Kotak Global Innovation Fund of Fund


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 Wellington Global Innovation Fund or any other similar overseas Mf schemes/ETFs.

Plans & Options- Regular and Direct

Options - Growth and IDCW

Minimum application amount- Rs 5000/- and in multiple of rupee 1.Additional purchase of Rs 1000/-thereafter

Entry Load - Nil

Exit Load-  Redemption before one year will attract a exit load of !% .After one year nil.

Fund Manager- Mr Arjun Khanna

Benchmark- MSCI All Country World Index TRI

SIP/STP - Both are Available

Taxation- Debt Taxation

Risk Factor/Suitability- Product is suitable for investors 

1- Looking for long term capital appreciation

2- Investment in the units of Wellington global innovation fund of fund or any other similar mutual fund schemes/ETFs.


Do watch my YouTube video also






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