Kotak Mahindra mutual fund has decided to revise the investment objective and the asset allocation for the Kotak Mahindra 30 unit scheme. The changes are given below:
Investment objective: The investment objective of the scheme is to generate capital appreciation from a portfolio of predominantly equity and equity related securities. The portfolio will generally comprise of equity and equity related instruments of around 30 companies, which may go up to 39 companies and that theses company may or may not be the same, which constitute the BSE Sensitive Index, or the NSE Fifty (S & P CNX Nifty) index. Review and rebalancing will be conducted if the investment in companies exceed above 39.
Investment Pattern: The scheme will invest 65%-100% in equity and equity related securities with medium to high-risk profile. It will also invest 0%-35% in debt and money market securities. It will include investment in securitised debt up to 50% of the debt portion of the scheme.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment