Why Nifty Next 50 Index Fund?

  • Well diversified large cap index with the potential to give superior returns with relatively lesser risk.
  • Though it has underperformed Nifty 50 in the last 2-3 years, it has displayed long term outperformance.

Easy to understand

Convenient to invest

Transparency

Low risk

No biases as it is tracking an index

Performance potential

Low cost as compared to actively managed funds

A strategy to balance investor’s active portfolio


Nifty Next 50 portfolio is more diversified as compared to Nifty 50

Sector Distribution – Financial Services


Nifty Next 50 sector distribution is more diversified than Nifty 50. Within financial services sector as well, Nifty Next 50 portfolio is more diversified than that of Nifty 50.

Nifty Next 50 Index has shown return potential similar or better to
Nifty Midcap 150 index with lesser risk

Fund Features

Name of the Scheme

Kotak Nifty Next 50 Index Fund

Type of scheme

An open ended scheme replicating/tracking the NIFTY Next 50 Index

Investment Objective

The investment objective of the scheme is to replicate the composition of the Nifty Next 50 and to generate returns that are commensurate with the performance of the NIFTY Next 50 Index, subject to tracking errors.
However, there is no assurance that the objective of the scheme will be realized.

Benchmark

Nifty Next 50 Index TRI (Total Return Index)

Fund Manager(s)

Mr. Devender Singhal and Mr. Satish Dondapati

Minimum amount for purchase / redemption / switches (Direct Plan & Regular Plan)

Minimum Investment Size:

Initial Purchase (Non- SIP)

Rs. 5000/- and in multiples of Rs. 1 for purchases, and Re 0.01 for switches

Additional Purchase (Non- SIP)

Rs. 1000/- and in multiples of Rs. 1 for purchases, and Re 0.01 for switches.

Minimum Redemption Size:

In Rupees

Rs. 1000/-

In Units

100 units

Load Structure (During NFO and continuous offer)

Entry Load: NIL

In terms of SEBI Circular No. SEBI/IMD/CIR No. 4/168230/09 dated June 30, 2009, no entry load will be charged on purchase / additional purchase / switch-in. The commission as specified in the aforesaid circular, if any, on investment made by the investor shall be paid by the investor directly to the Distributor, based on his assessment of various factors including the service rendered by the Distributor. 

Exit load: NIL

Available Plans/Options

A)Regular Plan B) Direct Plan
Options: Dividend Payout, Dividend Reinvestment & Growth (applicable for all plans)

SIP

Rs. 1000/- (Subject to a minimum of 6 SIP installments of Rs. 1000/- each)

Risk Factors

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

INVEST NOW

SID - Scheme Information Document

KIM - Key Information Memorandum

Fund Presentation