Kotak Mahindra Mutual Fund launches Kotak Nifty Alpha 50 Index Fund

NFO period: 28^th July - 11^th August, 2025

Highlights of the NFO:

• Scheme type - An open-ended scheme replicating/tracking the Nifty Alpha 50 Index.


• Investment objective - The investment objective of the scheme is to replicate the composition of the Nifty Alpha 50 Index and to generate returns that are commensurate with the performance of the Nifty Alpha 50 Index, subject to tracking errors.


• Product suitability - This product is suitable for investors who are seeking long term capital growth. Return that corresponds to the performance of Nifty Alpha 50 Index subject to tracking error


• Minimum Application Amount - Rs. 100 and in multiples of Re. 1 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. Devender Singhal, Mr. Satish Dondapati & Mr. Abhishek Bisen


• Benchmark - Nifty Alpha 50 Index (Total Return Index (TRI))