Kotak Mahindra Mutual Fund launches Kotak FMP Series 306

NFO period: 20^th January – 23^rd January, 2023

Highlights of the NFO:

• Scheme type – Close ended debt scheme with maturity of 90 days. A relatively low interest rate risk and moderate credit risk


• Investment objective – The scheme endeavors to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments maturing on or before the 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 short 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 Liquid Index


• Maturity – 90 days from the date of allotment