Kotak Mahindra has approved certain changes in investment strategy of Kotak Flexi Fund of Funds -both Series I and Series II. The changes will be effective from 1 March 2008. The revised investment strategy under the scheme is given below: The scheme will invest predominantly in open-ended diversified equity schemes and or liquid/ short term/ floating rate schemes/ plans of mutual funds, which are registered with SEBI. The scheme will allocate investments dynamically between equity schemes and liquid/ short term/ floating rate schemes/ plans.
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