Kotak Mahindra Asset Management Company has launched the Kotak Nifty 200 Momentum 30 ETF, an open-ended exchange-traded fund that tracks the performance of the Nifty 200 Momentum 30 Index. The scheme became available for public subscription on 22 September 2025 and will remain open until 6 October 2025. The index selects the top 30 companies from the Nifty 200 based on their Normalised Momentum Score, which incorporates six-month and twelve-month price returns adjusted for daily price return volatility. Stock weights in the index are determined by a combination of the momentum score and free-float market capitalisation, and the index is rebalanced on a semi-annual basis. As of 30 June 2025, Kotak Mahindra Mutual Fund reported managing over 74.44 lakh unique folios and maintained a network

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