MUTUAL FUNDS
Kotak Mahindra MF introduces FMP Series 330 -98 D
Apr-25-2024

Kotak Mahindra Mutual Fund has launched Kotak Fixed Maturity Plan Series 330 - 98 days, a close ended debt scheme with maturity of 98 days with relatively low interest rate risk and moderate credit risk. The NFO opens for subscription on April 25, 2024 and closes on April 29, 2024. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Rs. 10 for purchase and switch-ins. 

The performance of the Scheme is measured against NIFTY Ultra Short Duration Debt Index and its fund managers are Deepak Agrawal and Manu Sharma.

The investment objective of the Scheme is to generate income by investing in debt and money market securities, maturing on or before the maturity of the scheme.


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