Kotak Nifty Small Cap 50 Index Fund NFO Review, Offer

Kotak Nifty Smallcap 50 Index Fund NFO Review

Updated on 19 Mar, 2024

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Kotak Mutual Fund is launching a new index fund, Kotak Nifty Smallcap 50 Index Fund, that seeks to track the NIFTY Smallcap 50 Index closely and aims to achieve returns of the index, subject to tracking errors.
The New Fund Offer (NFO) period for the Kotak Nifty Smallcap 50 Index Fund is from 16th March 2023 to 29th March 2023. The scheme re-opens for continuous repurchase and sale within 5 business days from the date of allotment.

Investment Objective: To closely replicate the composition of the Nifty Smallcap 50 Index and generate returns that are commensurate with the performance of the Nifty Smallcap 50 subject to tracking errors. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Kotak Nifty Smallcap 50 Index Fund NFO Details

Fund Name	Kotak Nifty Smallcap 50 Index Fund
NFO Opening Date	16th March 2023
NFO Closing Date	29th March 2023
Re-open Date	Within 5 business days from date of allotment
Type of Fund	Index Fund
Fund Manager	Mr. Devender SinghalMr. Satish Dondapati Mr. Abhishek Bisen
Minimum Investment Amount	INR 5000
Minimum Additional Purchase Amount	INR 1000
Exit Load	Nil
Suitability	Very High Risk
Benchmark	Nifty Smallcap 50 Index TRI
Plans and Options	Direct and Regular PlanGrowth and Income Distribution cum Capital Withdrawal (IDCW) Option

NOTE:

All additional investment amounts should be multiple of INR 1/-
Minimum SIP/SWP/STP for monthly frequency is INR 1,000/-

Who Can Invest in Kotak Nifty Smallcap 50 Index Fund NFO?

Kotak Nifty Smallcap 50 Index Fund is an index fund that invests in 50 smallcap companies that closely track the Nifty Smallcap 50 Index. Therefore, investors seeking exposure to an equity scheme and smallcap companies having high-risk tolerance levels can consider investing in the scheme. Since small-cap companies are highly volatile, this is a high-risk investment. Thus, investors must be well aware of the associated risks. This smallcap fund requires a minimum investment horizon of 5 years or more.

Kotak Nifty Small Cap Fund Managers

Mr Devendra Singhal
Mr Singhal joined Kotak AMC in 2007 and is responsible for FMCG, Automobiles, and the Media sector at Kotak Mutual Fund. He has more than 20 years of experience in fund management and equity research. Before joining the AMC, he was associated with the PMS divisions of Kotak, Religare, Karvy, and P N Vijay Financial Services.
Mr Abhishek Bisen
Mr Bisen has been associated with Kotak AMC since 2006 and his key responsibility is fund management of Debt schemes. Prior to joining Kotak Mutual Fund, he was with Securities Trading Corporation of India Ltd. Also, he has 2 years of merchant banking experience with a leading merchant banking firm. Mr Bisen holds a BA (Management) and MBA (Finance) degree.
Mr Satish Dondapati
Mr Dondapati has been associated with Kotak AMC since 2008 and has 13 years of rich experience in ETFs. Prior to joining Kotak Mutual Fund, he was on the MF Product Team of Centurion Bank Of Punjab. Mr Dondapati has done MBA (Finance).

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Asset Allocation

Types of Instruments	Minimum Allocation	Maximum Allocation	Risk Profile
Equity and equity-related securities covered by Nifty Smallcap 50 Index	95%	100%	High
Debt and Money Market Instruments	0	5%	Low to Medium

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Frequently Asked Questions

How Can I Invest in the Kotak Nifty Smallcap 50 Index Fund?

You can invest in the Kotak Nifty Smallcap 50 Index Fund through any of the following methods:
Offline:
By filling out the Kotak NFO application and submitting it along with all documents and cheques to the nearest Investor Service Centre of CAMS or Kotak mutual fund office.
Online:
Kotak Mutual Fund Website
Online FinTech platforms and mutual fund platforms
Through Demat account
Through a mutual fund distributor or agent

Is Kotak Nifty Smallcap 50 Index Fund risky?

\Yes, it is a very high-risk investment based on the riskometer. Kotak Nifty Smallcap 50 Index Fund is an index fund that closely tracks the Nifty Smallcap 50 Index. The fund invests majorly across 50 small cap companies.

Is there a lock-in period for Kotak Nifty Smallcap 50 Index Fund?

No, the Kotak Nifty Smallcap 50 Index Fund has no lock-in period.

When will the scheme open for ongoing subscriptions, switches and redemptions?

The Kotak Nifty Smallcap 50 Index Fund scheme re-opens for ongoing subscriptions, switches and redemptions within 5 business days from the date of allotment.