Kotak Mutual Fund is launching NFO under its “index fund category”, named as Kotak Nifty G-Sec July 2033 Index Fund. This open-ended fund seek to to generate returns that are commensurate (before fees and expenses) with the performance of the Nifty G-Sec July 2033 Index, subject to tracking errors.
Investment strategy: The Index Fund is a passively managed target maturity index fund which will employ an investment approach designed to track the performance of Nifty G-Sec July 2033 Index.
Asset allocation: The scheme will predominantly invest in relatively high interest rate risk and relatively low credit risk government securities.
Who should invest?
Investors with moderate risk appetite and want to invest for 1 to 3 years to diversify the portfolio in government securities should invest in Kotak Nifty G-Sec July 2033 Index Fund.
Risk associated: Moderate level of risk.
Benchmark: Nifty G-Sec July 2033 Index.
Fund Managers: Mr. Abhishek Bisen.
The NFO is available for subscription from September 25 to October 9. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 100/- and in multiples of any amount thereafter.
It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in Kotak Nifty G-Sec July 2033 Index Fund.
Related Tags
Invest wise with Expert advice
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.