as on February 2025
₹24 Cr as on February 2025
InterGlobe Aviation Ltd(20.07%), Indian Hotels Co Ltd(19.31%), Jubilant Foodworks Ltd(12.89%), GMR Airports Ltd(12.5%), Indian Railway Catering And Tourism Corp Ltd(11.9%) as on February 2025
The alpha ratio for the Kotak Nifty India Tourism Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Nifty India Tourism Index Fund Direct Growth | - | - | - |
As on February 2025
The alpha for Kotak Nifty India Tourism Index Fund Direct Growth is calculated against Nifty India Tourism Index INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Kotak Nifty India Tourism Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Nifty India Tourism Index Fund Direct Growth | - | - | - |
As on February 2025
The Beta for Kotak Nifty India Tourism Index Fund Direct Growth is calculated with Nifty India Tourism Index INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Kotak Nifty India Tourism Index Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Nifty India Tourism Index Fund Direct Growth | - | - | - |
As on February 2025
The sharpe ratio for Kotak Nifty India Tourism Index Fund Direct Growth is calculated with Nifty India Tourism Index INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Kotak Nifty India Tourism Index Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Nifty India Tourism Index Fund Direct Growth | - | - | - |
As on February 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Devender Singhal, Satish Dondapati, Abhishek Bisen are the fund managers of Kotak Nifty India Tourism Index Fund Direct Growth
The Exit load of Kotak Nifty India Tourism Index Fund Direct Growth is 0%