Kotak Mutual Fund launches Nifty Alpha Low-Volatility 30 Index Fund

Mumbai-based Kotak Mahindra Asset Management Company (KMAMC) on Friday (May 29) announced the launch of the Kotak Nifty Alpha Low-Volatility 30 Index Fund, an open-ended scheme that will replicate and track the Nifty Alpha Low-Volatility 30 Index.

The new fund offer (NFO) opens for subscription on May 29 and will close on June 12.

According to the fund house, the underlying index comprises 30 companies selected on the basis of a combination of alpha and low-volatility factors. While the alpha factor aims to identify stocks with the potential to outperform the broader market, the low-volatility factor focuses on stocks with relatively stable price movements.

The index follows a rule-based methodology and is periodically rebalanced.
Nilesh Shah, Managing Director of Kotak Mahindra Asset Management Company, said the fund is aimed at investors seeking exposure to equities through a factor-based investment framework.

“The Kotak Nifty Alpha Low-Volatility 30 Index Fund follows a factor-based approach that combines Alpha and Low-Volatility characteristics, providing investors exposure to equities through a structured and transparent framework,” Shah said.

Devender Singhal, Executive Vice President and Fund Manager at KMAMC, said the strategy seeks to identify stocks with the potential to outperform while maintaining relatively stable market behaviour.

Kotak Mutual Fund said the scheme may be suitable for investors with a long-term investment horizon. The fund house also advised investors to consult financial experts before making investment decisions.

Kotak Mahindra Asset Management Company, a wholly owned subsidiary of Kotak Mahindra Bank, manages Kotak Mahindra Mutual Fund. As of March 31, 2026, the fund house had over 1.51 crore investor folios across schemes.

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