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					Kotak Investments                                                                                                                                                                                                                                                                                  R



                                                                                                                                                                                                                                                                                                  R


                                                                                                                                     KEY INFORMATION MEMORANDUM
KOTAK 30                                                KOTAK TAX SAVER                                                                          KOTAK FLEXI DEBT                                                 THE SPONSOR                                      THE TRUSTEE
Kotak Mahindra 30 Unit Scheme                           Kotak Tax Saver Scheme                                                                   Kotak Flexi Debt Scheme                                          Kotak Mahindra Bank Ltd.                         Kotak Mahindra Trustee Co. Ltd.
An Open-Ended Equity Growth Scheme                      An Open-Ended Equity-Linked Savings Scheme                                               An Open-Ended Debt Scheme                                        36-38A, Nariman Bhavan                           5A, 5th Floor, Bakhtawar
Continuous Offer from 21-Jan- 1999                      Continuous Offer from 25-Nov-2005                                                        Continuous Offer from 7-Dec-2004                                 227, Nariman Point                               229, Nariman Point
                                                                                                                                                                                                                  Mumbai 400 021                                   Mumbai 400 021
KOTAK GLOBAL INDIA                                      KOTAK LIFESTYLE FUND                                                                     KOTAK EQUITY ARBITRAGE FUND
Kotak Mahindra Global India Scheme                      Kotak Lifestyle Fund                                                                     Kotak Equity Arbitrage Fund
An Open-Ended Equity Growth Scheme                      An Open-Ended Equity Growth Scheme                                                       An Open-Ended Equity Oriented Scheme
Continuous Offer from 3-Feb-2004                        Continuous Offer from 24-Mar-2006                                                        Continuous Offer from 3-Oct-2005                                           THE ASSET MANAGEMENT COMPANY
                                                                                                                                                                                                                            Kotak Mahindra Asset Management Co. Ltd.
KOTAK OPPORTUNITIES KOTAK BALANCE                                                                                                                KOTAK FLOATER LONG TERM                                                    5A, 5th Floor, Bakhtawar
Kotak Opportunities                                     Kotak Mahindra Balance Unit Scheme 99                                                    Kotak Floater Long Term Scheme                                             229, Nariman Point
An Open-Ended Equity Growth Scheme                      An Open-Ended Balanced Scheme                                                            An Open-Ended Debt Scheme                                                  Mumbai 400 021
Continuous Offer from 10-Sep-2004                       Continuous Offer from 29-Nov-1999                                                        Continuous Offer from 16-Aug-2004

