India, Jan. 8 -- Kotak Mahindra Asset Management Company Ltd (KMAMC) has launched the Kotak Dividend Yield Fund, an open-ended equity scheme that will invest predominantly in dividend-yielding stocks. The new fund offer (NFO) opened for subscription on January 5 and will close on January 19, 2026.

The scheme aims to generate long-term capital appreciation and dividend income by investing in a diversified portfolio of companies with a consistent record of paying dividends. Eligible investments include companies that have distributed dividends in at least one of the last three financial years.

Apart from dividend yield, the fund will also consider factors such as cash flows, earnings growth prospects, business fundamentals and management ...