Kotak US Specific Equity Passive FoF

Q: What are the returns of this mutual fund scheme?

The Kotak US Specific Equity Passive FoF is a 5 yrs old fund and has delivered average annual returns of 18.7% since inception. Kotak US Specific Equity Passive FoF Returns 1-Year 3-Year Since Inception 26.62% 30.54% 18.7%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹23.533+0.11% 1 day change	18.7% p.a.	App exclusive #NA View Ranked Funds	₹3,770 Cr

Historical NAV & returns

NAV: ₹23.533 as on Feb 02, 2026

This fund Category average

Kotak US Specific Equity Passive FoF overview

AUM (Fund size)	₹3,770 Cr
Exit load	0%
Lock-in Period	Nil
Age	5 yrs since Jan 11, 2021
Benchmark	Nasdaq 100 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.61% as on Feb 01, 2026
Plan type	Regular
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 US Specific Equity Passive FoF 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%

Asset allocationas on Dec 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 99.97%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

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

Foreign Mutual Funds 99.97%

Repo 0.18%

Other Holdings

iShares NASDAQ 100 UCITS ETF USD 99.97%

Others 0.18%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak US Specific Equity Passive FoF	2.6%	16.67%	26.62%	30.54%	N.A.	N.A.
Motilal Oswal S&P 500 Index Fund	2.43%	14.95%	21.79%	22.88%	17.72%	11.19%
Motilal Oswal Nasdaq 100 FOF	-4.12%	12.12%	9.89%	30.2%	17.38%	16.0%
Invesco India - Invesco EQQQ NASDAQ-100 ETF FoF	2.48%	16.48%	26.99%	30.53%	17.98%	8.62%
ICICI Prudential NASDAQ 100 Index Fund	2.85%	15.9%	26.32%	31.13%	14.84%	7.17%
Aditya Birla Sun Life US Equity Passive FoF	2.46%	16.28%	26.31%	30.41%	13.77%	6.66%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak US Specific Equity Passive FoF	15.8	N.A.	1.53	2.2
Motilal Oswal S&P 500 Index Fund	11.91	N.A.	1.39	1.84
Motilal Oswal Nasdaq 100 FOF	21.17	N.A.	1.18	2.12
Invesco India - Invesco EQQQ NASDAQ-100 ETF FoF	15.44	N.A.	1.56	2.17
ICICI Prudential NASDAQ 100 Index Fund	15.03	N.A.	1.58	2.35
Aditya Birla Sun Life US Equity Passive FoF	15.8	N.A.	1.52	2.3

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak US Specific Equity Passive FoF	N.A.	3,770 Cr	5 yrs	0.61%
Motilal Oswal S&P 500 Index Fund	N.A.	4,103 Cr	5 yrs 9 m	1.15%
Motilal Oswal Nasdaq 100 FOF	N.A.	6,159 Cr	7 yrs 2 m	0.58%
Invesco India - Invesco EQQQ NASDAQ-100 ETF FoF	N.A.	407 Cr	3 yrs 10 m	0.4%
ICICI Prudential NASDAQ 100 Index Fund	N.A.	2,621 Cr	4 yrs 4 m	1.08%
Aditya Birla Sun Life US Equity Passive FoF	N.A.	447 Cr	4 yrs 3 m	0.62%

View all International Index funds

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

Alpha	N.A.
Sharpe	1.53 vs. 11.28 Poor risk-adjusted returns
Beta	N.A.
Standard deviation	15.8 vs. 17.91 More stable returns

Compare Kotak US Specific Equity Passive FoF in detail with

About this fund

About Kotak US Specific Equity Passive FoF

Kotak US Specific Equity Passive FoF is a International Index mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 5 yrs, having been launched on 11/01/2021. Kotak US Specific Equity Passive FoF has ₹3,770 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak US Specific Equity Passive FoF as of 02/02/2026 is ₹23.53. The fund has an expense ratio of 0.61%, which is higher than what most other International Index funds charge.

Kotak US Specific Equity Passive FoF returns of last 1-year are 24.47%. Since launch, it has delivered 18.66% average annual returns. The fund has doubled the money invested in it every 3 yrs.
The fund has the majority of its money invested in Unclassified sectors. It has taken less exposure in Unclassified sectors compared to other funds in the category.
The fund's top 5 holdings are in iShares NASDAQ 100 UCITS ETF USD.

...

Fund AUM	3,770 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Arjun Khanna

Mr. Khanna has done CFA, FRM, MMS(Finance) & B.E (Electronics) Prior to joining Kotak Mahindra Mutual Fund, he was with Principal Mutual Fund and has also worked with Citibank.

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.

Investment objective

The scheme seeks to provide long-term capital appreciation by investing in units of overseas ETF's and/ or Index Fund based on NASDAQ 100 Index.

Kotak Mahindra Mutual Fund details

No. of schemes	84 view all schemes
Total AUM	5,88,199 Cr as on Dec 31, 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 Infrastructure and Economic Reform Fund	N.A.	2,353 Cr	4.21%	22.47%
Kotak Midcap Fund	N.A.	60,637 Cr	8.35%	19.75%
Kotak Contra Fund	N.A.	5,136 Cr	9.74%	17.26%
Kotak Large & Midcap Fund	N.A.	30,039 Cr	11.95%	17.22%
Kotak Small Cap Fund	N.A.	17,258 Cr	-6.28%	17.1%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Kotak US Specific Equity Passive FoF?

The current Net Asset Value (NAV) of the Kotak US Specific Equity Passive FoF plan is approximately ₹23.533 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Kotak US Specific Equity Passive FoF is a 5 yrs old fund and has delivered average annual returns of 18.7% since inception.

Kotak US Specific Equity Passive FoF Returns

1-Year	3-Year	Since Inception
26.62%	30.54%	18.7%

How much does this mutual fund charge as expense ratio?

The Kotak US Specific Equity Passive FoF has an expense ratio of 0.61%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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

The Kotak US Specific Equity Passive FoF currently has assets under management (AUM) or fund size valued at approximately 3,770 Cr as on Dec 31, 2025.

What is risk level of Kotak US Specific Equity Passive FoF?

This is a International 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 can I redeem my investments in Kotak US Specific Equity Passive FoF?

Redeeming your investments in the Kotak US Specific Equity Passive FoF is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.