Description
BSE permits trading of Kotak Nifty Alpha 50 ETF units in B Group effective February 10, 2026, with 15.41 crore units and 4 designated market makers.
Summary
BSE has permitted trading of Kotak Nifty Alpha 50 ETF units effective February 10, 2026, in the B Group category under the permitted securities framework. The open-ended scheme will have 15,41,26,753 units available for trading with a face value of Rs. 10 per unit and market lot of 1. Four market makers have been designated to ensure liquidity.
Key Points
- Scrip Code: ALPHA, listed in B Group
- Total Units: 15,41,26,753 units
- Face Value: Rs. 10 per unit
- Market Lot: 1 unit
- ISIN: INF174KA1IA5
- Investment Manager: Kotak Mahindra Asset Management Company Ltd
- Registered Office: 2nd Floor, 12-BKC, Plot No. C-12, G-Block, Bandra Kurla Complex, Bandra East, Mumbai - 400 051
- Registrar: Computer Age Management Services Limited (CAMS), Chennai
Market Makers
Four designated market makers for liquidity:
- Kotak Securities Limited
- Parwati Capital
- Kanjalochana Finserve Private Limited
- Motilal Oswal Financial Services Limited
Regulatory Framework
Trading permitted under BSE’s provisions for “permitted securities category” which allows dealings in securities listed on other exchanges.
Important Dates
- Notice Date: February 9, 2026
- Trading Commencement: February 10, 2026 (Tuesday)
Contact Information
AMC Contact:
- Contact Person: Ms. Jolly Bhatt
- Email: jolly.bhatt@kotak.com
- Website: www.kotakmf.com
BSE Contact:
- Contact Person: Parag Jain, Manager - Listing Compliance & Operations
- Email: mf.listing@bseindia.com
- Tel: 022-2272 8685
Registrar Contact:
- CAMS: +91-44 2843 3303 / +91-44 6102 3303
- Email: enq_g@camsonline.com
- Website: www.camsonline.com
Impact Assessment
Routine ETF listing with minimal market impact. Provides investors access to a Nifty Alpha 50 tracking instrument on BSE platform. The presence of four market makers ensures adequate liquidity for trading members and investors.
Impact Justification
Routine ETF listing announcement with no material market impact; enables trading of new Kotak ETF units under permitted securities framework