Kotak Mutual Fund has taken over Pinebridge Mutual Fund with the following changes:
Existing Name | Proposed Change | Modified Name |
Pinebridge India Equity | Merger | Kotak Select Focus |
Pinebridge India Liquid | Merger | Kotak Mahindra Liquid Scheme |
Pinebridge Q Interval Series I | Merger | Kotak Q Interval Series I |
Pinebridge Q Interval Series II | Merger | Kotak Q Interval Series II |
Pinebridge Infrastructure and Economic Reform | Change in name | Kotak Infrastructure and Economic Reform |
Pinebridge World Gold | Change in name | Kotak World Gold |
Pinebridge India-US Equity | Change in name | Kotak US Equity |
Pinebridge India Short Term | Change in attributes | Kotak Low Duration |
Pinebridge India Total Return Bond | Change in attributes | Kotak Corporate Bond |
Existing investors who do not wish to continue with the scheme in view of the proposed changes can exit from the scheme from December 31, 2014 to January 29, 2015.