Kotak Nifty Midcap 50 ETF

(MIDCAP)

Kotak Nifty Midcap 50 ETF is an ETF that tracks the Nifty Midcap 50 Index, launched by Kotak Mahindra Mutual Fund in February 2022. It is the first ETF in India to track the Nifty Midcap 50 Index, which is comprised of 50 mid-cap stocks selected based on their liquidity, depth, and market capitalization. The index consists of stocks like Shriram Finance, Trent, Indian Hotels etc. The ETF's objective is to closely correspond to the total returns of the securities represented by the Nifty Midcap 50 Index.

The Kotak Nifty Midcap 50 ETF is a cost-effective and efficient way for investors to gain exposure to the mid-cap segment of the Indian stock market. It is suitable for investors with a moderate risk appetite who are looking for long-term capital appreciation. The ETF captures the performance of mid-cap stocks and offers investors a diversified portfolio.

Owner: Kotak Mahindra Mutual Fund
Ticker: MIDCAP
Price: ₹156.49 per unit as on 22 Apr, 2025 04:01 PM
Asset Under Management AUM: ₹53.16Cr as of today
Expense Ratio: 0.05% as of today