Kotak BSE Housing Index Fund Direct - Growth

Q: What are the returns of Kotak BSE Housing Index Fund?

The Kotak BSE Housing Index Fund is a 1 yrs 11 m old fund and has delivered average annual returns of 18.83% since inception. Kotak BSE Housing Index Fund Returns 1-Year Since Inception -2.19% 18.83%

Previously called: Kotak S&P BSE Housing Index Direct-G

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹14.269+0.66% 1 day change	18.83% p.a.	#NA View Ranked Funds	₹17 Cr

Historical NAV & returns

NAV: ₹14.269 as on Jul 21, 2025

This fund Category average

Kotak BSE Housing Index Fund overview

Expense ratio	0.22% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹17 Cr
Lock-in Period	Nil
Age	1 yrs 11 m since Aug 07, 2023
Benchmark	BSE Housing TRI
Min. investment	This scheme is currently not buyable
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Kotak BSE Housing Index Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 12, 2025

Period	This fund	Category average
1 Month	2.46%	-0.44%
3 Months	7.86%	7.9%
6 Months	12.55%	10.6%
1 Year	-2.19%	3.08%

View returns in detail

Asset allocationas on May 31, 2025

Large Cap 40.33%

Mid Cap 59.64%

Small Cap 0%

Other Cap 0%

Top holdings

Macrotech Developers Ltd.5.96%

DLF Ltd.5.4%

Ambuja Cements Ltd.5.12%

Dixon Technologies (India) Ltd.5.11%

Top sectors

Materials 43.01%

Construction 28.270000000000003%

Capital Goods 18.43%

Consumer Discretionary 7.26%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Net Current Assets 0.03%

Other Holdings

Others 0.01%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak BSE Housing Index Fund	N.A.	17 Cr	1 yrs 11 m	0.22%
ICICI Prudential BHARAT 22 FOF	N.A.	2,271 Cr	7 yrs 1 m	0.12%
Motilal Oswal Nifty Bank Index Fund	N.A.	642 Cr	5 yrs 11 m	0.26%
Tata Nifty Capital Markets Index Fund	N.A.	237 Cr	9 m	0.52%
Kotak Nifty Financial Services Ex-Bank Index Fund	N.A.	55 Cr	2 yrs	0.22%
ICICI Prudential Nifty Auto Index Fund	N.A.	137 Cr	2 yrs 10 m	0.4%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak BSE Housing Index Fund	2.46%	12.55%	-2.19%	N.A.	N.A.	N.A.
ICICI Prudential BHARAT 22 FOF	-1.15%	5.4%	-5.96%	30.05%	32.46%	12.5%
Motilal Oswal Nifty Bank Index Fund	-0.13%	17.31%	9.51%	16.41%	20.33%	7.58%
Tata Nifty Capital Markets Index Fund	0.14%	27.67%	28.04%	8.59%	5.07%	2.5%
Kotak Nifty Financial Services Ex-Bank Index Fund	-1.82%	22.02%	21.29%	16.31%	9.49%	4.64%
ICICI Prudential Nifty Auto Index Fund	0.58%	8.22%	-4.35%	24.12%	13.84%	6.7%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak BSE Housing Index Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential BHARAT 22 FOF	17.2	1.09	1.43	2.29
Motilal Oswal Nifty Bank Index Fund	14.33	0.99	0.93	1.83
Tata Nifty Capital Markets Index Fund	N.A.	N.A.	N.A.	N.A.
Kotak Nifty Financial Services Ex-Bank Index Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Nifty Auto Index Fund	N.A.	N.A.	N.A.	N.A.

View all Other Equity Index funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Kotak BSE Housing Index Fund in detail with

About this fund

About Kotak BSE Housing Index Fund

Kotak BSE Housing Index Fund Direct - Growth is a Other Equity Index mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 1 yrs 11 m, having been launched on 07/08/2023. Kotak BSE Housing Index Fund Direct - Growth has ₹17 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak BSE Housing Index Fund Direct - Growth as of 21/07/2025 is ₹14.27. The fund has an expense ratio of 0.22%, which is less than what most other Other Equity Index funds charge.

