Kotak Mahindra Mutual Fund launches Kotak NASDAQ 100 Fund of Fund

by News Team | Mutual Fund

NFO period: 11th January – 25th January, 2021

Highlights of the NFO:

  • Scheme type – An open ended fund of fund investing in units of overseas ETF’s and/or Index Fund based on NASDAQ 100 Index

  • Investment objective – The investment objective of the scheme is to provide long-term capital appreciation by investing in units of overseas ETF’s and/ or Index Fund based on NASDAQ 100 Index. However, there can be no assurance that the investment objective of the scheme will be realized.

  • Product suitability – The product is suitable for investors who are seeking long-term capital growth. Return that corresponds generally to the performance of the NASDAQ-100 Index, subject to tracking error.

  • Minimum Application Amount – First investment Rs. 5,000/- and in multiple of Rs. 1/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having only Growth Option.

  • Fund Managers – Mr. Arjun Khanna and Mr. Abhishek Bisen

  • Benchmark – NASDAQ 100 TRI

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