Kotak Mutual Fund Revises Exit Load for Transportation and Logistics Fund

Kotak Mutual Fund has announced a revision in the exit load structure for its Kotak Transportation & Logistics Fund. Previously, an exit load of 1% was applicable for redemptions made within 30 days of investment. Effective immediately from December 23, 2024, this has been revised to 1% for redemptions within 90 days.

NFO Timeline and Fund Details

• NFO Period: November 25, 2024, to December 9, 2024
• Allotment Date: December 16, 2024
• Minimum Investment Amount: ₹100

Investment Objective and Focus

The Kotak Transportation & Logistics Fund aims to generate long-term capital appreciation by investing primarily in equity and equity-related securities of companies engaged in transportation, logistics, and related activities.

Its focus sectors include:

• Logistics providers
• Freight and cargo services
• Supply chain management firms
• Infrastructure companies supporting transportation growth

Benchmark and Fund Management

• Benchmark Index: Nifty Transportation & Logistics Total Return Index
• Fund Managers: Nalin Rasik Bhatt & Abhishek Bisen

About the Fund Managers:

Nalin Rasik Bhatt has over 20 years of experience in equity research and fund management. He has been associated with Kotak Mahindra AMC since February 2016 and brings in-depth expertise to manage this sectoral fund.

Abhishek Bisen has been associated with the company since October 2006 and his key responsibilities include fund management of debt schemes.

Want to plan regular withdrawals? Our SWP Calculator helps you calculate how much you can withdraw while keeping your investments intact. Try it now!

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.