| The
Scheme |
Kotak FMP 12M Series 6, a close-ended Debt
Scheme |
| Scheme
Objective |
The
investment objective of the Scheme is to
generate returns through investments in
debt and money market instruments with a
view to significantly reduce the interest
rate risk. |
| Investment
in |
Debt
/ Money Market Instruments and Government
Securities, normally maturing in line with
the maturity profile of the Scheme. |
| Likely
Composition of Portfolio |
Rating Profile: AAA and equivalent;
and upto 20% for below AAA.. |
| Initial
Offer |
Rs. 10 per Unit. |
| NFO
period |
May 22nd
2008 till May 26th 2008 |
| Minimum
Investment |
Retail
Plan : Rs. 5,000 /- (Rs. Five Thousand
Only).
Institutional Plan : Rs.
50,00,000/- (Rs. Fifty Lakhs Only). |
| Maturity |
12
months after the date of allotment (If such
date falls on a non-Business Day, the scheme
would mature on the next Business Day) |
| Load |
Entry
Load : Nil
Exit Load : 1.5% if redeemed before
maturity of the scheme.
Recovery of Unamortised issue expenses:
Balance proportionate unamortised issue
expenses to be recovered from exiting Unitholders.
However, where an investor wants to switch
his investments into any other scheme/plan
of Kotak Mutual Fund on the maturity date,
or from one option to other option under
the same scheme, no exit load will be charged.
The Exit Load will not be charged on redemption
of Units by the Fund on the Maturity Date. |
| Minimum
Amount of Redemption |
Rs.1000 or 100 Units. If the holding is
less than Rs. 1000 or 100 Units, the entire
balance will be redeemed as and when redemption
request is received from the investor. |
| Payable
to |
Kotak FMP 12M Series 5 |
| Redemption |
On
each Business Day at price related to applicable
NAV |
| Fund
Manager |
Mr.Deepak
Agarwal |
| Options |
Growth
and Dividend (Payout and Reinvestment) Options. |
| Tax
Benefit |
Dividends
if declared by the scheme will be tax free
in the hands of the investors. |
