Fund Overview
Fund
Kotak Nifty Financial Services Ex-Bank Index Fund
Underlying Index: Nifty Financial ServicesEx BankISIN: INF174KA1OR7
16.546.86% (1Y)
End of Day NAV as on Sep 10, 2026
Fundamentals
| Asset Type | Equity |
| Underlying Index Type | Thematic Index |
| No. of Companies | 30 Companies |
| Market Cap Focus | Multi / Flexi Cap |
| Std Deviation (1 yr) | 1.31% |
| P/E | 41.32 |
| P/B | 6.62 |
| Div Yield | 0.88% |
| Asset Type | Equity |
| Underlying Index Type | Thematic Index |
| No. of Companies | 30 |
| Market Cap Focus | Multi / Flexi Cap |
| P/E | 41.32 |
| P/B | 6.62 |
| Div Yield | 0.88% |
| Std Deviation (1 yr) | 1.31% |
Fund Parameters
| AUM (Cr) | 100 |
| Base Expense Ratio | 0.18% |
| Tracking Error | 0.20% |
| All-In-Cost | 0.38% |
| Inception Date | 14 Aug 2023 |
| Scheme Plan - Option - Type | Direct Plan - Growth - Open ended scheme |
Native Score
| AUM (Cr) | 100 |
| Base Expense Ratio | 0.18% |
| Tracking Error | 0.20% |
| All-In-Cost | 0.38% |
| Inception Date | 14 Aug 2023 |
| Scheme Plan - Option - Type | Direct Plan - Growth - Open ended scheme |
| Native Score |
Similar Exchange Traded Funds (ETFs)
| Fund Name | ||||||||
|---|---|---|---|---|---|---|---|---|
| 32.36 | 213 | 0.17% | 0.01% | 1 | -0.15% | 0.18% |
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| Fund Name | Last Close | AUM (Cr) | Avg Exp Ratio | Tracking Error | 1M ADTO (Cr) | 1M Avg NAV Gap | All-In-Cost | Score |
|---|---|---|---|---|---|---|---|---|
| 32.36 | 213 | 0.17% | 0.01% | 1 | -0.15% | 0.18% |
Similar Index Funds
No similar index funds available for this index
Sectoral Allocation
Total
100%
allocation
- Finance78.8%
- Insurance12.4%
- IT6.2%
- Business Services2.4%
- Others0.1%
- Miscellaneous0.1%
- Finance78.8%
- Insurance12.4%
- IT6.2%
- Business Services2.4%
- Others0.1%
- Miscellaneous0.1%
Fund Holdings
| Name | Weight |
|---|
| Bajaj Finance Ltd. | 17.0% |
| BSE Ltd. | 8.3% |
| Shriram Finance Ltd. | 8.2% |
| Bajaj Finserv Ltd. | 6.5% |
| SBI Life Insurance Company Ltd. | 4.7% |
| JIO Financial Services Ltd. | 4.7% |
| Cholamandalam Investment and Finance Company Ltd. | 4.5% |
| Multi Commodity Exchange Of India Ltd. | 3.8% |
| Power Finance Corporation Ltd. | 3.4% |
| HDFC Life Insurance Company Ltd. | 3.3% |
| One97 Communications Ltd. | 3.1% |
| PB Fintech Ltd. | 3.1% |
| HDFC Asset Management Company Ltd. | 3.0% |
| Bajaj Holdings & Investment Ltd. | 2.7% |
| REC Ltd. | 2.6% |
| Max Financial Services Ltd. | 2.2% |
| ICICI Lombard General Insurance Company Ltd. | 2.2% |
| Muthoot Finance Ltd. | 1.9% |
| Aditya Birla Capital Ltd. | 1.9% |
| 360 One Wam Ltd. | 1.6% |
| L&T Finance Ltd. | 1.5% |
| Central Depository Services (India) Ltd. | 1.3% |
| ICICI Prudential Life Insurance Company Ltd. | 1.1% |
| PNB Housing Finance Ltd. | 1.1% |
| SBI Cards And Payment Services Ltd. | 1.1% |
| Angel One Ltd. | 1.1% |
| Computer Age Management Services Ltd. | 1.1% |
| Life Insurance Corporation of India | 1.0% |
| Indian Railway Finance Corporation Ltd. | 1.0% |
| LIC Housing Finance Ltd. | 0.9% |
| Net Current Asset | 0.1% |
