Nilesh Shah, group president & managing director, Kotak MF said, “Interestingly, of the Rs 3,500 crore NFO collection, 25 per cent came from Tier II towns and more than 10 per cent of the 150,000 applications received came through systematic investment plans (SIPs).”
Kotak Multicap Fund will invest 25 percent each in mid-cap, small-cap and large-cap stocks, and the balance 25 percent will be invested across market cap opportunistically.
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