What is Kotak Income Plus Scheme?
Kotak Income Plus invests 80% - 100% in debt and money market instruments and 0 - 20% in equity related instruments. The scheme endeavours to provide safety of a debt fund with superior returns of equity product. To ensure safety of a debt fund the scheme invests in top rated debt instruments thereby ensuring good credit quality and liquidity.
 |
Allotment Date: 2nd December, 2003 |
3 Features of MF Kotak Income Plus
- Open Ended Debt Scheme
- 80% - 100% debt and 0 - 20% equity investments
- Investments in top rated debt instruments
Fund Managers
Krishna Sanghvi
Sajit Pisharodi
Abhishek Bisen
See Kotak Income Plus Features
( + )( - )| Investment Objective |
|---|
| To enhance returns over a portfolio of debt instruments with a moderate exposure in equity and equity related instruments. |
| Investment Pattern |
| Debt & Money Market instruments : 0% - 100% Equity & Equity related securities : 0% - 20% |
| Benchmark Index |
| CRISIL MIP Blended Index |
| Investment Horizon |
| More than 1 year |
| Estimated Recurring Expenses |
| 2.25% |
| Investment Options |
| Growth, Dividend Payout, Dividend Re-Investment. |
| Dividend Frenquency |
| Monthly - 12th of every month Quarterly - 20th of Mar/Jun/Sep/Dec |
| Minimum Investment |
| Dividend Re-investment & Growth and Dividend Payout (Quarterly) - Rs. 5000 & above Dividend Payout (Monthly) - Rs. 50,000 & above |
| Cheques / DD to be drawn in favour of |
| Kotak Income Plus |
| Minimum Redemption Size |
| Rs. 1000/- or 100 units |
| Payout Schedule |
| Transaction day + 1 working day |
| Cut off for Transactions |
| 3 PM Note : If the investment amount is greater than or equal to Rs. 1,00,00,000 : The closing NAV of the day on which the funds are available for utilization, irrespective of the time of receipt of application |
| Entry Load |
| NIL |
| Exit Load |
| For redemptions / switch outs (including SIP/STP) within 1 year from the date of allotment of units, irrespective of the amount of investment: 1% |
Want to buy Kotak MF schemes online?
If you are an existing Kotak Mutual Fund investor, click here to invest online
If you are a new investor, make your first transaction through a Mutual Fund distributor first. Then, follow these steps to generate your PIN:
| 1. Apply for PIN to start your online transaction. Click here for the Pin Request Form. | |
| 2. Submit the Pin Request form at: | |
| a. any of the Kotak Mutual Fund branches (click here to view list of branches) OR | |
| b. any of the CAMS Investor Service Centers. | |
| 3. Now transact online with your folio number and your newly generated Pin number |