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Kotak Mahindra Mutual Fund Has Announced a Change in the Face Value of Certain ETFs
(19-Feb-2026, 11:56 Hours IST)  
Kotak Mahindra Mutual Fund has announced a change in the face value of units and creation unit size for certain of its Exchange Traded Funds (ETFs) with effect from February 27, 2026

Name of the Scheme Existing Provisions Revised Provisions
Kotak Nifty Bank ETF
Kotak Nifty India Consumption ETF
Kotak Nifty Midcap 50 ETF
Kotak Silver ETF
Kotak Nifty 50 Value 20 ETF
The face value of each unit offered under the Scheme shall be Rs. 10 The face value of each unit offered under the Scheme shall be Rs. 1

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