Kotak Mahindra AMC launches new debt index fund. Details here
India's debt market has been growing in size over the past few years and investors, especially retail participants, can own a pie of state debt through this launch. This will also help investors to diversify their investments and get the carry advantage via sovereign ownership
NEW DELHI: Kotak Mahindra Asset Management Company Ltd on Friday announced the launch of an open-ended target maturity index fund, Kotak Nifty SDL April 2032 Top 12 Equal Weight Index Fund.