Kotak Manufacture in India Fund

 

Scheme Name: Kotak Manufacture in India Fund

Type of the Scheme: An open-ended equity scheme following manufacturing theme.

Benchmark: Nifty India Manufacturing Total Return Index

What is Kotak Manufacture In India Fund?

It is an open-ended equity scheme following a manufacturing theme. It invests in companies engaged in manufacturing activities, giving you an opportunity for wealth creation alongside the growing Indian economy. 

Investment Objective: The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity related instruments which invests interalia into companies that are part of manufacturing theme and engage in following activities:

• directly engage in manufacturing activity,
• benefit from Government’s Manufacture in India initiatives,
• replace India’s imports by manufacturing in India
• Export goods manufactured in India
• have the potential to increase employment in India
• invest in new manufacturing plants/facilities
• aid manufacturing of new age technology solutions

Where will the scheme(s) invest?

Subject to the Regulations, the amount collected under each of the scheme can be invested in any (but not exclusively) of the following securities/ instruments, as per the indicative asset allocation given under the heading How will the Scheme allocate its assets: 

• Equity and equity related securities including convertible bonds and debentures and warrants carrying the right to obtain equity shares. 
• Companies coming out with IPO 
• Securities created and issued/ guaranteed by the Central and State Governments and/or repos/reverse repos in such Government Securities as may be permitted by RBI (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills). 
• Debt obligations of domestic Government agencies and statutory bodies, which may or may not carry a Central/State Government guarantee (including but not limited to Indian Government Bond, State Development Loans issued and serviced at the Public Debt Office, Bonds issued by Central &State Government PSU’s which are guaranteed by Central or State Governments).
• Corporate debt (of both public and private sector undertakings) including Non-convertible debentures (including bonds) and non-convertible part of convertible securities.
• Short Term Deposits of banks (both public and private sector) and development financial institutions to the extent permissible under SEBI Regulations
• Money market instruments permitted by SEBI/RBI, having maturities of up to one year or in alternative investment for the call money market as may be provided by the RBI to meet the liquidity requirements.
• Certificate of Deposits (Cds).
• Commercial Paper (Cps).
• Repo of corporate debt securities.
• Triparty repo on Government securities or treasury bills, Bills re-discounting, as may be permitted by SEBI from time to time.
• Securitised Debt, excluding foreign securitised debt.
• Securities Lending and short selling as permitted by SEBI from time to time
• The non-convertible part of convertible securities.
• Derivative instruments like interest rate swaps, index futures, stock futures, index options, stock option, warrants, convertible securities, or any other derivative instruments that are permissible or may be permissible in future under applicable regulations. To reduce interest rate risk in a debt portfolio, the scheme may hedge the portfolio or part of the portfolio (including one or more securities) on weighted average modified duration basis by using Interest Rate Futures (IRFs) (both perfectly and imperfectly hedged).
• Investment in units of Real Estate Investment Trust (REIT) & Infrastructure Investment Trust (InvIT). 

This Product is suitable for investors who are seeking*

• Long term capital growth
• Investment in equity and equity related securities across market capitalization