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MIDCAP

NSE
167.83000 INR
0.49
0.29%
Last update Aug 22, 3:29 PM IST
Market closed
Day range
165.70000
168.87000
Previous close
167.34000
Open
167.96001
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Kotak Nifty Midcap 50 ETF
167.83
0.49
0.29%

Overview

Description

Kotak Nifty Midcap 50 ETF is an exchange-traded fund that seeks to closely track the performance of the Nifty Midcap 50 Index. This ETF is designed to offer investors exposure to 50 of the largest and most liquid mid-cap companies listed on the National Stock Exchange of India. Its primary function is to provide an efficient and cost-effective way for investors to participate in the growth potential of India's midcap segment, which often serves as a bridge between small, growth-oriented companies and larger, established entities. The Nifty Midcap 50 Index, its benchmark, includes diverse sectors, reflecting the broad economic landscape of mid-sized companies in India. These companies are typically characterized by robust growth prospects and are seen as potential leaders of tomorrow, making the ETF appealing for those looking to diversify their investments beyond large-cap enterprises. Kotak Nifty Midcap 50 ETF plays a vital role in the financial market, enhancing market depth and liquidity for midcap equities. It allows institutional and retail investors alike to easily gain exposure to a key segment of the Indian equity market, while enjoying the benefits of ETF trading, such as lower fees and intraday trading flexibility.

About

CEO
Employees
0
Address
91-92, Ninth Floor Sakhar Bhavan
230, Nariman Point
Mumbai, 400 021
Phone
91 22 66384400
Website
Instrument type
Common stock
Sector
Industry
Country
India
MIC code
XNSE
Market closed

Exchange is currently closed (non-working day)
Main market opens in 2 days 6 hours 23 minutes

02:51
00:00
23:59

Trading Hours (Sunday - Thursday):

Main market
09:15 - 15:30
All times are displayed in the Asia/Kolkata timezone (IST, UTC+05:30).