Kotak Mahindra MF introduces Nifty Top 10 Equal Weight Index Fund
Kotak Mahindra Mutual Fund has launched Kotak Nifty Top 10 Equal Weight Index Fund, an open-ended scheme replicating/tracking the Nifty Top 10 Equal Weight Index. The NFO opens for subscription on April 07, 2025 and closes on April 21, 2025. The Entry Load is not applicable 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 Nifty Top 10 Equal Weight Index Total Return Index (TRI) and its fund managers are Devender Singhal, Satish Dondapati and Abhishek Bisen.
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.
