MFIs/MFDs/RIAs/RFDs are hereby informed that KOTAK Mutual Fund will be offering KOTAK FIXED MATURITY PLAN SERIES 330-98 DAYS - NFO with effect from April 25, 2024, to April 29, 2024, on BSE StAR MF Platform.
The scheme details are given below:
|
Sr. No
|
Scheme Name
|
Scheme Category
|
ISIN
|
Tentative Allotment date
|
|
1
|
KOTAK FIXED MATURITY PLAN SERIES 330-98 DAYS - REGULAR PLAN – GROWTH
|
DEBT
|
INF174KA1RS8
|
02-May-2024
|
|
2
|
KOTAK FIXED MATURITY PLAN SERIES 330-98 DAYS - REGULAR PLAN - IDCW PAYOUT
|
DEBT
|
INF174KA1RT6
|
02-May-2024
|
|
3
|
KOTAK FIXED MATURITY PLAN SERIES 330-98 DAYS - DIRECT PLAN - GROWTH
|
DEBT
|
INF174KA1RU4
|
02-May-2024
|
|
4
|
KOTAK FIXED MATURITY PLAN SERIES 330-98 DAYS - DIRECT PLAN - IDCW PAYOUT
|
DEBT
|
INF174KA1RV2
|
02-May-2024
|
MFIs/MFDs/RIAs/RFDs are also hereby informed that, transactions for which the client has not initiated the funds till 9:00 AM on T + 1 day (Including transactions executed during extended period of NFO) will be cancelled and CC with N flag will be reported to the RTA/AMC. The transactions for which the client has initiated the payment will remain pending in the system till 3:00 PM on the last day of making funds pay-out to the AMC for the said NFO or T + 5 whichever is earlier.
Also, MFIs/MFDs/RIAs/RFDs are hereby informed that AMC confirmed the tentative allotment date for above scheme will be done on May 02, 2024, hence the clear funds have to be available in ICCL Account by 6:00 pm on April 30, 2024.
The Cheques & OTM payments are acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00pm on April 30, 2024, to avail the allotment of units under KOTAK FIXED MATURITY PLAN SERIES 330-98 DAYS - NFO.
Switches shall be accepted during the NFO period subject to receipt of funds under NFO scheme on or before the allotment date. If funds for switch out scheme received after the NFO allotment date, then same will not be considered for allotment at AMC/RTA end.
The said NFO will get extended till midnight on April 29, 2024, on BSE StAR MF Platform.
Ketan Jantre Zeeta Eustace
Chief General Manager – Mutual Funds Additional General Manager – Mutual Funds |