Fundalysisby DARKHORSESTOCKS

Scheme

Kotak Nifty IT ETF

Holds 10 companies worth ₹295 Cr in Sept 2026.

  • Fund house

    KotakThe fund house that runs this scheme.

  • AUM

    ₹300 CrKotak Nifty IT ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 8.2% on Aug 2026, ₹327 Cr.

  • Largest holding

    InfosysInfosys is 31.3% of this scheme's NAV.

  • Fund manager

    Satish DondapatiRuns it since 9 May 2019, as the fund house dates it. With Jeetu Valechha Sonar (fund manager).

Overview(9 Oct 2026)

Fund managers2

  1. Satish DondapatiFund manager · May 2019 · 22y · MBA
  2. Jeetu Valechha SonarFund manager · Mar 2026 · 11y
  1. Abhishek BisenMay 2019 – Feb 2026
  2. Devender SinghalMay 2019 – Feb 2026

Key facts

Benchmark
Nifty IT Index TRI
Risk
Very High
Expense
Regular 0.15% · Direct 0%
Exit load
Nil
Started
2 Mar 2021
Minimum
Ongoing purchases directly from the Mutual Fund would be restricted to Authorized Participants and Large Investors provided the value of units to be purchased is in creation unit size. Authorised Participants and Large Investors may buy the units on any business day of the scheme directly from the Mutual Fund by paying applicable transaction handling charges and cash component in cash and by depositing basket of securities comprising Nifty IT Index TRI. Units may be allotted only on realization of cheque where the full consideration for creation unit is paid by cheque and at the value at which the underlying stocks for the creation unit is purchased against that purchase request. The units are listed on NSE to provide liquidity through secondary market. All categories of Investors may purchase the units through secondary market on any trading day.The AMC will appoint Authorised Participant(s) to provide liquidity in secondary market on an ongoing basis. The Authorised Participant(s) would offer daily two-way quote in the market.

Source.Its Scheme Summary Document as of 9 Oct 2026 at AMFI.

What changed(8 changes)

Aug 2026

1 change
  1. Expense ratio
    30 AugRegular 0.17% → 0.14%

Jul 2026

1 change
  1. Expense ratio
    30 JulRegular 0.11% → 0.17%

Jun 2026

1 change
  1. Expense ratio
    29 JunRegular 0.09% → 0.11%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Mar 2021 – now)

  1. Satish Dondapati
  2. Jeetu Valechha Sonar
  3. Abhishek Bisen
  4. Devender Singhal
MainCoSlice20222023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Oct 2026)

Every change to the expense ratio, newest first.
4 changesRegularDirectΔ pt
30 Aug 20260.14%0.00%0
30 Jul 20260.17%0.00%0
29 Jun 20260.11%0.00%0
31 Aug 20240.09%0.00%–
Direct plan, 30 Aug 2026
0.00%
Regular plan 0.14% · Exit load nil
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(9 Oct 2026)

Objective

The investment objective of the scheme is to replicate the composition of the NIFTY IT Index and to generate returns that are commensurate with the performance of the NIFTY IT Index, subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open ended scheme replicating/tracking NIFTY IT Index(NSE Symbol-IT)
Benchmark
Nifty IT Index TRI

Asset allocation it may hold% of NAV

  1. Equity and Equity related securities covered by the Nifty IT Index including Derivatives
    Allowed95–100%Holds100.0%
  2. Medium - High (Risk Profile) Debt & Money Market Instruments
    Allowed0–5%Holds0.0%

Holds in Sept 2026.100.0% equity

How to invest(9 Oct 2026)

Buying

To start
Ongoing purchases directly from the Mutual Fund would be restricted to Authorized Participants and Large Investors provided the value of units to be purchased is in creation unit size. Authorised Participants and Large Investors may buy the units on any business day of the scheme directly from the Mutual Fund by paying applicable transaction handling charges and cash component in cash and by depositing basket of securities comprising Nifty IT Index TRI. Units may be allotted only on realization of cheque where the full consideration for creation unit is paid by cheque and at the value at which the underlying stocks for the creation unit is purchased against that purchase request. The units are listed on NSE to provide liquidity through secondary market. All categories of Investors may purchase the units through secondary market on any trading day.The AMC will appoint Authorised Participant(s) to provide liquidity in secondary market on an ongoing basis. The Authorised Participant(s) would offer daily two-way quote in the market.

Selling and switching

To redeem
All investors including Authorised Participants, Large Investors and other investors may sell their units in the stock exchange(s) on which these units are listed on all trading days of the stock exchange Mutual Fund will repurchase units from Authorised participants and Large Investors on any business day in creation units size.

Scheme details(9 Oct 2026)

What it is

Category
Index Funds/ ETFs
Offer
26 Feb 2021
Started
2 Mar 2021
Reopened
26 Feb 2021
Plans
The Scheme does not offer any Plans/Options for investment.
Face value
₹10
Listed
The units of the Scheme are listed on National Stock Exchange of India Ltd. (NSE)

How it is run

Swing pricing
No
Side-pocketing
Enabled, No segregated portfolio created
Custodian
Deutsche Bank A G, Mumbai & Standard Chartered Bank
Auditor
S. R. Batliboi & Co. LLP
Registrar
Computer Age Management Services (‘CAMS’)
SEBI code
KOTM/O/O/EET/21/01/0062