2026-10-05 05:37:43 pm | Source: Accord Fintech
Kotak Mahindra MF introduces Nifty 500 Index Fund
Kotak Mahindra Mutual Fund has launched Kotak Nifty 500 Index Fund, an open-ended passive equity scheme tracking the Nifty 500 Index. The NFO opens for subscription on October 05, 2026 and closes on October 19, 2026. The Entry Load and Exit Load is nil for the scheme. The minimum subscription amount is Rs 1,000/- and any amount thereafter.
The performance of the Scheme will be benchmarked against Nifty 500 Index (Total Return Index (TRI)) and its fund managers are Satish Dondapati, Jeetu Valechha Sonar and Abhishek Bisen.
The investment objective of the scheme is to passive investment in equity and equity related securities replicating the composition of Nifty 500 Index, subject to tracking error.
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