Posts

Showing posts from July, 2021

Kotak Global Innovation Fund of Fund

Image
Kotak Global Innovation Fund of Fund Kotak mutual fund's ongoing NFO "Kotak Global Innovation Fund of Fund" open for subscription from  July 08 to 22.. This fund will invest in units of Wellington Global Innovation Fund. Which gives you the opportunity to invest in global innovators like; Amazon, Facebook, Google, Visa, Astrazeneca, WaltDisney, Netflix Etc.  Introduction As a global innovation fund  1- It will gives you the opportunity to invest in global innovative companies with structural growth opportunities. 2- Innovation can drive growth and hence not dependent on global cycle 3- Ultimately it gives exposure to secular themes which are not available in India or negligible As far as performance is concerned it beats the benchmark MSCI all country world Index TRI. since its inception. Fund return @27.74% , while Benchmark return @15.86% Scheme Features Scheme Name- Kotak Global Innovation Funf Of Fund Scheme Type - Open ended fund of fund investing units of Wellingto...