Kotak Mahindra Asset Management Company today announced it would be launching their latest fund-of-fund named 'Kotak Gold Fund'.

The open ended fund would be providing investors to take exposure to gold without having a demat account. In addition to this Kotak AMC will offer investors the option to invest as little as Rs 1000 per month through the SIP route.

The Kotak Gold Fund will be open for subscription from March 4 to March 18, 2011 and its performance will be benchmarked against the prices of physical gold.