Name of Fund: Kotak Fixed Maturity Plan 13 month Series 3 Scheme: A close-ended debt scheme. It has maturity of 13 months after the date of allotment.
Investment Options: The scheme offers retail and institutional plan. The scheme offers investors growth option and dividend option under both the plans. The dividend option offers dividend payout and dividend re-investment facilities.
Objective: The objective of the scheme would be to generate returns through investments in debt and money market instruments with a view to significantly reduce the interest rate risk.
Fund Opens: 12 March 2008
Fund Closes: 17 March 2008
Face Value: Rs. 10
Minimum Investment Amount: The minimum investment amount under retail plan is Rs 5,000 and in multiples of Re 1 thereafter. The minimum investment amount under institutional scheme is Rs 50 lakh and in multiples of Re 1 thereafter.
Load structure: It may not levy entry load as the scheme is of close-ended nature.
If redemption is done within 1 year from the date of allotment 1.5% an exit load will be charged. And no exit load will be charged for redemption after 1 year.
Fund Manager: Mr. Deepak Agrawal
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