| Tri-Party Repo (TREPS) | 0.1% |
NameWeight
Bajaj Finance Ltd.17.0%
BSE Ltd.8.3%
Shriram Finance Ltd.8.2%
Bajaj Finserv Ltd.6.5%
SBI Life Insurance Company Ltd.4.7%
JIO Financial Services Ltd.4.7%
Cholamandalam Investment and Finance Company Ltd.4.5%
Multi Commodity Exchange Of India Ltd.3.8%
Power Finance Corporation Ltd.3.4%
HDFC Life Insurance Company Ltd.3.3%
One97 Communications Ltd.3.1%
PB Fintech Ltd.3.1%
HDFC Asset Management Company Ltd.3.0%
Bajaj Holdings & Investment Ltd.2.7%
REC Ltd.2.6%
Max Financial Services Ltd.2.2%
ICICI Lombard General Insurance Company Ltd.2.2%
Muthoot Finance Ltd.1.9%
Aditya Birla Capital Ltd.1.9%
360 One Wam Ltd.1.6%
L&T Finance Ltd.1.5%
Central Depository Services (India) Ltd.1.3%
ICICI Prudential Life Insurance Company Ltd.1.1%
PNB Housing Finance Ltd.1.1%
SBI Cards And Payment Services Ltd.1.1%
Angel One Ltd.1.1%
Computer Age Management Services Ltd.1.1%
Life Insurance Corporation of India1.0%
Indian Railway Finance Corporation Ltd.1.0%
LIC Housing Finance Ltd.0.9%
Net Current Asset0.1%
Tri-Party Repo (TREPS)0.1%
Holdings Concentration
Total covered: 100%
Top 1–5
5 holdings
44.7%
45%
share
Top 6–10
5 holdings
19.7%
20%
share
Top 11–20
10 holdings
24.3%
24%
share
Beyond 20
12 holdings
11.4%
11%
share
Market Cap Classification
Total
100%
allocation
- Large Cap70.1%
- Mid Cap24.2%
- Small Cap5.4%
- Large Cap70.1%
- Mid Cap24.2%
- Small Cap5.4%
Advanced Ratios
| Alpha | -0.02 |
| Beta | 1.00 |
| Sharpe Ratio | 0.03 |
| Sortino Ratio | 0.05 |
| Treynor Ratio | 0.04 |
| Information Ratio | -0.08 |
| Upside Capture | 97.10% |
| Downside Capture | 100.61% |
Index Methodology
| Factor Basis | Sector/Theme |
| What universe selected from? | Nifty 500 |
| Weightage? | Free-Float Market Cap Weighting; Max Weight per stock = 25%, Top 3<=62% |
| Stocks Included | Top 30 stocks from the Financial Services Industries other than banks, based on FF Market Capitalization (6-month average) are selected. |
| Exclusions | Constituents moving out of the Nifty 500 and currently part of the Nifty Financial Services Ex-Bank Index are excluded. Smallest Member non-F&O constituent to be excluded if Non-Member F&O stock within a segment is eligbile for inclusion; Smallest index constituent to be excluded if: 1) Non- member stock is eligible, 2) 6-month avg. FF Market Cap is at least 1.5x the smallest index constituent. |
| Factor Basis | Sector/Theme |
| Universe | Nifty 500 |
| Weightage | Free-Float Market Cap Weighting; Max Weight per stock = 25%, Top 3<=62% |
| Stocks Included | Top 30 stocks from the Financial Services Industries other than banks, based on FF Market Capitalization (6-month average) are selected. |
| Exclusions | Constituents moving out of the Nifty 500 and currently part of the Nifty Financial Services Ex-Bank Index are excluded. Smallest Member non-F&O constituent to be excluded if Non-Member F&O stock within a segment is eligbile for inclusion; Smallest index constituent to be excluded if: 1) Non- member stock is eligible, 2) 6-month avg. FF Market Cap is at least 1.5x the smallest index constituent. |
Fund • Last updated: 11/09/2026