MUTUAL FUNDS
Kotak Mahindra Mutual Fund files offer document for Nifty Bank Index Fund
Jun-04-2026

Kotak Mahindra Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Kotak Nifty Bank Index Fund’. Offer for Units of Rs 10 each during the NFO. Entry load and Exit load will be nil. The Scheme offers growth and Income Distribution cum capital withdrawal (IDCW) for investment 

The performance will be benchmarked against Nifty Bank Index (TRI). The minimum application amount during NFO will be Rs 1000 and any amount thereafter.

The investment objective of the scheme is passive investment in equity and equity related securities replicating the composition of Nifty Bank Index.


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