Bonanza Finmart
19, November 2018 09:23 PM
Monday, Nov 19 2018 12:00:00 AM      Reliance Fixed Horizon Fund - XXXX- Series 1, Floats On      Kotak FMP Series 252 Floats On      BOI AXA Small Cap Fund Floats on      Tata Fixed Maturity Plan Series 56 Scheme F Floats On      Mirae Asset NIFTY 50 ETF Floats On        MUTUAL FUND NEWS
MUTUAL FUNDS
What is Mutual Funds?
History
Advantages
Myths and Facts
Types of Schemes
Daily NAV
MF Schemes Returns (%)
Top Performers
Sector performance
Top Scheme-Assetwise
Least Volatile Scheme
News
New Fund Offer
Dividend Details
Recommended Funds
Fund Manager's Interview
Synopsis
Fund House Information
MF Scheme Details
Mutual Fund Activity
Historical NAV
Scheme Comparison
Portfolio Comparison
Top 10 Holdings
What's In/Out
NRI @ Bonanza
Document Required
NRI FAQs
Mutual Fund FAQs
How to Invest Online
FAQ MF SIP
KYC FAQs
Returns-Calculator
Rank Calculator
SIP Calculator
SIP as per need
SIP Table
SIP Need Calculator
SIP cost Calculator
Common Redemption Slip
KYC Form - Individuals
KYC Form - Non Individuals
KYC Change - Individuals
KYC Change - Non Individuals
KYC Annexure - Non Individuals
Tax Reckoner 2015-16
Mutual Fund Glossary
Tax Implication
Disclosure & Circulars
Mutual Fund News Your results on : Mutual Fund | Mutual Fund News | Mutual News Details
Back
Kotak Balanced Advantage Fund Floats On
(12 Jul 2018, 12:21)
Kotak Mutual Fund has launched a new fund named as Kotak Balanced Advantage Fund (an open ended dynamic asset allocation fund). The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 13 July to 27 July 2018.

The investment objective of the scheme is to generate capital appreciation by investing in a dynamically balanced portfolio of equity & equity related securities and debt & money market securities.

The scheme offers growth and dividend (payout & reinvestment) option.

The scheme shall invest 65% - 100% of assets in equity & equity related securities and invest upto 45% of assets in equity derivatives with high risk profile and invest upto 35% of asset in debt securities & money market instruments with low to medium risk profile and invest upto 10% of asset in units of REITs & INVITs with Medium to high risk profile.

The minimum application amount is Rs 5000 and in multiples of Rs 1 for purchase.

The minimum additional purchase amount is Rs 1000 and in multiples of Rs 1 for purchase.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme.

Entry load: NIL

Exit load: For redemption/switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.

If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%.

If units are redeemed or switched out on or after 1 year from the date of allotment: Nil.

The scheme performance will be benchmarked against Nifty 50 Hybrid composite debt 50:50 Index which is based on 50% Nifty 50 TRI and 50% of Nifty composite debt index.

The fund managers of the scheme Deepak Gupta & Harish Krishnan will be the Fund Manager for investments in equity and equity related instruments. Abhishek Bisen will be the Fund Manager for investments in debt and money market instruments. Arjun Khanna will be the Dedicated Fund Manager for investments in foreign securities.

Powered by Capital Market - Live News

Bonanza's Range of Services
Trading | Real Estate | Medical Tourism | Gold Coins | Corporate Solutions
Contact Us | Backoffice | Adrenalin | Sales Report | Sitemap
Customers can send in their grievances to:customer-care@bonanzafinmart.com
NSE CM: INB 230637836|NSE F&O: INF 230637836|NSE CDS: INE 230637836|BSE CM: INB 011110237|BSE F&O: INF 011110237|MCX-SX: INE 260637836|ARN : 0186
2011 © bonanzafinmart.com. All rights reserved
Designed, Developed and Content provided by C-MOTS Infotech ( ISO 9001:2008 certified )