Kotak Nifty Bank ETF (PIDCW-I)

Kotak Nifty Bank ETF (PIDCW-I) is an Exchange Traded Fund which is benchmarked to . Kotak Nifty Bank ETF (PIDCW-I) is managed by the Kotak Mahindra Mutual Fund with the fund managers being Devender Singhal, Jeetu Valechha Sonar, Satish Dondapati. The Kotak Nifty Bank ETF (PIDCW-I) was launched on 2014-12-04 with no lock-in period. Since its inception, the fund has delivered 10.768% as a return on investment.The fund has delivered a 1-year return of 3.881%, a 3-year return of 10.473%, and a 5-year return of 11.399%.

As on 22 Jun, 2026 the NAV of the fund is Rs 60.12 and the AUM is Rs 4357.89 crores. The fund charges an expense ratio of 0.15% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.

Since the scheme is benchmarked to , the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The Kotak Nifty Bank ETF (PIDCW-I) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.

Scripbox provides a unique feature through which you can compare the performance of Kotak Nifty Bank ETF (PIDCW-I) with another fund in a similar category. This way you can make a well-informed investment decision.