03-09-2021 10:35 AM | Source: Accord Fintech
Kotak Mahindra MF introduces FMP Series 289-1179 days
Kotak Mahindra Mutual Fund (MF) has launched the Kotak FMP Series 289-1179 days, a close ended debt scheme. The NFO opens for subscription on March 08, 2021, and closes on March 09, 2021. The Entry load and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Rs 10 for purchase and switch-ins.
The performance of the Scheme shall be benchmarked against CRISIL Composite Bond Fund Index and its fund manager is Deepak Agrawal.
The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. The Scheme will invest in debt and money market securities, maturing on or before maturity of the scheme
Latest News
Bank of Baroda Q4 net profit rises to 4,886 crore
Market Macros by Shrikant Chouhan, Head Equity Resea...
Market Weekly Round Up by Shrikant Chouhan, Head Equ...
Veteran actors Ashutosh Rana, Vijay Raaz join ANI fo...
Sensex up by 260 points, energy and metal lead rally
Imagicaaworld Entertainment surges on launching 6 Ne...
FIIs stood as net sellers in equities as per May 10 ...
India`s Cipla open to partnering with Eli Lilly to m...
Post Market Comment by Mr Shrey Jain, Founder and CE...
Daily Market Analysis : The markets experienced a re...