Kotak Nifty 50 Index Fund -Regular IDCW Reinvestment

Kotak Nifty 50 Index Fund -Regular IDCW Reinvestment is a scheme launched by Kotak Mutual Fund on June 21, 2021, and falls under the Index fund category. It currently manages an AUM of Rs 958.76 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 0.37% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to replicate the composition of the Nifty 50 and to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking errors.

• Performance:

  Kotak Nifty 50 Index Fund -Regular IDCW Reinvestment trailing returns over different times are 7.16% (1 year), 14.1% (3 year) and 0% (5 year). The average annual return of this fund stands at 10.46%.