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Kotak Multi Asset Allocation Fund NFO collects over Rs 3,600 crore

The scheme will invest 65-80% in equity and equity related instruments, 10-25% in debt and money market securities, 10-25% in commodity ETFs, exchange traded commodity derivatives (ETCDs) & any other mode of investment in commodities as permitted by SEBI from time to time, 0-15% in overseas mutual funds schemes/ ETFs/foreign securities, and 0-10% in units of REITs & InvITs.

Kotak Mutual Fund launches Kotak Multi Asset Allocation Fund

The investment objective of the scheme is to generate long term capital appreciation by investing in equity and equity-related securities, debt and money market instruments, commodity ETFs and exchange traded commodity derivatives.

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