MFIs/MFDs/RIAs are hereby informed that KOTAK Mutual Fund will be offering KOTAK FMP SERIES 300 -1223 DAYS -NFO with effect from December 01, 2022 to December 07,2022 on BSE StAR MF Platform.
The scheme details are given below:
|
Sr. No.
|
Scheme Name
|
Scheme Category
|
ISIN
|
Tentative Allotment date
|
|
1
|
KOTAK FMP SERIES 300 -1223 DAYS-REGULAR PLAN-GROWTH
|
DEBT
|
INF174KA1KV7
|
09/12/2022
|
|
2
|
KOTAK FMP SERIES 300 -1223 DAYS-REGULAR PLAN-IDCW PAYOUT
|
DEBT
|
INF174KA1KW5
|
09/12/2022
|
|
3
|
KOTAK FMP SERIES 300 -1223 DAYS-DIRECT PLAN-GROWTH
|
DEBT
|
INF174KA1KX3
|
09/12/2022
|
|
4
|
KOTAK FMP SERIES 300 -1223 DAYS-DIRECT PLAN-IDCW PAYOUT
|
DEBT
|
INF174KA1KY1
|
09/12/2022
|
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 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 December 09,2022 hence the clear funds have to be available in ICCL Account by 6:00 pm on December 08,2022.
The Cheques & OTM payments are acceptable during NFO period subject to receipt of clear funds in ICCL account by 6:00pm on December 08,2022 to avail the allotment of units under KOTAK FMP SERIES 300 -1223 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 6:00 pm on December 07,2022 on BSE StAR MF Platform.
Ketan Jantre Zeeta Eustace
Sr. General Manager – Mutual Funds Dy. General Manager – Mutual Funds |