Fundalysisby DARKHORSESTOCKS

Scheme

Kotak Nifty MNC ETF

Holds 30 companies worth ₹44.6 Cr in Sept 2026.

  • Fund house

    KotakThe fund house that runs this scheme.

  • AUM

    ₹46 CrKotak Nifty MNC ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 2.3% on Aug 2026, ₹47 Cr.

  • Largest holding

    MARUTI SUZUKI INDA LIMITEDMARUTI SUZUKI INDA LIMITED is 10.2% of this scheme's NAV.

  • Fund manager

    Abhishek BisenRuns it since 5 Aug 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 · Aug 2022 · 23y · MBA
  2. Satish DondapatiFund manager · Aug 2022 · 22y · MBA
  3. Jeetu Valechha SonarFund manager · Mar 2026 · 11y
  1. Devender SinghalAug 2022 – Feb 2026

Key facts

Benchmark
NIFTY MNC Index TRI
Risk
Very High
Expense
Regular 0.4% · Direct 0%
Exit load
Nil
Started
5 Aug 2022
Minimum
Ongoing purchases directly from the Mutual Fund would be restricted to Market Makers and Large Investors provided the value of units to be purchased is in creation unit size or multiples thereof. Market Makers andLarge 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 MNC Index. 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 shall appoint at least two Market Makers, who are members of the Stock Exchanges, for ETFs to provide continuous liquidity on the stock exchange platform by providing two-way quotes in the units of the Scheme during trading hours.

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

What changed(4 changes)

Aug 2026

1 change
  1. Expense ratio
    30 AugRegular 0.39% → 0.36%

Jul 2026

1 change
  1. Expense ratio
    30 JulRegular 0.3% → 0.39%

Feb 2026

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

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Aug 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(Apr 2026 – Oct 2026)

Every change to the expense ratio, newest first.
3 changesRegularDirectΔ pt
30 Aug 20260.36%0.00%0
30 Jul 20260.39%0.00%0
29 Apr 20260.30%0.00%–
Direct plan, 30 Aug 2026
0.00%
Regular plan 0.36% · 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 MNC Index and to generate returns that are commensurate with the performance of the NIFTY MNC 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 MNC Index(NSE Symbol-MNC)
Benchmark
NIFTY MNC Index TRI

Asset allocation it may hold% of NAV

  1. Equity and Equity related securities covered by the NIFTY MNC Index
    Allowed95–100%Holds100.0%
  2. Medium to 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 Market Makers and Large Investors provided the value of units to be purchased is in creation unit size or multiples thereof. Market Makers andLarge 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 MNC Index. 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 shall appoint at least two Market Makers, who are members of the Stock Exchanges, for ETFs to provide continuous liquidity on the stock exchange platform by providing two-way quotes in the units of the Scheme during trading hours.

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. Any Transaction placed for redemption or subscription directly with the AMC must be greater than INR 25 crores or such other amount as may be specified by SEBI from time to time and shall be at intra-day NAV based on the actual execution price of the underlying portfolio. The aforesaid threshold shall not be applicable for MMs.

Scheme details(9 Oct 2026)

What it is

Category
Index Funds/ ETFs
Offer
1 Aug 2022 to 4 Aug 2022
Started
5 Aug 2022
Reopened
12 Aug 2022
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/21/10/0075