KOTAK MID-CAP                                           KOTAK INCOME PLUS                                                                        KOTAK FLOATER SHORT TERM
Kotak Midcap Scheme                                     Kotak Mahindra Income Plus Scheme                                                        Kotak Floater Short Term Scheme                               This Key Information Memorandum (KIM) sets forth the information, which
An Open-Ended Equity Growth Scheme                      An Open-Ended Income Scheme                                                              An Open-Ended Debt Scheme                                     a prospective investor ought to know before investing. For further details
Continuous Offer from 25-Feb-2005                       Continuous Offer from 3-Dec-2003                                                         Continuous Offer from 15-Jul-2003
                                                                                                                                                                                                               of the Scheme(s) / Mutual Fund, Due diligence certificate by the AMC, Key
KOTAK TECH                                              KOTAK EQUITY FOF                                                                         KOTAK LIQUID                                                  Personnel, Investors’ rights & services, Risk Factors, Penalties & Pending
Kotak Mahindra Technology Scheme                        Kotak Equity FOF                                                                         Kotak Mahindra Liquid Scheme                                  Litigations, Associate Transactions, etc. investors should, before investment,
An Open-Ended Equity Growth Scheme                      An Open-Ended Equity Fund of Funds Scheme                                                An Open-Ended Debt Scheme                                     refer to the Combined Offer Document / Offer Document(s) available free
Continuous Offer from 2-May-2000                        Continuous Offer from 10-Aug-2004                                                        Continuous Offer from 6-Oct-2000
                                                                                                                                                                                                               of cost at any of the Official Acceptance Points or distributors or from the
KOTAK MNC                                               KOTAK BOND                                                                               KOTAK GILT SAVINGS                                            website www.kotakmutual.com.
Kotak Mahindra MNC Scheme                               Kotak Mahindra Bond Unit Scheme 99                                                       Kotak Mahindra Gilt Unit Scheme ’98 (Savings Plan)            The Scheme(s) particulars have been prepared in accordance with Securities
An Open-Ended Equity Growth Scheme                      An Open-Ended Debt Scheme                                                                An Open-Ended Dedicated Gilts Scheme
Continuous Offer from 2-May-2000                        Continuous Offer from 29-Nov-1999                                                        Continuous Offer from 5-Jan-1999
                                                                                                                                                                                                               and Exchange Board of India (Mutual Funds) Regulations, 1996, as amended
                                                                                                                                                                                                               till date, and filed with Securities and Exchange Board of India (SEBI).
KOTAK CONTRA                                            KOTAK BOND SHORT TERM KOTAK GILT INVESTMENT                                                                                                            The Units being offered for public subscription have not been approved or
Kotak Contra Scheme                                     Kotak Mahindra Bond Unit Scheme 99                                                       Kotak Mahindra Gilt Unit Scheme ’98                           disapproved by SEBI, nor has SEBI certified the accuracy or adequacy of
An Open-Ended Equity Growth Scheme                      (Short Term Plan)                                                                        (Investment Plan)
Continuous Offer from 27-July-2005                      An Open-Ended Debt Scheme                                                                An Open-Ended Dedicated Gilts Scheme
                                                                                                                                                                                                               this KIM.
                                                        Continuous Offer from 3-May-2002                                                         Continuous Offer from 5-Jan-1999                              THE DATE OF THIS KEY INFORMATION MEMORANDUM IS November 5, 2007
                                                          KOTAK MAHINDRA 30 UNIT SCHEME                                                  KOTAK MAHINDRA GLOBAL INDIA SCHEME                                                                                    KOTAK MID-CAP SCHEME
               Name of Scheme                                                                                                                                                                          KOTAK OPPORTUNITIES
                                                                   (KOTAK 30)                                                                       (KOTAK GLOBAL INDIA)                                                                                           (KOTAK MID-CAP)
Nature of Scheme                                                                                                                                                            An Open-Ended Equity Growth Scheme
                                                        To generate capital appreciation from                                           To generate capital appreciation from a diversified To generate capital appreciation from a diversified To generate capital appreciation from a diversified
                                                        a portfolio of predominantly equity and                                         portfolio of predominantly equity and equity portfolio of equity and equity related securities.         portfolio of equity and equity related securities.
Investment Objective
                                                        equity related securities with investment in,                                   related securities issued by globally competitive
                                                        generally, not more than 30 stocks.                                             Indian Companies.
                                                           Equity and Equity       Debt and Money                                           Equity and Equity        Debt and Money           Equity and Equity     Debt and Money Market           Equity and Equity related         Debt and Money
                                                          Related Securities       Market Securities                                       Related Securities       Market Securities         Related Securities            Securities                      instruments               Market Securities
Asset Allocation Pattern                                                                                                                                                                                                                    65% to 100%
(Indicative Allocation)                                                                                                                                                                                                              Midcap          Other than
