With effect from 1 March 2011
Kotak Mutual Fund has decided to change the name of Kotak Mahindra Income Plus Scheme to Kotak Monthly Income Plan with effect from 1 March 2011.
Kotak Monthly Income Plan is an open ended income scheme which has the investment objective to enhance returns over a portfolio of debt instruments with a moderate exposure in equity and equity related instruments.
Source: http://www.navindia.com/story10-22.asp?sno=459311
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