Kotak Mahindra Mutual Fund launches Kotak Yearly Interval Plan Series 1

by News Team | Mutual Fund

NFO period: 12th November – 19th November, 2018

Highlights of the NFO:

  • Scheme type – A Debt Oriented Interval Scheme

  • Investment objective – The investment objective of the scheme is to generate returns through investments in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

  • Product suitability – The product is suitable for investors who are seeking income over a short term investment horizon by investing in debt & money market securities including Government Securities.

  • Minimum Application Amount – First investment Rs. 5,000/- and in multiple of Rs. 1/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option (Payout and Reinvestment).

  • Fund Managers – Mr. Deepak Agrawal

  • Benchmark – CRISIL Low Duration Index

  • Maturity – 3 years from the date of allotment

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)