Kotak Nifty ETF

st

31 December, 2015
Scheme Facts
Investment Manager
Kotak Mahindra AHC/Asset Management
Co. Ltd.

About Kotak Nifty ETF

Kotak Nifty ETF is trading on the National Stock Exchange & Bombay Stock Exchange.

S&P CNX Nifty

Any investor eligible to invest in equity shares can invest in Kotak Nifty ETF.

Load Structure

Investment Objective

Trustee
Kotak Mahindra Trustee Co Ltd

It reflects the evolution of the S&P CNX NIFTY Index.

The Fund manager would invest predominantly in stocks forming part of the underlying in the same ratio.
Kotak Nifty ETF endeavors to mirror the returns given by the S&P CNX Nifty as closely as possible post expenses.
Units can be bought and sold like any other equity share on the Stock Exchange through a stockbroker.

Benchmark Index

Exit Load: Nil

Exchange Listed

The investment objective of the scheme is to provide returns before expenses that closely correspond to the
total returns of the S&P CNX Nifty subject to tracking errors.

NSE & BSE

Exchange Symbol

Key Features

KOTAKNIFTY
ISIN
INF174K01518
Bloom Code
KONIFTY IN
Reuters Code
KOTK.NS
Expense Ratio
0.10%

Buy Nifty Index like a share through Kotak Nifty ETF.

Exposure to a well-diversified portfolio of 50 quality stocks forming part of S&P CNX Nifty Index.
Real time NAV & price of each unit of Kotak Nifty ETF is close to 1/10th of S&P CNX Nifty Index.
No entry/exit load for investor.
Low expense ratio.
Equity taxation (Long Term Capital Gain Tax Nil & Short Term Capital Gain Tax 15%)
Listed and traded on NSE & BSE with symbol KOTAKNIFTY
Minimum purchase lot size is 1 unit on exchange and 5000 units through AMC.
Top 10 S&P CNX Nifty Sector Allocation as on 31st December, 2015

Tracking Error*
0.09%

0.38% ALUMINIUM

0.61% GAS TRANSMISSION/MARKETING

Pricing

0.6% AUTO ANCILLARIES

7.03% HOUSING FINANCE

23.94% BANKS

1.49% INDUSTRIAL MINERALS

2.85% CEMENT

2.38% MOTOR CYCLES/SCOOTERS

6.49% CIGARETTES

1.81% OIL EXPLORATION

`804.9838

15.15% COMPUTERS - SOFTWARE

1.41% PAINTS

Creation Size

0.35% COPPER & COPPER PRODUCTS

6.9% PASSENGER/UTILITY VEHICLES

2.16% DIVERSIFIED

7.27% PHARMACEUTICALS

3.68% ENGINEERING-DESIGNING-CONSTRUCTION

0.83% PORT

th

1/10 of S&P CNX Nifty

NAV

5000 units & in multiples thereof.

Allotment Date
8 Feb, 2010
Month End AUM
`201.97 crs
*Tracking error is annualized & calculated
since inception till December 31, 2015.

Index Facts*
Market Cap
`5440584 crs

About S&P CNX Nifty

S&P Nifty is a very widely tracked and used Benchmark Index.

It was introduced in November 1995 and was developed as a basis for introducing Index Based Derivatives

Nifty is calculated using the Free Float methodology

Only companies having a high degree of liquidity defined in terms of low impact cost are included as
constituents of the Index.

Represents about 64% of the Total Market Capitalization of NSE as on 31st August 2010
Top 10 Stocks as per weightage: as on 31st December, 2015
INFOSYS LTD.

7.78%

HDFC BANK LTD.

7.55%

P/E Multiple

HDFC

7.03%

21.49

I T C LTD.

6.49%

P/B Multiple

RELIANCE INDUSTRIES LTD.

5.91%

3.19

ICICI BANK LTD.

5.36%

Div. Yield

TCS

4.43%

1.46%

LARSEN & TOUBRO LTD.

3.68%

* as on 31st Dec, 2015.

Source: www.nseindia.com

SUN PHARMA

3.15%

TATA MOTORS LTD.

2.67%

Kotak Nifty ETF

st

31 December, 2015
About Kotak Mutual Fund

NAV Movement

Kotak Mahindra Asset Management

Company Limited (KMAMC) is a wholly
owned subsidiary of Kotak Mahindra Bank
Limited (KMBL). KMBL has over two decades
of experience in financial services. KMBL has a
market capitalization of `1318.92 bn (as on
31st December, 2015). KMAMC is the Asset
Manager for Kotak Mahindra Mutual Fund
(KMMF). It started operations in December
1998. KMMF offers schemes catering to
investors with varying risk - return profiles and
was the first fund house in the country to
launch a dedicated gilt scheme. KMAMC
manages assets worth `55748.44 cr as on
31st December, 2015.

10000

* The numbers are converted using the RupeeUSD reference rate published by the Reserve
Bank of India as on the respective dates.

