In the preparation of the material contained in this document, Kotak Mahindra Bank Ltd, has used information that is publicly available, including information developed in house. Some of the material used in the document may have been obtained from members/ persons other than the Kotak Mahindra Bank Ltd and / or its affiliates and which may have been made available to Kotak Mahindra Bank Ltd and / or its affiliates. Information gathered & material used in this document is believed to be from reliable sources.Kotak Mahindra Bank Ltd however does not warrant the accuracy, reasonableness and / or completeness of any information. For data reference to any third party in this material no such party will assume any liability for the same.Kotak Mahindra Bank Ltd and / or any affiliate of Kotak Mahindra Bank Ltd does not in any way through this material solicit any offer for purchase, sale or any financial transaction / commodities / products of any financial instrument dealt in this material. All recipients of this material should before dealing and or transacting in any of the products referred to in this material make their own investigation, seek appropriate professional advice

We have included statements / opinions / recommendations in this document which contain words or phrases such as "will", "expect" "should" and similar expressions or variations of such expressions, that are "forward looking statements". Actual results may differ materially from those suggested by the forward looking statements due to risks or uncertainties associated with our expectations with respect to, but not limited to, exposure to market risks, general economic and political conditions in India and other countries globally, which have an impact on our services and / or investments, the monetary and interest policies of India, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or other rates or prices, the performance of the financial markets in India and globally, changes in domestic and foreign laws, regulations and taxes and changes in competition in the industry. By their nature, certain market risk disclosures are only estimates and could be materially different from what actually occurs in the future. As a result, actual future gains or losses could materially differ from those that have been estimated.

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Mutual Fund investments are subject to market risks. Please read the offer document carefully before investing