Kotak Mahindra Mutual Fund launches Kotak Nifty Bank Index Fund
NFO period: 03rd Aug - 17th Aug, 2026
Highlights of the NFO:
- Scheme type - An open-ended index scheme replicating/tracking the Nifty Bank Index.
- Investment objective - Passive Investment in equity and equity related securities replicating the composition of Nifty Bank Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking to generate passive investment in equity and equity related securities replicating the composition of Nifty Bank Index, subject to tracking error.
- Minimum Application Amount - Rs. 1,000/- and any amount thereafter
- Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).
- Fund Managers - Mr. Satish Dondapati, Mr. Jeetu Valechha Sonar & Mr. Abhishek Bisen
- Benchmark - Nifty Bank Index (Total Return Index)TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
This is a summary of a public announcement, shared for information. It is not a recommendation, and 2i WealthPlus Financial Services may not distribute every scheme mentioned. Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not an indicator of future returns. 2i WealthPlus Financial Services acts solely as an AMFI-registered Mutual Fund Distributor (ARN: 266652) and earns trailing commissions paid by Asset Management Companies (AMCs) for mutual fund scheme distribution. In compliance with SEBI guidelines, we do not provide SEBI-registered investment advisory or portfolio management services.