S&P CNX Nifty

900

8000

800

7000

700

6000

600

5000

500

4000

400

Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
Apr-11
Jul-11
Oct-11
Jan-12
Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jun-14
Sep-14
Dec-14
Mar-15
Jun-15
Sep-15
Dec-15

9000

Kotak Nifty ETF* Performance (%) as on 31st December, 2015

Date

Scheme
Returns
(%) ^

To know more
Call : 1800-222-626 ( Toll Free), Mumbai
6638-4400, Delhi 66306900 / 02, Chennai
28221333 / 45038171, Kolkatta 64509802 /
03, Pune 64013395 / 96, Ahmedabad
26779888, Banglore 66128050 / 51,
Hyderabad 66178140 / 41, Visit
assetmanagement.kotak.com

1000

Kotak Nifty ETF

CNX Nifty
# (%)

S&P BSE
Sensex ##
(%)

Current Value of Standard Investment

of ` 10000 in the
Scheme Benchmark
Additional
(`)
# (`)
Benchmark ## (`)

Kotak Nifty ETF

Since Inception till December 31, 2015

10.17

9.08

8.74

December 31, 2014 To December 31, 2015

-2.91

-4.06

-5.03

December 31, 2013 To December 31, 2014

32.68

31.39

29.89

December 31, 2012 To December 31, 2013

7.91

6.76

8.98

17,704

16,693

16,389

NA

Disclaimer

Scheme Inception date is 08/02/2010. Fund Managed by Mr. Deepak Gupta.

Kotak Nifty ETF (an open ended exchange

traded fund): to provide returns before
expenses that closely correspond to the total
returns of the CNX Nifty subject, to tracking
errors.

*All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns <= 1 year:
Absolute; Returns > 1 year: CAGR (Compounded Annualised Growth Rate). Past performance may or may not be sustained in future.
N.A stands for data not available. Note: Point to Point (PTP) Returns in INR shows the value of `10,000/- investment made at
inception. Source: ICRA MFI Explorer.Please refer page no. 3 for top 3 and bottom 3 schemes managed by Mr. Deepak Gupta

About pricing
Riskometer

Low
LOW

Moderate

This product is suitable for investors who are seeking*:

Mo
d
Higerat
h e

High

Mutual Fund investments are subject to

market risks, read all scheme related
documents carefully. Scheme Information
Document (SID) and Statement of
Additional Information (SAI) available on
assetmanagement.kotak.com

t el y
era
odLow

ly

Details regarding the pricing calculations

p l e a s e
l o g
o n
t o
http://www.kotakmutual.com/kmw/product/
kotak-gold-etf-funds.htm - Gold Price
Calculation

Long term capital growth

Investment in stocks comprising the underlying

index and endeavours to track the benchmark index

* Investors should consult their financial advisors if in doubt

about whether the product is suitable for them.

HIGH

Investors understand that their principal will

be at moderately high risk

Kotak Nifty ETF

st

31 December, 2015

Top 3 Funds Managed by Mr Deepak Gupta

Date

Scheme
Returns
(%) ^

Crisil Liquid
Fund Index #
(%)

Nifty 50
## (%)

Current Value of Standard Investment

of ` 10000 in the
Additional
Scheme (`)
Benchmark
# (`)
Benchmark # # (`)

Kotak Equity Arbitrage Fund - Growth

Since Inception till December 31, 2015

7.83

7.42

11.46

December 31, 2014 To December 31, 2015

7.50

8.23

-4.06

December 31, 2013 To December 31, 2014

8.99

9.21

31.39

December 31, 2012 To December 31, 2013

9.18

9.03

6.76

Scheme
Returns
(%) ^

75% of Crisil
Liquid
Fund & 25%
Nifty 50 # (%)

Nifty 50
## (%)

Since Inception till December 31, 2015

7.78

4.18

0.65

December 31, 2014 To December 31, 2015

6.44

1.49

-4.06

21,675

20,841

30,432

NA

Scheme Inception date is 29/09/2005. Fund Managed by Mr. Deepak Gupta.

Date

Current Value of Standard Investment

of ` 10000 in the
Scheme (`)

Benchmark
# (`)

Additional
Benchmark ## (`)

10,954

10,511

10,079

Kotak Equity Savings Fund

NA

Scheme Inception date is 13/10/2014. Fund Managed by Mr Deepak Gupta & Mr Abhishek Bisen.

Scheme
Returns
(%) ^

CRISIL Balanced
Fund Index )
# (%

S&P BSE
Sensex ##
(%)

Since Inception till December 31, 2015

17.17

12.20

15.14

December 31, 2014 To December 31, 2015

5.38

0.48

-5.03

December 31, 2013 To December 31, 2014

40.38

25.34

29.89

December 31, 2012 To December 31, 2013

6.13

6.05

8.98

Date

Current Value of Standard Investment

of ` 10000 in the
Additional
Scheme (`)
Benchmark
# (`)
Benchmark ## (`)

Kotak Asset Allocator Fund - Reg - Growth

60,863

37,131

49,907

NA

Scheme Inception date is 09/08/2004. Fund Managed by Mr. Deepak Gupta.

