Kotak Nifty 50 ETF

(NIFTY1)

Kotak Nifty 50 ETF is a passively managed exchange-traded fund that tracks India's benchmark equity index, the Nifty 50 Index. Managed by Kotak Mahindra Mutual Fund, one of India's largest asset management companies, this ETF was launched in February 2010. Its objective is to provide investors with returns that closely correspond to the performance of the Nifty 50 Index.

The Nifty 50 Index comprises 50 of the largest and most liquid stocks listed on the National Stock Exchange. It is a free-float market capitalization weighted index, with the weight of each stock proportional to the free-float market capitalization of the company. The index consists of stocks like Infosys, Asian Paints and Airtel among others.

Kotak Nifty 50 ETF is ideal for long-term investors seeking exposure to the Indian stock markets. It is well-diversified, cost-efficient, and tax-efficient, making it a great choice for investors looking to invest in the Indian markets.

Owner: Kotak Mahindra Mutual Fund
Ticker: NIFTY1
Price: ₹243.04 per unit as on 28 Feb, 2025 04:01 PM
Asset Under Management AUM: ₹2,688.42Cr as of today
Expense Ratio: 0.04% as of today