MUTUAL FUNDS
Kotak Mahindra Mutual Fund introduces FMP Series 254-1250 days
Dec-10-2018

Kotak Mahindra Mutual Fund has launched the Kotak FMP Series 254-1250 days, a close ended debt scheme. The NFO opens for subscription on December 10, 2018 and closes on December 12, 2018. No entry load and exit load will be applicable for the scheme.

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.

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