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/)

 

(source:https://www.kotakmf.com/)

(source:https://www.kotakmf.com/)