Kotak S&P BSE Housing Index Fund Floats On
Published on Aug 03, 2023 10:42
Kotak Mahindra Mutual Fund has launched a new fund named as Kotak S&P BSE Housing Index Fund.
The New Fund Offer (NFO) price for the scheme is Rs 10 per unit.
Category of Scheme: Other Scheme - Index Funds
The scheme has two plans: regular plan and direct plan.
The Scheme has the following Options: Growth Option & Income Distribution cum Capital Withdrawal (IDCW) Option
The minimum application amount is Rs 5000 and in multiples of Re. 1/- thereafter.
The additional application amount is Rs 1000 and in multiples of Re. 1/- thereafter.
Load structure: NIL
Benchmark Index for the scheme is S&P BSE Housing Index (Total Return Index)
The fund manager of the scheme is Mr. Devender Singhaland Mr. Satish Dondapati will be the Fund Managers for the Scheme . Mr. Abhishek Bisen will be the Fund Manager for debt securities in the Scheme.
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