MUTUAL FUNDS
Kotak Mahindra Mutual Fund files offer document for Multi Factor Passive FOF
Sep-05-2025

Kotak Mahindra Mutual Fund has filed offer document with SEBI to launch an open-ended fund of fund scheme investing in units of factor-based equity ETFs named ‘Kotak Multi Factor Passive FOF’. The New Fund Offer price for units would be at Rs 10 during the NFO period. Entry and Exit load will be nil. The Scheme offers only Growth Option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked against Nifty 500 TRI. The minimum application amount is Rs 100 and any amount thereafter.

The investment objective of the scheme is to generate long-term capital appreciation from a portfolio created by investing in units of factor-based equity ETFs.

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