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News Kotak Mahindra Mutual Fund launches Kotak Transportation and Logistics Fund
Nov 25, 2024
Mutual Fund
Kotak Mahindra Mutual Fund launches Kotak Transportation and Logistics Fund
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)
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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