Please find below the details for Kotak FMP Series
The New Fund Offer of the scheme opens on May 24, 2012 (Thursday) and closes on May 28, 2012 (Monday).
MINIMUM INVESTMENT during NFO: Rs. 5,000/- and in multiples of Rs 10 for purchase and switch-ins.
OPTIONS: Growth and Dividend Payout.
INVESTMENT OBJECTIVE: The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to significantly reduce the interest rate risk. The Scheme will invest in debt and money market securities, maturing on or before maturity of the scheme.
LISTING: The units of the scheme will be listed on BSE on allotment. The units of the scheme may also be listed on the other stock exchanges.
BENCHMARK: CRISIL Short Term Bond Index.
LIQUIDITY: Units of this scheme will be listed on Bombay Stock Exchange. Investors may sell their units in the stock exchange(s) on which these units are listed on all the trading days of the stock exchange. The units cannot be redeemed with KMMF until the maturity of the scheme.
MATURITY: 370 Days after the date of allotment of units.
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
The New Fund Offer of the scheme opens on May 24, 2012 (Thursday) and closes on May 28, 2012 (Monday).
MINIMUM INVESTMENT during NFO: Rs. 5,000/- and in multiples of Rs 10 for purchase and switch-ins.
OPTIONS: Growth and Dividend Payout.
INVESTMENT OBJECTIVE: The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to significantly reduce the interest rate risk. The Scheme will invest in debt and money market securities, maturing on or before maturity of the scheme.
LISTING: The units of the scheme will be listed on BSE on allotment. The units of the scheme may also be listed on the other stock exchanges.
BENCHMARK: CRISIL Short Term Bond Index.
LIQUIDITY: Units of this scheme will be listed on Bombay Stock Exchange. Investors may sell their units in the stock exchange(s) on which these units are listed on all the trading days of the stock exchange. The units cannot be redeemed with KMMF until the maturity of the scheme.
MATURITY: 370 Days after the date of allotment of units.
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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