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Kotak Nifty PSU Bank ETF

Kotak Mahindra Mutual Fund · ETFs & Market-Linked Products

An ETF tracking public-sector banks, a narrow sector bet with sharper swings than a broad index.

₹81.01 NAV per unit · Published daily by AMFI

As of 16 Oct 2026. Rates change — check the source before acting.

Source: AMFI — mutual fund NAV data

Source Kotak Mutual Fund — scheme page

www.kotakmf.com/mutual-funds/passive-funds/kotak-nifty-psu-bank-etf

The fund house's own page for this scheme. NAV, expense ratio, exit load and the scheme documents are all published here.

How it works

Kotak Nifty PSU Bank ETF is a etfs & market-linked product from Kotak Mahindra Mutual Fund, in the market-linked category: no promised return. An ETF tracking public-sector banks, a narrow sector bet with sharper swings than a broad index.

Because the return type is market-linked, the questions that matter most are: What exactly does this hold, and what would make it fall? Can I leave this money invested if it drops 30%?

  • A deliberate sector allocation
  • A satellite holding, not a core one

Key facts

Provider
Kotak Mahindra Mutual Fund
Source
Kotak Mutual Fund — scheme page ↗ https://www.kotakmf.com/mutual-funds/passive-funds/kotak-nifty-psu-bank-etf
Rate
₹81.01 NAV per unit, as of 16 Oct 2026
Category
ETFs & Market-Linked Products
Minimum investment
₹100 one unit, at the traded price; brokerage applies
Tenure
No lock-in
Payout
Growth — no payout
Eligibility
Resident individuals with a demat and trading account, subject to KYC.
Getting your money back
Traded during market hours, with volumes usually lower than broad-index ETFs.
Protection
No capital protection.
Tax
Equity capital gains rules apply by holding period.

What can go wrong

  • A single sector: policy and credit news moves the whole fund.
  • Lower trading volumes widen the spread.
  • Sector indices can lag the broad market for years.

Before you decide anything

  • The index constituents and their weights
  • The traded volume before you place an order

These are questions to take to the provider, not a checklist that makes a product suitable. Whether something fits your situation is a decision only you — or an adviser you choose — can make.

Official sources

These link to the regulator or provider where the rules for this type of product are set out. They are the pages worth checking before you act, because they are the ones that get updated.

Other products in this category

The same rules and the same kind of trade-offs, described the same way.