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      Question

      Which mutual fund recently launched a fund focused on

      midcap stocks with positive price momentum?
      A LIC Mutual Fund Correct Answer Incorrect Answer
      B Kotak Mahindra Mutual Fund Correct Answer Incorrect Answer
      C HDFC Mutual Fund Correct Answer Incorrect Answer
      D SBI Mutual Fund Correct Answer Incorrect Answer
      E ICICI Prudential Mutual Fund Correct Answer Incorrect Answer

      Solution

      Kotak Mahindra Mutual Fund launched the Kotak NIFTY Midcap 150 Momentum 50 Index Fund, an open-ended scheme tracking midcap stocks with positive price trends. The fund focuses on long-term capital growth by investing in midcap companies with high momentum scores.

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