Kotak Mahindra Mutual Fund launches Kotak FMP Series 211

NFO period: 04^th October – 11^th October, 2017

Highlights of the NFO:

• Scheme type – Close ended debt scheme


• 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 term investment horizon by investing in debt & money market securities.


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


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


• Fund Manager – Mr. Deepak Agrawal


• Benchmark – CRISIL Composite Bond Fund Index


• Maturity – 1105 days from the date of allotment