NFO of Kotak Nifty 100 Low Vol 30 ETF
The investment objective of the scheme is to replicate the composition of the NIFTY 100 Low Volatility 30 Index and to generate returns that are commensurate with the performance of the NIFTY 100 Low Volatility 30 Index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be realized.
NFO opens on March 15 ,2022
NFO will close on March 22,2022
(Our Guidance & Invest Online button are given at the bottom of the Page)
Investment Strategy
The scheme seeks to replicate the composition of the NIFTY 100 Low Volatility 30 Index and to generate returns that are commensurate with the performance of the NIFTY 100 Low Volatility 30 Index, subject to tracking errors.
Basic Details
Fund House: Kotak Mahindra Mutual Fund
Issue Open: 15 Mar 2022
Issue Close: 22 Mar 2022
Category: Equity : Large Cap
Type: Open-ended
Min. Investment Rs 5,000
Plans: Dividend & Growth
Lock-in Period Not Applicable
Exit Load (%): 0
Riskometer: Very High
Benchmark: NIFTY 100 Low Volatility 30 TRI
Fund Manager
Abhishek Bisen
Education: Mr. Bisen is a BA and MBA in Finance.
Experience: Prior to joining Kotak AMC, Abhishek was working with Securities Trading Corporation Of India Ltd
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.
AMC:
Kotak Mahindra Asset Management Company Ltd
Address: 27 BKC, C-27, G Block, 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
Mutual Fund Guidance by Paresh Gordhandas , Research Analyst
What is this ETF?
The scheme seeks to replicate the composition of the NIFTY 100 Low Volatility 30 Index and to generate returns that are commensurate with the performance
What is Nifty 100 Low Vol 30 Index?
NIFTY100 Low Volatility 30 Index aims to measure the performance of the low volatile securities The securities are selected from NIFTY 100 index and should be available for trading in derivative segment(F&O)
The NIFTY100 Low Volatility 30 index measures performance of the 30 least volatile stocks in the NIFTY 100 eg. in the large market capitalisation segment. The securities are selected from NIFTY 100 index and should be available for trading in derivative segment(F&O) Volatility is measured as standard deviation of stock returns over a one year period.
Index Fundamentals
The index has provided return of 16.08% since inception and during last 5 years, it has given 12.67% return p.a. It has Pe of 23.7 and Price to book value ratio of 5.00 . The current Yield is 21.6%
Sector Weight(%) in the Index:
CONSUMER GOODS 33.30
IT 15.07
FINANCIAL SERVICES 13.04
AUTOMOBILE 7.61
OIL & GAS 6.33
PHARMA 6.31
POWER 6.11
CEMENT & CEMENT PRODUCTS 6.00
CONSTRUCTION 3.18
CHEMICALS 3.06
Who should invest in this NFO ??
This product is suitable for investors who are seeking:
1) Capital appreciation over the long term.
2) who wish to secure himself from the huge volatility in the market.
So We recomment this NFO & Suggest …>>>> APPLY
Mutual fund investments are subject to market risks, read all scheme related documents carefully.