Kotak Mahindra Mutual Fund launches Kotak FMP Series 306

Jan 20, 2023 by Advisorkhoj Team | NFO | 8 Downloaded

NFO period: 20th January – 23rd January, 2023

Highlights of the NFO:

  • Scheme type – Close ended debt scheme with maturity of 90 days. A relatively low interest rate risk and moderate credit risk

  • Investment objective – The scheme endeavors to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments maturing on or before the maturity of the scheme. There is no assurance 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.

  • Minimum Application Amount – First investment Rs. 5,000/- and in multiple of Rs. 10/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Payout of Income Distribution cum capital withdrawal (IDCW).

  • Fund Managers – Mr. Deepak Agrawal

  • Benchmark – NIFTY Liquid Index

  • Maturity – 90 days from the date of allotment

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

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