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News Kotak Mahindra Mutual Fund launches Kotak Nifty Top 10 Equal Weight Index Fund
Apr 7, 2025
Mutual Fund
Kotak Mahindra Mutual Fund launches Kotak Nifty Top 10 Equal Weight Index Fund
NFO period: 07th April - 21st April, 2025
Highlights of the NFO:
- Scheme type - An open-ended scheme replicating/tracking the Nifty Top 10 Equal Weight 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 Top 10 Equal Weight Index, subject to tracking error
- Minimum Application Amount - Rs.100/- 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. Devender Singhal, Mr. Satish Dondapati and Mr. Abhishek Bisen
- Benchmark - Nifty Top 10 Equal Weight Index (TRI)
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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