KOTAK GLOBAL INNOVATION FUND OF FUND

 KOTAK GLOBAL INNOVATION FUND OF FUND

 KOTAK GLOBAL INNOVATION FUND OF FUND-In this blog we will discuss about KOTAK GLOBAL INNOVATION FUND 

https://stockshalabypreeti.blogspot.com/2021/07/kotak-global-innovation-fund-of-fund.html

KOTAK GLOBAL INNOVATION FUND OF FUND


Invest in global innovators like Amazon, Google, Facebook, Walt Disney, Netflix

About Global Innovation Fund of Fund

Kotak Mahindra AMC Ltd has launched a new fund offer for kotak Global Innovation Fund.

The fund is open for subscription between July 8 and July 22, 2021

Investment Objective

Product is suitable for investors who are looking for:

Long-term capital growth

Investment in units of Wellington Global Innovation Fund or any other similar overseas mutual fund scheme/ ETFs

Top holdings in the portfolio of the underlying fund

Kotak Global Innovation Fund will invest in units of Wellington Global Innovation Fund or any other similar fund schemes. The companies mention here are forming part of its portfolio.

Fund performance with benchmark

The fund has consistently outperformed the benchmark


Fund details

Type of scheme – An open-ended fund of fund investing in unit of Wellington Global Innovation Fund

NFO Dates – 8 July,2021 – July 22,2021

Benchmark – MSCI All Country World Index TRI

Minimum Amount for Application– Rs. 5000/ & in multiples of Rs.1 for purchases and of Re 0.01 for switches

Minimum Additional The amount for Application– Rs. 1000/ & in multiples of Rs.1 for purchases and Re 0.01 for switches

Load Structure –

Entry Load=Nil

Exit Load=

For redemption within 1 year from the date of allotment of units irrespective of the amount of investment is 1%

For redemption after 1 year from the date of allotment units irrespective of the amount of investment is Nil

Fund Manager – Mr. Arjun Khanna

TER Complete – 2.25%

SIP/STP – Available

Taxation – Debt Scheme Taxation

Why to invest

Diversification

A growth source

Potential return enhancement

 

   KOTAK GLOBAL INNOVATION FUND OF FUND-In this blog we had discuss about "KOTAK GLOBAL INNOVATION FUND"

 




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