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News Kotak Mutual Fund launches Kotak Technology Fund
Feb 12, 2024
Mutual Fund
Kotak Mutual Fund launches Kotak Technology Fund
NFO period: 12th February – 26th February, 2024
Highlights of the NFO:
- Scheme type – An open ended equity scheme investing in Technology & technology related 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 Technology & technology related sectors However, there is no assurance that the objective of the scheme will 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 Technology & Technology related sectors.
- Minimum Application Amount – First investment Rs. 100/- and any amount thereafter
- Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Payout of Income Distribution cum capital withdrawal (IDCW) (Payout and Reinvestment).
- Fund Managers – Ms. Shibani Sircar Kurian(equity investment), Mr. Abhishek Bisen(debt investment) and Mr. Arjun Khanna(foreign securities)
- Benchmark – S&P BSE Teck Index (Total Return Index)
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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