Kotak Global Emerging Market Fund
Kotak Mahindra Mutual Fund has recently filed the draft offer documents for its upcoming 3 year close ended equity scheme called Kotak Global Emerging Market Fund.
The investment objective of the scheme is to provide long-term capital appreciation by investing in one or more overseas mutual fund scheme / schemes investing in a diversified portfolio of securities in global emerging markets.
Accord to the document filed by them, the scheme is suitable for long-term investors with a higher risk appetite and who wish to supplement existing holdings with exposure to investment opportunities in globally emerging economies.
MSCI Emerging Market Index will be taken as the Benchmark Index
Growth, Dividend Reinvestment and Dividend Payout options will be available for investors.
Minimum Investment size is Rs.5000 and minimum redumption will be Rs. 1000 or 100 units.
Add commentMarch 15th, 2007