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 guarantee or assurance that the investment objective of the scheme will be achieved.
| Fund Overview | |
|---|---|
| Exit Load | Nil |
| Min. SIP Amount | ₹100 |
| Min. LumpSum Amount | ₹100 |
| Launch Date | 2nd Sep 2024 |
| End Date | 16th Sep 2024 |
| Allotment Date | 23rd Sep 2024 |
| NAV | ₹10.00 |
| Stamp Duty | 0.005% |
| Lock in | Nil |
| Scheme Benchmark | Nifty India Tourism Index (TRI) |
| Risk | Very High |
| Scheme Category | Other / Index |
| Fund Manager | Devender Singhal |
| AMCs Details | |
| AMC Name | Kotak Mutual Fund |
| RTA | Computer Age Management Services Ltd. |
| Total AUM | ₹4,53,968.83 Cr |
| Total Scheme | 67 |
How to apply for this NFO?
To apply for this New Fund Offer (NFO), download the Dhan App today!
About Kotak Mutual Fund.
Kotak Mahindra Asset Management Company (KMAMC), a subsidiary of Kotak Mahindra Bank, manages Kotak Mutual Fund. Launched in December 1998, it was India’s first AMC to offer a gilt fund dedicated to government securities. KMAMC also pioneered the gold leaf program, focused on government bond investments.
As of March 31, 2024, Kotak AMC manages ₹3.81 lakh crore, catering to different investor profiles. It invests in AAA and AA-rated companies and offers tax benefits under Section 80C. With over 8.1 million investor accounts and 50,000 distributors, it’s a key player in India’s financial services.
Part of the Kotak Mahindra Group, which offers services like banking, insurance, and investment solutions, KMAMC helps meet diverse financial needs for individuals and businesses alike.
Happy Investing,
Saurav Parui