                                                                 60% - 100%                                   0% - 40%           65% to 100%                0% to 35%                65% to 95%                5% to 35%                                                              0% to 35%
                                                                                                                                                                                                                                      stocks       Midcap stocks
                                                                                                                                                                                                                                   65% to 100%       0% to 35%
Risk Profile                                                                                                 Mutual Fund investments are subject to market risks. Please read the Offer Document(s) carefully for details on Risk Factors before investment.
Options                                                                                                                                                                    Growth, Dividend
Dividend Policy           Frequency                                                                                                         At Trustee’s discretion (For detailed Dividend Policy, please refer page No. 6)
Minimum Application Initial Purchase                                                                                                                                            Rs. 5,000
and Redemption                                                                                                                                                                       Rs. 1,000 and above
                    Additional Purchase
Amount/Number of
Units               Redemption                                                                                                                                                       Rs. 1,000 or 100 units
                                                         For valid applications accepted:
                                                        E up to 3 p.m. on a Business Day, the NAV of such Business Day.
Applicable NAV (Continuous Offer) for                   E after 3 p.m. on a Business Day, the NAV of the following Business Day.
Purchase / Switch / Redemption                          The Applicable NAVs will be as provided above even where the AMC or the Registrar has provided a facility to the investors to transact in the Schemes through the medium of Internet by logging onto
                                                        specific websites or telephone and where investors have signed up for using these facilities. These applicable NAVs will also apply to Systematic Investment Plan (SIP), Systematic Withdrawal Plan
                                                        (SWP) and Systematic Transfer Plan (STP).
Expenses of the Scheme
                     New Fund
                                                                                                                                                                            Initial Issue Expenses : Not Applicable
                     Offering Period
                     Continuous Offer                   Entry Load:
                                                        > Where the purchase amount/switch in amount is equal to or more than Rs. 5 crores: Nil
                                                        > Where the switch in is from an Equity/Balanced/Equity FOF Scheme to an Equity/Balanced/Equity FOF Scheme: Nil
                                                        > Where switch in is from a close ended scheme (excluding Fixed Maturity Plans and Interval Plans) during the pre-defined liquidity window of the scheme as defined in the respective offer documents
Load Structure                                              or on maturity to an Equity/ Balanced/Equity FOF Schemes: Nil
                                                        > Where investments is made by Fund of Funds as defined under SEBI Regulations: Nil
                                                        > Where units are allotted upon reinvestment of Dividends: Nil
                                                        > Cases not covered above: 2.25%
                                                        Exit Load:
                                                        > For exit within 6 months for investments less than Rs. 5 crores: 1%
                                                        > Cases not covered above: Nil
                    Estimated as per                                       2.50%                                         2.50%                                            2.50%                                                  2.50%
                    Offer Document
Recurring Expenses
                    Actual for previous                                                  2.31%                                                                 2.45%                                              2.34                                                  2.34%
(% p.a. of Daily
                    Financial Year
Average Net Assets)
                    (Audited figure)
                                                                                                            (For further details and limits specified by the Regulations, please refer Page No. 6)
Fund Manager(s)                                          Mr. Sanjib Guha and Mr. Krishna Sanghvi      Mr. Anurag Jain & Mr. Sanjib Guha                 Mr. Krishna Sanghvi and Mr. Anurag Jain          Mr. Anurag Jain & Mr. Krishna Sanghvi
Benchmark Index                                                       S&P CNX Nifty                             S&P CNX 500                                          S&P CNX 500                                     CNX Mid-Cap
                                                                          Performance of the Schemes as on 31 October 2007                                       Perfomance of the Growth Option of the Schemes as on 31 October 2007
Compounded Annualised                                             Kotak 30*                            S&P CNX Nifty                      Kotak Global India           S&P CNX 500                Kotak                  S&P CNX 500                     Kotak Midcap                CNX Midcap
Returns (%)                                                                                                                                                                                    Opportunities
Last 1 year                                                          64.0                                        57.6                             48.5                     54.3                   71.6                        54.3                           46.1                         54.1
Last 3 years                                                         58.5                                        48.7                             42.2                     47.4                     63.1                      47.1                             E                           E
Last 5 years                                                         57.9                                        44.1                              E                         E                        E                         E                              E                           E
Since Inception                                                      34.9                                        24.1                             40.7                     37.4                     61.9                      48.1                           43.1                         40.9
Inception Date                                                                     29-Dec-1998                                                            30-Jan-2004                                          9-Sep-2004                                            24-Feb-2005

