Kotak Mutual Fund launches Kotak Consumption Fund: Here are the key details
The scheme opens for subscription on October 25 and closes on November 8.
Source: businesstoday.in
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Kotak Consumption Fund, two other NFOs open for subscription today; should you invest?
A thematic fund, a banking and PSU fund, an index fund are open for subscription. Should you invest in these NFOs?
Source: indiatimes.com
Kotak Multi Asset Allocation Fund NFO collects over Rs 3,600 crore
The scheme will invest 65-80% in equity and equity related instruments, 10-25% in debt and money market securities, 10-25% in commodity ETFs, exchange traded commodity derivatives (ETCDs) & any other mode of investment in commodities as permitted by SEBI from time to time, 0-15% in overseas mutual funds schemes/ ETFs/foreign securities, and 0-10% in units of REITs & InvITs.
Source: indiatimes.com
Are multi-asset funds the right product in a soaring market?
Multi-asset funds are allowed to invest in various asset classes—equity, debt, gold, silver, commodities, international equities, futures & options, real estate investment trusts, infrastructure investment trusts, etc.
Source: livemint.com
Kotak Mutual Fund launches Kotak Multi Asset Allocation Fund
The investment objective of the scheme is to generate long term capital appreciation by investing in equity and equity-related securities, debt and money market instruments, commodity ETFs and exchange traded commodity derivatives.
Source: indiatimes.com