Kotak Nifty Midcap 150 Index Fund
Kotak Nifty Midcap 150 Index Fund will be an open-ended scheme replicating/tracking the Nifty Midcap 150 Index.
The investment objective of the scheme will be to provide returns that, before expenses, correspond to the total returns of the securities as represented by the underlying index, subject to tracking errors.
The scheme will be benchmarked against Nifty Midcap 150 Index (Total Return Index (TRI)). The scheme will be managed by Devender Singhal, Satish Dondapati, and Abhishek Bisen. The minimum application amount will be Rs 100 and any amount thereafter.
The scheme will allocate 95-100% in equity and equity related securities covered by Nifty Midcap 150 Index and 0-5% in debt/ money market instruments.
The scheme will be suitable for investors who are seeking long-term capital growth and want a return that corresponds to the performance of Nifty Midcap 150 Index subject to tracking error.
Kotak BSE Sensex Index Fund
Kotak BSE Sensex Index Fund will be an open-ended scheme replicating/tracking the BSE Sensex Index.The investment objective of the scheme will be to provide returns that, before expenses, correspond to the total returns of the securities as represented by the underlying index, subject to tracking errors.
The scheme will be benchmarked against BSE Sensex Index (Total Return Index (TRI)). The scheme will be managed by Devender Singhal, Satish Dondapati, and Abhishek Bisen. The minimum application amount will be Rs 100 and any amount thereafter.
The scheme will allocate 95-100% in equity and equity related securities covered by BSE Sensex Index and 0-5% in debt/ money market instruments.
The scheme will be suitable for investors who are seeking long-term capital growth and want a return that corresponds to the performance of the BSE Sensex Index subject to tracking error.
