Kotak Mahindra AMC launches Kotak Nifty 200 Momentum 30 Index Fund; offer to open on 25 May1 min read 23 May 2023, 07:18 PM IST
The new mutual fund scheme is an open-ended tracking the Nifty 200 Momentum 30 Index. According to Kotak AMC, this product is suitable for investors who are seeking long term capital growth.
Kotak Mahindra Asset Management Company on Tuesday launched the Kotak Nifty 200 Momentum 30 Index Fund, an open-ended scheme. The new fund aims to track the performance of the top 30 companies within the Nifty 200, selected based on their Normalized Momentum Score. The new fund offer (NFO) for this scheme will open on May 25 and will close on June 8, 2023.
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