Kotak MNC Fund NFO: Key details you need to know

10 Oct 2024 , 11:43 AM

Kotak Mutual Fund is launching NFO under its “Thematic Fund”, named as Kotak MNC Fund. The open ended fund aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of multi-national companies (MNC).

Investment strategy: The fund manager will also consider business fundamentals, industry outlook, absolute as well as relative valuations, growth outlook and corporate governance of MNC companies.

Asset allocation: The fund will invest in the portfolio of predominantly in equity and equity related securities of multinational companies (MNC).

Who should invest?

Investors with very high risk appetite should invest in the Kotak MNC Fund for 5 to 7 years.

Risk associated: Very high level of risk.

Benchmark: Nifty MNC Index (TRI)

Fund Managers: Mr. Harsha Upadhyaya, Mr. Abhishek Bisen and Mr. Dhananjay Tikariha

The NFO is available for subscription from October 07 to October 21. 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 MNC Fund.