India, Feb. 14 -- Kotak Mahindra Mutual Fund has launched a new Open Ended Growth scheme named "Kotak Nifty Commodities Index Fund" 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 Feb 17 to Mar 03, 2025.
According to the offer document filed with SEBI, the entry and exit load is Nil.
The minimum application amount is Rs 100.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.
The fund manager of the scheme will be Devender Singhal, while the performance of the scheme will be benchmarked against Nifty Commodities Total Return.
The investment objective...