Details as of: 1 November 2026
- Open until 9 Nov 2026 (opened 26 Oct 2026)
- Offer price: ₹10 per unit
- Minimum investment: ₹1,000
- Benchmark: NIFTY REALTY – TRI
- At least 95% must be in Equity & Equity related Securities covered by Nifty Realty Index
The Kotak Nifty Realty Index Fund NFO is open until 9 November 2026, having opened on 26 October 2026. This Index Funds – Other category scheme requires a minimum investment of ₹1,000. Investors can subscribe at an offer price of ₹10 per unit.
Kotak Nifty Realty Index Fund NFO: key details
| Fund house | Kotak Mahindra Mutual Fund |
| Category | Index Funds – Other |
| Opens | 26 October 2026 |
| Closes | 9 November 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) |
| Benchmark | NIFTY REALTY – TRI |
| Fund managers | Jeetu Valechha Sonar, Satish Dondapati, 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.
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.However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
| Where the money goes | Minimum | Maximum |
|---|---|---|
| Equity & Equity related Securities covered by Nifty Realty Index | 95% | 100% |
| Debt/ Money Market instruments | 0% | 5% |
The scheme plans to invest 95% to 100% of its assets in equity and equity-related securities covered by the Nifty Realty Index. It allocates 0% to 5% of its portfolio to debt and money market instruments. At least 95% must be in equity and equity-related securities covered by the Nifty Realty Index.
How it compares with existing funds
| Measure | Value |
|---|---|
| Funds in the category | 227 |
| Average 1-year return (184 funds) | −5.07% |
| Average 3-year return, a year (66 funds) | 12.02% |
| Highest 1-year return: ICICI Pru NASDAQ 100 Index Fund | 21.44% |
| 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 |
|---|---|---|---|---|
| Quant Nifty Midcap 150 Index Fund | 12 October 2026 – 26 October 2026 | – | ₹9.96 (30 October 2026) | −0.44% |
| Quant Nifty 100 Index Fund | 12 October 2026 – 26 October 2026 | – | ₹10.12 (30 October 2026) | 1.21% |
| Kotak Nifty 500 Index Fund | 5 October 2026 – 19 October 2026 | – | ₹10.15 (29 October 2026) | 1.50% |
| Aditya Birla Sun Life BSE Total Market Index Fund | 30 September 2026 – 14 October 2026 | – | ₹10.08 (30 October 2026) | 0.80% |
| Motilal Oswal Nifty REITs & Realty Index Fund | 25 September 2026 – 9 October 2026 | – | ₹9.77 (30 October 2026) | −2.34% |
| Invesco India Nifty Chemical Index Fund | 15 September 2026 – 29 September 2026 | – | ₹9.37 (30 October 2026) | −6.29% |
| Invesco India Nifty India Defence Index Fund | 15 September 2026 – 29 September 2026 | – | ₹9.36 (30 October 2026) | −6.37% |
| HDFC BSE REITS and Commercial Real Estate Index Fund | 15 September 2026 – 17 September 2026 | 32 | ₹9.45 (30 October 2026) | −5.54% |
Existing funds in the category show an average 1-year return of −5.07% across 184 funds and an average expense ratio of 0.54% across 214 funds. Among earlier NFOs, the Kotak Nifty 500 Index Fund has a NAV of ₹10.15, while the HDFC BSE REITS and Commercial Real Estate Index Fund holds assets of ₹32 crore.
Fund managers
| Name | Role | Experience |
|---|---|---|
| Jeetu Valechha Sonar | Fund Manager | – |
| Satish Dondapati | Fund Manager | 10 Years |
| Abhishek Bisen | Fund Manager | 6 Years |
Kotak Nifty Realty Index Fund NFO: FAQs
When does the Kotak Nifty Realty Index Fund NFO open and close?
The NFO opens on 26 Oct 2026 and closes on 9 Nov 2026.
What is the minimum investment in the Kotak Nifty Realty 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).
Who manages the Kotak Nifty Realty Index Fund?
The fund is managed by Jeetu Valechha Sonar, Satish Dondapati, Abhishek Bisen.
Which plans does the Kotak Nifty Realty 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 Realty Index Fund?
The scheme’s benchmark is the NIFTY REALTY – TRI.
Scheme terms from the offer documents; fund data: Accord Fintech. Calculations: ThePip. For information only; not investment advice.