Kotak MF launches Kotak Medium Term Fund

Tags: Mutual Funds
Kotak Mutual Fund has launched a new scheme -- Kotak Medium Term Fund -- which is an open-ended debt fund.

The new fund offer, which will be open for subscription from February 28, will close on March 13, 2014, a company release said.

The new scheme is an open ended debt scheme which seeks to generate regular income and capital appreciation by investing in medium-term debt and money market instruments, it said.

"We believe that inflationary pressures coming off in future could mean RBI easing liquidity and maintaining status quo on rates. This could result in easing of yields translating into potential mark-to-market gains in fixed income portfolios such as the Kotak Medium Term Fund.

"Hence a conservative investor with a 2 years horizon could look at investing in the product," Chief Investment Officer (Debt) and Head Products of Kotak Mutual Fund, Lakshmi Iyer said.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Sanskrit does not compare with German in the job market

    While there can be no argument that the importance of Sanskrit as an all-India language needs to be emphasised, particularly for the young generation

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

M S Swaminathan

Public good research in agriculture

Public good research in agriculture is designed to promote risk ...

Zehra Naqvi

To hell and back

Here is a book that makes you wish there were ...

Bubbles Sabharwal

When your real & reel life heroes are the same

ALL the world’s a stage and we all are merely ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture