NFO Alert: Kotak Mahindra Mutual Fund Launches Nifty Capital Markets Index Fund

Kotak Mahindra Mutual Fund has opened the Kotak Nifty Capital Markets Index NFO for subscription on 15 September 2026. The issue will remain open until 29 September 2026. 

The scheme is an open-ended fund and falls under the Equity: Sectoral-Other category. Investors can start with a minimum investment of ₹1,000. 

Investment Objective 

The scheme aims to provide returns that, before expenses, correspond to the total returns of securities represented by its underlying index, subject to tracking errors. 

The fund will track the Nifty Capital Markets TRI, which is also its benchmark. As an index fund, the returns may differ from those of the benchmark due to tracking errors and expenses. 

Fund Managers 

The Kotak Nifty Capital Markets Index Fund will be managed by Jeetu Valechha Sonar, Satish Dondapati and Abhishek Bisen. 

The scheme offers both Growth and IDCW plans. Investors can choose between the available options based on their requirements. 

Key Details of the Scheme 

The fund does not have a lock-in period, while the exit load is listed as zero. This means there is no specified lock-in attached to investments in the scheme and no exit load mentioned for withdrawals. 

The riskometer places the scheme in the Very High risk category. Investors therefore need to consider the risk level of the fund along with its investment objective and sector focus. 

Nifty Capital Markets TRI 

The scheme uses the Nifty Capital Markets TRI as its benchmark. Its investment objective is linked to the performance of the securities included in this underlying index, with returns intended to correspond to the index before expenses and tracking differences. 

Read More: SIP Inflows Hit Record ₹32,297 Crore in August; Contributing Accounts Cross 10 Crore! 

Conclusion 

The Kotak Nifty Capital Markets Index NFO is open from 15 September to 29 September 2026, with a minimum investment of ₹1,000. The open-ended scheme has a Very High risk rating and tracks the Nifty Capital Markets TRI. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.