Closed 19 Oct 2026 Kotak Mahindra Mutual Fund · Index Fund · Equity
Kotak Nifty 500 Index Fund is a new scheme from Kotak Mahindra Mutual Fund, in the Index Fund · Equity category. Its new fund offer ran from 5 Oct 2026 to 19 Oct 2026. The minimum investment is ₹1,000. Units were offered at ₹10 each during the offer.
| Fund house | Kotak Mahindra Mutual Fund |
|---|---|
| Category | Index Fund · Equity |
| Scheme type | Open Ended |
| NFO opens | 5 Oct 2026 |
| NFO closes | 19 Oct 2026 |
| Offer price | ₹10 per unit |
| Minimum investment | Rs. 1000/- and any amount thereafter |
Passive Investment in equity and equity related securities replicating the composition of Nifty 500 Index, subject to tracking error. “There is no assurance that the investment objective of the scheme will be achieved”
Quoted from the scheme's own document. An objective is what the scheme intends to do, not what it will achieve.
A new scheme is sold at a fixed price during its offer — here ₹10 a unit — and at its daily NAV afterwards. That fixed price is not a discount: it buys a proportionally smaller share of the same portfolio. What a new scheme genuinely lacks is a record of its own, so there is no return, no drawdown and no expense history to read yet; the objective above and the scheme information document are what exist.
Once this scheme is running you will find its NAV and performance in the Fund Explorer, and you can replay a hypothetical SIP in it with What your SIP actually did.
See all new fund offers — open, upcoming and closed.
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