|
|
|
|
  |
| NOTICES |
|
| Notice No. |
|
20220629-29 |
|
Notice Date |
|
29 Jun 2022 |
|
| Category |
|
Trading |
|
Segment |
|
Mutual Fund |
|
| Subject |
|
Change in SIP scheme details of KOTAK Mutual Fund on BSE StAR MF Platform |
|
|
|
|
|
| Content |
|
|
MFIs/MFDs/RIAs are hereby informed that we have received communication from KOTAK MUTUAL FUND regarding change in Minimum amount & Minimum Number of Instalment against the SIP Investment Amount Range under Monthly & Quarterly SIP frequency for below schemes on BSE StAR MF Platform with immediate effect.
The SIP/XSIP/ISIP investment amount range and requirement of minimum installment numbers are as below:
|
Sr. No
|
Scheme Name
|
SIP Option 1
|
SIP Option 2
|
|
1
|
KOTAK BALANCED ADVANTAGE FUND
|
Rs. 100 to Rs. 999 x 10 instalments
|
Rs. 1000 x 6 instalments
|
|
2
|
KOTAK BLUECHIP FUND
|
Rs. 100 to Rs. 999 x 10 instalments
|
Rs. 1000 x 6 instalments
|
|
3
|
KOTAK EQUITY ARBITRAGE FUND
|
Rs. 500 to Rs. 999 x 10 instalments
|
Rs. 1000 x 6 instalments
|
|
4
|
KOTAK FLEXICAP FUND
|
Rs. 500 to Rs. 999 x 10 instalments
|
Rs. 1000 x 6 instalments
|
|
5
|
KOTAK GLOBAL INNOVATION FUND OF FUND
|
Rs. 100 to Rs. 999 x 10 instalments
|
Rs. 1000 x 6 instalments
|
|
6
|
KOTAK MANUFACTURE IN INDIA FUND DIRECT PLAN
|
Rs. 500 to Rs. 999 x 10 instalments
|
Rs. 1000 x 6 instalments
|
|
7
|
KOTAK MULTICAP FUND
|
Rs. 500 to Rs. 999 x 10 instalments
|
Rs. 1000 x 6 instalments
|
|
8
|
KOTAK NIFTY SDL APR2027 TOP 12 EQUAL WEIGHT INDEX FUND
|
Rs. 500 to Rs. 999 x 10 instalments
|
Rs. 1000 x 6 instalments
|
|
9
|
KOTAK NIFTY SDL APR2032 TOP 12 EQUAL WEIGHT INDEX FUND
|
Rs. 500 to Rs. 999 x 10 instalments
|
Rs. 1000 x 6 instalments
|
MFIs/MFDs/RIAs are also hereby informed that, as confirmed by KOTAK MUTUAL FUND if SIP/XSIP/ISIP gets registered on BSE star MF platform for Monthly & Quarterly frequency between above investment amount range then minimum installment numbers should be selected by members as provided in above table to avoid rejections from AMC end.
Ketan Jantre Zeeta Eustace
Sr. General Manager – Mutual Funds Dy. General Manager – Mutual Funds |
|