                                      70. 0%
                                               64. 0%
                                                        57. 6%     58. 5%                  57. 9%
                                      60. 0%

                                                                              48. 7%
                                      50. 0%
                                                                                                    44 .1%

                                      40. 0%                                                                       34. 9%

                                      30. 0%
                                                                                                                            24. 1%

                                      20. 0%

                                      10. 0%

                                       0.0 %
                                                Last 1 year        Last 3 year s            Last 5 y ear s        Sinc e In cep tio n

                                                                            Kot ak 30*   S&P CNX     Ni fty

                  *Returns assumed reinvestment of the tax free dividend declared

                                                                                                                                           Past Performance may or may not be sustained in future
                                                                                                                                                                                                                                                                                                      1
                                    KOTAK MAHINDRA TECHNOLOGY                     KOTAK MAHINDRA MNC SCHEME                     KOTAK CONTRA SCHEME                        KOTAK TAX SAVER SCHEME
      Name of Scheme                                                                                                                                                                                                            KOTAK LIFESTYLE FUND
                                       SCHEME (KOTAK TECH)                               (KOTAK MNC)                               (KOTAK CONTRA)                             (KOTAK TAX SAVER)
Nature of Scheme                                                                 An Open-Ended Equity Growth Scheme                                                    An Open-Ended Equity-Linked Savings               An Open-Ended Equity Growth Scheme
                                                                                                                                                                       Scheme
Investment Objective               To generate capital appreciation from      To generate capital appreciation from To generate capital appreciation from a            To    generate     long-term       capital   The investment objective of the fund is to
                                   a portfolio of predominantly equity and    a portfolio of predominantly equity and diversified portfolio of equity and equity       appreciation from a diversified portfolio    generate long-term capital appreciation from a
                                   equity related securities in technology,   equity related securities issued by mul- related instruments.                            of equity and equity related securities      portfolio of equity and equity related securities,
                                   other technology enabled companies         tinational companies.                                                                    and enable investors to avail the income     generally diversified across companies, which are
                                   and related sectors as given in the                                                                                                 tax rebate, as permitted from time to        likely to benefit by changing lifestyle and rising
                                   investment strategy.                                                                                                                time.                                        consumerism in India.
Asset Allocation Pattern           Equity and Equity Debt and Money Equity and Equity Related                Debt and     Equity and Equity Debt and Money
                                                                                                                                                                                                                      Equity and          Debt & Money
(Indicative Allocation)            Related Securities Market Securities     Securities                        Money       Related Securities Market Securities* Equity and Equity Debt and Money                                                           Securitised
                                                                                                                                                                                                                     Equity related           Market
                                                                                                              Market                                            related Securities Market Securities*                                                        Debt
                                                                                                                                                                                                                      Securities*         Instruments **
                                                                                                             Securities
                                      65% E 100%             0% E 35%                 60% E 100%             0% E 40%        65% to 100%            0% to 35%             80% to 100%            0% to 20%           65% to 100%           0% to 35%       0% to 18%
                                                                                                                          *Debt securities/instruments are deemed      * Debt securities shall be deemed to         * If permitted by SEBI under extant regulations/
                                                                                                                          to include securitised debt and investment   include securitised debts (excluding         guidelines, the scheme may also engage in stock
                                                                                                                          in securitised debt will not exceed 50% of   foreign securitised debt) and investment     lending, not exceeding 20% of the net assets of
