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Kotak Mahindra Mutual Fund (MF) has launched Kotak Nifty SDL Jul 2026 Index Fund, an open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Jul 2026 Index. A relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on December 13, 2022 and closes on December 20, 2022. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Rs 1 thereafter.

The performance of the scheme will be benchmarked to the performance of Nifty SDL Jul 2026 Index and its fund manager is Abhishek Bisen.

The investment objective of the scheme is to track the Nifty SDL Jul 2026 Index by investing in SDLs, maturing on or before July 2026, subject to tracking difference.