What is Kotak Nifty 100 Equal Weight ETF?
Kotak Nifty 100 Equal Weight ETF An open-ended scheme replicating/tracking Nifty 100 Equal Weight Index.
Investment objective:
The investment objective of the scheme is to replicate the composition of the Nifty 100 Equal Weight Index and to generate returns that are commensurate with the performance of the Nifty 100 Equal Weight Index, subject to tracking errors.However, there is no assurance that the objective of the scheme will be realized.
About Kotak Nifty 100 Equal Weight Index
• The Nifty100 Equal Weight Index provides a different weighting method than the traditional market capitalization-based Nifty 100 Index.
• While it contains the same components as the Nifty 100 Index, each constituent is assigned an equal weight.
• Index shall be rebalanced quarterly where weights are rebalanced back to equal
• Index shall be reconstituted semi-annually along with Nifty 100 Inde
Why Kotak Nifty 100 Equal Weight ETF?
(source:https://www.kotakmf.com/)
Kotak Nifty 100 Equal Weight ETF NFO Details:
| Mutual Fund | Kotak Mahindra Mutual Fund |
| Scheme Name | Kotak Nifty 100 Equal Weight ETF |
| Objective of Scheme | The investment objective of the scheme is to replicate the composition of the Nifty 100 Equal Weight Index and to generate returns that are commensurate with the performance of the Nifty 100 Equal Weight Index, subject to tracking errors. |
| Scheme Type | Open Ended |
| Scheme Category | Other Scheme – Other ETFs |
| New Fund Launch Date | 03-Feb-2025 |
| New Fund Earliest Closure Date | |
| New Fund Offer Closure Date | 17-Feb-2025 |
| Indicate Load Seperately | NIL |
| Minimum Subscription Amount | 5000 |
| For Further Details Please Visit Website | https://www.kotakmf.com |
(source:https://www.amfiindia.com/)
Kotak Nifty 100 Equal Weight ETF NFO
Application Form
Scheme Documents
(source : https://www.kotakmf.com/)
