Issue Details

 
 
 NFO Opens  Friday, 27th July 2018
 NFO Closes  Friday, 10th August 2018
 Date Of Allotment  20-Aug-2018 (Tentative). Any Change will be intimated
 Date Of Scheme Re-opening for Ongoing Offer  27-Aug-2018 (Tentative). Any Change will be intimated
 
 
Mode of Investment / Cut-off for deposits for various Remittance Modes
 Transfer Cheques  / MICR Cheques (Payable locally)  All cheques need to be banked in Kotak Bank through CMS arrangement. The CMS code “NFOCRY” need to be used in “Client Code” field in the CMS Deposit slip. Applications accompanied with Cheque/instruments of value date greater than 10-AUG-2018 will be rejected.  Outstation & Non-CTS Cheques will not be accepted. 
 RTGS / NEFT / Electronic Transfers  Amount should be credited by 10-AUG-2018. The beneficiary Kotak bank account details are as follow:
 1)       A/c No:  9211876640
 2)       A/c Name: MAHINDRA MUTUAL FUND -COMMON NFO COLLECTION ACCOUNT
 3)       IFSC : KKBK0000958
 4)       Branch: Nariman Point, Mumbai.
 Cash Investments  Cash Investments are not accepted in this NFO.
 
 
Features of Mahindra Credit Risk Yojana
 Scheme Name  Mahindra Credit Risk Yojana
 Options  Growth, Dividend Reinvestment & Dividend Payout
 Dividend Frequencies  Quarterly & Discretionary
 Minimum Investment for Purchases  Rs. 1,000/- and in multiples of Rs. 1/- thereafter
 Minimum Investment for SWITCH  Rs. 1,000/- and in multiples of Rs. 0.01/- thereafter. The Switch-Out Request will be accepted till the cut-off timings on 10-AUG-2018.
 Entry Load  Not Applicable
 Exit Load  Nil exit load upto 10% of the units redeemed/switched-out within 1 Year from the date of allotment and if units in excess of  the above limit are redeemed /switched-out within 1 year,  1% will be charged.  
  No Exit Load if units are redeemed /switched-out after 1 year.
  SIP/Top-Up SIP/SWP/STP/ Flex STP/ CASTP  Available (for "OUT" transactions)
  

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