Description
NSE announces availability of Kotak Nifty Alpha 50 Index Fund NFO for trading on NSE MF Invest Platform from July 28 to August 11, 2025.
Summary
NSE has announced the launch of Kotak Nifty Alpha 50 Index Fund NFO on the NSE MF Invest Platform. The fund will be available for transactions from July 28, 2025, to August 11, 2025, with an allotment date of August 19, 2025. The offering includes six scheme variants covering both Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options.
Key Points
- Kotak Nifty Alpha 50 Index Fund NFO available on NSE MF Invest Platform
- Transaction period: July 28, 2025, to August 11, 2025
- Six scheme variants available (Regular and Direct plans with different dividend options)
- All schemes categorized as Equity funds
- Allotment date scheduled for August 19, 2025
- Clear funds must be received in designated Clearing Corporation account by NFO closing date
Regulatory Changes
No regulatory changes introduced. This is a standard NFO launch announcement.
Compliance Requirements
- Members must ensure clear funds are received in the designated Clearing Corporation account on or before the NFO closing date
- Standard NFO transaction procedures apply through NSE MF Invest Platform
Important Dates
- Transaction Start Date: July 28, 2025
- NFO Closing Date: August 11, 2025
- Allotment Date: August 19, 2025
Impact Assessment
This is a routine NFO launch with minimal market impact. The announcement provides investment opportunities in the Nifty Alpha 50 Index through Kotak Mutual Fund but does not affect existing market operations or introduce new compliance requirements. Impact is limited to investors interested in this specific index fund offering.
Impact Justification
Routine NFO launch announcement with no regulatory changes or compliance requirements affecting broader market operations