Kotak Mahindra Mutual Fund launches Kotak Balanced Advantage Fund

NFO period: 13^th July – 27^th July, 2018

Highlights of the NFO:

• Scheme type – An open ended dynamic asset allocation fund


• Investment objective – The investment objective of the scheme is to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities. There is no assurance or guarantee that the investment objective of the scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking wealth creation over a long period of time by investing in equity, equity related securities & debt, money market instruments while managing risk through active allocation.


• Minimum Application Amount – First investment Rs. 5,000/- and in multiple of Rs. 1/- thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend (Payout and Reinvestment) Option.


• Fund Managers –


• Mr. Deepak Gupta & Mr. Harish Krishnan are the fund managers of equity and equity related instruments


• Mr. Abhishek Bisen is the fund managers of investments in debt and money market instruments


• Mr. Arjun Khanna for foreign securities


• Benchmark – Nifty 50 Hybrid composite debt 50:50 Index