Kotak Nifty Bank ETF
KOTAKBKETF.BO
Bombay Stock Exchange- -
INR
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Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Financial - Diversified
- Address
- India
- Similar Companies
- Business
- Kotak Nifty Bank ETF (KOTAKBKETF.BO) is an exchange-traded fund managed by Kotak Mahindra Asset Management Company Ltd that seeks to replicate the composition of the Nifty Bank Index, providing investors with exposure to the performance of major banking stocks listed on the National Stock Exchange of India. The ETF primarily tracks the total return variant of the Nifty Bank Index, which comprises leading Indian banking companies such as HDFC Bank Ltd, ICICI Bank Ltd, State Bank of India, Axis Bank Ltd, and Kotak Mahindra Bank Ltd; it offers intraday liquidity through exchange trading, low expense ratios typical of passive funds, and dividend reinvestment aligned with the index methodology. Launched in 2014 and domiciled in India with headquarters operations under Kotak Mahindra Mutual Fund in Mumbai, the fund targets institutional and retail investors seeking sector-specific equity exposure within the Indian financial services industry, with primary operations focused on the domestic Indian market. The fund's core offerings include units traded on the BSE and NSE under the ticker KOTAKBKETF.BO, benchmarked against the Nifty Bank Total Return Index, with assets under management fluctuating based on market inflows and net asset value calculations; it employs a full replication strategy by holding constituent securities in the same proportion as the index, supplemented by cash equivalents for liquidity management. Geographically, it concentrates on Indian public and private sector banks, reflecting the banking segment's dominance in the Nifty 500 universe. In recent developments as of late 2025, Kotak Nifty Bank ETF benefited from heightened inflows amid banking sector rallies driven by improved asset quality and credit growth in India; the fund participated in Kotak Mahindra Mutual Fund's broader expansion into passive products, including new ETF launches tracking thematic indices. No major acquisitions, partnerships, or structural changes specific to the ETF were reported in the last 1-2 years, though its parent Kotak Mahindra Asset Management enhanced digital distribution platforms for better retail access.