Kotak Mahindra Mutual Fund launches Kotak FMP Series 189

NFO period: 12^th February – 16^th February 2016

Highlights of the NFO:

• Scheme type – Close ended debt scheme with maturity of 1154 days


• Investment objective – The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. The Scheme will invest in debt and money market securities, maturing on or before maturity of the scheme. There is no assurance that the investment objective of the Scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking income over a long investment horizon by investing in floating rate securities, debt & money market securities.


• Minimum Application Amount – First investment Rs. 5,000/- and multiples of Rs. 10/- thereafter.


• Plan/ Options available – Regular Plans and Direct Plans having Growth Option and Dividend Payout Option


• Fund Managers – Mr. Deepak Agarwal


• Benchmark – CRISIL Composite Bond Fund Index