India, Nov. 18 -- Kotak Mahindra Mutual Fund has launched a new Open Ended Growth scheme named "Kotak Nifty500 Momentum 50 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 Nov 20 to Dec 04, 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 Nifty500 Momentum 50 Total Return.
The investment obj...