Kotak Mahindra Mutual Fund launches Kotak Yearly Interval Plan Series 1
by
NEWS TEAM | on Nov 12, 2018
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).