2026-08-03 05:42:36 pm | Source: Accord Fintech
Kotak Mahindra MF introduces Nifty Bank Index Fund
Kotak Mahindra Mutual Fund has launched Kotak Nifty Bank Index Fund, an open-ended scheme. The NFO opens for subscription on August 03, 2026 and closes on August 17, 2026. The Entry Load is not applicable and the Exit load is nil for the scheme. The minimum subscription amount is Rs 1,000/- and any amount thereafter.
The performance of the Scheme is measured against Nifty Bank Index (Total Return Index (TRI)) and its fund managers are Satish Dondapati, Jeetu Valechha Sonar and Abhishek Bisen.
The investment objective of the scheme is to make passive investment in equity and equity related securities replicating the composition of Nifty Bank Index, subject to tracking error.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
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