Kotak Mutual Fund launches Kotak BSE Sensex Index Fund NFO opens on 27/01/2025; closes on 10/02/2025

Mumbai, : Kotak Mahindra Asset Management Company Ltd (“KMAMC” / “Kotak Mutual  Fund”) today announced the launch of the Kotak BSE Sensex Index Fund, an open-ended scheme  replicating/tracking the BSE Sensex Index. The scheme opens for public subscription on January 27, 2025, and  closes on February 10, 2025.

The fund offers investors an opportunity to invest in the top 30 large-cap companies by tracking the BSE Sensex  index. Large-cap stocks, represented by the BSE Sensex index, are market leaders across various sectors, known  for their operational efficiency, corporate governance, and focus on innovation. Investing in this index could  provide investors with an entry point to participate in India’s potential long-term growth story.

Nilesh Shah, Managing Director, KMAMC, said, “At Kotak Mutual Fund, we continually strive to provide our  investors with diverse investment solutions. The launch of the Kotak BSE Sensex Index Fund aligns with our  commitment to offering both active and passive products that cater to different risk appetites and investment  horizons. This index fund offers investors an opportunity to invest in the top 30 companies representing India’s  large and established businesses. The BSE Sensex Index provides investors with exposure to a diversified  portfolio of blue-chip companies across sectors.”

Devender Singhal, Executive Vice President and Fund Manager, KMAMC, added, “Historically, the BSE Sensex  Index has been regarded as a barometer of India’s economic growth. Investing in the BSE Sensex Index provides  exposure to top 30 blue-chip companies across diverse sectors, aiming to offer long-term growth potential.  Investors seeking a core portfolio allocation with a long-term perspective can consider this index fund.”

The scheme opens for public subscription on January 27, 2025, and closes on February 10, 2025. Investors can  invest a minimum amount of Rs 100 and in any amount thereafter. For more details on the Kotak BSE Sensex  Index Fund, please visit www.kotakmf.com

Past performance may or may not be sustained in the future. For more details on the Kotak BSE Sensex Index  Fund, please visit: www.kotakmf.com. For detailed index methodology, kindly visit www.asiaindex.co.in. Investors are advised to consult their financial expert before making any investment decisions.