NFO closes on 6-October-2025
FinTech BizNews Service
Mumbai, September 24, 2025: Kotak Mahindra Asset Management Company Ltd.
(“KMAMC”/ “Kotak Mutual Fund”) is pleased to announce the launch of the Kotak Nifty 200
Momentum 30 ETF, an open-ended scheme that replicates/tracks the Nifty 200 Momentum
30 Index. The scheme opened for public subscription on September 22, 2025, and will close
on October 6, 2025.
The Nifty 200 Momentum 30 index tracks the performance of the top 30 companies within
the Nifty 200 Index selected based on their Normalised Momentum Score. The Normalised
Momentum Score for each company is determined based on its 6-month and 12-month price
return, adjusted for its daily price return volatility. This score is calculated using a combination
of 6-month and 12-month price returns, adjusted for volatility and stock weights are
determined by a blend of the momentum score and free-float market capitalization. The index
is rebalanced semi-annually.
Nilesh Shah, Managing Director, Kotak Mahindra AMC, said, “Momentum investing, the
driving principle behind Kotak Nifty 200 Momentum 30 ETF, is a strategy that takes advantage
of the persistence of stock price trends. It captures the potential of stocks that show a strong
trend in price movement relative to the overall market trend. This approach to investing can
be potentially beneficial during periods of economic growth. But one should keep in mind
that momentum investing can be volatile. With the launch of this smart beta ETF, we further
strengthen our overall passive fund offerings,”
Devender Singhal, Executive Vice President & Fund Manager, Kotak Mahindra AMC added;
"Momentum investing is about systematically backing stocks that are already showing
strength. The Nifty 200 Momentum 30 Index selects companies with strong, consistent price
trends, using a transparent, rules-based approach. The Kotak Nifty 200 Momentum 30 ETF
helps picks stocks that are already showing strength and lets investors ride those trends,
without needing to track the market every day.”
