MUTUAL FUNDS
Kotak MF introduces Nifty Midcap 150 Momentum 50 Index Fund
Sep-19-2024

Kotak Mahindra Mutual Fund has launched Kotak Nifty Midcap 150 Momentum 50 Index Fund, an open-ended scheme replicating/tracking the Nifty Midcap 150 Momentum 50 Index.  The NFO opens for subscription on September 19, 2024 and closes on October 03, 2024. No Entry Load is charged and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 100/- and any amount thereafter.

The performance of the scheme is measured against Nifty Midcap 150 Momentum 50 Index (Total Return Index) 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, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors.


  RELATED NEWS >>