S&P BSE Housing Index invest" />
S&P BSE Housing Index invest" />
Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Mutual Funds

| More

Kotak Mahindra Asset Management Company Limited launches Kotak S&P BSE Housing Index Fund

Posted On: 2023-08-07 12:24:42 (Time Zone: IST)


Kotak Mahindra Asset Management Company Ltd ("KMAMC" / "Kotak Mutual Fund") today announced the launch of Kotak S&P BSE Housing Index Fund, an open-ended scheme replicating/tracking S&P BSE Housing Index.

S&P BSE Housing Index invests in companies related to the housing theme. This index diligently measures the performance of common stocks within the S&P BSE 250 Large Midcap Index, categorized as part of the eligible common India Industry Classification. Constituents are weighted by float-adjusted market capitalization, subject to a single constituent weight cap of 5%. By closely replicating this index, the Kotak S&P BSE Housing Index Fund extends diverse investment opportunities to its investors linked to the housing sector. The fund presents a cost-effective and transparent approach to capitalize on the housing theme within the Indian stock market.

The scheme opens for public subscription on August 07th, 2023 and closes on August 21st, 2023.

Mr. Nilesh Shah, Managing Director of KMAMC said, "At Kotak Mutual Fund, our relentless pursuit is to offer our investors a wide array of investment solutions. The introduction of the Kotak S&P BSE Housing Index Fund exemplifies our dedication to providing products that cater to diverse risk appetites and investment horizons. This fund presents a unique opportunity for investors looking to capitalize on the potential growth in the housing sector and businesses that can benefit from the real estate boom. By launching this thematic index fund, we bolster our range of passive fund offerings, enhancing our overall portfolio of investment options."

Mr. Devender Singhal, EVP & Fund Manager, Kotak Mahindra Asset Management Company Ltd. said, "The launch of the Kotak S&P BSE Housing Index Fund is in harmony with our steadfast dedication to providing a range of products tailored to suit various risk appetites and investment timeframes. This fund aims to present a compelling prospect for investors seeking to capitalize on the housing sector and enterprises that stand to potentially benefit from the expansion in the real estate domain. By introducing this thematic index fund, we intend to fortify our comprehensive array of passive fund offerings, thus bestowing upon investors a multitude of empowering opportunities."


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Edelweiss Asset Management Launches Technology Fund

DSP Mutual Fund appoints Chirag Joshi as Head of Distributor Success & B2B growth

Union Mutual Fund launches New Fund Offer of Union Business Cycle Fund

Tata Asset Management launches four New Fund Offering focusing on Gold and Silver

Axis Mutual Fund garners over INR 3,400 Crores in the Axis India Manufacturing Fund

Axis Mutual Fund launches 'Axis US Treasury Dynamic Bond ETF Fund of Fund'

DSP Mutual Fund launches first-of-its-kind DSP Nifty Smallcap250 Quality 50 Index Fund

Axis Mutual Fund Launches 'Axis India Manufacturing Fund'

Union AMC Launches Union Children's Fund, Open for subscription on November 28, 2023 and closes on December 12, 2023

LIC Mutual Fund launches a campaign to promote women participation in Systematic Investment Plan

DSP Mutual Fund launches DSP Banking & Financial Services Fund

Edelweiss Mutual Fund launches Multi Cap Fund

Axis Mutual Fund unveils results of Investor Survey on 'Risk Comprehension' in India

UTI Mutual Fund launches 'UTI Innovation Fund'

UTI Mutual Fund launches 'UTI Balanced Advantage Fund'

DSP Mutual Fund launches DSP S&P BSE Sensex ETF, DSP Nifty Private Bank ETF & DSP Nifty PSU Bank ETF

Axis Mutual Fund launches 'Axis Nifty IT Index Fund'

UTI Mutual Fund launches 'UTI Silver ETF' and 'UTI Silver ETF FoF'

Kotak's Manufacturing Fund completes 1 year, theme seeing strong resurgence

Axis Mutual Fund launches Axis S&P 500 ETF Fund of Fund

Kotak Mahindra Asset Management Company Limited launches Silver ETF Fund of Fund

ICICI Prudential AMC launches ICICI Prudential Nifty PSU Bank ETF NFO

UTI Mutual Fund launches 'UTI Long Duration Fund'

Axis Mutual Fund launches 'Axis Nifty G-Sec September 2032 Index Fund'

Axis Mutual Fund launches 'Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund'

HSBC Mutual Fund launches new fund offering HSBC Multi Cap Fund

Axis Mutual Fund launches 'Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund'

Chirag Joshi Joins Samco AMC as CGO

Axis Mutual Fund launches 'Axis Long Duration Fund'

ESGrisk.ai Launches ESG Mutual Funds Research

Axis Mutual Fund launches Axis Nifty SDL September 2026 Debt Index Fund

Samco Mutual Fund introduces a differentiated ELSS Tax Saver Fund

Edelweiss MF Launches Edelweiss CRISIL IBX 50:50 Gilt Plus SDL September 2028

Mirae Asset Mutual Fund launches two new Target Maturity Index Funds

UTI Mutual Fund launches 'UTI Gold ETF Fund of Fund'

IDFC Mutual Fund launches IDFC Transportation and Logistics Fund

Axis Mutual Fund launches 'Axis NASDAQ 100 Fund of Fund'

Axis Mutual Fund launches Axis Silver ETF and Axis Silver Fund of Fund

Edelweiss Asset Management Launches 'Gold and Silver ETF Fund of Fund'

Axis AMC's unique bouquet of WhatsApp services offers 27 key facilities

SIP is the most preferred investment avenue among millennials: CASHe Survey

UTI Mutual Fund launches 'UTI Gilt Fund with 10 year Constant Duration'

Edelweiss Asset Management Launches 'Edelweiss Focused Equity Fund'

UTI Mutual Fund launches 'UTI Nifty Midcap 150 Quality 50 Index Fund'

Axis Mutual Fund launches 'Axis NIFTY Midcap 50 Index Fund'

Navi Mutual Fund launches Navi Nasdaq 100 Fund of Fund

Edelweiss Mutual Fund Launches 'Edelweiss Crisil PSU Plus SDL 50:50 Oct 2025 Index Fund'

Navi Mutual Fund launches Navi Nifty Midcap 150 Index Fund

Axis Mutual Fund launches 'Axis NIFTY Smallcap 50 Index Fund'

UTI Mutual Fund launches 'UTI S&P BSE Low Volatility Index Fund'


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020