Kotak India Equity Fund Class Investor (INDAX)

Fund Assets	148.70M
Expense Ratio	1.28%
Min. Investment	$2,500
Turnover	53.00%
Dividend (ttm)	0.69
Dividend Yield	4.91%
Dividend Growth	1,029.28%
Payout Frequency	Annual
Ex-Dividend Date	Dec 9, 2025

Previous Close	13.70
YTD Return	-12.01%
1-Year Return	-10.84%
5-Year Return	-0.54%
52-Week Low	13.09
52-Week High	17.24
Beta (5Y)	0.88
Holdings	38
Inception Date	Feb 13, 2011

About INDAX

The Kotak India Equity Fund seeks to achieve long-term capital appreciation.

• Fund Family: ALPS
• Category: India Region
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: INDAX
• Share Class: Investor Shares
• Index: Index is not available on Lipper Database

Performance

INDAX had a total return of -10.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.31%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
INDSX	Class Ii	0.75%
INDIX	Class I	0.93%
INAAX	Class A	1.28%
INFCX	Class C	1.97%

Top 10 Holdings

46.39% of assets

Name	Symbol	Weight
ICICI Bank Limited	IBN	9.14%
Reliance Industries Limited	RELIANCE	6.19%
Bharti Airtel Limited	BHARTIARTL	4.90%
Bajaj Finance Limited	BAJFINANCE	4.90%
Tata Motors Limited	TMCV	4.21%
Eternal Limited	ETERNAL	3.64%
Cognizant Technology Solutions Corporation	CTSH	3.44%
InterGlobe Aviation Limited	INDIGO	3.43%
Max Healthcare Institute Limited	MAXHEALTH	3.29%
Coforge Limited	COFORGE	3.24%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 9, 2025	$0.89454	Dec 10, 2025
Dec 10, 2024	$2.66214	Dec 11, 2024
Dec 7, 2023	$0.76019	Dec 8, 2023
Dec 8, 2022	$0.25261	Dec 9, 2022
Dec 9, 2021	$0.97925	Dec 10, 2021
Dec 9, 2019	$0.16915	Dec 10, 2019

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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