Kotak Healthcare Fund NFO: Essential details you should know

20 Nov 2023 , 11:31 AM

Kotak Mahindra Mutual Fund is launching NFO under its “Sectoral category”, named as Kotak Healthcare Fund. The investment objective of the scheme is to seek to generate long term capital appreciation through investing in equity and equity related securities of companies benefitting directly or indirectly Pharma, Healthcare, and allied sectors.

Investment strategy: The scheme would be agnostic to market capitalization and may take concentrated exposure to certain stocks. Investment will be made in stocks of companies engaged in research & development, manufacturing, active pharmaceutical ingredients, pharma related chemicals, biological drugs and related products, distribution & sales of the entire spectrum of Pharmaceutical products including intermediates, medical equipment and accessories & personal healthcare products.

Asset allocation: The scheme will invest in equity and equity related securities of Pharma, Healthcare, and allied sectors companies.

Who should invest?

Investors with very high risk appetite and want to invest for 5 years to diversify their portfolio in healthcare companies stocks should invest in Kotak Healthcare Fund. 

Risk associated: Very high level of risk.

Benchmark: Nifty Healthcare Index.

Fund Managers: Ms. Shibani Sircar Kurian, Mr. Dhananjay Tikariha, Mr. Abhishek Bisen and Mr. Arjun Khanna.

The NFO is available for subscription from November 20 to December 04. 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 Healthcare Fund.