Mumbai, June 24 -- Kotak Mahindra Mutual Fund has announced a change in the face value of units and creation unit size of Kotak Nifty PSU Bank ETF with effect from July 10, 2026.

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Kotak Nifty PSU Bank ETF

Particulars

Existing Provisions

Revised Provisions

Face value

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

Creation Unit Size

Each creation unit consists of 5,000 units of Kotak Nifty PSU Bank ETF. Each unit of Kotak Nifty PSU Bank ETF is 1/10th of the value of Nifty PSU Bank Index.

Each creation unit consists of 20,000 units of Kotak Nifty PSU Bank ETF. Each unit of...