Kotak Dynamic Term Fund: Inactive Scheme Details
By Market Desk
Explore the Kotak Dynamic Term Fund Regular (SS)-Growth, an inactive debt and money market scheme launched in 2004. Learn about its past NAV and investment details.
Hey there! If you’re exploring mutual funds, you might come across names like the Kotak Dynamic Term Fund Regular (SS)-Growth. It’s important to know that while this fund once aimed to maximize returns from debt and money market securities, it’s currently inactive and not accepting new investments.
Key Fund Details
- Launched on December 6, 2004, by Kotak Mahindra Mutual Fund.
- Its Net Asset Value (NAV) was recorded at 25.13 as of October 21, 2016.
- The minimum lump sum investment was Rs. 5,000.
- A minimum SIP investment of Rs. 100 was required.
This scheme’s core objective was to actively manage a diverse portfolio of debt and money market securities to maximize returns for its investors. It offered a way to invest in various fixed-income instruments.
Understanding Its Portfolio Holdings
The fund strategically allocated its investments across different types of debt, aiming for stability and growth. Knowing where your money would have gone helps you understand its approach.
- Government of India (GOI) securities.
- State Development Loans.
- Corporate debentures from entities like Muthoot Finance Ltd and Vedanta Ltd.
While the Kotak Dynamic Term Fund Regular (SS)-Growth is no longer active for fresh investments, understanding its structure and history can still offer insights into how debt mutual funds operate. It’s a good reminder to always check a fund’s current status before making investment decisions.