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News Kotak Mutual Fund launches Kotak MNC Fund
Oct 7, 2024
Mutual Fund
Kotak Mutual Fund launches Kotak MNC Fund
NFO period: 07th October - 21st October, 2024
Highlights of the NFO:
- Scheme type - An open-ended equity scheme following multi-national companies (MNC) 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 multi-national companies (MNC). 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 in equity and equity related securities of multinational companies (MNC).
- Minimum Application Amount - First investment Rs. 100/- and any amount thereafter
- Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal (IDCW) with Payout of Income Distribution cum Capital Withdrawal Option and Reinvestment of Income Distribution cum Capital Withdrawal Option.
- Fund Managers - Mr. Harsha Upadhyaya, Mr. Dhananjay Tikariha and Mr. Abhishek Bisen
- Benchmark - Nifty MNC TRI (Total Return Index)
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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