November 23, 2024
mayank
Kotak Nifty 100 Equal Weight Index Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Kotak Nifty 100 Equal Weight Index Fund Open Date, Close Date?
NFO opens on December 02, 2024
NFO will close on December 16, 2024
Invest Stratege for this NFO?
The scheme seeks to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors.
Basic Details
| Fund House | Kotak Mahindra Mutual Fund |
| Issue Open | 02 December 2024 |
| Issue Close | 16 December 2024 |
| Type | Open-ended |
| Category | Equity: Large Cap |
| Min. Investment(Rs) | 100 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | NIFTY 100 Equal Weighted TRI |
About Benchmark Index for this NFO?
The Nifty100 Equal Weight Index comprises of same constituents as Nifty 100 Index (free float market capitalization based Index).
The Nifty 100 tracks the behaviour of combined portfolio of two indices viz. Nifty 50 and Nifty Next 50.
Each constituent in Nifty100 Equal Weight Index is allocated fixed equal weight at each re-balancing.
Nifty100 Equal Weight Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty100 Equal Weight Total Returns Index.
Portfolio Characteristics
| Methodology | Equal Weighted |
| No. of Constituents | 100 |
| Launch Date | June 10, 2013 |
| Base Date | January 01, 2003 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi – Annually |
Fund Managers of Kotak Nifty 100 Equal Weight Index Fund
1) Devender Singhal
Education: Mr. Singhal has done B.A. (Maths) from Delhi University and PGDM, Finance from Fore School of Management, Delhi.
Experience: Prior to joining Kotak Mahindra AMC , he has worked with Kotak Securities Ltd.(July 2007 — January 2009) ,Religare (February 2006 — June 2007), Karvy (July 2004 — January 2006), P N Vijay Financial Services Pvt Ltd(2001 — 2004) and Dundee Mutual Fund( Summer Trainee ) (May 2000 — June 2000 ).
2) Satish Dondapati
Education: Mr. Dondapati has done MBA Finance
Experience: Prior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.
3) Abhishek Bisen
Education: Mr. Bisen is a BA and MBA in Finance.
Experience: Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
AMC
Kotak Mahindra Asset Management Company Ltd
Address: The Capital Building, Behind ICICI Bank,
G Block BKC, Bandra Kurla Complex Bandra (E), Mumbai – 400051
Website: https://www.kotakmf.com/
Registrar & Transfer Agent
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Is it good to invest in Kotak Nifty 100 Equal Weight Index Fund NFO?
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Quicklinks
https://sahifund.com/review-of-kotak-nifty-100-equal-weight-index-fund-nfo/