NFO Update: Kotak Mutual Fund launches CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Kotak Mutual Fund: The scheme focuses on AAA-rated corporate bonds, commercial papers, and certificates of deposit issued by financial institutions. Designed with a fixed duration, it maintains a constant maturity profile, ensuring stable exposure to a specific timeframe. Additionally, constant maturity index funds are generally cost-efficient, as they typically do not impose entry or exit loads, enhancing investor affordability.