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Objective : Kotak Floater Long Term fund seeks to reduce the interest rate risk assosciated with investments in fixed rate instruments by investing predominantly in floating rate securities, money market instruments and using appropriate derivatives.
Structure : Open Ended Debt Scheme
Inception Date : September 29, 2005
Plans and Options under the Plan :
Growth, Dividend
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
Rs.5000.
Entry Load : Nil
Exit Load : For investment less than or equal to Rs. 10 lacs, For exit within 6 months: 0.50%. For investment greater than Rs. 10 lacs: Nil.
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