NFO Alert: Kotak and SBI Mutual Fund Launch New Funds

Kotak Mahindra AMC and SBI Mutual Fund have launched new index schemes: Kotak Nifty 200 Quality 30 Index Fund and SBI Nifty200 Momentum 30 Index Fund. Both are open-ended funds that track factor-based indices within the Nifty 200 universe. These are high-risk offerings as per SEBI’s Risk-o-Meter.

Kotak Nifty 200 Quality 30 Index Fund

This fund tracks the Nifty 200 Quality 30 Index, which includes 30 companies selected based on return on equity, debt-to-equity ratio, and earnings stability. As of March 31, 2025, Kotak AMC’s total AUM stood at ₹4,78,456.85 crore. The scheme is available under both Growth and IDCW options, across Direct and Regular plans.

• NFO Dates: June 23, 2025 - July 7, 2025
• Allotment Date: July 18, 2025
• Minimum Investment: ₹100
• Entry Load: Nil
• Exit Load: Nil
• Stamp Duty: 0.005% as per SEBI rules
• Fund Managers: Abhishek Bisen, Satish Dondapati, Devender Singhal

SBI Nifty200 Momentum 30 Index Fund

This fund aims to mirror the Nifty200 Momentum 30 Index, which includes 30 stocks from the Nifty 200 with the highest momentum scores based on price performance. As of March 31, 2025, SBI Mutual Fund’s AUM stood at ₹10,65,912.74 crore. The fund offers both Growth and IDCW options under Direct and Regular plans.

• NFO Dates: June 23, 2025 - July 3, 2025
• Allotment Date: July 15, 2025
• Minimum Investment: ₹5,000
• Entry Load: Nil
• Exit Load: 0.25% if redeemed within 15 days
• Stamp Duty: 0.005%
• Fund Manager: Viral Chhadva

Read More: Best Mutual Funds for Lumpsum Investment for June 2025!

Conclusion

The 2 funds differ in their stock selection approach, one based on quality parameters, the other on momentum trends. Both NFOs are currently open and set to close in early July.

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.