Kotak Mahindra MF introduces Nifty500 Momentum 50 Index Fund
Kotak Mahindra Mutual Fund (MF) has launched Kotak Nifty500 Momentum 50 Index Fund, an open-ended scheme replicating/tracking the Nifty500 Momentum 50 Index. The NFO opens for subscription on November 20, 2025 and closes on December 04, 2025. The Entry Load is not applicable and the Exit load is nil for the scheme. The minimum subscription amount Rs 100/- and any amount thereafter.
The performance of the scheme will be benchmarked to the Nifty500 Momentum 50 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, corresponds to the total returns of the securities as represented by the underlying index, subject to tracking errors.
