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KOTAK QUANT FUND FLOATS ON

Published on Jul 11, 2023 09:03

Kotak Mahindra Mutual Fund has launched a new fund named as Kotak Quant Fund.

The New Fund Offer (NFO) price for the scheme is Rs 10 per unit.

Category of Scheme: Equity Scheme - Sectoral/ Thematic

The scheme has two plans: regular plan and direct plan.

The Scheme has the following Options: Growth Option & Income Distribution cum Capital Withdrawal (IDCW) Option

The minimum application amount is Rs 5000 and in multiples of Re. 1/- thereafter.

The additional application amount is Rs 1000 and in multiples of Re. 1/- thereafter.

Load structure:� For redemption / switch out within 90 days from the date of allotment:0.5% � If units are redeemed or switched out on or after 90 days from the date of allotment -Nil.

Benchmark Index for the scheme is NIFTY 200 TRI

The fund manager of the scheme is Mr. Harish Krishnan will be the fund manager for equity investment of the scheme Mr. Abhishek Bisen will be the Fund Manager for debt investment of the Scheme and Mr. Arjun Khanna will be the Dedicated Fund Manager for investments in foreign securities.

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