Description
Kotak Nifty Alpha 50 Index Fund reopening for subscriptions, redemptions, and systematic facilities from August 22, 2025.
Summary
Kotak Nifty Alpha 50 Index Fund will be available for ongoing transactions on NSE MF Invest Platform effective August 22, 2025. The fund offers both regular and direct plans with growth and dividend options, along with systematic investment facilities.
Key Points
- Fund reopening for ongoing subscriptions and redemptions from August 22, 2025
- Six scheme variants available: Regular and Direct plans with Growth, IDCW Payout, and IDCW Reinvestment options
- SIP, STP, and SWP facilities enabled
- All schemes categorized under Equity category
- Unique ISIN codes assigned for each variant
Regulatory Changes
No regulatory changes introduced. This is a routine reopening of an existing mutual fund scheme.
Compliance Requirements
Members must ensure proper implementation of the fund availability on their platforms from the effective date.
Important Dates
- Effective Date: August 22, 2025 - Fund becomes available for ongoing transactions
Impact Assessment
Minimal market impact as this is a routine fund reopening. Provides additional investment options for investors seeking exposure to Nifty Alpha 50 index through systematic investment routes.
Impact Justification
Routine mutual fund scheme reopening with no market disruption or regulatory changes