                                                                                                                          the debt portion.                            in securitised debts shall not exceed        the Scheme, provided the minimum corpus of the
                                                                                                                                                                       50% of the debt component of the             scheme is Rs.100 Crores. The scheme may upto
                                                                                                                                                                       Scheme. Investments may be made in           25% of net assets invest in ADR/GDRs and foreign
                                                                                                                                                                       foreign debt securities not exceeding        equity securities, subject to applicable regulations.
                                                                                                                                                                       20% of the debt component of the             ** Debt instruments shall include investments in
                                                                                                                                                                       Scheme. However, investments made            Foreign Debt Securities not exceeding 25% of the
                                                                                                                                                                       in foreign debt securities would not         net assets of the debt component.
                                                                                                                                                                       include investment in foreign securitised    However, no investments will be made in foreign
                                                                                                                                                                       debt. Investments may be made in             securitised debt. From time to time the Scheme
                                                                                                                                                                       GDRs/ADRs not exceeding 20% of net           may hold cash. Investments will also be made in
                                                                                                                                                                       assets of the Scheme. The Scheme may         derivative instruments not exceeding 25% of the
                                                                                                                                                                       engage in stock lending not exceeding        net assets of the Scheme.
                                                                                                                                                                       20% of the net assets of the Scheme.
Risk Profile                                                             Mutual Fund investments are subject to market risks. Please read the Offer Document(s) carefully for details on Risk Factors before investment.
Options                                                                      E                                                                                                           Growth, Dividend
Dividend        Frequency                                                                                   At Trustee’s discretion (For detailed Dividend Policy, please refer page No. 6)
Policy
Minimum         Initial Purchase                                         Rs. 5,000                                                  (Non-SIP) Rs. 5,000                  Rs. 500 and in multiples of Rs. 500                                Rs. 5,000
Application
and             Additional                                         Rs. 1,000 and above                                        (Non-SIP) Rs. 1,000 and above              Rs. 500 and in multiples of Rs. 500                       Rs. 1,000 and above
Redemption      Purchase
Amount/
Number of       Redemption                                         Rs. 1,000 or 100 units                                           Rs. 1,000 or 100 units          Rs. 1000 or all Units if the amount is                        Rs. 1,000 or 100 units
Units                                                                                                                     If the holding is less than Rs. 1000 or less than Rs. 1000 (after expiry of lock          If the holding is less than Rs. 1000 or 100 Units,
                                                                                                                          100 Units, the entire balance will be re- in period of 3 years)                           the entire balance will be redeemed as and when
                                                                                                                          deemed as and when redemption request                                                     redemption request is received from the investor.
                                                                                                                          is received from the investor.
Applicable NAV (Continuous                                                                                                For the purpose of all purchase, For the purpose of all purchases and For the purpose of all purchase, redemption and
Offer) for Purchase / Switch /                                                                                            redemption and switch transactions, the switch-ins, redemptions and switch-outs switch transactions, the Applicable NAV is as
Redemption                                                                                                                Applicable NAV is as follows:           (after expiry of lock-in period of 3 years), follows:
                                                                                                                                                                  the Applicable NAV is as follows:
                                                                                                            For valid Applications accepted:
                                                                                                            > up to 3 p.m. on a Business Day, the NAV of such Business Day
