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New Fund Offer: Kotak AMC launches India’s first ever Nifty Alpha 50 ETF – check details
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Kotak Mahindra Asset Management Company Limited today (December 3, 2021) announced the launch of India’s first-ever Nifty Alpha 50 ETF, Kotak Nifty Alpha 50 ETF.
In a statement, Kotak AMC said, it is an open-ended scheme that will track Nifty Alpha 50 index and gives investors an opportunity to invest in a well-diversified portfolio of stocks with high Alphas. It can also be used as a tool to balance investors’ active portfolios.
As per the statement, Kotak’s Nifty Alpha 50 ETF will track the
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