Kotak Mutual Fund's NFO - Kotak Indo World Infrastructure Fund

Kotak Mutual Fund launch the NFO, name as “Kotak Indo World Infrastructure Fund”

The New Fund Offer of the scheme opens on 27th November, 2007 (Tuesday) and closes on 22nd December, 2007 (Saturday)

MINIMUM INVESTMENT :

Rs. 5000/- (Rupees Five Thousand only) and in multiple of Re. 1

Scheme Type:

3 year close-ended equity scheme

OPTIONS

Growth, Dividend Reinvestment and Dividend Payout.

LOAD STRUCTURE :

Entry Load : NIL

Exit Load (During Liquidity Window) : NIL. However, as per SEBI circular dated April 4, 2006, balance proportionate unamortised issue expenses shall be recovered from the exiting unitholders.

However, where an investor wants to switch his investments from one option to other option under the same scheme, initial issue expenses would not be recovered for such switch.

LIQUIDITY :

Last business day of every month. The first such liquidity window shall be on last business day of the third month from the date of allotment.

MATURITY OF THE SCHEME:

Three years after the date of allotment.