This content is from:APP亚博娱乐
Kotak Mahindra MF Floats Income Fund
Mumbai-based Kotak Mahindra Mutual Fund has rolled out a 370-day closed-end income scheme.
Mumbai-basedKotak Mahindra Mutual Fundhas rolled out a 370-day closed-end income scheme,Moneylife Personal Financereports. Looking to contain the interest rate risk, theKotak FMP Series 62is eyeing investments in debt and money market securities, maturing on or before the maturity of the scheme.
The new fund will be managed byAbhishek BisenandMayank Prakash. The scheme, due to close October 19, will track theCrisil Short Term Bond Index.
Click here for the story fromMoneylife Personal Finance.