Kotak Mahindra MF introduces CRISIL- IBX AAA Bond Financial Services Index - Dec 2026
Kotak Mahindra Mutual Fund has launched Kotak CRISIL-IBX AAA Bond Financial Services Index – Dec 2026 Fund, an open-ended Sectoral Target Maturity Debt Index Fund investing in constituents of CRISIL-IBX AAA Financial Services Index – Dec 2026 with moderate interest rate risk and relatively low credit risk. The NFO opens for subscription on January 31, 2025 and closes on February 10, 2025. No Entry Load is charged and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 100/- and any amount thereafter.
The performance of the scheme will be benchmarked against CRISIL-IBX AAA Financial Services Index – Dec 2026 and its fund manager is Abhishek Bisen.
The investment objective of the scheme is to generate returns that are commensurate (before fees and expenses) with the performance of CRISILIBX AAA Financial Services Index – Dec 2026 which seeks to track the performance of AAA issuers from the financial services sector maturing near target date of the index.
