Resumption of subscription in Kotak Global Emerging Market Fund

Kotak Mahindra Mutual Fund has announced resumption of subscription in Kotak Global Emerging Market Fund, with effect from September 4, 2024. Investors can now invest in the fund through lumpsum and fresh SIP/STP transactions.

Previously, new investments in the fund were temporarily halted from February 2, 2022, due to overseas investment limits prescribed for mutual fund industry. However, SEBI later allowed mutual funds to resume investments if there is a head room available up to its overseas investment limit as of February 1, 2022.

The fund is now open to make use of its headroom limit available.