Kotak Long Duration Fund NFO: Key details you need to know

29 Feb 2024 , 02:33 PM

Kotak Mutual Fund is launching NFO under its “Debt Scheme – Long Duration Fund category”, named as Kotak Long Duration Fund. The investment objective of the scheme is to generate income / capital appreciation through investments in debt and money market instruments.

Investment strategy: The scheme will invest in Debt & Money Market Instruments such that the Macaulay duration of the portfolio is greater than 7 years. The duration would be managed dynamically using debt & money market instruments.

Asset allocation: The scheme aims to invest in a relatively high interest rate risk and relatively low credit risk..

Who should invest?

Investors with very open-ended debt scheme investing in instruments such that the Macaulay duration of the portfolio is greater than 7 Years in Kotak Long Duration Fund. 

Risk associated: Very high level of risk.

Benchmark: NIFTY Long Duration Debt Index- A-III.

Fund Managers: Mr. Abhishek Bisen and Ms. Palha Khanna

The NFO is available for subscription from February 28 to March 06. 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 ₹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 Long Duration Fund.