Kotak Mahindra Asset Management has launched the Kotak Nifty Alpha 50 Index Fund, an open-ended scheme tracking the Nifty Alpha 50 Index. Open for subscription from July 28 to August 11, 2025, it selects 50 high-alpha stocks from the top 300 companies, weighted by alpha values. Nilesh Shah and Devender Singhal emphasize its rule-based, quantitative approach to drive long-term capital growth.