Kotak Mahindra AMC launches Nifty Smallcap 250 Index Fund

Kotak Mahindra AMC launches Nifty Smallcap 250 Index Fund

Kotak Mahindra Asset Management Company has launched the Kotak Nifty Smallcap 250 Index Fund, an open-ended scheme that tracks the Nifty Smallcap 250 Index.

Index Fund Corner

Sponsored

Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio
Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12%
Axis Nifty 100 Index Fund +38.59% Invest Now Equity: Large Cap 0.21%
Axis Nifty Next 50 Index Fund +71.83% Invest Now Equity: Large Cap 0.25%
Axis Nifty 500 Index Fund Invest Now Equity: Flexi Cap 0.10%
Axis Nifty Midcap 50 Index Fund +46.03% Invest Now Equity: Mid Cap 0.28%

The New Fund Offer (NFO) will be open for public subscription from January 6 to January 20, 2025.

The Nifty Smallcap 250 Index includes 250 companies ranked 251st to 500th by free float market capitalisation within the Nifty 500 Index. It represents a broad spectrum of small-cap companies across various sectors, offering investors an affordable and transparent way to gain exposure to the small-cap segment.

Nilesh Shah, Managing Director of Kotak Mahindra AMC, emphasised the company’s commitment to providing diverse investment solutions.
“With this fund, investors can access a broad set of small-cap companies. However, given the stretched valuations, we advise a long-term investment approach,” he stated.

Devender Singhal, Executive Vice President & Fund Manager at Kotak Mahindra AMC, highlighted the significance of the new fund.

For more insights and to access various investment calculators, visit CNBC TV18 Investment Calculators.

“This index-based fund is a key addition to our passive product lineup, catering to investors interested in India’s Smallcap space. The Smallcap sector represents key economic sectors like Capital Goods, Finance, Healthcare, and Consumption,” Singhal said.

The Kotak Nifty Smallcap 250 Index Fund is designed for investors seeking diversified exposure to small-cap companies. Investors are encouraged to consult with financial experts before making investment decisions.

ALSO READ | Cosmea Financial Holdings receives SEBI nod to enter mutual fund business

“Speechless” Beau Webster Gushes After A ‘Dream Debut’ In Sydney Against India Previous post “Speechless” Beau Webster Gushes After A ‘Dream Debut’ In Sydney Against India
US National Security Adviser Meets Foreign Minister S Jaishankar In Delhi Next post US National Security Adviser Meets Foreign Minister S Jaishankar In Delhi

Leave a Reply

Your email address will not be published. Required fields are marked *