Minimum Investment Rs. 100 Kotak Top Ten Equal Weight Index
Kotak
Mutual Fund has launched Kotak Nifty Top Ten Equal Weight Index. The underlying
index invests equally in the top 10 companies based on market capitalization.
While
market leadership matters, how you invest in the market leaders matters even
more. The fund allows investors to participate in India's largest companies,
ensuring that every leader has an equal opportunity to contribute to returns.
Given
the recent underperformance of large-cap stocks and their valuations seeming
reasonable, it might be an opportune moment for investors to consider
allocation to India's top companies by market capitalisation.’
Historically, the Nifty Top 10 Equal Weight
Index has seen lower drawdowns compared to broad-based indices, making it a
potentially resilient investment choice.
By
reducing over-reliance on a single stock and maintaining equal allocation, this
fund offers a structured, rule-based approach to long-term capital growth.
Name of the scheme:
Kotak Nifty Top 10 Equal Weight Index Fund
Category of the Scheme:
Others - Index Fund
Type of Scheme:
An open ended scheme replicating/tracking the Nifty Top 10 Equal Weight Index
Benchmark:
Nifty Top 10 Equal Weight Index (Total Return Index)
Minimum Amount for Application in the NFO of Scheme:
Rs. 100- and any amount thereafter^
Fund Manager(s)
Mr. Devender Singhal, Mr. Satish Dondapati and Mr. Abhishek Bisen
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
guarantee or assurance that the investment objective of the scheme will be
achieved.
The NFO closes on 2025 April 21.
For More details and investment
Sivakasi Manikandan, MBA (F&M), [MBA, I & FP],
FChFP, CIS, AMFI, CII (London)
Managing Director - AISMONEY
No. 21, MBT Road, (Opp) Indian Bank, Walajapet - 632 513
Ranipet Dt. Tamil Nadu, India.
+ 91 98405 77675
+ 91 96777 66393 (Office)
support@aismoney.com
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The past performance of the mutual funds is not necessarily indicative of future performance of the schemes.