Kotak Mahindra Mutual Fund files offer document for Nifty India Defence Index Fund
Kotak Mahindra Mutual Fund has filed offer document with SEBI to launch index fund named ‘Kotak Nifty India Defence Index Fund'. The New Fund Offer price will be Rs 10 during the NFO. Entry load and Exit load will be nil. The Scheme offers growth or IDCW options for investment.
The performance will be benchmarked against Nifty India Defence Index. The minimum application amount during NFO will be Rs 1000 and any amount thereafter.
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