Kotak Mahindra Mutual Fund launches Kotak Nifty500 Momentum 50 Index Fund
NFO period: 20th Nov - 04th Dec, 2025
Highlights of the NFO:
Scheme type - An open-ended scheme replicating/tracking the Nifty500 Momentum 50 Index.
Investment objective - The investment objective of the scheme is to provide returns that, before expenses, corresponds to the total returns of the securities as represented by the underlying index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be realized.
Product suitability - This product is suitable for investors who are seeking long term capital growth. Return that corresponds to the performance of Nifty500 Momentum 50 Index subject to tracking error.
Minimum Application Amount - Rs. 100 and any amount thereafter
Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).
Fund Managers - Mr. Devender Singhal, Mr. Satish Dondapati & Mr. Abhishek Bisen
Benchmark - Nifty500 Momentum 50 Index (Total Return Index (TRI))