The Fund invests in INR denominated debt securities issued by central / state governments or Indian linked corporates. Majority of the fund’s holdings are held in Sovereign or AAA rated debt. The Fund is subject to INR currency risk, sovereign risk of India, regulatory changes and various political and geopolitical risks besides interest rate and credit risks. It is suitable for investors with a medium to long term investment horizon and a bullish view of the Indian economy and political environment.
The Investment Manager Kotak Mahindra Asset Management MAS regulated. It is structured as an unregistered private sub fund of Kotak Funds, which is an open-ended investment company organised as a UCITS V Compliant SICAV in Luxemburg and regulated by Luxembourg's CSSF.