Investment Objective
The investment objective of the scheme is to generate returns that are commensurate (before fees and expenses) with the performance of CRISIL-IBX Financial Services 3-6 Months Debt Index that seeks to track the performance of Commercial Papers (CPs), Certificates of Deposit (CDs) & corporate bond securities maturing within 3 to 6 months from the date of inclusion in the index. However, there can be no assurance that the investment objective of the Scheme will be achieved.
| Fund Overview | |
| Exit Load | No charges for withdrawal |
| Min. SIP Amount | ₹ 100 |
| Min. LumpSum Amount | ₹ 100 |
| Launch Date | 21st Feb 2025 |
| End Date | 5th Mar 2025 |
| Allotment Date | 7th Mar 2025 |
| NAV | ₹10.00 |
| Stamp Duty | 0.005% |
| Lock in | Nil |
| Scheme Benchmark | CRISIL-IBX Financial Services 3 to 6 Months Debt |
| Risk | Moderately Low |
| Scheme Category | Other , Index Fund |
| Fund Manager | Manu Sharma |
| AMC Name | Kotak Mahindra Asset Management Company |
| RTA | Computer Age Management Services (CAMS) |
| Total AUM | ₹ 476,425.35 cr |
| Total Schemes | 77 |
How to apply for this NFO?
To apply for this New Fund Offer (NFO), download the Dhan App today!
About Kotak Mahindra Mutual Fund
Kotak Mahindra Asset Management Company (KMAMC), a wholly-owned subsidiary of Kotak Mahindra Bank, has been managing Kotak Mutual Fund since its inception in December 1998. It was the first AMC in India to introduce a gilt fund focused on government securities and a gold leaf program exclusively investing in government bonds.
KMAMC offers mutual fund, portfolio management, and pension fund services, adhering to SEBI regulations. With over ₹3.81 lakh crore in assets under management across 261 schemes as of March 31, 2024, it caters to diverse investor needs, focusing primarily on AAA and AA-rated companies and providing tax-saving options under Section 80C.
Backed by over 8.1 million investor accounts and 50,000 distributors, KMAMC is a key player in the financial services sector. As part of the Kotak Mahindra Group, it benefits from a comprehensive suite of financial solutions, including banking, equity brokerage, insurance, and investment banking.
You can explore more Mutual Funds offered by Kotak Mahindra Mutual Fund here
Happy Investing,
Saurav Parui.