Description

KOTAK NIFTY ALPHA 50 INDEX FUND will reopen for ongoing subscription, redemption, SIP, STP & SWP facility on BSE StAR MF Platform from August 22, 2025.

Summary

KOTAK NIFTY ALPHA 50 INDEX FUND will reopen for ongoing subscription and redemption along with SIP, STP & SWP facility on BSE StAR MF Platform effective August 22, 2025. This applies to all six variants of the fund covering both regular and direct plans with different dividend options.

Key Points

  • Fund reopening for ongoing transactions after temporary closure
  • All transaction types available: subscription, redemption, SIP, STP, SWP
  • Covers 6 scheme variants: Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options
  • All variants classified under Equity category
  • Unique ISIN codes assigned for each variant

Regulatory Changes

No regulatory changes - this is a routine fund reopening notice.

Compliance Requirements

Members of BSE StAR MF Platform can process transactions for KOTAK NIFTY ALPHA 50 INDEX FUND starting August 22, 2025.

Important Dates

  • August 22, 2025: Effective date for fund reopening on BSE StAR MF Platform
  • August 21, 2025: Notice date

Impact Assessment

Minimal market impact. This is a routine operational notice affecting only investors interested in KOTAK NIFTY ALPHA 50 INDEX FUND transactions through BSE StAR MF Platform. The reopening provides additional investment options for retail and institutional investors seeking exposure to Nifty Alpha 50 index.

Impact Justification

Routine mutual fund reopening notice affecting only specific fund transactions