| The
Scheme |
Kotak FMP 6M Series 7, 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: P1+, A1+, PR1+
and F1+, P1 (100% P1+ equivalent)
(No exposure in Real Estate) |
| Initial
Offer |
Rs. 10 per Unit |
| NFO
period |
August 22nd 2008 till Sept 04th, 2008 |
| Minimum
Investment |
Rs.5000/-
(Rs. Five Thousand only) and in multiple of
Re. 1 each for both Growth and Dividend Options. |
| Maturity |
180 days after the date of allotment (If
such date falls on a non-Business Day, the
scheme would mature on the next Business
Day) |
| Load |
Exit Load: 1.00% if redeemed before maturity of the scheme (excluding dividend reinvestment/ bonus units). Exit Load will not be charged for switch from one option to other option under the same scheme, and on redemption of Units / switch-out on the Maturity Date.. |
| Minimum
Amount of Redemption |
Rs.
1,000 or 100 Units each for both Growth
and Dividend Options. 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 6M Series 7 |
| 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. |
