Indian Mutual Funds Schemes | Open Ended Equity Scheme India | Equity Schemes In India

Kotak Lifestyle
(Open Ended Equity Scheme)

Kotak Lifestyle, open-ended equity scheme that seeks to capitalize on the growing and sustainable consumption boom in India. The key drivers for the lifestyle theme are 4 A's viz Awareness, Availability, Aspiration and Affordability. This together facilitates the consumption boom - the basic premise on which the scheme evolves. The scheme endeavors to invest across sectors and companies, like media, personal care, telecom, and entertainment, which benefit from the change in the scale of demand. The scheme is suitable for who want to participate in the consumption led story of India.

March 21, 2006

Rs. 96.08 Crores

Emmanuel Elango,Krishna Sanghvi

Performance as on 31/10/2008

Portfolio as on 31/10/2008

Allocation Pattern

Dividends in the scheme

Presentation

Application Form

Notices & Addendum

The current crisis in the financial markets is being led by a loss of investor confidence. The loss of confidence that started with the US subprime mortgage assets has now spread to all other asset classes as well as started affecting the consumer confidence & consumer spending worldwide. We believe that the Indian consumer is largely sheltered from the turbulence felt by the consumer spend slowdown globally. Indian GDP is largely consumer driven and hence is not dependent upon the global growth and provides sustainability to the Indian economy. This sustainability is expected to provide comfort to consumer spending. Also consumer spending is expected to rise with commodity prices in downswing and interest rates that appear to have peaked. Further central banks are acting in concert to restore confidence worldwide. Once the temporary panic subsides the strength of the Indian consumer will become plainly visible. As interest rates start easing and consumption picks up, the biggest beneficiary would be the companies linked to consumption cycle and hence the Lifestyle fund would be an ideal vehicle to play the consumption theme.

Click here for Scheme Features

• Investment Objective
To generate long term capital appreciation from a portfolio of equity and equity related securities, generally diversified across companies,which are likely to benefit by changing lifestyles and rising consumerism in India.
• Investment Pattern	• Benchmark Index
Equity & Equity related securities : 65% - 100% Debt & Money Market securities : 0% - 30% Securitised Debt. : 0% - 18%	S & P CNX 500
• Investment Horizon	• Estimated Recurring Expenses
1 year & above	2.50%.
• Investment Options	• Dividend Frenquency
Growth, Dividend Payout, Dividend Re-Investment.	At the Discretion of Trustees
• Minimum Investments	• Cheques / DD to be drawn in favour of
Initial : Rs. 5000 /- Additional : Rs. 1000 /- Systematic : Rs. 1000 /-	Kotak Lifestyle.
• Minimum Redemption Size	• Payout Schedule
Rs. 1000/-	T + 3
• Cut for Transactions
3 PM
• Entry Load	• Exit Load
No entry load shall be charged on: i) For "all direct" applications received by AMC i.e. applications received through internet facility offered (www.kotakmutual.com), on application forms that are not routed through any distributor/agent/broker and submitted to AMC office or collection centre / investment service centre. ii) On additional purchases done directly by the investor under the same folio and switch-in to the scheme from other scheme if such transaction is done directly by the investor: iii) Where the purchase amount/switch in amount is equal to or more than Rs. 5 crores iv) Where the switch in is from an Equity/Balanced/Equity FOF Scheme to an Equity/Balanced/Equity FOF Scheme v) Where switch in is from a close ended scheme (excluding Fixed Maturity Plans and Interval Plans) during the pre-defined liquidity window of the scheme as defined in the respective offer documents or on maturity to an Equity/ Balanced/Equity FOF Schemes: vi) Where the switch in is from any other scheme apart from point iv and v above to an Equity/Balanced/Equity FOF Scheme for investments equal to or more than Rs. 5 crores vii) Where investments is made by Fund of Funds as defined under SEBI Regulations viii) Where units are allotted upon reinvestment of Dividends. Cases not covered above:2.25%.	For exit within 1 year from the date allotment of units for investments of less than Rs. 5 crores: 1% For exit on or after 1 year from the date allotment of units for investments of less than Rs. 5 crores: Nil Where investments is made by Fund of Funds as defined under SEBI Regulations: Nil Where units are allotted upon reinvestment of Dividends: Nil Cases not covered above: Nil

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