January 31, 2025
mayank
Kotak Nifty 100 Equal Weight ETF details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Kotak Nifty 100 Equal Weight ETF Open Date, Close Date?
NFO opens on February 03, 2025
NFO will close on February 17, 2025
Investment Strategy for this NFO?
The scheme seeks to replicate the composition of the Nifty 100 Equal Weight Index and to generate returns that are commensurate with the performance of the Nifty 100 Equal Weight Index, subject to tracking errors.
Basic Details
| Fund House | Kotak Mahindra Mutual Fund |
| Issue Open | 03 February 2025 |
| Issue Close | 17 February 2025 |
| Type | Open-ended |
| Category | Equity: Large Cap |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | NIFTY 100 Equal Weight TRI |
About Benchmark Index for this NFO?
The Nifty100 Equal Weight Index comprises of same constituents as Nifty 100 Index (free float market capitalization based Index). The Nifty 100 tracks the behaviour of combined portfolio of two indices viz. Nifty 50 and Nifty Next 50.
Each constituent in Nifty100 Equal Weight Index is allocated fixed equal weight at each re-balancing.
Nifty100 Equal Weight Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty 100 Equal Weight Total Returns Index.
Portfolio Characteristics
| Methodology | Equal Weighted |
| No. of Constituents | 100 |
| Launch Date | June 10, 2013 |
| Base Date | January 01, 2003 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi – Annually |
Fund Managers of Kotak Nifty 100 Equal Weight Exchange Traded Fund
1) Devender Singhal
Education: Mr. Singhal has done B.A. (Maths) from Delhi University and PGDM, Finance from Fore School of Management, Delhi.
Experience: Prior to joining Kotak Mahindra AMC , he has worked with Kotak Securities Ltd.(July 2007 — January 2009) ,Religare (February 2006 — June 2007), Karvy (July 2004 — January 2006), P N Vijay Financial Services Pvt Ltd(2001 — 2004) and Dundee Mutual Fund( Summer Trainee ) (May 2000 — June 2000 ).
2) Satish Dondapati
Education: Mr. Dondapati has done MBA Finance
Experience: Prior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.
3) 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.
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 Nifty 100 Equal Weight ETF by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of NIFTY 100 Equal Weight TRI
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -11.47 | 16.58 | 16.58 | 18.54 | 16.94 |
| Total Return | -11.35 | 17.54 | 17.54 | 19.86 | 18.79 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 16.08 | 18.52 | 21.37 |
| Beta (NIFTY 50) | 1.05 | 0.90 | 0.93 |
| Correlation (NIFTY 50) | 0.91 | 0.92 | 0.94 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 22.73 | 3.6 | 1.24 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Adani Total Gas Ltd. | 1.14 |
| Bajaj Holdings & Investment Ltd. | 1.06 |
| Adani Enterprises Ltd. | 1.06 |
| Adani Power Ltd.. | 1.05 |
| United Spirits Ltd. | 1.04 |
| Divi’s Laboratories Ltd. | 1.04 |
| IndusInd Bank Ltd. | 1.03. |
| Cipla Ltd. | 1.03 |
| Dr. Reddy’s Laboratories Ltd | 1.03.. |
| Sun Pharmaceutical Industries Ltd. | 1.03 |
Note on Benchmark Performance:
The scheme seeks to replicate the composition of the Nifty 100 Equal Weight Index. The benchmark comprises of same constituents as Nifty 100 Index (free float market capitalization based Index). The Nifty 100 tracks the behaviour of combined portfolio of two indices viz. Nifty 50 and Nifty Next 50. It covers top performing companies of Nifty 50 and Nifty Next 50. During last 5 years, the benchmark index has provided return of 19.86% pa. which is quite reasonable.
[ B ] Performance Review of the Fund Managers of this NF
Past Performance of Devender Singhal
| Fund | Kotak Nifty 50 ETF | It’s Benchmark | Kotak Nifty 50 Value 20 ETF | It’s Benchmark |
| 1 Year | 9.29 | 10.54 | 12.44 | 9.52 |
| 3 Year | 11.95 | 13.36 | 16.08 | 14.15 |
| 5 Year | 15.18 | 16.40 | 20.76 | 17.78 |
| 7 Year | 12.37 | 12.82 | 16.31 | 13.14 |
| 10 Year | 11.23 | 12.05 | — | — |
As on 31-1-2025
Past Performance of Satish Dondapati
| Fund | Kotak BSE Sensex ETF | It’s Benchmark | Kotak Nifty 50 ETF | It’s Benchmark |
| 1 Year | 8.91 | 10.54 | 9.29 | 10.54 |
| 3 Year | 11.37 | 13.36 | 11.95 | 13.36 |
| 5 Year | 14.44 | 16.40 | 15.18 | 16.40 |
| 7 Year | 12.43 | 12.82 | 12.37 | 12.82 |
| 10 Year | 11.22 | 12.05 | 11.23 | 12.05 |
As on 31-1-2025
Past Performance of Abhishek Bisen
| Fund | Kotak Equity Hybrid Fund | It’s Benchmark | Kotak Equity Savings Fund | It’s Benchmark |
| 1 Year | 16.83 | 9.39 | 10.16 | 8.87 |
| 3 Year | 15.12 | 12.72 | 11.60 | 9.55 |
| 5 Year | 17.86 | 15.40 | 11.75 | 10.57 |
| 7 Year | 14.19 | 11.99 | 10.21 | 9.10 |
| 10 Year | 13.46 | 11.75 | 9.91 | 8.75 |
As on 31-1-2025
Note on Fund Managers’ performance
As you know, the Fund managers are like pilots navigating through both turbulent and calm skies. Their ability to manage the fund effectively during both challenging and favorable times is key. Therefore, analyzing the historical performance of fund managers is important to gauge their future potential. We have reviewed several schemes managed by these fund managers, and as noted earlier, their past performance has been somewhat underwhelming. (as mentioned below). The past performance of the third fund manager, Shri Abhishek Bisen is good when compared to its benchmark returns.
[ C ] Conclusion
Taking into account these three factors, we anticipate an average return on this NFO over a one- to two-year period.
Is it good to invest in Kotak Nifty 100 Equal Weight Exchange Traded Fund NFO?
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