KOTAK NIFTY MIDCAP 50 INDEX FUND REGULAR PLAN IDCW PAYOUT

KOTAK NIFTY MIDCAP 50 INDEX FUND REGULAR PLAN IDCW PAYOUT is a scheme launched by Kotak Mutual Fund on August 21, 2024, and falls under the Index fund category. It currently manages an AUM of Rs 57.89 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 0.88% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  KOTAK NIFTY MIDCAP 50 INDEX FUND REGULAR PLAN IDCW PAYOUT trailing returns over different times are -2.66% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at 1.98%.