Kotak Mahindra Mutual Fund launches Kotak FMP Series 293

NFO period: 26^th August – 01^st September, 2021

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 in multiple of Rs. 10/- thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Payout of Income Distribution cum capital withdrawal (IDCW).


• Fund Managers – Mr. Deepak Agrawal


• Benchmark – NIFTY Medium to Long Duration Debt Index


• Maturity – 1826 days from the date of allotment