- Home
News Kotak Mahindra Mutual Fund launches Kotak Nifty Midcap 50 Index Fund
Jul 25, 2024
Mutual Fund
Kotak Mahindra Mutual Fund launches Kotak Nifty Midcap 50 Index Fund
NFO period: 25th July ? 08th August, 2024
Highlights of the NFO:
- Scheme type ? An open-ended scheme replicating/tracking the NIFTY Midcap 50 Index
- Investment objective ? The investment objective of the scheme is to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
- Product suitability ? This product is suitable for investors who are seeking long term capital growth return that corresponds to the performance of NIFTY Midcap 50 Index, subject to tracking error.
- Minimum Application Amount ? First investment Rs. 100/- and any amount thereafter
- Plan/ Options available ? Regular Plan and Direct Plan having Growth and Income Distribution cum capital withdrawal (IDCW) (Payout and Reinvestment).
- Fund Managers ? Mr. Devender Singhal and Mr. Satish Dondapati and Mr. Abhishek Bisen
- Benchmark ? Nifty Midcap 50 Index (Total Return Index (TRI))
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
Recent News
HDFC Mutual Fund launches HDFC Nifty India Digital Index Fund...
To generate returns that are commensurate (before fees and expenses) with the pe...
Read more
Axis Mutual Fund launches Axis Momentum Fund...
The scheme aims to provide long-term capital growth from an actively managed div...
Read more
Mirae Asset Mutual Fund launches Mirae Asset Long Duration Fund...
The investment objective of the scheme is to seek to generate returns through an...
Read more