Fund News

Kotak Nifty SDL Jul 2026 Index Fund to Merge with Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund

Kotak Mahindra Mutual Fund has announced the merger of its two index funds

Kotak Mahindra Mutual Fund has announced the merger of Kotak Nifty SDL Jul 2026 Index Fund into Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund, effective July 31, 2026. As a result of this merger, Tata Kotak Nifty SDL Jul 2026 Index Fund will cease to exist, and its unitholders will become unitholders of Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund.

Exit Window: Unitholders of Kotak Nifty SDL Jul 2026 Index Fund who do not consent to the proposed merger have been provided an exit window of 30 days and may exit or switch their investments without incurring any exit load on or before July 31, 2026.

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