                                                                                                            > after 3 p.m. on a Business Day, the NAV of the following Business Day.
                                   The Applicable NAVs will be as provided above even where the AMC or the Registrar has provided a facility to the investors          Further, where the AMC or the Registrar has provided a facility to the investors to redeem/
                                   to transact in the Schemes through the medium of Internet by logging onto specific websites or telephone and where                  switch-in/switch-out of the Scheme through the medium of Internet by logging onto specific
                                   investors have signed up for using these facilities. These applicable NAVs will also apply to Systematic Investment Plan            web-sites or telephone and where investors have signed up for using these facilities, the
                                   (SIP), Systematic Withdrawal Plan (SWP) and Systematic Transfer Plan (STP).                                                         Applicable NAVs will be as provided above. These Applicable NAVs will also apply to
                                                                                                                                                                       Systematic Investment Plan, Systematic Withdrawal Plan and Systematic Transfer Plan.
Expenses of the Scheme
                New Fund
                                                                                                                               Initial Issue Expenses : Not Applicable
                Offering Period
                Continuous         Entry Load:
                Offer              > Where the purchase amount/switch in amount is equal to or more than Rs. 5 crores: Nil
                                   > Where the switch in is from an Equity/Balanced/Equity FOF Scheme to an Equity/Balanced/Equity FOF Scheme: Nil
                                   > Where switch in is from a close ended scheme (excluding Fixed Maturity Plans and Interval Plans) during the pre-defined liquidity window of the scheme as defined in the respective offer documents or on maturity
Load                                  to an Equity/ Balanced/Equity FOF Schemes: Nil
Structure                          > Where investments is made by Fund of Funds as defined under SEBI Regulations: Nil
                                   > Where units are allotted upon reinvestment of Dividends: Nil
                                   > Cases not covered above: 2.25%
                                   Exit Load:                                                                                                                                        Exit Load: Nil                 Exit Load:
                                   > For exit within 6 months for investments less than Rs. 5 crores: 1%                                                                                                            • For exit within 6 months for investments less
                                   > Cases not covered above: Nil                                                                                                                                                       than Rs. 5 crores : 1%
                                                                                                                                                                                                                    • Cases not covered above : Nil
Recurring       Estimated
Expenses (%     as per Offer                         2.25%                                                                                                              2.50%
p.a. of Daily   Document
Average Net     Actual for
Assets)         previous
                                                     2.25%                                      2.50%                                      2.36%                                         2.42%                                               2.23%
                Financial Year
                (Audited figure)
                                                                                                         (For further details and limits specified by the Regulations, please refer page No. 6 )
Fund                                 Mr. Anurag Jain & Mr. Sanjib Guha           Mr. Anurag Jain & Mr. Krishna Sanghvi              Mr. Sanjib Guha and                Mr. Krishna Sanghvi & Mr. Anurag Jain            Mr. Sanjib Guha and Mr. Krishna Sanghvi
Manager(s)                                                                                                                            Mr. Anurag Jain
Benchmark
                                                 BSE Teck Index                     BSE Sensex and S&P CNX Nifty                                                                          S&P CNX 500
Index
                                                                                                        Performance of the Schemes as on 31 October 2007
Compounded Annualised                  Kotak Tech         BSE Teck Index         Kotak MNC* BSE Sensex S&P CNX                  Kotak             S&P CNX 500                 Kotak                S&P                            Kotak                     S&P
Returns (%)                                                                                              Nifty                  Contra                                      Tax Saver             CNX 500                     Lifestyle Fund               CNX 500
Last 1 year                                8.4                    21.8              26.1         53.1           57.6              41.7                 54.3                   57.7                    43.1                         47.9                       54.3
Last 3 years                              24.5                    37.4              33.9         51.6           48.7               E                     E                      E                      E                              E                        E
Last 5 years                              29.0                    38.6              42.0         46.4           44.1               E                     E                      E                      E                              E                        E
Since Inception                            0.4                    4.1               20.7         21.0           20.6              31.5                 46.6                   54.3                    47.8                         28.6                       39.5
                                                  4-April-2000                               4-April-2000                                27-Jul-2005                                  23-Nov-2005                                         21-Mar-2006




