Kotak Mahindra Mutual Fund launches Kotak Nifty 50 Index Fund

Mutual Fund
May 31, 2021 by Advisorkhoj Team | Mutual Fund | 12 Downloaded

NFO period: 31st May – 14th June, 2021

Highlights of the NFO:

  • Scheme type – An open ended scheme replicating/ tracking Nifty 50 index

  • Investment objective – The investment objective of the scheme is to replicate the composition of the Nifty 50 and to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be realized.

  • Product suitability – The product is suitable for investors who are seeking long-term capital growth. Returns that are commensurate with the performance of NIFTY 50 Index, subject to tracking error.

  • Minimum Application Amount – First investment Rs. 100/- and in multiple of Rs. 1/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option, Payout of Income Distribution cum capital withdrawal (IDCW) and Reinvestment of Income Distribution cum capital withdrawal (IDCW).

  • Fund Managers – Mr. Devender Singhal, Mr. Satish Dondapati and Mr. Abhishek Bisen

  • Benchmark – Nifty 50 Index TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

Locate Kotak Mahindra Mutual Fund Advisors in your city
comments powered by Disqus
Feedback
Notification