Kotak Nifty 500 Index Fund NFO open until 19 Oct 2026. Offer price ₹10, minimum investment ₹1,000. Allocation, benchmark, peer comparison.
Details as of: 9 October 2026
- Open until 19 Oct 2026 (opened 5 Oct 2026)
- Offer price: ₹10 per unit
- Minimum investment: ₹1,000
- Exit load: NIL
- Benchmark: NIFTY 500 – TRI
- At least 95% must be in Equity & Equity related Securities covered by Nifty 500 Index
The Kotak Nifty 500 Index Fund NFO is open until 19 October 2026. This Index Funds – Other category scheme opened for subscription on 5 October 2026. Investors can participate in the offer at a price of ₹10 per unit. The minimum investment required to enter the scheme is ₹1,000.
Kotak Nifty 500 Index Fund NFO: key details
| Fund house | Kotak Mahindra Mutual Fund |
| Category | Index Funds – Other |
| Opens | 5 October 2026 |
| Closes | 19 October 2026 |
| Offer price | ₹10 per unit |
| Minimum investment | ₹1,000, then ₹1,000 in multiples of ₹1 |
| SIP | Daily from ₹500; Half-Yearly from ₹500; Monthly from ₹500 (2 instalments); Quarterly from ₹500 (2 instalments); Weekly from ₹500; Yearly from ₹500 (2 instalments) |
| Exit load | NIL |
| Benchmark | NIFTY 500 – TRI |
| Fund managers | Satish Dondapati, Jeetu Valechha Sonar, Abhishek Bisen |
| Plans | Regular and Direct plans, with Growth and IDCW options |
What the scheme says it will invest in
The scheme states its objective as follows.
Kotak Nifty 500 Index Fund Passive Investment in equity and equity related securities replicating the composition of Nifty 500 Index, subject to tracking error. “There is no assurance that the investment objective of the scheme will be achieved”.
| Where the money goes | Minimum | Maximum |
|---|---|---|
| Equity & Equity related Securities covered by Nifty 500 Index | 95% | 100% |
| Debt & Money Market Instruments | 0% | 5% |
The scheme intends to invest 95% to 100% of its assets in equity and equity related securities covered by the Nifty 500 Index. It will allocate 0% to 5% to debt and money market instruments. At least 95% of the fund must be in equity and equity related securities.
How it compares with existing funds
| Measure | Value |
|---|---|
| Funds in the category | 222 |
| Average 1-year return (184 funds) | −3.21% |
| Average 3-year return, a year (65 funds) | 10.63% |
| Highest 1-year return: ICICI Pru NASDAQ 100 Index Fund | 33.04% |
| Average expense ratio of Direct plans (214 funds) | 0.54% (range 0.16%–2.41%) |
| Fund | NFO period | Assets (₹ crore) | NAV now (Direct Growth) | Change on offer price |
|---|---|---|---|---|
| Kotak Nifty Capital Markets Index Fund | 15 September 2026 – 29 September 2026 | – | ₹10.07 (8 October 2026) | 0.70% |
| Invesco India Nifty Chemical Index Fund | 15 September 2026 – 29 September 2026 | – | ₹9.78 (8 October 2026) | −2.16% |
| HDFC BSE REITS and Commercial Real Estate Index Fund | 15 September 2026 – 17 September 2026 | – | ₹9.52 (8 October 2026) | −4.77% |
| Invesco India Nifty India Defence Index Fund | 15 September 2026 – 29 September 2026 | – | ₹9.64 (8 October 2026) | −3.64% |
| Axis Nifty500 Low Volatility 50 Index Fund | 9 September 2026 – 22 September 2026 | – | ₹9.57 (8 October 2026) | −4.25% |
| Mirae Asset BSE Information Technology Index Fund | 8 September 2026 – 22 September 2026 | – | ₹9.81 (8 October 2026) | −1.89% |
| Navi Nifty REITs & Realty Index Fund | 1 September 2026 – 11 September 2026 | – | ₹9.70 (8 October 2026) | −2.96% |
| UTI BSE India Sector Leaders Index Fund | 31 August 2026 – 11 September 2026 | – | ₹9.57 (8 October 2026) | −4.35% |
Existing funds in this category have an average 1-year return of −3.21% and an average expense ratio of 0.54%. Recent NFOs in the category have NAVs between ₹9.52 and ₹10.07. The Kotak Nifty Capital Markets Index Fund NAV is higher than its offer price by 0.70%.
Fund managers
| Name | Role | Experience |
|---|---|---|
| Satish Dondapati | Fund Manager | 10 Years |
| Jeetu Valechha Sonar | Fund Manager | – |
| Abhishek Bisen | Fund Manager | 6 Years |
Kotak Nifty 500 Index Fund NFO: FAQs
When does the Kotak Nifty 500 Index Fund NFO open and close?
The NFO opens on 5 Oct 2026 and closes on 19 Oct 2026.
What is the minimum investment in the Kotak Nifty 500 Index Fund NFO?
The minimum investment is ₹1,000. Further amounts are ₹1,000 in multiples of ₹1. SIPs: Daily from ₹500; Half-Yearly from ₹500; Monthly from ₹500 (2 instalments); Quarterly from ₹500 (2 instalments); Weekly from ₹500; Yearly from ₹500 (2 instalments).
What is the exit load of the Kotak Nifty 500 Index Fund?
The scheme states its exit load as: NIL
Who manages the Kotak Nifty 500 Index Fund?
The fund is managed by Satish Dondapati, Jeetu Valechha Sonar, Abhishek Bisen.
Which plans does the Kotak Nifty 500 Index Fund have?
Regular and Direct plans, with Growth and IDCW options.
What does the NFO offer price mean?
The offer price is the price per unit at which units are allotted during the NFO, here ₹10. It is not a measure of value, and the fund has no track record to judge until it has run for some time.
What is the benchmark of the Kotak Nifty 500 Index Fund?
The scheme’s benchmark is the NIFTY 500 – TRI.
Scheme terms from the offer documents; fund data: Accord Fintech. Calculations: ThePip. For information only; not investment advice.
