Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW
Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market. From Kotak Mahindra Mutual Fund. It's been running since 21 Aug 2023.
What ₹1 lakh would have become
Based on past returnsThese are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.
Play with a monthly investment
Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.
Vs 500 other funds in Other Scheme - Index Funds
Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.
Year by year
Calendar-year returns. 4 of last 4 years were positive.
Price over time
How the per-unit price has moved. Tap a range to zoom in.
Bumpiness & worst drops
The value swings roughly 20% up or down in a typical year. Finance-speak calls this volatility.
A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.
Similar funds you might want to look at
Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.
Head-to-head comparisons
Side-by-side comparisons of Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW against other index funds.
Technical details (for the pros)
Fund info
- Fund house
- Kotak Mahindra Mutual Fund
- Category
- Other Scheme - Index Funds
- Plan
- Direct
- Option
- IDCW
- ISIN (Growth)
- INF174KA1OS5
- ISIN (Div re-invest)
- INF174KA1OT3
- Fund code
- 151912
- First price on record
- 21 Aug 2023 · 749 daily prices
About Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW
Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW is a Other Scheme - Index Funds offered by Kotak Mahindra Mutual Fund under the Direct plan with the IDCW option. It has approximately 3 years of NAV track record. The fund falls in the index category — Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.
The current NAV of Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW is ₹16.7970 (as of 4 Sep 2026). Historically, it has delivered 10.97% over the last year, 17.58% CAGR over 3 years. Returns are historical and don't predict future performance.
Over the last three years, the fund's prices have moved with 20.0% annualised volatility — a "very high" level of bumpiness; its deepest peak-to-trough fall on record was 17.1%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.
Frequently asked
What is the latest NAV of Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW?+
The latest NAV of Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW is ₹16.7970 as of 4 Sep 2026, up 0.80% from the previous day. NAV is updated once a business day after the market close.
What are the returns of Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW?+
Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW has delivered 1-year return 10.97%, 3-year CAGR 17.58%, since-inception CAGR 18.61%. Returns are historical and don't predict future performance — markets move in cycles.
What category does Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW belong to?+
Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW is categorised as Other Scheme - Index Funds. Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.
How risky is Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW?+
Based on its 3-year annualised volatility of 20.0%, Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW sits in the "very high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.
Is Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW a direct plan?+
Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).
How old is Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW?+
Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - IDCW has NAV history available from 21 Aug 2023 — approximately 3 years of track record and 749 daily NAV observations.
Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.