Notice No20210301-5Notice Date01 Mar 2021
CategoryTradingSegmentMutual Fund
SubjectExtension of NFO of KOTAK Mutual Fund on BSE StAR MF Platform
Content

This is with reference to Notice No. 20210216-42 dated February 16, 2021 regarding Launch of New Fund Offer with SIP facility of KOTAK Mutual Fund on BSE StAR MF Platform.

MFIs/MFDs/RIAs are hereby informed that we have received communication from KOTAK AMC regarding extension of KOTAK NIFTY NEXT 50 INDEX FUND from February 24, 2021 to March 03, 2021 on BSE StAR MF platform.

Also, said NFO will get extended till midnight on March 03, 2021 on the BSE StAR MF Platform. 

MFDs/RIAs/RFDs are also hereby informed that, AMC confirmed that allotment for NFO scheme will be done on March 10, 2021 hence the clear funds has to be available in ICCL Account by 3.00pm on March 5, 2021. 

 

Ketan Jantre                                                Zeeta Eustace 

Sr. General Manager – Mutual Funds       Asst. General Manager – Mutual Funds