Kotak Mahindra Mutual Fund launches Kotak FMP Series 300
02 Dec,   2022 By: Eastern Fin Research Team #Mutual Fund

NFO period: 01st December - 07th December, 2022

Highlights of the NFO:

  • Scheme type - Close ended debt scheme with maturity of 1223 days. A relatively high interest rate risk and relatively low 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 long 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 Medium Duration Debt Index

  • Maturity - 1223 days from the date of allotment

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

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