Kotak Mutual Fund is launching 370 days FMP Series 6, which will be listed on National Stock Exchange (NSE) from July 23, 2010 (Friday) and will close on July 26, 2010 (Monday). Investor can utilize ASBA (Amount Supported by Blocked Amount). NRI can also apply through their NRO account.
  

INVESTMENT OBJECTIVE

The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to significantly reduce the interest

rate risk.

SCHEME TYPE

Close ended debt scheme

MINIMUM INVESTMENT DURING NFO

Rs. 5,000/- and in multiples of Rs 10 for purchase and switch-ins.

OPTIONS

Growth and Dividend Payout.

LISTING

The units of the scheme will be listed on NSE on allotment.

BENCHMARK

CRISIL Composite Bond Fund Index

LIQUIDITY

Units of this scheme will be listed on National Stock Exchange. Investors may  sell their units in the stock exchange(s) on which these units are listed on all the trading days of the stock exchange. The units cannot be redeemed with KMMF until the maturity of the scheme.

MATURITY

370 Days after the date of allotment of units.

Download Kotak FMP 370 Days Series 6 Application Form

Kotak Mahindra Mutual Fund has launched Kotak Credit Opportunities fund. The NFO period would be from 12th April to 30th April’10.

Kotak credit opportunities is open ended debt scheme positioned between short term funds and duration funds like gilt and bond. The idea of the strategy is to get a play on the steepness of the yield curve at the same time not have too much volatility a duration fund would usually have. The fund would seek to capitalize on the mispricing available within the credit spectrum at the same time not taking very aggressive credit calls.

As per the AMC, the fund is ideally positioned for investors with a 1yr horizon with the intent of being able to generate superior risk adjusted returns over short term strategies.

NFO Details / Summary –

• Start Date: 12-April-2010
• End Date: 30-April-2010
• Scheme Type: Open ended debt scheme
• Options: Growth, Dividend Reinvestment and Dividend Payout
• Entry Load: Nil
• Exit Load: 2% if redeemed /switch-out within 1 year from date of allotment.
  Nil if redeemed /switch-out after 1 year from the date of allotment.
• Benchmark: CRISIL Short Term Bond Index
• Liquidity: Open ended. Purchases and Redemptions at prices related to Applicable NAV.
• Investment Objective: The investment objective of the scheme is to generate income by investing in debt/and money market securities across the yield curve spectrum. The scheme would also seek to maintain reasonable liquidity within the fund.

Download Application Form

Invest Online in Kotak Mutual Fund

Kotal Mahindra mutual fund AMC has launched KOTAK NIFTY ETF, an open ended Exchange Traded Fund. The NFO will close on 19th  Jan, 2010.

NFO start date: 11-January-2010

NFO end date: 19-January-2010

Issue price: Rs. 10.00
Entry load: Nil
Exit load: Nil
Minimum application: Rs 10000 and in multiples of Rs. 0.01 thereafter

Download Kotak Nifty ETF NFO Application Form

As per KOTAK AMC, following are the benefits to apply for Kotak ETF:

Diversification: You get an exposure to Nifty with a single order.
Trading Flexibility: You can do Intra day buying and selling just like any other listed share. This is an advantage over an Index fund where entry & exit is allowed only at the end of day NAV.
Pricing: The Intraday indicative price available will closely track Nifty value.
Low Cost and Tracking Error: Low annual recurring expenses compared to actively managed funds because of passive investment
Strategies for investors: The underlying being similar to Nifty futures, hedging and arbitrage is possible
Convenience: All transactions are done in Demat form, hence providing convenience and safety
Low minimum investment: You can buy as low as 1 unit post listing

How to apply?

Just download the form and send it to our address

OR

Deposit the application form along with PAN card copy to nearest HDFC bank, Kotak Mahindra Bank or CAMS. Addresses and branches are given in last 2 pages of application form.

Kotak Mahindra Asset Management Co. Ltd.  has launched new fund offer named Kotak Select Focus Fund. It   is an open - ended equity scheme that aims to maximize long-term capital appreciation by investing in equity and equity related securities, focused on select sectors with untapped current and future growth potential..

• Fund Type: Open-Ended
• NFO Starts: 22th July, 2009
• NFO Ends: 20th Aug, 2009
• Entry load: 2.25%
• Exit Load: 1% if redeemed within 1 year
• Fund manager: Krishna Sanghvi, Abhishek Bisen, Emmanuel Elango

To Get Mutual fund forms on your mail, email request at mf@moneyvriksh.com or visit www.moneyvriksh.com/buymf

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