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Kotak Mutual Fund has launched the Kotak Nifty Commodities Index Fund, an open-ended fund, which will replicate Nifty Commodities Index.
The underlying index invests in 30 companies engaged in commodity-driven businesses.
Nilesh Shah, Managing Director, Kotak Mahindra AMC said that the Kotak Nifty Commodities Index Fund underscores the company’s dedication to providing both active and passive products that suit varying risk appetites and investment horizons. He said, “Commodities play an important role in economic cycles and industrial expansion. With India’s strong infrastructure push and rising demand for key resources, the Kotak Nifty Commodities Index Fund provides a structured approach for investors to gain exposure to this growth segment. The fund is designed for those looking to diversify their portfolio with commodity-driven equities at a relatively lower cost.”
Devender Singhal, Executive Vice President and Fund Manager at Kotak MF, said, “Commodity-linked businesses are integral to economic expansion. This index fund provides broad exposure to multiple commodity sectors, leveraging long-term trends in industrial growth, infrastructure spending, and global supply-demand shifts. While large-cap stocks anchor the index with established industry leaders, mid-cap players add growth potential.”
