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Kotak Mutual Fund launches Kotak Technology Fund

NFO period: 12th February ? 26th February, 2024

Highlights of the NFO:

  • Scheme type ? An open ended equity scheme investing in Technology & technology related sectors

  • Investment objective ? The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of Technology & technology related sectors However, there is no assurance that the objective of the scheme will be achieved.

  • Product suitability ? The product is suitable for investors who are seeking long term capital growth by investing in portfolio of predominantly equity & equity related securities of Technology & Technology related sectors.

  • Minimum Application Amount ? First investment Rs. 100/- and any amount thereafter

  • Plan/ Options available ? Regular Plan and Direct Plan having Growth Option and Payout of Income Distribution cum capital withdrawal (IDCW) (Payout and Reinvestment).

  • Fund Managers ? Ms. Shibani Sircar Kurian(equity investment), Mr. Abhishek Bisen(debt investment) and Mr. Arjun Khanna(foreign securities)

  • Benchmark ? S&P BSE Teck Index (Total Return Index)

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)