Kotak Nifty Midcap 150 Momentum 50 Index Fund

Kotak Nifty Midcap 150 Momentum 50 Index Fund is an equity fund. This fund was started on 8 October, 2024. The fund is managed by Abhishek Bisen, Satish Dondapati, Devender Singhal. The fund could potentially beat inflation in the long-run.

1. Kotak Nifty Midcap 150 Momentum 50 Index Fund has ₹312 Cr worth of assets under management (AUM) as on Jan 2026 and is more than category average.
2. The fund has an expense ratio 0.3.
   

Kotak Nifty Midcap 150 Momentum 50 Index Fund has given a CAGR return of -5.07% since inception. Over the last 1 year the fund has given a CAGR return of 6.80%.

Kotak Nifty Midcap 150 Momentum 50 Index Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Tech, Health, Communication, Energy, Consumer Defensive, Utilities. Its top holdings are Hero MotoCorp Ltd, BSE Ltd, Muthoot Finance Ltd, AU Small Finance Bank Ltd, The Federal Bank Ltd

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the scheme is to provide returns that, before expenses, corresponding to the total returns of the securities as represented by the underlying index, subject to tracking errors.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Nifty Midcap 150 Momentum 50 Index Fund has no lock in period.