Kotak Mahindra Mutual Fund launches Kotak Banking & Financial Services Fund

NFO
Feb 6, 2023 by Advisorkhoj Team | NFO | 10 Downloaded

NFO period: 06th February – 20th February, 2023

Highlights of the NFO:

  • Scheme type – An open ended equity scheme investing in the Banking and Financial Services sectors

  • 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 banking and financial services sector. However, there can be no assurance that the investment objective of the scheme would be achieved.

  • Product suitability – The 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 Banking & Financial Services.

  • 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 and Income Distribution cum capital withdrawal (IDCW) (Payout and Reinvestment).

  • Fund Managers – Ms. Shibani Sircar Kurian, Mr. Abhishek Bisen and Mr. Arjun Khanna

  • Benchmark – Nifty Financial Services Total Return Index

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

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