Pursuant to a SEBI circular, Kotak Mutual Fund has decided to wind up Kotak MF Quarterly Interval Plan Series 2, Kotak MF Quarterly Interval Plan Series 3, Kotak MF Quarterly Interval Plan Series 6, Kotak MF Quarterly Interval Plan Series 7 and Kotak MF Quarterly Interval Plan Series 9 with effect from April 4, 2016.
The units of the schemes will not be available for trading on National Stock Exchange of India Ltd (NSE) from March 31, 2016.
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The easy half will be done
The regulator has named both halves of the cure for insurance mis-selling. Only the easier half is likely to happen.
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Why the best investors check lists, not just conviction
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When everything sits in one pool, every goal is available for the next tempting idea
Rich people's funds
SEBI has cut a door into the wall that kept most investors out. What lies behind it is less special than the price of admission suggested.
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