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Kotak Mutual Fund Debuts Nifty Chemical ETF Amid Manufacturing Revival
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Kotak Mutual Fund introduced an ETF tracking India’s chemical sector, offering cost-efficient access to industrial growth driven by exports and policy incentives.
A new exchange-traded fund from Kotak Mutual Fund seeks to give investors focused access to India’s rebounding chemical industry. The Kotak Nifty Chemical ETF mirrors the Nifty Chemical Index, which includes leading specialty and industrial chemical producers. Fund managers said improving export orders and domestic policy incentives could fuel steady growth. The low-cost ETF aims to attract investors seeking long-term manufacturing exposure. Analysts noted that renewed capital flows and corporate capacity expansion have revived confidence in the chemical segment’s earnings outlook.