Kotak Mahindra Mutual Fund has announced a change in the face value of units and creation unit size for certain of its Exchange Traded Funds (ETFs) with effect from February 27, 2026
| Name of the Scheme |
Existing Provisions |
Revised Provisions |
Kotak Nifty Bank ETF
Kotak Nifty India Consumption ETF
Kotak Nifty Midcap 50 ETF
Kotak Silver ETF
Kotak Nifty 50 Value 20 ETF
|
The face value of each unit offered under the Scheme shall be Rs. 10
|
The face value of each unit offered under the Scheme shall be Rs. 1 |