Notice No20210216-42Notice Date16 Feb 2021
CategoryTradingSegmentMutual Fund
SubjectLaunch of New Fund Offer with SIP facility of KOTAK Mutual Fund on BSE StAR MF Platform
Content

MFIs/MFDs/RIAs are hereby informed that KOTAK Mutual Fund will be offering KOTAK NIFTY NEXT 50 INDEX FUND - NFO alongwith SIP facility from February 17, 2021 to February 24, 2021 on BSE StAR MF Platform.

The scheme details are given below:

Sr. No

Scheme Name

Scheme Category

ISIN

Allotment date

1

KOTAK NIFTY NEXT 50 INDEX FUND-REGULAR PLAN - GROWTH

EQUITY 

INF174KA1FX3

03/03/2021

2

KOTAK NIFTY NEXT 50 INDEX FUND-REGULAR PLAN - DIVIDEND PAYOUT

EQUITY

INF174KA1FW5

03/03/2021 

3

KOTAK NIFTY NEXT 50 INDEX FUND-REGULAR PLAN - DIVIDEND REINVESTMENT

EQUITY 

INF174KA1FY1

03/03/2021 

4

KOTAK NIFTY NEXT 50 INDEX FUND-DIRECT PLAN - GROWTH

EQUITY 

INF174KA1GA9

03/03/2021

5

KOTAK NIFTY NEXT 50 INDEX FUND-DIRECT PLAN - DIVIDEND PAYOUT

EQUITY 

INF174KA1FZ8

03/03/2021 

6

KOTAK NIFTY NEXT 50 INDEX FUND-DIRECT PLAN - DIVIDEND REINVESTMENT

EQUITY 

INF174KA1GB7

03/03/2021 

 

MFDs/RIAs/RFDs are also hereby informed that, AMC confirmed that allotment for above scheme will be done on March 03, 2021 hence the clear funds has to be available in ICCL Account by 3.00 pm on March 01, 2021.

Also, we have received communication from KOTAK AMC regarding extension of KOTAK NIFTY NEXT 50 INDEX FUND - NFO till mid night on NFO closure date i.e. on Feruary 24, 2021 on BSE StAR MF Platform.

 

 

Ketan Jantre                                                Zeeta Eustace

Sr. General Manager – Mutual Funds       Asst. General Manager – Mutual Funds