Kotak Mahindra Mutual Fund launches Kotak Long Duration Fund
NFO period: 28th February – 06th March, 2024
Highlights of the NFO:
- Scheme type – An open ended debt scheme investing in instruments such that the Macaulay Duration of the portfolio is greater than 7 years. A Relatively High Interest Rate Risk and Relatively Low Credit Risk
- Investment objective – To generate income / capital appreciation through investments in debt and money market instruments. 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 long term wealth creation to generate income / capital appreciation through by investing in debt and money market instruments.
- Minimum Application Amount – First investment Rs. 100/- and any amount thereafter
- Plan/ Options available – Regular Plan & Direct Plan having Growth Option, Payout of Income Distribution Cum Capital Withdrawal Option (IDCW-Payout) and Reinvestment of Income Distribution cum capital withdrawal Option (IDCW-Reinvestment).
- Fund Managers – Mr. Abhishek Bisen and Ms. Palha Khanna
- Benchmark – NIFTY Long Duration Debt Index-A-III
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