Bottom 3 Funds Managed by Mr. Deepak Gupta

Date

Scheme
Returns
(%) ^

Nifty Bank
Index # (%)

Nifty 50
## (%)

Current Value of Standard Investment

of ` 10000 in the
Benchmark
Additional
Scheme (`)
# (`)
Benchmark ## (`)

Kotak Banking ETF

Since Inception till December 31, 2015

-7.22

-7.91

-4.64

December 31, 2014 To December 31, 2015

-8.93

-9.68

-4.06

Financial Times
Gold Mines
Total - Price
Index # (%)

Nifty 50
## (%)

9,238

9,165

9,510

NA

Scheme Inception date is 10/12/2014. Fund Managed by Mr. Deepak Gupta

Date

Scheme
Returns
(%) ^

Current Value of Standard Investment

of ` 10000 in the
Additional
Scheme (`)
Benchmark
# (`)
Benchmark ## (`)

Kotak World Gold Fund

Since Inception till December 31, 2015

-6.18

-8.84

7.40

December 31, 2014 To December 31, 2015

-24.32

-16.68

-4.06

December 31, 2013 To December 31, 2014

-1.39

-12.28

31.39

December 31, 2012 To December 31, 2013

-41.32

-46.09

6.76

6,167

4,963

17,171

NA

Scheme Inception date is 06/06/2008. Fund Managed by Mr. Deepak Gupta.

Kotak Nifty ETF

st

31 December, 2015

Date

Scheme
Returns
(%) ^

Nifty PSU Bank

Index # (%)

Nifty 50
## (%)

Current Value of Standard Investment

of ` 10000 in the
Benchmark
Additional
Scheme (`)
# (`)
Benchmark ## (`)

Kotak PSU Bank ETF

Since Inception till December 31, 2015

2.00

-0.09

4.16

December 31, 2014 To December 31, 2015

-32.09

-32.91

-4.06

December 31, 2013 To December 31, 2014

69.24

67.07

31.39

December 31, 2012 To December 31, 2013

-24.38

-30.44

6.76

11,755

9,926

13,944

NA

Scheme Inception date is 08/11/2007. Fund Managed by Mr. Deepak Gupta

*All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Returns <= 1 year: Absolute; Returns > 1 year: CAGR
(Compounded Annualised Growth Rate). Past performance may or may not be sustained in future. N.A stands for data not available. Note: Point to Point (PTP) Returns in INR
shows the value of `10,000/- investment made at inception. Source: ICRA MFI Explorer.

Kotak Equity Arbitrage is an open-ended equity growth scheme. The investment objective of the scheme is to generate capital appreciation and
income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in
debt and money market instruments.
Kotak Equity Savings Fund, an Open ended equity scheme. Investment objective: of the scheme is to generate capital appreciation and income by
predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and enhance returns with a moderate
exposure in equity & equity related instruments.There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Kotak Asset Allocator Fund is an open ended fund of funds scheme. Investment objective of the scheme is to generate long-term capital
appreciation from a portfolio created by investing in specified open-ended equity, and debt schemes of Kotak Mahindra Mutual Fund. However, there
is no assurance that the investment objective of the Scheme will be realized.
Kotak Banking ETF is an openended exchange traded fund. The investment objective of the scheme is to provide returns before expenses that
closely correspond to the total returns of stocks as represented by the CNX Bank Index subject to tracking errors. There can be no assurance or
guarantee that the investment objective of the plan will be achieved.
Kotak World Gold Fund The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in
units of Falcon Gold Equity Fund. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual
fund schemes. The Scheme may also invest a certain portion of its corpus in debt and money market securities and/or units of debt/liquid schemes of
Mutual Funds, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme
will be realized.
Kotak PSU Bank ETF (an open ended exchange traded fund): To provide returns that closely correspond to the total returns of CNX PSU Bank Index,
subject to tracking errors.

Scheme Specific Risks:

The Scheme is subject to the principal risks described below. Some or all of these risks may adversely affect Scheme's NAV, trading price, yield, total
return and/or its ability to meet its objectives.
The NAV of the units is closely related to the value of stocks that form a part of the benchmark index. The value of this will react to stock market
movements and may result in changes in the NAV of units under the scheme. There could also be movements in the scheme's NAV due to changes in
interest rates, marco economic and political developments and over longer periods during market downturns.
Liquidity Risk: Trading in Kotak Nifty ETF may be halted due to market conditions or for reasons that in the view of the Exchange Authorities or SEBI,
trading in Kotak Nifty ETFis not advisable. There could also be trading halts caused by extraordinary market volatility and pursuant to NSE/BSE and SEBI
circuit filter rules. There can be no assurance that the requirements of the exchange necessary to maintain the listing of the Kotak Nifty ETF will
continue to be met or will remain unchanged.
Regulatory Risk: Any changes in trading regulations by the stock exchange (s) or SEBI may affect the ability of Authorised Participant to arbitrage
resulting into wider premium/ discount to NAV.