Kotak Gold Fund - Fund of Funds

Kotak Gold Fund - An Open Ended Fund of Fund Scheme – For investors wishing to do a GOLD SIP and missed out on Reliance Gold Savings!

INVESTMENT OBJECTIVE -
The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Kotak Gold ETF.

HIGHLIGHTS OF THE SCHEME –

· A fund of fund in India which enables you to reap the returns of Positioning of the Fund gold as an asset class in a paper form without the need of a DEMAT account
· Kotak Gold Fund provides an easy and a convenient way for at least 10% allocation as Portfolio Diversification.
· It endeavors to inculcate a regular savings habit to accumulate gold in small amounts through MICRO Systematic Investment Plan and Systematic Investment Plan
· It enables you to avail long term taxation benefits from 1 year unlike physical gold wherein long term taxation can be availed after 3 years
· The fund seeks to provide returns that closely correspond to the returns provided by Reliance Gold Exchange Traded Fund, which in turn invest in physical gold

SCHEME FEATURES

Launch Date: March 4th , 2011
Close Date: March 18th , 2011
Options: Growth & Dividend
Fund Manager: Mr. Abhishek Bisen
Benchmark: Price of physical gold.
Min. Investment: Rs.5000
Min SIP Investment: Rs.1000
Entry Load: Nill
Exit Load: <>Redemption <12months>: 1% >= 12 months: Nil

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd