| Launch date | 19 Sep 2024 |
| Allotment date | 08 Oct 2024 |
| End date | 03 Oct 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.28%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Abhishek BisenSep 2024 - PresentView details
Devender SinghalSep 2024 - PresentView details
Satish DondapatiSep 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #5 in India |
|---|---|
| Total AUM | ₹5,78,901.39Cr |
| Date of Incorporation | 05 Aug 1994 |
|---|
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 05 Aug 1994. Devender Singhal is the Current Fund Manager of Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,78,901 Cr and the Latest NAV as of 17 Dec 2025 is ₹9.25. The Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. ;
Investment Objective
The scheme seeks to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors. ;
| Fund benchmark | NIFTY Midcap 150 Momentum 50 Total Return Index |
|---|
Peer Comparison
| Equity, Mid Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
WhiteOak Capital Mid Cap Fund Direct Growth | 5 | 3.5% | 26.6% | 4,075.13 |
Edelweiss Mid Cap Direct Plan Growth | 5 | 0.3% | 26.1% | 12,646.93 |
HDFC Mid Cap Fund Direct Growth | 5 | 4.6% | 25.5% | 92,168.85 |
Motilal Oswal Midcap Fund Direct Growth | 5 | -12.5% | 25.3% | 38,002.68 |
Nippon India Growth Mid Cap Fund Direct Growth | 4 | -0.2% | 24.4% | 42,041.60 |