KOTAKMAMC-KOTAKBKETF

Kotak Nifty Bank ETF is an open-ended exchange-traded fund (ETF) designed to track the Nifty Bank Total Return Index. Managed by Kotak Mahindra Asset Management Company Limited, the ETF provides investors with a flexible and cost-effective way to gain exposure to a diversified basket of large, high-quality banking stocks listed on the National Stock Exchange (NSE) of India. Launched to meet the growing demand for passive investment products in India, the ETF is structured to closely mirror the performance of the top Indian banking sector constituents, including both public and private sector banks.

The fund targets individual and institutional investors seeking efficient access to the banking sector, leveraging the liquidity and transparency benefits of being listed and traded like a stock on exchanges. It follows a passive management strategy with minimal tracking error and periodic portfolio rebalancing in line with changes to the underlying index.