Kotak BSE Housing Index Fund Direct - Growth returns of last 1-year are -1.88%. Since launch, it has delivered 20.59% average annual returns.
The fund has the majority of its money invested in Materials, Construction, Capital Goods, Consumer Discretionary, Financial sectors. It has taken less exposure in Materials, Construction sectors compared to other funds in the category.
The fund's top 5 holdings are in Macrotech Developers Ltd., DLF Ltd., Ambuja Cements Ltd., Dixon Technologies (India) Ltd., Godrej Properties Ltd..

...

Fund AUM	17 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Abhishek Bisen

Mr. Bisen is a BA and MBA in Finance. Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.

Devender Singhal

Mr. Singhal has done B.A. (Maths) from Delhi University and PGDM, Finance from Fore School of Management, Delhi. Prior to joining Kotak Mahindra AMC , he has worked with Kotak Securities Ltd.(July 2007 -- January 2009) ,Religare (February 2006 -- June 2007), Karvy (July 2004 -- January 2006), P N Vijay Financial Services Pvt Ltd(2001 -- 2004) and Dundee Mutual Fund( Summer Trainee ) (May 2000 -- June 2000 ).

Satish Dondapati

Mr. Dondapati has done MBA Finance Prior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.

Investment objective

The scheme is seeks to replicate the composition of the S&P BSE Housing Index and to generate returns that are commensurate with the performance of the S&P BSE Housing Index, subject to tracking errors.

Kotak Mahindra Mutual Fund details

No. of schemes	75 view all schemes
Total AUM	5,26,213 Cr as on Jun 30, 2025
Address	The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai, 400051
Phone	022-61152100 / 1800-22-2626

More funds from Kotak Mahindra Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Kotak Small Cap Fund	N.A.	17,329 Cr	1.35%	33.61%
Kotak Infrastructure and Economic Reform Fund	N.A.	2,402 Cr	-3.39%	33.54%
Kotak Midcap Fund	N.A.	53,464 Cr	7.85%	31.4%
Kotak Pioneer Fund	N.A.	2,807 Cr	10.22%	27.04%
Kotak Contra Fund	N.A.	4,283 Cr	2.75%	26.01%
Kotak Large & Midcap Fund	N.A.	27,046 Cr	3.65%	24.65%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Kotak BSE Housing Index Fund?

The current Net Asset Value (NAV) of the Kotak BSE Housing Index Fund - Direct Growth plan is approximately ₹14.269 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The Kotak BSE Housing Index Fund is a 1 yrs 11 m old fund and has delivered average annual returns of 18.83% since inception.

Kotak BSE Housing Index Fund Returns

1-Year	Since Inception
-2.19%	18.83%

How much does this mutual fund charge as expense ratio?

The Kotak BSE Housing Index Fund - Direct Growth has an expense ratio of 0.22%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Kotak BSE Housing Index Fund currently has assets under management (AUM) or fund size valued at approximately 17 Cr as on May 31, 2025.

What are the top stock holdings of Kotak BSE Housing Index Fund?

The Kotak BSE Housing Index Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Macrotech Developers Ltd.	5.96%
DLF Ltd.	5.4%
Ambuja Cements Ltd.	5.12%
Dixon Technologies (India) Ltd.	5.11%
Godrej Properties Ltd.	5.05%
Polycab India Ltd.	4.96%
Shree Cement Ltd.	4.87%
Ultratech Cement Ltd.	4.84%
Grasim Industries Ltd.	4.82%
Havells India Ltd.	4.68%

What are the top sectors Kotak BSE Housing Index Fund has invested in?

The Kotak BSE Housing Index Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Materials	43.01%
Construction	28.270000000000003%
Capital Goods	18.43%
Consumer Discretionary	7.26%
Financial	3.0%

What is risk level of Kotak BSE Housing Index Fund?

This is a Other Equity Index fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Kotak BSE Housing Index Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Kotak BSE Housing Index Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Kotak BSE Housing Index Fund is complete.

How can I redeem my investments in Kotak BSE Housing Index Fund?

Redeeming your investments in Kotak BSE Housing Index Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Kotak BSE Housing Index Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Other Equity Index

#NA

Return Outperformance: This fund has generated highest return amongst Other Equity Index funds in the last 1 Year.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.