NFO Watch: Kotak Mutual Fund launches Nifty Midcap 50 Index Fund

Kotak Mutual Fund launched the Kotak Nifty Midcap 50 Index Fund, an open-ended scheme tracking the Nifty Midcap 50 Index. The NFO opened and closes on August 8. Managed by Devender Singhal, Satish Dondapati, and Abhishek Bisen, this fund offers exposure to midcap companies, aligning with Kotak's varied investment strategies.