Kotak Mutual Fund launches Kotak BSE PSU Index Fund

NFO period: 10th July ? 24th July, 2024

Highlights of the NFO:

  • Scheme type ? An open-ended scheme replicating/tracking BSE PSU 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 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 BSE PSU 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 Option and Payout of Income Distribution cum capital withdrawal (IDCW) with Payout of Income Distribution cum Capital Withdrawal Option and Reinvestment of Income Distribution cum Capital Withdrawal Option.

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

  • Benchmark ? BSE PSU Index (Total Return Index)

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)