What is Kotak Nifty 50 Equal Weight Index Fund?
Nifty 50 Equal Weight Index Fund is an open-ended scheme replicating/tracking the Nifty 50 Equal Weight 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. There is no assurance that the investment objective of the Scheme will be achieved
(source: https://www.kotakmf.com/)
Kotak Nifty 50 Equal Weight Index Fund NFO Details
Mutual Fund | Kotak Mahindra Mutual Fund |
Scheme Name | Kotak Nifty 50 Equal Weight Index Fund |
Objective of Scheme | 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. |
Scheme Type | Open Ended |
Scheme Category | Other Scheme – Index Funds |
New Fund Launch Date | 02-Dec-2024 |
New Fund Earliest Closure Date | |
New Fund Offer Closure Date | 16-Dec-2024 |
Indicate Load Seperately | |
Minimum Subscription Amount | Rs. 100/- and any amount thereafter |
(source:https://www.amfiindia.com/)
Kotak Nifty 50 Equal Weight Index Fund NFO
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