Kotak MF Launches Kotak Manufacture In India Fund; Check NFO Details

In India manufacturing is getting a boost from all the sectors, and in an attempt to boost the manufacturing in India, Kotak Mahindra Asset Management Company (AMC) has announced the launch of the Kotak Manufacture-in-India Fund, a fund that would invest in India's publicly traded companies engaged in manufacturing. Kotak Mutual Fund provides a variety of schemes, including equity-oriented, debt-oriented, hybrid, FMPs, Fund of Funds, ETFs, and Index funds.

Kotak Manufacture-in-India-Fund

Kotak Manufacture-in-India-Fund is a thematic fund from the house of Kotak Mutual Fund. It is an open-ended fund that aims to build a diverse portfolio of manufacturing-related enterprises. It invests in manufacturing enterprises, offering investors the potential to create wealth with the developing Indian economy. The fund will seek to produce capital appreciation by investing in a diverse portfolio of firms with a manufacturing focus.

The scheme will invest in equity and equity-related instruments of companies that are part of the manufacturing theme and engage in activities such as directly engaged in manufacturing activities, benefiting from the Government's Manufacture in India initiatives, and replacing India's imports through manufacturing in India. Exporting items made in India has the potential to boost employment in the nation, invest in new manufacturing plants/facilities, and contribute to the development of cutting-edge technology solutions.

NFO Details and Investment

Details

NFO Launched And Closing Date: February 01, 2022, and will close on February 15, 2022.
Fund Manager: Harish Krishnan (Equity) and Abhishek Bisen (Debt).

Investment

Min.Investment (NFO)	Rs 5000
Min. Application Amount	Rs 5,000
Minimum Investment	Rs 5,000
Min For SIP	Rs 500

Should You Invest?

This fund is suitable for investors looking to diversify their portfolios and get exposure to manufacturing businesses. As the fund manager of this scheme will allocate the capital to equities and equity-related securities with a relatively limited allocation to debt and money market instruments, this fund will be ideal for investors with high-risk appetites.