Kotak Multi Asset Allocation Fund

 Kotak Multi Asset Allocation Fund​ - NFO  (Apply Now link will be available soon)

 

Scheme Details

Launch Date : 31st August, 2023

Close Date : 14th September, 2023

Type : An Open Ended Scheme investing in Equity, Debt & Money Market Instruments, Commodity ETFs and Exchange Traded Commodity Derivatives.

Plans :  A) Regular Plan B) Direct Plan

Option: Payout of IDCW, Reinvestment of IDCW & Growth (applicable for all plans)

Minimum application amount : Initial Investment: ₹5000 and in multiple of ₹1 for purchase and for ₹0.01 for switches

Minimum Additional Investment: ₹1000 & in multiples of ₹1

Entry load : NIL

Exit load  : 8% of the units allotted shall be redeemed without any Exit Load on or before completion of 1 Year from the date of allotment of units.

Any redemption in excess of such limit within 1 Year from the date of allotment shall be subject to the following Exit Load: a) If redeemed or switched out on or before completion of 1 Year from the date of allotment of units-1.00% b) If redeemed or switched out after completion of 1 Year from the date of allotment of units-NIL

Redemption of units would be done on First In First Out Basis (FIFO).

Any exit load charged (net off Goods & Service Tax, if any) shall be credited back to the respective Scheme. Units issued on reinvestment of IDCW shall not be subject to entry and exit load.

Fund manager : Mr. Abhishek Bisen, Mr. Devender Singhal, Mr. Arjun Khanna

Benchmark Index : 90% Nifty 50 Hybrid Composite Debt 50:50 Index+5% Price of Physical Gold +5% MSCI World Index

5 Reasons to invest in this fund

Potential for Growth: This fund aims at long term capital growth, suitable for goal-oriented investors

Diversification: This fund invests in a broad range of asset classes including equities, Debt, Commodity ETFs & ETCDs, Overseas Investments (up to available investment limits) & Units of Reits & Invits^. This inherent diversification can help to reduce volatility, as the performance of one asset class may balance the performance of another, potentially leading to better risk-adjusted returns. They're designed to maintain a certain risk level by adjusting the asset allocation based on market conditions.

Convenience: Multi-asset funds offer a convenient investment solution by providing exposure to multiple assets at one go. This fund can be like a One-Size-Fits-All solution suitable for both Lumpsum & SIP investments.

Professional Management: The fund is managed by professional fund managers with collective expertise across asset classes. These managers have the resources and skills to conduct in-depth market analysis and make investment decisions. This fund can provide a balanced asset allocation without the need for an investor to manually adjust their portfolio.

Tax Efficiency: This fund has the advantage of Equity Taxation, with 15% tax on Short term capital gains upto Rs.1 lakh for a span of 12 months & 10% tax on Long term capital gains after 12 months above Rs. 1 lakh*

This product is suitable for investors who are seeking:*

 A) Long term capital growth.

 B) Equity & Equity related Securities, Debt & Money Market Instruments, Commodity ETFs and Exchange Traded Commodity Derivatives

       

                             

 

 

Source: *ICRA MFI Explorer

(Disclaimer: The content herein does not consider individual investor’s objectives, risk appetite or financial needs or circumstances or the suitability of the mutual fund products described herein. Hence, investors are advised to consult their professional investment adviser/ consultant/ tax advisor for investment advice. 

A mutual fund scheme is NOT a DEPOSIT product and is not an obligation of, guaranteed, or insured by the mutual fund or its AMC. Due to the nature of the underlying investments, the returns or the potential returns of a mutual fund product cannot be guaranteed. When presented, historical performance is purely for reference purposes and does not guarantee future results)

Mutual funds are solely Distributed by GoldenFundswala under AMFI ARN- 246349, BSE Star MF- 57315 

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.