Kotak Mahindra Mutual Fund launches Kotak Balanced Advantage Fund
by
NEWS TEAM | on Jul 16, 2018
Highlights of the NFO:
NFO period: 13th July – 27th July, 2018
Highlights of the NFO:
Scheme type – An open ended dynamic asset allocation fund
Investment objective – The investment objective of the scheme is to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities. 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 wealth creation over a long period of time by investing in equity, equity related securities & debt, money market instruments while managing risk through active allocation.
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 (Payout and Reinvestment) Option.
Fund Managers –
Mr. Deepak Gupta & Mr. Harish Krishnan are the fund managers of equity and equity related instruments
Mr. Abhishek Bisen is the fund managers of investments in debt and money market instruments
Mr. Arjun Khanna for foreign securities
Benchmark – Nifty 50 Hybrid composite debt 50:50 Index