Kotak Mahindra Mutual Fund launches Kotak Nifty 100 Equal Weight ETF

NFO period: 03^rd February – 17^th February, 2025

Highlights of the NFO:

• Scheme type – An open-ended scheme replicating/tracking Nifty 100 Equal Weight Index


• Investment objective – The investment objective of the scheme is to replicate the composition of the Nifty 100 Equal Weight Index and to generate returns that are commensurate with the performance of the Nifty 100 Equal Weight Index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be realized.


• Product suitability – This product is suitable for investors who are seeking long-term capital appreciation by investing in stocks comprising the Nifty 100 Equal Weight Index and endeavours to track the benchmark index, subject to tracking errors.


• Minimum Application Amount – First investment Rs. 5,000/- and any amount thereafter


• Plan/ Options available – Presently, the scheme does not offer any Plans/Options for investment.


• Fund Managers – Mr. Devender Singhal, Mr. Satish Dondapati and Mr. Abhishek Bisen


• Benchmark – Nifty 100 Equal Weight Index (Total Return Index (TRI)