Kotak Mahindra MF introduces Multi Asset Active FOF
Kotak Mahindra Mutual Fund has launched Kotak Multi Asset Active FOF, an open-ended fund of fund scheme investing in units of equity-oriented schemes, debt-oriented schemes and commodity-based schemes. The NFO opens for subscription on April 08, 2026 and closes on April 22, 2026. The Entry Load is nil for the scheme. The Exit Load: 8% of the units allotted shall be redeemed without any Exit Load on or before completion of 6 months from the date of allotment of units. Any redemption in excess of such limit within 6 months from the date of allotment shall be subject to the following Exit Load: If redeemed or switched out on or before completion of 6 months from the date of allotment of units – 1.00%. If redeemed or switched out after completion of 6 months from the date of allotment of units – NIL. The minimum subscription amount is Rs 1000/- and any amount thereafter.
The performance of the Scheme will be benchmarked against 55% Nifty 50 TRI + 30 % Nifty Short Duration Debt Index + 7.5% Domestic Price of Gold + 7.5% Domestic Price of Silver and its fund managers are Devender Singhal and Abhishek Bisen.
The investment objective of the scheme is to generate long term capital appreciation from a portfolio created by investing in units of actively managed Equity oriented schemes, Debt oriented schemes and commodity-based schemes.
