Kotak Mutual Fund Is A Close-Ended Debt Oriented Scheme

Kotak Mutual Fund is a close-ended debt oriented scheme with a three-year maturity. The asset allocation carries an upper limit of 30% for equity derivatives. The rationale behind the equity investments will be based on a value hedging strategy. It is essentially a market neutral strategy wherein there are two positions, which exactly offset each other in value terms. The fund falls in the low risk bracket as it intends investing only in AAA CRISIL rated securities. Kotak wealth builder is rated by crisil AAA (so) rated.
Investment pattern: Debt 70 to 100% Derivatives: 0 to 30% Liquidity window: 25th of every March, June, September, and December. Entry load: no entry load. Unamortised expenses will be recovered from investors who exit early. Exit load: no exit load. NFO PERIOD: 2nd January 2007 to 31st January 2007