Kotak Mahindra Mutual Fund has launched the Kotak Nifty 100 Low Volatility 30 Index Fund. This new offering aims to replicate the Nifty 100 Low Volatility 30 Index, providing investors with an opportunity to benefit from a diversified portfolio with reduced volatility.
Source:- india today
The Nifty 100 Low Volatility 30 Index selects 30 stocks from the Nifty 100 that exhibit the lowest volatility, thus offering a potentially more stable investment option. The top constituents of the index include prominent companies like Dabur India, Britannia Industries, Nestle India, Hindustan Unilever, and Tata Consultancy Services.
Source:- BBC News
The fund’s objective is to generate returns commensurate with the performance of the Nifty 100 Low Volatility 30 Index, subject to tracking errors. Managed by Devender Singhal, Satish Dondapati, and Abhishek Bisen, the fund has no entry or exit load, making it an attractive option for investors seeking to minimize transaction costs.
Investors can start with a minimum investment of ₹5,000, with additional investments in multiples of ₹1. The fund is benchmarked against the Nifty 100 Low Volatility 30 Total Return Index, ensuring transparency and performance tracking against a recognized standard.
The launch of this fund reflects Kotak Mahindra Mutual Fund’s strategy to cater to risk-averse investors looking for stable returns through a passive investment product.
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