| The
Scheme |
Kotak FMP 370 Days Series 2, 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, only maturing on or before maturity of the scheme. |
| Initial
Offer |
Rs. 10 per Unit. |
| Benchmark Index |
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 |
370 days 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 370 Days 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 Agrawal and Mr. Abhishek Bisen |
| Options |
Growth
and Dividend Payout Options. |
| Listing |
The units of the scheme are listed on NSE & BSE. |
| ISIN |
Growth Option : INF174K01583
Dividend Option : INF174K01591 |
| Dematerialization |
Unit holders given an option to hold the units in demat form in addition to account statement as per current practice.
The Unit holder intending to hold/trade the units the units in Demat form are required to have a beneficiary account with the Depository Participant (DP) (registered with NSDL / CDSL) and will be required to indicate in the application the DP's name, DP ID Number and the beneficiary account number of the applicant with the DP.
In case Unit holders do not provide their Demat Account details, an Account Statement shall be sent to them. Such investors will not be able to trade on the stock exchange.
Investors are requested to fill in their demat account details in the space provided for the same in Key Information Memorandum (KIM) and application forms. |
| Cost of trading on the stock exchange |
Investor will have to bear the cost of brokerage and other applicable statutory levies when the units are bought or sold on the stock exchange.
Units held by way of an Account Statement cannot be transferred. |
| Transfer of Units |
Units held in Demat form are transferable in accordance with the provisions of The Depositories Act, SEBI (Depositories and Participants) Regulations, and Bye laws and business rules of depositories. |
