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Kotak Asset Allocator Fund Announces change in scheme name, type, benchmark & fund manager

Published on Oct 14, 2021 13:23

Kotak Mahindra Mutual Fund has announced change in scheme name, type, benchmark & fund manager of Kotak Asset Allocator Fund, with effect from 15 November 2021. Accordingly, the proposed changes are:

Name: Kotak Multi Asset Allocator Fund of Fund - Dynamic

Type: An open ended fund of fund scheme investing in units of Kotak Mahindra Mutual Fund schemes & ETFs / Index schemes.

Benchmark: 90% Nifty Hybrid Composite Debt 50:50 Index + 5% prince of Physical Gold + 5% MSCI World Index

Fund Managers: Devender Singal, Abhishek Bisen and Arjun Khanna

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