Kotak Nifty India Tourism Index Fund is a mutual fund run by Kotak Mahindra Mutual Fund. On 30-09-2026, it managed ₹37 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned −16.0% and its Regular plan returned −16.5%. Its benchmark, Nifty India Tourism TRI, returned −15.5% over the same year.
NAV (Direct plan)
₹8.21
▲ 0.29% · 30-10-2026
NAV (Regular plan)
₹8.10
▲ 0.28% · 30-10-2026
Expense ratio
0.56%Direct1.17%Regular
0.56%
A year
Riskometer
Very High
Set by the fund house
1 year return
−16.0%Direct−16.5%Regular
−16.0%
Total
Kotak Nifty India Tourism Index Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹8.21 (up 0.29% that day); Regular Plan Growth ₹8.10 (up 0.28% that day).
This fund (Direct plan)
₹8.206
Kotak Nifty India Tourism Index Fund Returns vs Nifty India Tourism TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−1.22%
−3.73%
+3.78%
−15.97%
--
--
--
This fund (Regular)
−1.26%
−3.87%
+3.46%
−16.51%
--
--
--
Nifty India Tourism TRI
−1.18%
−3.58%
+4.04%
−15.54%
--
--
--
Category average
--
--
--
--
--
--
--
Best in category
--
--
--
--
--
--
--
Worst in category
--
--
--
--
--
--
--
Rank in category
--
--
--
--
--
--
--
No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds.
Kotak Nifty India Tourism Index Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty India Tourism TRI
2026to date
−11.63%
−12.09%
−11.28%
2025
−6.22%
−6.82%
−5.56%
Kotak Nifty India Tourism Index Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 1-year holding period, plotted on the day it ended. There are 265 periods, one for each trading day from 30-09-2025 to 30-10-2026.
−30%−20%−10%0%10%20%
Kotak Nifty India Tourism Index Fund (Direct)
Nifty India Tourism TRI
Oct 2024 to Oct 2025Jan 2025 to Jan 2026Mar 2025 to Mar 2026May 2025 to May 2026Jul 2025 to Jul 2026Sept 2025 to Sept 2026
Kotak Nifty India Tourism Index Fund (Direct)Nifty India Tourism TRI
85%
83%
Below 0%
8%
7%
0-5%
6%
7%
5-10%
2%
3%
10-15%
0%
0%
15-20%
0%
0%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
265
−12.8%
−24.0%
12.4%
85%
−12.3%
1%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty India Tourism TRI over the same days. Past returns do not promise future returns.
Kotak Nifty India Tourism Index Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Kotak Nifty India Tourism Index Fund (Direct)This fund
Nifty India Tourism TRI
Return (CAGR)
−15.97%
−15.54%
Standard deviation
22.03%
22.25%
Sharpe ratio
-0.96
-0.93
Sortino ratio
-1.30
-1.26
Maximum drawdown
−28.0%
(30-03-2026)
−27.8%
(30-03-2026)
Beta
1.00
1.00
Alpha
−0.46%
0.00%
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Kotak Nifty India Tourism Index Fund (Direct)This fund
Nifty India Tourism TRI
Return (CAGR)
−7.93%
−7.38%
Standard deviation
20.73%
20.94%
Sharpe ratio
-0.66
-0.62
Sortino ratio
-0.88
-0.84
Maximum drawdown
−31.1%
(30-03-2026)
−30.8%
(30-03-2026)
Beta
1.00
1.00
Alpha
−0.56%
0.00%
From daily NAVs, 30-09-2024 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−40%−30%−20%−10%0%
Kotak Nifty India Tourism Index Fund (Direct)
Nifty India Tourism TRI
20252026
Kotak Nifty India Tourism Index Fund (Direct)Nifty India Tourism TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Kotak Nifty India Tourism Index Fund (Direct)
−31.1%
16-07-2025
30-03-2026
Not yet
--
−19.6%
Nifty India Tourism TRI
−30.8%
20-08-2025
30-03-2026
Not yet
--
−19.0%
From the Direct plan's daily NAV since 30-09-2024, adjusted for unit splits, and Nifty India Tourism TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Kotak Nifty India Tourism Index Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Direct
0.29%
0.03%
0.01%
0.24%
0.56%
Regular
0.79%
0.03%
0.01%
0.34%
1.17%
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−16.51%
−15.97%
0.54%
₹83,490
₹84,030
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Kotak Nifty India Tourism Index Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 30-09-2024 to 30-10-2026: 26 instalments, ₹2,60,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planKotak Nifty India Tourism Index Fund (Direct)
₹2,60,000
₹2,36,939
−₹23,061
−8.1%
Regular planKotak Nifty India Tourism Index Fund (Regular)
₹2,60,000
₹2,35,324
−₹24,676
−8.7%
Nifty India Tourism TRI
₹2,60,000
₹2,38,314
−₹21,686
−7.6%
₹0₹1.0 L₹2.0 L₹3.0 L
Direct planKotak Nifty India Tourism Index Fund (Direct)
Regular planKotak Nifty India Tourism Index Fund (Regular)
Nifty India Tourism TRI
Amount invested
20252026
Direct planKotak Nifty India Tourism Index Fund (Direct)Regular planKotak Nifty India Tourism Index Fund (Regular)Nifty India Tourism TRIAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Kotak Nifty India Tourism Index Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
100.4%Equity
Asset
Fund
Equity
100.4%
Cash and others
−0.4%
Cash and others is below 0: on that day the fund owed more in payments due than it held in cash.
