Kotak Nifty ETF Dividend is a Others Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 02 Feb 2010. Deepak Gupta is the Current Fund Manager of Kotak Nifty ETF Dividend.The fund currently has an Asset Under Management(AUM) of ₹768 Cr and the Latest NAV as of 11 Oct 2019 is ₹117.01.
The Kotak Nifty ETF Dividend is rated Moderately High risk. Minimum SIP Investment is 1. Nil.
Investment Objective
The investment objective of the scheme is to provide return before expenses that cloely correspond to the total returns of the S&P Nifty subject to tracking errors.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
Not Supported
Min for First Investment
Not Supported
Min for Second Investment