Kotak Mutual Fund launches Kotak BSE Sensex Index Fund
by
NEWS TEAM | on Jan 27, 2025
NFO period: 27th January - 10th February, 2025
Highlights of the NFO:
Scheme type - An open-ended scheme replicating/tracking the BSE Sensex Index
Investment objective - The investment objective of the scheme is to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
Product suitability - This product is suitable for investors who are seeking long term capital growth return that corresponds to the performance of BSE Sensex Index, subject to tracking error.
Minimum Application Amount - First investment Rs. 100/- and any amount thereafter
Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal (IDCW) 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 and Mr. Abhishek Bisen
Benchmark - BSE Sensex Index (Total Return Index (TRI))