Kotak Mahindra Mutual Fund launches Kotak Nifty 200 Momentum 30 Index Fund

NFO period: 25^th May – 08^th June, 2023

Highlights of the NFO:

• Scheme type – An open-ended scheme replicating/tracking the Nifty 200 Momentum 30 Index


• Investment objective – 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 error. However, there is no assurance that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.


• Product suitability – The product is suitable for investors who are seeking long term capital growth return that corresponds to the performance of Nifty 200 Momentum 30 Index, subject to tracking errors.


• Minimum Application Amount – First investment Rs. 5,000/- and in multiple of Rs. 1/- thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option, Payout of Income Distribution cum capital withdrawal (IDCW) and Reinvestment of Income Distribution cum capital withdrawal (IDCW).


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


• Benchmark – Nifty 200 Momentum 30 Index (Total Return Index)