Kotak Mahindra Mutual Fund launches Kotak Nifty Private Bank ETF
NFO period: 08th Jul - 15th Jul, 2026
Highlights of the NFO:
- Scheme type - An open-ended scheme replicating/tracking Nifty Private Bank Index.
- Investment objective - The investment objective of the scheme is to provide returns that, before expenses, corresponds to the total returns of the securities as represented by the underlying index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be realized.
- Product suitability - This product is suitable for investors who are seeking to generate long-term capital Growth. An Exchange Traded Fund that Corresponds to the performance of Nifty Private Bank Index subject to Tracking error.
- Minimum Application Amount - Rs. 1,000/- and any amount thereafter
- Plan/ Options available - The Scheme does not offer any Plans/Options for investment.
- Fund Managers - Mr. Satish Dondapati, Mr. Jeetu Valechha Sonar and Mr. Abhishek Bisen
- Benchmark - Nifty Private Bank Index (Total Return Index (TRI))
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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