Fundalysisby DARKHORSESTOCKS

Scheme

Kotak Nifty Midcap 50 ETF

Holds 50 companies worth ₹202 Cr in Sept 2026.

  • Fund house

    KotakThe fund house that runs this scheme.

  • AUM

    ₹210 CrKotak Nifty Midcap 50 ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 2.0% on Aug 2026, ₹214 Cr.

  • Largest holding

    Multi Commodity Exchange of India LimitedMulti Commodity Exchange of India Limited is 3.9% of this scheme's NAV.

  • Fund manager

    Abhishek BisenRuns it since 28 Jan 2022, as the fund house dates it. With Satish Dondapati (fund manager), Jeetu Valechha Sonar (fund manager).

Overview(9 Oct 2026)

Fund managers3

  1. Abhishek BisenFund manager · Jan 2022 · 23y · MBA
  2. Satish DondapatiFund manager · Jan 2022 · 22y · MBA
  3. Jeetu Valechha SonarFund manager · Mar 2026 · 11y
  1. Devender SinghalJan 2022 – Feb 2026

Key facts

Benchmark
NIFTY Midcap 50 TRI
Risk
Very High
Expense
Regular 0.35% · Direct 0%
Exit load
Nil
Started
28 Jan 2022
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 Alpha 50 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)/ Large Investors to provide liquidity in secondary market on an ongoing basis. The Authorised Participant(s)/Large Investors would offer daily twoway quote in the market.

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

What changed(5 changes)

Jul 2026

1 change
  1. Expense ratio
    30 JulRegular 0.25% → 0.26%

Apr 2026

1 change
  1. Expense ratio
    29 AprRegular 0.05% → 0.25%

Feb 2026

2 changes
  1. Jeetu Valechha Sonar joined
    27 Febas fund manager
  2. Devender Singhal left
    27 Febran it as fund manager from Jan 2022

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Jan 2022 – now)

  1. Abhishek Bisen
  2. Satish Dondapati
  3. Jeetu Valechha Sonar
  4. Devender Singhal
MainCoSlice2023202420252026
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.
3 changesRegularDirectΔ pt
30 Jul 20260.26%0.00%0
29 Apr 20260.25%0.00%0
31 Aug 20240.05%0.00%–
Direct plan, 30 Jul 2026
0.00%
Regular plan 0.26% · 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 Midcap 50 Index and to generate returns that are commensurate with the performance of the NIFTY Midcap 50 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 Midcap 50 Index(NSE Symbol-MIDCAP)
Benchmark
NIFTY Midcap 50 TRI

Asset allocation it may hold% of NAV

  1. Equity and Equity related securities covered by the Nifty Midcap 50 Index
    Allowed95–100%Holds99.9%
  2. Debt & Money Market Instrument
    Allowed0–5%Holds0.1%

Holds in Sept 2026.99.9% equity · 0.1% debt and cash

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 Alpha 50 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)/ Large Investors to provide liquidity in secondary market on an ongoing basis. The Authorised Participant(s)/Large Investors would offer daily twoway quote in the market., then ongoing purchases directly from the Mutual Fund would be restricted to Market Makers and Large Investors (subject to transactions greater than INR 25 crores or such other amount as may be specified by SEBI from time to time) provided the value of units to be purchased is in creation unit size or multiples thereof. The aforesaid limit of Rs.25 crores is not applicable for Market Makers. Market Makers / Large Investors may exchange Portfolio Deposit / cash equivalent to the portfolio deposit and applicable cash component and transaction handling charges for Purchase of Units of the Scheme in ‘Creation Unit’ size or in multiples thereof directly from the Mutual Fund, as defined by the Scheme for that respective Business Day. Units may be allotted only on realization of the full consideration for creation unit and at the value at which the underlying stocks for the creation unit is purchased against that purchase request.

Selling and switching

To redeem
All investors including Market Makers, 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 Market Makers and Large Investors on any business day in creation units size. RTGS/ NEFT / Transfer cheque

Scheme details(9 Oct 2026)

What it is

Category
ETFs
Offer
6 Jan 2022 to 20 Jan 2022
Started
28 Jan 2022
Reopened
4 Feb 2022
Plans
The Scheme does not offer any Plans/Options for investment.
Face value
₹1
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/21/10/0069