Kotak Mahindra Mutual Fund launches Kotak All Weather Debt FOF
by
NEWS TEAM | on Oct 28, 2022
NFO period: 28th October – 10th November, 2022
Highlights of the NFO:
Scheme type – An open ended fund of fund scheme predominantly investing in debt oriented mutual fund schemes of Kotak Mahindra Mutual Fund
Investment objective – To generate long-term capital appreciation from a portfolio created by investing in debt oriented mutual fund schemes of Kotak Mahindra Mutual Fund. However, there is no assurance that the investment objective of the scheme will be realized.
Product suitability – The product is suitable for investors who are seeking long-term capital appreciation. An open ended fund of fund scheme predominantly by investing in debt oriented mutual fund schemes of Kotak Mahindra Mutual Fund.
Minimum Application Amount – First investment Rs. 5,000/- and in multiple of Rs. 1/- thereafter
Plan/ Options available – Regular Plan & Direct Plan having Growth Option, Payout of Income Distribution Cum Capital Withdrawal Option (IDCW-Payout) and Reinvestment of Income Distribution cum capital withdrawal Option (IDCW-Reinvestment).
Fund Managers – Mr. Abhishek Bisen
Benchmark – NIFTY Composite Debt Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)