| The
Scheme |
Kotak FMP 15M Series 4, 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 ( No exposure in NBFC & Real Estate). |
| Initial
Offer |
Rs. 10 per Unit |
| NFO
period |
March 26th 2008 till March 28th 2008 |
| Minimum
Investment |
Retail
Plan: Rs 5000/- (Rs. Five Thousand
only);
Institutional Plan: Rs 50,00,000/-
(Rs. Fifty Lakhs only)- |
| Maturity |
15 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 |
No
Entry Load;
1.5% if redeemed before maturity
of the scheme.
Nil if redeemed after 1 year from the date of allotment. 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 during the tenure of the 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 15M Series 4 |
| Redemption |
On
each Business Day at price related to applicable
NAV |
| Fund
Manager |
Mr.Deepak
Agrawal |
| 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. |
