Kotak Mahindra Mutual Fund (MF) has launched the Kotak FMP Series 266-1188 days, a close ended income scheme. The NFO opens for subscription on March 18, 2019 and closes on March 19, 2019. No entry load and exit load will be applicable for the scheme.
The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. The Scheme will invest in debt and money market securities, maturing on or before maturity of the scheme.