Kotak Consumption Fund NFO: All details you need to know

25 Oct 2023 , 03:19 PM

Kotak Mutual Fund is launching NFO under its “equity category”, named as Kotak Consumption Fund. The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in consumption and consumption related activities.

Investment strategy: the scheme will predominantly invest in stocks as per the consumption theme, it retains the flexibility to take some exposure beyond the theme based on the asset allocation pattern of the scheme.

Asset allocation: The scheme aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in consumption and consumption related activities .

Who should invest?

Investors with very high risk appetite and want to invest for 5 years to diversify their portfolio in consumption sector should invest in Kotak Consumption Fund.

Risk associated: Very high level of risk.

Benchmark: Nifty India Consumption Index (Total Return Index).

Fund Managers: Mr. Devender Singhal, Mr. Abhishek Bisen and Mr. Arjun Khanna.

The NFO is available for subscription from October 25 to November 08. 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 5000/- 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 Consumption Fund.