Name of Fund: Kotak Fixed Maturity Plan 6 Months- Series 7 and Series 8
Scheme: These schemes are close-ended debt scheme with 180 days maturity.
Objective: The investment objective of the schemes is to generate returns through investments in debt and money market instruments with a view to significantly reduce the interest rate risk.
Investment options: The schemes offer investment under two options namely dividend and growth option. Under dividend option, the unit holder will have dividend payout and reinvestment facility.
Asset Allocation: These schemes will invest up to 100% of its portfolio in debt and money market instruments. The plans may invest up to 50% in securitised debt. Investment in government securities shall not exceed 50% of the scheme.
Face Value: Rs 10.
Entry Load: These schemes will not charge any entry load as it is of close-ended nature.
Exit Load: The schemes will charge an exit load of 1.00% if redemption is done before maturity of the scheme.
Minimum Investment Amount: The minimum investment amount is Rs. 5000 and in multiples of Re.1 thereafter.
Minimum targeted amount: The fund seeks to collect a minimum subscription amount of Rs. 50 lakh in the New Fund Offer of each scheme.
Benchmark Index: CRISIL Liquid Fund Index
Fund manager: Mr. Deepak Agrawal
Scheme: These schemes are close-ended debt scheme with 180 days maturity.
Objective: The investment objective of the schemes is to generate returns through investments in debt and money market instruments with a view to significantly reduce the interest rate risk.
Investment options: The schemes offer investment under two options namely dividend and growth option. Under dividend option, the unit holder will have dividend payout and reinvestment facility.
Asset Allocation: These schemes will invest up to 100% of its portfolio in debt and money market instruments. The plans may invest up to 50% in securitised debt. Investment in government securities shall not exceed 50% of the scheme.
Face Value: Rs 10.
Entry Load: These schemes will not charge any entry load as it is of close-ended nature.
Exit Load: The schemes will charge an exit load of 1.00% if redemption is done before maturity of the scheme.
Minimum Investment Amount: The minimum investment amount is Rs. 5000 and in multiples of Re.1 thereafter.
Minimum targeted amount: The fund seeks to collect a minimum subscription amount of Rs. 50 lakh in the New Fund Offer of each scheme.
Benchmark Index: CRISIL Liquid Fund Index
Fund manager: Mr. Deepak Agrawal
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