India, Jan. 28 -- Kotak Mahindra Mutual Fund has launched a new Open Ended Growth scheme named "Kotak MSCI India ETF" with maturity period of 0 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Jan 29 to Feb 12, 2025.

According to the offer document filed with SEBI, the entry and exit load is Nil.

The minimum application amount is Rs 5,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth.

The fund manager of the scheme will be Devender Singhal, while the performance of the scheme will be benchmarked against .

The investment objective of the scheme is to replicate the composition of the MSCI India In...