February 2, 2022
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Kotak Mahindra Mutual Fund launches Kotak Manufacture in India Fund
Objective of Scheme : The scheme shall seek to generate capital appreciation by investing in a diversified portfolio of companies that follow the manufacturing theme. However, there is no assurance that the objective of the scheme will be realized.
NFO will open on February 1 ,2022
NFO will close on February 15,2022
(Our Guidance & Invest Online button are given at the bottom of the Page)
Investment Strategy
The scheme seeks to generate capital appreciation by investing in a diversified portfolio of companies that follow the manufacturing theme.
Basic Details
Fund House: Kotak Mahindra Mutual Fund
Issue Open: 01-Feb-2022
Issue Close: 15-Feb-2022
Category: Equity: Thematic
Type: Open-ended
Min. Investment Rs 5,000 & thereafter in multiples of Rs. 1
SIP Purchase: Rs 500/- Subject to a minimum of 10 SIP installments of Rs 500/- each
Plans: Growth, IDCW
Lock-in Period Not Applicable
Exit Load (%): For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Riskometer: Very High
Benchmark: Nifty India Manufacturing TRI
Fund Manager
#Harish Krishnan
Education: Graduate from Government Engineering College Trichur & MBA from IIM Kozhikode
Experience: Prior to joining Kotak Mahindra MF, he was based out of Singapore and Dubai, managing Kotak’s offshore funds.
#Abhishek Bisen
Education: BA and MBA in Finance.
Experience: Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory.
AMC:
Kotak Mahindra Asset Management Company Ltd
Address: 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai – 400051
Phone: 022-61152100 / 1800-22-2626
Fax: 022-66384455
Email: mutual@kotak.com
Website: https://www.kotakmf.com/
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Phone: 1800-3010-6767 / 1800-419-7676
Fax: 044-30407101
Email: enq_h@camsonline.com
Website: www.camsonline.com
Chanakya’s Mutual Fund Guidance :
It is an open-ended equity scheme following a manufacturing theme. It invests in companies engaged in manufacturing activities, giving you an opportunity for wealth creation alongside the growing Indian economy.
Manufacturing GFCF as a percentage of GDP is expected to rise.The Nifty India Manufacturing Index aims to track the performance of stocks that represent manufacturing sectors in India.
Instances of outperformance or underperformance calculated using daily rolling returns. Data as Dec 31, 2021. The Nifty India Manufacturing Index has a base date of April 01, 2005. Average underperformance is calculated as the simple average of periodic returns for all periodic returns lower than 0%. Average outperformance is calculated as the simple average of periodic returns for all periodic returns of at least 0%
5 Reason to invest in Kotak Manufacture in India Fund
#An emerging manufacturing hub after China
#Production linked incentive Scheme (PLI)
#Housing starts to take off
#Deleveraged balancesheets of Corporates
#Reimagining India’s Carbon foot print
During last 5 years, India’s manufacturing index has underperformed however during next 5 year , outperformance odds are equivalent to 69%
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Mutual fund investments are subject to market risks, read all scheme related documents carefully.