KOTAK Lifestyle Fund closes on Wednesday

KOTAK Lifestyle Fund New Fund Offer which opened for subscription on January 24, 2006 will close on Wednesday (February 22, 2006). The minimum investment under this scheme is Rs.5000. The fund has an entry load of 2.25% and exit load depends on tenure of holding.

The investment objective of the fund is to generate long-term capital appreciation from a portfolio of equity and equity related securities, generally diversified across companies, which are likely to benefit by changing lifestyle and rising consumerism in India.

Source : Equity Bulls

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