Kotak Mahindra Mutual Fund launches Kotak Nifty Midcap 150 ETF

NFO period: 03^rd March - 17^th March, 2025

Highlights of the NFO:

• Scheme type - An open-ended scheme replicating/tracking Nifty Midcap 150 Index.


• Investment objective - The investment objective of the scheme is to replicate the composition of the Nifty Midcap 150 Index and to generate returns that are commensurate with the performance of the Nifty Midcap 150 Index, subject to tracking errors.


• Product suitability - This product is suitable for investors who are seeking long-term capital appreciation and Investment in stocks comprising the Nifty Midcap 150 Index and endeavours to track the benchmark index, subject to tracking errors.


• Minimum Application Amount - 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 Midcap 150 ETF.