December 16, 2025
RA Jainee
Kotak Nifty Next 50 ETF-Growth
Kotak Nifty Next 50 ETF-Growth snapshot
| NFO opens on | 18 December 2025 |
| NFO Closes on | 01 Janauary 2026 |
| Min. Investment | Rs. 5000 |
| Plans | Growth |
| Sahifund Verdict | Kotak Nifty Next 50 ETF–Growth offers passive exposure to India’s emerging large-cap companies that sit just below the Nifty 50. The index has historically delivered superior long-term growth, though with higher volatility than frontline indices. With zero exit load and transparent rules-based investing, the ETF suits investors with high risk appetite and long investment horizons. Not ideal for short-term or conservative investors. |
⏱️ 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 Nifty Next 50 ETF-Growth Open Date, Close Date?
NFO opens on December 18, 2025
NFO will close on January 01, 2026
Investment Strategy for this NFO?
The scheme seeks to generate Passive Investment in equity and equity related securities replicating the composition of Nifty Next 50 Index, subject to tracking error.
Basic Details
| Fund House | Kotak Mahindra Mutual Fund |
| Issue Open | 18 December 2025 |
| Issue Close | 01 January 2026 |
| Type | Open-ended |
| Category | Equity: Large Cap |
| Min. Investment(₹) | 5,000 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | NIFTY Next 50 TRI |
About Benchmark Index for this NFO?
The Nifty Next 50 Index represents 50 companies from Nifty 100 after excluding the Nifty 50 companies.
Nifty Next 50 is computed using free float market capitalization method wherein the level of the index reflects total free float market value of all the stocks in the index relative to a particular base market capitalization value. Nifty Next 50 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 Next 50 Total Returns Index.
Portfolio Characteristics
| Methodology | Periodic Capped Free Float |
| No. of Constituents | 50 |
| Launch Date | December 24, 1996 |
| Base Date | November 04, 1996 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Kotak Nifty Next 50 ETF-Growth
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 Next 50 ETF-Growth @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY Next 50 TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 1.90 | 1.69 | -2.25 | 17.91 | 15.68 |
| Total Return | 2.00 | 2.56 | -1.33 | 18.86 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 17.50 | 17.44 | 25.47 |
| Beta (NIFTY 50) | 1.16 | 1.00 | 0.96 |
| Correlation (NIFTY 50) | 0.80 | 0.81 | 0.85 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 20.12 | 3.6 | 1.4 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Vedanta Ltd. | 3.86 |
| Hindustan Aeronautics Ltd. | 3.74 |
| TVS Motor Company Ltd. | 3.59 |
| Divi’s Laboratories Ltd. | 3.56 |
| Cholamandalam Investment and Finance Company Ltd. | 3.17 |
| Bharat Petroleum Corporation Ltd. | 3.01 |
| Britannia Industries Ltd. | 2.99 |
| Tata Power Co. Ltd. | 2.84 |
| Indian Hotels Co. Ltd. | 2.83 |
| Varun Beverages Ltd. | 2.83 |
Past Performance of Devender Singhal
| Fund | Kotak BSE Sensex ETF | It’s Benchmark | Kotak Nifty 50 Value 20 ETF | It’s Benchmark |
| 1 Year | 4.80 | 4.95 | -4.21 | 2.47 |
| 3 Year | 12.42 | 14.66 | 14.51 | 15.36 |
| 5 Year | 14.07 | 16.22 | 16.94 | 17.30 |
| 7 Year | 14.15 | 15.18 | 16.10 | 15.93 |
| 10 Year | 13.98 | 14.77 | 16.15 | 15.15 |
As on 16-12-2025
Past Performance of Satish Dondapati
| Fund | Kotak Nifty Bank ETF | It’s Benchmark | Kotak Nifty Next 50 Index Fund | It’s Benchmark |
| 1 Year | 11.60 | 10.29 | -5.21 | 4.95 |
| 3 Year | 11.67 | 11.47 | 16.81 | 14.66 |
| 5 Year | 14.71 | 14.50 | — | — |
| 7 Year | 12.21 | 12.73 | — | — |
| 10 Year | 14.02 | 14.24 | — | — |
As on 16-12-2025
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 | 5.99 | 4.90 | 1.37 | 4.40 |
| 3 Year | 7.76 | 6.78 | 5.71 | 7.80 |
| 5 Year | 6.00 | 5.24 | 4.43 | 5.61 |
| 7 Year | 7.85 | 5.96 | 6.44 | 7.64 |
| 10 Year | 7.70 | 6.23 | 6.85 | 7.81 |
As on 16-12-2025
[B] Review of Fund Managers
Devender Singhal
-
Background: Mr. Singhal has done B.A. (Maths) from Delhi University and PGDM, Finance from Fore School of Management, Delhi., 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 ).
Satish Dondapati
-
Background: Mr. Dondapati has done MBA Finance, Prior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.
Abhishek Bisen
-
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.
Kotak Nifty Next 50 ETF–Growth: Detailed Review
Kotak Nifty Next 50 ETF–Growth aims to replicate the performance of the NIFTY Next 50 TRI, subject to tracking error. The index represents companies that are potential future entrants into the Nifty 50, offering higher growth potential compared to traditional large-cap indices.
The ETF follows a capped free-float methodology with semi-annual rebalancing, ensuring diversification and discipline. While long-term returns have been attractive, near-term performance can be volatile, as reflected in recent 1-year returns.
Sahifund Verdict: Backed by an experienced fund management team and Kotak AMC’s strong passive investing framework, the ETF works well as a satellite allocation alongside Nifty 50 exposure. Investors should have a minimum investment horizon of 7–10 years and be comfortable with interim drawdowns.
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Kotak Nifty Next 50 ETF-Growth NFO?
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