Mutual Fund NFO Kotak Pioneer Fund

"Future belongs to those who pioneer it"


Businesses today are outperforming competition through innovation in product, process or business model. As per Scheme Information Document (SID), the investment strategy of Kotak Pioneer Fund is to invest such companies that utilize new forms of production, technology, distribution or processes which are likely to challenge existing markets or value networks, or displace established market leaders, or bring in novel products and/or business models.

 

Due to changing times and boost in the country’s innovation and technology sectors, many companies are coming up with innovative solutions in products, process and business models. Kotak Pioneer Fund aims to participate in the journey of such companies that are challenging the existing markets and creating their own success stories.

 


Source: Global Innovation Index (2018)

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Where does Kotak Pioneer Fund invest in?



  • Product Innovators
  • Companies that demonstrate ability in developing new product/services.

  • Process Innovators
  • Companies that have developed new and innovative ways to produce/deliver services.

  • Value Innovators
  • Companies that have shown new value propositions and ways of using things to customers.

  • New Distribution Technique
  • Companies that reinvent distribution strategies/networks for business advantage.

  • Technology Adopters
  • Companies that have technological advantage or knowledge leadership in their field.

  • Global Innovators
  • Global giants that are leading advancement and are ready to catapult due to their advantage and advance technologies.

Benefits of Kotak Pioneer Fund



Investment Objective

The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity, equity related instruments and units of global mutual funds which invests into such companies that utilize new forms of production, technology, distribution or processes which are likely to challenge existing markets or value networks, or displace established market leaders, or bring in novel products and/or business models. However, there can be no assurance that the investment objective of the Scheme will be realized.

 



Type of Scheme

An open ended equity scheme investing in pioneering innovations theme.

 


Fund Manager

Mr. Harish Krishnan

 



Benchmark

The performance of the Scheme is measured against 85% IISL KOTAK INDIA PIONEERING INNOVATIONS INDEX + 15% MSCI ACWI INFORMATION TECHNOLOGY INDEX TRI. The values of the customised benchmark so calculated, shall be disclosed at least on a quarterly basis on our website. The Trustees reserves right to change benchmark in future for measuring performance of the scheme.

 



Minimum Investment

  • Initial Purchase (Non- SIP) - 5000/- and in multiples of 1 for purchases and 0.01 for switches.
  • Additional Purchase (Non- SIP) - 1000/- and in multiples of 1 for purchases and 0.01 for switches.
  • SIP Purchase - 1000/- (Subject to a minimum of 6 SIP installments of 1000/- each)
 



Load Structure

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% 
  • If units are redeemed or switched out (including SIP/STP) after 1 year from the date of allotment of units, irrespective of the amount of investment: Nil.


Any exit load charged (net off Goods and Services Tax, if any) shall be credited back to the Scheme. Units issued on reinvestment of dividends shall not be subject to entry and exit load

 

 



MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.

 

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Frequently Asked Questions

What is a Mutual Fund?

Mutual fund (MF) is a mechanism for pooling money by issuing units to the investors and investing funds in securities in accordance with objectives disclosed in the offer document.

Investments in securities are spread across a wide cross-section of industries and sectors and thus the risk is diversified because all stocks may not move in the same direction in the same proportion at the same time. Mutual funds issue units to the investors in accordance with the quantum of money invested by them. Investors of mutual funds are known as unitholders.

Investors in proportion to their investments share the profits or losses. Mutual funds normally come out with a number of schemes, which are launched from time to time with different investment objectives. A mutual fund is required to be registered with the Securities and Exchange Board of India (SEBI) before it can collect funds from the public.

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How can I purchase or redeem MF?

Purchase - Login to your Net banking account, select the investment tab and proceed with the purchase option. Select category of scheme eg. Equity or Debt.

For mobile banking investors, you need to login to your mobile banking app, select investment option and then purchase the mutual fund.You can also visit the nearest branch if you need assistance in investing in Mutual funds.

 

Redeem - Login to your Net banking account, select investment tab, and proceed with the redemption option for the required fund transaction.

For mobile banking investors, you need to login to your mobile banking app, select investment option, then select redemption option.

You can also visit the nearest branch if you need assistance to redeem your funds.

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What is a Systematic Investment Plan (SIP)?

An SIP allows an investor to invest regularly. One puts in a small amount every month that is invested in a mutual fund. An SIP allows one to take part in the stock market without trying to second-guess its movements

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What is an Investment Horizon?

An Investment Horizon refers to the length of time that an investor is willing to hold the portfolio for. Investment horizon can be classified as following 

  • Short term: These are investments with a short horizon of 3 months to 2 years. You plan to use the money for a particular thing soon, for example, creating a reserve fund for unexpected spending.
  • Medium term: Investment with a medium-term horizon of 2-5 years. You know that you will need the money in a few years. It is also possible to choose products that correspond to this horizon
  • Long term: Investments with longer-term horizons – 5 years or more. On retirement, for children to study and other longer-term goals.  

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What is KYC and how to get KYC verified for mutual funds investment?

Know Your Client (KYC) registration is mandatory for all investor as per SEBI guidelines. KYC is being centralized through KYC Registration Agencies (KRAs) registered with SEBI. With this, each investor has to undergo the KYC process only once in the securities market and the details would be shared with other intermediaries by the KRAs.

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