Kotak Mahindra Mutual Fund launches Kotak Transportation and Logistics Fund
by
NEWS TEAM | on Nov 25, 2024
NFO period: 25th November - 09th December, 2024
Highlights of the NFO:
Scheme type - An open-ended equity scheme following Transportation & Logistics theme
Investment objective - The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in transportation & logistics and related activities. However, there is no assurance that the objective of the scheme will be achieved.
Product suitability - This product is suitable for investors who are seeking long term capital growth by investing in portfolio of predominantly equity & equity related securities of companies engaged in Transportation & Logistics and related activities.
Minimum Application Amount - First investment Rs. 100/- and in multiple of Rs. 1/- thereafter
Plan/ Options available - Regular Plan and Direct Plan having Growth and Income Distribution cum capital withdrawal (IDCW) (Payout and Reinvestment).
Fund Managers - Mr. Nalin Rasik Bhatt and Mr. Abhishek Bisen
Benchmark - Nifty Transportation & Logistics Index (Total Return Index (TRI)