December 17, 2025
RA Jainee
Kotak Dividend Yield Fund Direct-Growth
Kotak Dividend Yield Fund Direct-Growth snapshot
| NFO opens on | 05 January 2026 |
| NFO Closes on | 19 Janauary 2026 |
| Min. Investment | Rs. 100 |
| Plans | Growth, IDCW |
| Sahifund Verdict | Kotak Dividend Yield Fund Direct-Growth aims to invest in dividend-yielding companies with the potential for long-term capital appreciation. The strategy focuses on relatively stable businesses, but returns can vary with market cycles and dividend sustainability. While the low minimum investment of Rs. 100 makes it accessible, investors should note that it remains an equity fund with high risk. Best suited for long-term investors seeking income-oriented equity exposure. |
⏱️ Last Update: 20 December 2025, 10.00 AM
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the Kotak Dividend Yield Fund Direct-Growth Open Date, Close Date?
NFO opens on January 05, 2026
NFO will close on January 19, 2026
Investment Strategy for this NFO?
The scheme is to generate long-term, capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies.
Basic Details
| Fund House | Kotak Mahindra Mutual Fund |
| Issue Open | 05 January 2026 |
| Issue Close | 19 January 2026 |
| Type | Open-ended |
| Category | Equity: Thematic-Dividend Yield |
| Min. Investment(₹) | 100 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year |
| Riskometer | Very High |
| Benchmark | NIFTY 500 TRI |
About Benchmark Index for this NFO?
The Nifty 500 index represents top 500 companies selected based on full market capitalization from the eligible universe
Nifty 500 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base period. Nifty 500 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variants: Nifty 500 Total Returns Index, Nifty500 Industry Indices.
Portfolio Characteristics
| Methodology | Free Float Market Capitalization |
| No. of Constituents | 501 |
| Launch Date | |
| Base Date | January 01, 1995 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Kotak Dividend Yield Fund Direct-Growth
1) Abhishek Bisen
Education: Mr. Bisen is a BA and MBA in Finance.
Experience: Prior to joining Kotak AMC, he 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.
2) Shibani Sircar Kurian
Education: Ms. Kurian has done PGDM (Specialization in Finance), BSc (Hons)-Economics
Experience: Prior to joining Kotak AMC, she was working with Dawnay Day AV India Advisors Pvt Ltd and UTI AMC.
AMC
Kotak Mahindra Asset Management Company Ltd
Address: The Capital Building, Behind ICICI Bank,
G Block BKC, Bandra Kurla Complex Bandra (E), Mumbai – 400051
Website: https://www.kotakmf.com/
Registrar & Transfer Agent
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Review for Kotak Dividend Yield Fund Direct-Growth @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY 500 TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 5.27 | 6.96 | 5.49 | 17.43 | 10.81 |
| Total Return | 5.41 | 8.04 | 6.56 | 18.63 | 12.50 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 13.40 | 14.42 | 22.07 |
| Beta (NIFTY 50) | 1.05 | 0.99 | 0.94 |
| Correlation (NIFTY 50) | 0.95 | 0.97 | 0.95 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 24.45 | 3.71 | 1.15 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 7.66 |
| Reliance Industries Ltd. | 5.28 |
| ICICI Bank Ltd. | 4.94 |
| Bharti Airtel Ltd. | 2.85 |
| Infosys Ltd. | 2.80 |
| Larsen & Toubro Ltd. | 2.38 |
| State Bank of India | 2.02 |
| ITC Ltd. | 1.94 |
| Axis Bank Ltd. | 1.83 |
| Mahindra & Mahindra Ltd. | 1.66 |
Past Performance of Abhishek Bisen
| Fund | Kotak Bond Fund | It’s Benchmark | Kotak Gilt Investment Provident Fund and Trust Plan | It’s Benchmark |
| 1 Year | 6.03 | 4.95 | 1.45 | 4.52 |
| 3 Year | 7.79 | 6.83 | 5.74 | 7.91 |
| 5 Year | 6.02 | 5.27 | 4.45 | 5.66 |
| 7 Year | 7.86 | 5.97 | 6.45 | 7.66 |
| 10 Year | 7.67 | 6.23 | 6.82 | 7.81 |
As on 17-12-2025
Past Performance of Shibani Sircar Kurian
| Fund | Kotak Contra Fund | It’s Benchmark | Kotak Banking & Financial Services Fund | It’s Benchmark |
| 1 Year | 0.96 | 1.88 | 6.98 | 9.24 |
| 3 Year | 19.90 | 15.46 | — | — |
| 5 Year | 19.80 | 16.94 | — | — |
| 7 Year | 17.47 | 15.81 | — | — |
| 10 Year | 16.71 | 15.01 | — | — |
As on 17-12-2025
[B] Review of Fund Managers
Abhishek Bisen
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Background: Mr. Bisen is a BA and MBA in Finance., Prior to joining Kotak AMC, he 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.
Shibani Sircar Kurian
-
Background: Ms. Kurian has done PGDM (Specialization in Finance), BSc (Hons)-Economics, Prior to joining Kotak AMC, she was working with Dawnay Day AV India Advisors Pvt Ltd and UTI AMC.
Kotak Dividend Yield Fund Direct-Growth: Detailed Review
Kotak Dividend Yield Fund Direct-Growth is a thematic equity fund that invests predominantly in dividend-yielding companies across market capitalisations. The fund seeks to combine steady income generation with long-term capital growth, making it different from pure growth-oriented equity funds. It is benchmarked against the NIFTY 500 TRI, offering a broad investment universe and sector diversification.
While dividend-focused strategies tend to be relatively defensive during volatile phases, they can underperform in strong bull markets led by high-growth stocks. The current benchmark fundamentals indicate moderate valuations and a reasonable dividend yield, but near-term returns may remain linked to market conditions.
Managed by experienced fund managers Abhishek Bisen and Shibani Sircar Kurian, the fund benefits from Kotak AMC’s strong research framework. However, given its thematic nature and very high risk rating, the fund is suitable only for investors with a long investment horizon and the ability to withstand interim volatility.
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Kotak Dividend Yield Fund Direct-Growth NFO?
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