Market cap of stocks
Market cap
Fund
Large Cap
20.5%
Mid Cap
56.2%
Small Cap
23.7%
Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Kotak Nifty India Tourism Index Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Leisure Services61.8%
Transport Services20.5%
Transport Infrastructure18.2%
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Leisure Services
62.6%
64.5%
61.8%
−0.8%
Transport Services
20.1%
20.2%
20.5%
+0.4%
Transport Infrastructure
17.2%
15.2%
18.2%
+1.0%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Kotak Nifty India Tourism Index Fund Portfolio Holdings
As on 30-09-2026 · 11 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
Inter Globe Aviation Ltd
Transport Services
20.46%
+3.4%
INDIAN HOTELS CO LTD
Leisure Services
20.33%
−2.1%
GMR AIRPORTS LIMITED
Transport Infrastructure
18.19%
+14.9%
ITC HOTELS LIMITED
Leisure Services
10.13%
+17.9%
Jubilant Foodworks Limited
Leisure Services
9.88%
+18.3%
Indian Railway Catering And Tourism Corporation Lt
Leisure Services
7.57%
+17.9%
EIH Ltd.
Leisure Services
3.29%
+17.9%
TBO TEK LIMITED
Leisure Services
3.20%
+18.3%
DEVYANI INTERNATIONAL LIMITED
Leisure Services
3.06%
+17.9%
LEMON TREE HOTELS LTD
Leisure Services
2.85%
+17.9%
BLS INTERNATIONAL SERVICES LTD
Leisure Services
1.46%
+17.9%
Kotak Nifty India Tourism Index Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
INDIAN HOTELS CO LTD
↓Reduced
−2.1%
20.33%
Inter Globe Aviation Ltd
↑Added
+3.4%
20.46%
GMR AIRPORTS LIMITED
↑Added
+14.9%
18.19%
ITC HOTELS LIMITED
↑Added
+17.9%
10.13%
Jubilant Foodworks Limited
↑Added
+18.3%
9.88%
Indian Railway Catering And Tourism Corporation Lt
↑Added
+17.9%
7.57%
EIH Ltd.
↑Added
+17.9%
3.29%
TBO TEK LIMITED
↑Added
+18.3%
3.20%
DEVYANI INTERNATIONAL LIMITED
↑Added
+17.9%
3.06%
CHALET HOTELS LTD.
↓Sold out
−100%
was 2.94%
LEMON TREE HOTELS LTD
↑Added
+17.9%
2.85%
Sapphire Foods India Ltd.
↓Sold out
−100%
was 2.53%
SCHLOSS BANGALORE LTD.
↓Sold out
−100%
was 2.10%
BLS INTERNATIONAL SERVICES LTD
↑Added
+17.9%
1.46%
TRAVEL FOOD SERVICES LTD
↓Sold out
−100%
was 1.08%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Kotak Nifty India Tourism Index Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.56%
Expense ratio (Regular)
1.17%
Category
Index
Risk
Very High
Benchmark
Nifty India Tourism TRI
Launch date
23-09-2024
Minimum investment
₹100
Minimum additional investment
₹100
AUM
₹36.52 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
152870
ISIN (Direct)
INF174KA1SZ1
Scheme code (Regular)
152872
ISIN (Regular)
INF174KA1TC8
NAV history
From 30-09-2024, 2.1 years
Exit load
Nil
Tax on Kotak Nifty India Tourism Index Fund returns
Kotak Nifty India Tourism Index Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹8.206
30-10-2026
direct
IDCW
₹8.207
30-10-2026
regular
Growth
₹8.097
30-10-2026
regular
IDCW
₹8.097
30-10-2026
About Kotak Nifty India Tourism Index Fund
Kotak Nifty India Tourism Index Fund is a mutual fund from Kotak Mahindra Mutual Fund. Its category is Index. It was launched on 23-09-2024. Its benchmark is Nifty India Tourism TRI. At the end of September 2026 it held 11 securities.
Fund Manager
Satish DondapatiFM 2 Mr. Abhishek Bisen
Fund manager of Kotak Nifty India Tourism Index Fund, since 23-09-2024
Jeetu Valechha Sonar
Fund manager of Kotak Nifty India Tourism Index Fund, since 09-03-2026
Frequently Asked Questions for Kotak Nifty India Tourism Index Fund
What is the current NAV of Kotak Nifty India Tourism Index Fund?
The Direct plan NAV is ₹8.206. The Regular plan NAV is ₹8.097, as on 30-10-2026.
What are the returns of Kotak Nifty India Tourism Index Fund?
The Direct plan returned −15.97% in 1 year. The Regular plan returned −16.51% in 1 year. These figures are as on 30-10-2026.
What is the expense ratio of Kotak Nifty India Tourism Index Fund?
The Direct plan charges 0.56% a year. The Regular plan charges 1.17% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
What is the AUM of Kotak Nifty India Tourism Index Fund?
Kotak Nifty India Tourism Index Fund managed ₹36.52 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Kotak Nifty India Tourism Index Fund?
At the end of September 2026 the largest holdings were INDIGO (20.46%), INDHOTEL (20.33%), GMRAIRPORT (18.19%), ITCHOTELS (10.13%), JUBLFOOD (9.88%). The fund held 11 securities in all.
What did Kotak Nifty India Tourism Index Fund buy and sell in September 2026?
It sold out of 4: SCHLOSS BANGALORE LTD, TRAVEL FOOD SERVICES LTD, CHALET HOTELS LTD, Sapphire Foods India Ltd. It added shares in 10. It reduced 1.
How do I invest in Kotak Nifty India Tourism Index Fund?
Through Kotak Mahindra Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.
Who is the fund manager of Kotak Nifty India Tourism Index Fund?
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
Track Kotak Nifty India Tourism Index Fund in WealthGamma
Add this fund once. WealthGamma updates its value every day and shows it next to your stocks, gold, deposits and loans.