Kotak Mahindra Mutual Fund launches Kotak Long Duration Fund

NFO period: 28^th February ? 06^th March, 2024

Highlights of the NFO:

• Scheme type ? An open ended debt scheme investing in instruments such that the Macaulay Duration of the portfolio is greater than 7 years. A Relatively High Interest Rate Risk and Relatively Low Credit Risk


• Investment objective ? To generate income / capital appreciation through investments in debt and money market instruments. 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 long term wealth creation to generate income / capital appreciation through by investing in debt and money market instruments.


• Minimum Application Amount ? First investment Rs. 100/- and any amount thereafter


• Plan/ Options available ? Regular Plan & Direct Plan having Growth Option, Payout of Income Distribution Cum Capital Withdrawal Option (IDCW-Payout) and Reinvestment of Income Distribution cum capital withdrawal Option (IDCW-Reinvestment).


• Fund Managers ? Mr. Abhishek Bisen and Ms. Palha Khanna


• Benchmark ? NIFTY Long Duration Debt Index-A-III