Mumbai, Feb. 19 -- Kotak Mahindra Mutual Fund has announced a change in the face value of units and creation unit size for certain of its Exchange Traded Funds (ETFs) with effect from February 27, 2026

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Name of the Scheme

Existing Provisions

Revised Provisions

Kotak Nifty Bank ETF

Kotak Nifty India Consumption ETF

Kotak Nifty Midcap 50 ETF

Kotak Silver ETF

Kotak Nifty 50 Value 20 ETF

The face value of each unit offered under the Scheme shall be Rs. 10

The face value of each unit offered under the Scheme shall be Rs. 1

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