Description
KOTAK NIFTY ALPHA 50 INDEX FUND reopens for ongoing subscription and redemption along with SIP, STP & SWP facility effective August 22, 2025.
Summary
KOTAK NIFTY ALPHA 50 INDEX FUND is reopening for ongoing subscription and redemption transactions on BSE StAR MF Platform effective August 22, 2025. The fund will offer SIP, STP & SWP facilities across six plan variants.
Key Points
- Fund reopens for ongoing transactions on August 22, 2025
- Available on BSE StAR MF Platform
- Includes SIP (Systematic Investment Plan), STP (Systematic Transfer Plan) & SWP (Systematic Withdrawal Plan) facilities
- Six plan variants available: Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options
- All plans are categorized as EQUITY funds
Regulatory Changes
No regulatory changes announced. This is a reopening of an existing mutual fund scheme for ongoing transactions.
Compliance Requirements
Members and investors can resume transactions in the specified fund schemes through BSE StAR MF Platform starting August 22, 2025.
Important Dates
- Effective Date: August 22, 2025 - Fund reopens for ongoing transactions
- Reference Notice: Notice No. 20250725-51
Impact Assessment
Low impact on overall market operations. This is a routine reopening of a mutual fund scheme that provides investors with additional investment options in the NIFTY Alpha 50 index strategy. The availability of systematic investment facilities enhances investor convenience but does not materially affect broader market dynamics.
Impact Justification
Routine mutual fund reopening notice with limited market impact