Sivakasi Manikandan, http://www.aismoney.com/
Minimum Investment Rs. 100: Kotak Transportation & Logistics Fund
The NFO closes on 204 December 09.
Kotak Mutual Fund has launched Kotak Transportation & Logistics Fund, an open-ended equity scheme.
The fund will invest in companies engaged in transportation, logistics and related activities like businesses involved in transportation infrastructure, logistics services and financial companies supporting these sectors.
The growth of transportation and logistics is fuelled by rising vehicle ownership, the shift from fossil fuel engines to electric vehicles and increasing per capita GDP. Major government initiatives like Bharatmala and GatiShakti will enhance efficiency and expand business opportunities in the logistics Industries. With India's expanding manufacturing industry, the transportation and logistics industry is set for significant expansion.
The transportation and logistics theme stands to benefit from multiple tailwinds, including growing consumption, increasing per capita GDP, and the growth of e-commerce, auto, and auto-ancillary businesses. The government's focus on reducing transportation costs by creating an efficient logistics network will not only aid sector growth but also attract new players. Over the last five years, there has been a 44% increase in the number of listed companies in this space. Demand for transportation and logistics services is expected to grow significantly as the India Story unfolds in the coming years.
Nalin Bhatt, who has been with Kotak Mahindra AMC since February 2016 and has over 20 years of experience in equity research and fund management will manage this scheme.
Data as on 31st Oct, 2024. Inception date of Nifty Transportation & Logistics TRI: 1st Apr, 2005 same is used for Since Inception calculations.
Minimum Purchase Amount:
Initial Purchase (Non- SIP)- Rs. 100/- and any amount thereafter
Additional Purchase (Non- SIP) - Rs. 100/- and any amount thereafter
SIP Purchase- Rs. 100/- and any amount thereafter
*For detailed asset allocation and scheme information, please refer the scheme information document (SID)
Exit Load:
• For redemption / switch out within 30 days from the date of allotment: 1%
• If units are redeemed or switched out on or after 30 days from the date of allotment: NIL
For More details and investment
Sivakasi Manikandan, MBA (F&M), [MBA, I & FP],
FChFP, CIS, AMFI, CII (London)
Managing Director - AISMONEY
No. 21, MBT Road, (Opp) Indian Bank, Walajapet - 632 513
Ranipet Dt. Tamil Nadu, India.
+ 91 98405 77675
+ 91 96777 66393 (Office)
support@aismoney.com
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The past performance of the mutual funds is not necessarily indicative of future performance of the schemes.
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