Kotak Mutual Fund bets on private banking sector with new ETF
Kotak Mahindra Asset Management Company (KMAMC) has launched the Kotak Nifty Private Bank ETF, a passively managed exchange-traded fund that aims to track the Nifty Private Bank Index. The new fund offer (NFO) opened for subscription on July 8 and will close on July 15. The ETF follows a passive investment strategy and seeks to…
