Share Market News: Kotak Launches Nifty India Tourism Fund, Know Details

Share Market News: The Kotak Nifty India Tourism Index Fund has been launched in the market, which will remain open for investment from 2 September to 16 September 2024. This is an open-ended scheme that tracks the Nifty India Tourism Index. The theme of this fund is based on travel and tourism. The Kotak Nifty India Tourism Index Fund will have stocks selected from the Nifty 500 Index. 

Kotak Nifty India Tourism

The scheme will help people to grow with the changing trend of travel, as the focus will be on companies related to the travel sector. In the index, companies of different sectors running the Indian tourism industry, such as airlines, travel, infrastructure, hotels, restaurants, and travel-related services are included in a portfolio. In this way, people will be able to grow in changing trends such as staycation and workation.