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Kotak Mahindra Mutual Fund Announces merger of under its schemes

11 Apr 2022 , 09:01 AM

Kotak Mahindra Asset Management Company Limited and Kotak Mahindra Trustee Company Limited have approved the merger of the following Fixed Maturity Plans into Kotak Corporate Bond Fund, with effect from 10 May 2022.

Kotak FMP Series 251 – 1265 Days into Kotak Corporate Bond Fund, with effect from 10 May 2022.

Kotak FMP Series 252 – 1261 Days and Kotak FMP Series 254 – 1250 Days into Kotak Corporate Bond Fund, with effect from 17 May 2022.

Kotak FMP Series 253 – 1260 Days into Kotak Corporate Bond Fund, with effect from 19 May 2022.

Kotak FMP Series 255 – 1250 Days into Kotak Corporate Bond Fund, with effect from 24 May 2022.

Kotak FMP Series 226 – 1470 Days into Kotak Corporate Bond Fund, with effect from 25 May 2022.

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