| The
Scheme |
Kotak FMP 18M Series 2, a close-ended Debt Scheme |
| Scheme
Objective |
TThe 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, only maturing on or before maturity of the scheme. |
| Initial
Offer |
Rs. 10 per Unit. |
| Benchmark |
CRISIL Composite Bond Fund Index |
| Minimum
Investment |
Rs. 5, 000/- and in multiples of Rs 10 for purchase and switch-ins. This clause is applicable only for purchases and switch in during the NFO. |
| Maturity |
18 months after the date of allotment of units.
Without any further act by the Unitholder(s) all units will be compulsorily redeemed on the Maturity Date of the Scheme, at the Applicable NAV as on that date. If this day is not a Working Day then the immediate following Working Day will be considered as the Maturity Date.
|
| Load |
Exit Load : Nil |
| Payable
to |
Kotak FMP 18M Series 2 |
| Liquidity |
Units of this scheme will be listed on National Stock Exchange. Investors may sell their units in the stock exchange(s) on which these units are listed on all the trading days of the stock exchange. The units cannot be redeemed with KMMF until the maturity of the scheme. |
| Fund
Manager |
Mr.Deepak
Agarwal and Mr. Abhishek Bisen |
| Options |
Growth
and Dividend Payout Options. |
| Listing
|
The units of the scheme will be listed on NSE on allotment. |
