Kotak Mahindra Mutual Fund launches Kotak Nifty Bank Index Fund

NFO period: 03^rd Aug - 17^th Aug, 2026

Highlights of the NFO:

• Scheme type - An open-ended index scheme replicating/tracking the Nifty Bank Index.


• Investment objective - Passive Investment in equity and equity related securities replicating the composition of Nifty Bank Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.


• Product suitability - This product is suitable for investors who are seeking to generate passive investment in equity and equity related securities replicating the composition of Nifty Bank Index, subject to tracking error.


• Minimum Application Amount - Rs. 1,000/- and any amount thereafter


• Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Managers - Mr. Satish Dondapati, Mr. Jeetu Valechha Sonar & Mr. Abhishek Bisen


• Benchmark - Nifty Bank Index (Total Return Index)TRI