Kotak Mahindra Asset Management Company (Kotak Mutual Fund) has launched Kotak MSCI India ETF, India’s first-ever fund replicating the MSCI India Index.
With the fund open for public subscription from January 29 to February 12, 2025, this launch brings an exciting opportunity for both domestic and international investors.
Set to track 156 top companies from the large and midcap segments, this open-ended scheme provides an efficient and transparent way for investors to gain exposure to India’s thriving economy.
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The MSCI India Index, which covers 85% of the Indian equity universe, offers broad diversification across key sectors like Consumer Discretionary, Finance, Healthcare, and Real Estate, making it an appealing option for investors seeking a balanced, cost-effective entry into India’s market. This launch expands Kotak Mutual Fund’s product offerings in the passive investing category, catering to the growing demand for low-cost, index-tracking investment vehicles.
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Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company, said: “Kotak Mutual Fund is making history as the first company in India to partner with MSCI, to launch the Kotak MSCI India ETF. This isn’t just another fund – it’s your gateway to capturing India’s economic growth through a carefully curated selection of Large and Midcap companies shaping the nation’s future. The launch of this ETF reflects our dedication to provide products that suit varying risk appetites and investment horizons. The Kotak MSCI India ETF could be an ideal choice for investors both global and domestic, who believe in India’s enduring potential and are ready to be part of its remarkable journey. This Fund is suitable for investors with a long-term view.”
For international investors, Kotak International, the global arm of the Kotak Group, has launched a parallel fund, the Kotak MSCI India ETF Fund, which allows overseas investors to tap into India’s growth story through this ETF.
Kotak MSCI India ETF: Game-changer for passive investors
With its focus on large and midcap companies, this ETF presents a compelling investment opportunity for those looking to benefit from India’s long-term growth. It is expected to be a game-changer for passive investors and those wanting to take part in the ongoing economic transformation of India.
