Kotak Mahindra Mutual Fund has announced 04 April 2019 as the record date for declaration of dividend under the regular plan & direct plan - dividend option of Kotak FMP Series 181 and Kotak FMP Series 192 declaration of dividend under the regular plan - dividend option. The amount of dividend on the face value of Rs 10 per unit will be entire appreciation in net asset value of dividend option until record date.Powered by Capital Market - Live News

Kotak Mahindra Mutual Fund has announced the closing date of the New Fund Offer (NFO) period of Kotak FMP Series 268 has been extended till 09 April 2019.Powered by Capital Market - Live News

Kotak Mahindra Mutual Fund has launched a new fund named as Kotak FMP Series 268, a close ended debt scheme with the duration of 1174 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 26 March to 27 March 2019. The investment objective of the scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. The scheme will invest in debt and money market securities, maturing on or before maturity of the scheme. The scheme offers growth and dividend payout option. The scheme shall invest 80% - 100% of assets in debt instruments including government securities and invest upto 20% of assets in money market instruments with low to medium risk profile. Investment in derivatives will be up to 50% of the net assets of the scheme. The minimum application amount is Rs 5000 and in multiples of Rs 10 for purchase and switch-ins. The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme. Entry load and exit load charge will be nil for the scheme. The scheme performance will be benchmarked against CRISIL Composite Bond Fund Index. Deepak Agrawal is the fund manager of the scheme.Powered by Capital Market - Live News

Kotak Mahindra Mutual Fund has launched a new fund named as Kotak FMP Series 267, a close ended debt scheme with the duration of 1182 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 25 March to 27 March 2019. The investment objective of the scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. The scheme will invest in debt and money market securities, maturing on or before maturity of the scheme. The scheme offers growth and dividend payout option. The scheme shall invest 80% - 100% of assets in debt instruments including government securities and invest upto 20% of assets in money market instruments with low to medium risk profile. Investment in derivatives will be up to 50% of the net assets of the scheme. The minimum application amount is Rs 5000 and in multiples of Rs 10 for purchase and switch-ins. The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme. Entry load and exit load charge will be nil for the scheme. The scheme performance will be benchmarked against CRISIL Composite Bond Fund Index. Deepak Agrawal is the fund manager of the scheme.Powered by Capital Market - Live News

Kotak Mahindra Mutual Fund has announced 28 March 2019 as the record date for declaration of dividend under the Regular Plan-Dividend Option and Direct Plan-Dividend Option of Kotak Tax Saver. The quantum of dividend (Re per unit) on the face value of Rs 10 per unit will be: Kotak Tax Saver - Regular Plan - Dividend Option: 0.37Kotak Tax Saver - Direct Plan - Dividend Option: 0.43Powered by Capital Market - Live News