Kotak Mahindra Mutual Fund launches Kotak NIFTY 100 Low Volatility 30 Index Fund

NFO period: 22^nd May ? 31^st May, 2024

Highlights of the NFO:

• Scheme type ? An open ended scheme replicating/tracking the NIFTY 100 Low Volatility 30 Index


• Investment objective ? The investment objective of the scheme is to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be achieved.


• Product suitability ? The product is suitable for investors who are seeking long term capital growth return that corresponds to the performance of NIFTY 100 Low Volatility 30 Index subject to tracking error.


• Minimum Application Amount ? First investment Rs. 100/- and any amount thereafter


• Plan/ Options available ? Regular Plan and Direct Plan having Growth and Income Distribution cum capital withdrawal (IDCW) (Payout and Reinvestment).


• Fund Managers ? Mr. Devender Singhal and Mr. Satish Dondapati and Mr. Abhishek Bisen (Debt securities)


• Benchmark ? NIFTY 100 Low Volatility 30 Index (Total Return Index)