Tata Mutual Fund
Tata Nifty Midcap 150 Momentum 50 Index Fund - Growth - Direct Plan
Index / ETF
+12.7% 3Y CAGR
Kotak Mahindra Mutual Fund
Index / ETF · Direct · Growth
NAV as of 30 Oct 2026 · Source: AMFI
Kotak Nifty Financial Services Ex-Bank Index Fund is an Index / ETF fund from Kotak Mahindra Mutual Fund, with NAVs going back to August 2023. This page covers its direct plan, growth option. It manages ₹88 crore, the 225th largest of 340 Index / ETF funds. Its expense ratio is 0.32% a year, lower than the median of 0.40% for Index / ETF funds.
Over the last three years it returned 12.33% a year, 35th of 161 Index / ETF funds (median 7.53%). It is 0.72 percentage points a year behind its benchmark, the Nifty Financial Services Ex-Bank TRI, over three years, on AMFI's figures. Its biggest fall from a peak in the last three years was 17.1%, and AMFI's riskometer rates it Very High.
Annualised (CAGR) for periods over a year, calculated from AMFI NAVs up to 30 Oct 2026. Past performance does not guarantee future returns. How we calculate returns
1 Year
-9.03%
3 Years
+12.33%
Since launch (21 Aug 2023)
+13.29%
Fund and benchmark returns as published by AMFI for 29 Oct 2026, so both sides use the same date and method. They can differ slightly from the figures above.
| Period | This fund | Benchmark | Difference |
|---|---|---|---|
| 1 Year | -8.33% | -7.72% | -0.61 pts |
| 3 Years | +12.83% | +13.55% | -0.72 pts |
| Since launch | +13.57% | +14.55% | -0.98 pts |
Measured from this fund's own daily NAVs over the last three years.
Volatility (annualised)
20.3%
How much the NAV typically swings in a year. Higher means a bumpier ride.
Worst fall from a peak
-17.1%
The biggest drop from a high to a later low. A sense of what a bad stretch has looked like.
Daily NAV since 21 Aug 2023.
These come from the fund's monthly factsheet and Scheme Information Document (SID). We don't show them yet, because we can't keep them accurate. Check them on Kotak Mahindra Mutual Fund's website before you invest.
Funds next to Kotak Nifty Financial Services Ex-Bank Index Fund, in the same category, ranked by 3-year return.
Tata Mutual Fund
Index / ETF
+12.7% 3Y CAGR
Edelweiss Mutual Fund
Index / ETF
+12.0% 3Y CAGR
Motilal Oswal Mutual Fund
Index / ETF
+11.9% 3Y CAGR
Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - Growth option
Research-only · No transactions