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Kotak MF India Growth Fund Series - I, 3 Years Close Ended Equity Funds


Kotak Mutual Fund (MF) has launched a new fund named Kotak India Growth Fund Series - I, a 3 years close ended equity schemes. The tenure of the scheme is 3 years after the date of allotment.

The new fund offer (NFO) price for the scheme is Rs. 10 per unit. The new issue will open for subscription from 2015 13 April to 27 April.

The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity related instruments across market capitalization and sectors.

The scheme offers 2 options viz. growth & dividend payout option under both regular & direct plan.

The scheme would invest 80% to 100% in equity and equity related securities with medium to high risk profile and invest upto 20% of assets in debt & money market securities with low risk profile.

Minimum application amount is Rs. 5,000

Entry and exit load charge will be Nil.

The fund is benchmarked against CNX 200.


Mr. Harish Krishnan will be the fund manager of the Kotak India Growth Fund Series - I, a 3 years close ended equity scheme.


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