MUTUAL FUNDS
Kotak Mahindra Mutual Fund files offer document for Nifty 200 Quality 30 ETF
Mar-10-2025
Kotak Mahindra Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Kotak Nifty 200 Quality 30 ETF'. The New Fund Offer price for units would be Rs 10 during the NFO period. Entry load and Exit load will be nil. The Scheme does not offer any Plans or Options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance of the scheme will be benchmarked against Nifty200 Quality 30 Index (Total Return Index (TRI)). The minimum application amount is Rs 5000 and any amount thereafter.

The investment objective of the scheme is to replicate the composition of the Nifty200 Quality 30 Index and to generate returns that are commensurate with the performance of the Nifty200 Quality 30 Index, subject to tracking errors.

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