Kotak nfo: Kotak Mutual Fund House launched Kotak BSE Sensex Index Fund on Monday, January 27, 27 January. It is an open-ended index fund, providing investors an opportunity to invest in top 30 large cap companies, tracking the benchmark index Sensex.
This new fund offer of Kotak has been introduced especially for investors who want to capital in long -term and are looking for an opportunity to participate in India’s possible development journey.
Kotak BSE Sensex Index Fund: 100 rupees can be started
The new fund offer (NFO) of this scheme has opened for subscription from 27 January. Investors can bet on this NFO of Kotak by 10 February. Investors can start investing in this fund with a minimum of Rs 100. There is no limit on investment ahead of this, after investment of minimum Rs 100, investors can invest any amount.
Nfo start date: 27 January 2025
NFO Closure Date: 10 February 2025
Great opportunity to invest in Sensex’s top 30 large cap companies
The special feature of this NFO of Kotak is that this fund offers investors the opportunity to invest in top 30 large-cap companies through the BSE Sensex index. Large cap companies associated with the BSE Sensex index are considered market leaders in various fields, which are known to focus on their operational skills, corporate governance and innovation. Investing in this index can provide investors an important opportunity of participation in India’s long-term development story.
Kotak BSE Sensex Index Fund: Who should invest
According to the Fund House, Kotak BSE Sensex Index Fund is designed for investors who want to invest in long term and make capital. This fund can prove to be a better entry point for investors who are planning to invest in equity mutual funds for the first time. This fund can prove to be a better offer for investors looking for investment opportunities in bluechip companies at low cost.
Devendra Singhal, Executive Vice President and Fund Manager of Kotak Mahindra Asset Management Company (KMAMC), said, “Historically, the BSE Sensex index has been considered a standard of India’s economic growth. Investing in the BSE Sensex index provides an opportunity to invest in top 30 blue-chip companies spread in various fields, aimed at providing the possibilities of long-term development. Investors who want a strong portfolio allocation with long term outlook can consider this index fund. ”
Blue-chip companies will get a divers portfolio
Nilesh Shah, managing director of Kotak Mahindra Asset Management Company (KMAMC), said, “In Kotak Mutual Fund, we constantly make efforts to provide various investment solutions to our investors. The introduction of Kotak BSE Sensex Index Fund is in line with our commitment, in which we provide both active and passive products keeping in mind various risk -taking abilities and investment periods. This index fund offers investors an opportunity to invest in the top 30 companies in India, which represents the country’s big and established business. The BSE Sensex index offers investors an opportunity to invest in a diversion portfolio of blue-chip companies spread in various fields. ”