Kotak Mutual Fund Launches Dividend Yield Scheme for Long-Term Growth

• Kotak Mutual Fund introduces the Kotak Dividend Yield Fund, an open-ended equity scheme focusing on dividend-paying stocks.
• The fund aims for long-term capital growth and/or dividend income by investing in companies with a track record of consistent dividend payouts.
• Investment strategy includes companies that paid dividends in at least one of the last three years, considering cash flows, earnings growth, and management quality.
• Nilesh Shah highlights that dividend-paying companies offer quality and resilience, reflecting disciplined business practices and shareholder value.
• The New Fund Offer (NFO) is open until January 19, with a minimum investment of ₹100; investors are cautioned about market risks.

Why It Matters: Kotak's new fund targets stable, dividend-paying companies for growth and income, open until Jan 19.