                                                                                 *Returns assumed reinvestment of the
                                                                                       tax free dividend declared

                                                                                                        Past Performance may or may not be sustained in future
                                                                                                                                                                                                                                                                     2
                                                          KOTAK MAHINDRA BALANCE                                      KOTAK MAHINDRA INCOME
               Name of Scheme                              UNIT SCHEME 99 (KOTAK                                          PLUS SCHEME                                   KOTAK EQUITY FOF                             KOTAK MAHINDRA BOND UNIT SCHEME 99 (KOTAK BOND)
                                                                 BALANCE)                                              (KOTAK INCOME PLUS)

Nature of Scheme                                        An Open-Ended Balanced Scheme                               An Open-Ended Income Scheme An Open-Ended Equity Fund of Funds Scheme                                               An Open-Ended Debt Scheme

Plans                                                                                    F                                           F                                            F                                          Deposit                                 Regular
Investment Objective                                    To achieve growth by investing in                          To enhance returns over a portfolio     To generate long term capital appreciation from To create a portfolio of debt instruments of different maturities so as to spread
                                                        equity and equity related instruments,                     of debt instruments with a moderate     a portfolio created by investing predominantly the risk across a wide maturity horizon and different kinds of issuers in the debt
                                                        balanced with income generation by                         exposure in equity and equity related   in open-ended diversified equity schemes of markets.
                                                        investing in debt and money market                         instruments.                            Mutual Funds registered with SEBI.
                                                        instruments.
Asset Allocation Pattern                                    Equity and   Debit and Money                               Debt and  Equity and Equity Open-Ended                     Inter bank call and / or   Debt instruments Debt and Money           Debt instruments         Debt and
(Indicative Allocation)                                   Equity Related      Market                                Money Market      Related       Diversified                 reverse repo and/or short      with maturity  Market instruments       with maturity more    Money Market
                                                           Instruments     Instruments                               Instruments   Instruments    Equity Schemes                term fixed deposits and /     more than one    with maturity less        than one year      instruments with
                                                                                                                                                                                or schemes which invest            year         than one year                               maturity less than
                                                                                                                                                                                 predominantly in money                                                                         one year
                                                                                                                                                                                  market or floating rate
                                                                                                                                                                                         securities
                                                                   51%                            49%                 Upto 100%            Upto 20%          90% to 100%                0% to 10%              25% to 100%            10% to 100%        25 % to 100%          10% to 100%
                                                        However, the equity exposure can                                                                                                                     Debt instruments are deemed to include securitised debt and investment in
                                                        vary between 50% and 70% of the                                                                                                                      securitised debt shall not exceed 50% of the net assets of the Scheme.
                                                        net assets of the Scheme. If the
                                                        exposure falls below the said lower                                          F                                            F
                                                        limit or exceeds the upper limit, it
                                                        will be restored within seven (7)
                                                        Business days.
Risk Profile                                                                                               Mutual Fund investments are subject to market risks. Please read the Offer Document(s) carefully for details on Risk Factors before investment.
Options                                                                                  F                                                             Growth, Dividend                                              Growth and Dividend                 Growth, Dividend and Bonus
Dividend Policy           Frequency                                          Half Yearly                                    Monthly, Quarterly                          At Trustee’s discretion                           Quarterly                            Quarterly, Annual
                          Record Date(s)                25th March and 25th of September 12th of every month (Monthly                                                                                         20th of March, June, September 20th of March, June, September and
                                                                   every year.           Dividend Option), 20th of March,                                                                                       and December of every year.  December of every year (Quarterly Dividend
                                                                                         June, September and December                                                                                                                        Option); 12th of March of every year (Annual
                                                                                         (Quarterly Dividend Option).                                                                                                                        Dividend Option)
                                                                                                                                                           (For detailed Dividend Policy, please refer page no. 6)
Minimum Application Initial Purchase                                                                                                                                              Rs. 5,000
and Redemption      Additional                                                                                                                                              Rs. 1,000 and above
Amount/Number of    Purchase
Units
                    Redemption                                                                                                                                              Rs. 1,000 or 100 units
Applicable NAV (Continuous Offer) for                   For valid applications accepted:
Purchase / Switch / Redemption                          F up to 3 p.m. on a Business Day, the NAV of such Business Day
                                                        F after 3 p.m. on a Business Day, the NAV of the following Business Day.
                                                        The Applicable NAVs will be as provided above even where the AMC or the Registrar has provided a facility to the investors to transact in the Schemes through the medium of Internet by logging onto specific
                                                        websites or telephone and where investors have signed up for using these facilities. These applicable NAVs will also apply to Systematic Investment Plan (SIP), Systematic Withdrawal Plan (SWP) and
                                                        Systematic Transfer Plan (STP)
Expenses of the Scheme
                          New Fund
                                                                                                                                                                  Initial Issue Expenses : Not Applicable
                          Offering Period
                          Continuous Offer Entry Load:                                                             Entry Load: NIL                   Entry Load:                                             Entry Load : NIL                  Entry Load : NIL
                                           ? Where the purchase amount/                                                                              ? Where the purchase amount/switch in                   Exit Load : For investments upto Exit Load : NIL
                                               switch in amount is equal to or                                                                          amount is equal to or more than Rs. 5                Rs. 10 Lacs : 0.50%, if
                                               more than Rs. 5 crores: Nil                                                                              crores: Nil                                          redeemed within six months.
                                           ? Where the switch in is from an                                        Exit Load:                        ? Where the switch in is from an Equity/                For investments above Rs. 10 Lacs
                                               Equity/Balanced/Equity FOF                                          ? For investments upto Rs. 25        Balanced/Equity FOF Scheme to an Equity/             : NIL
                                               Scheme to an Equity/Balanced/                                           Lacs : 1%, if redeemed within    Balanced/Equity FOF Scheme: Nil
                                               Equity FOF Scheme: Nil                                                  1 year.                       ? Where investments is made by FIIs or sub
                                           ? Where switch in is from a close                                       ? For investments above Rs. 25       a/c of FIIs: Nil
                                               ended scheme (excluding Fixed                                           Lacs : NIL                    ? Where investments is made by Fund of
                                               Maturity Plans and Interval                                                                              Funds as defined under SEBI Regulations:
                                               Plans) during the pre-defined                                                                            Nil
                                               liquidity window of the scheme                                                                        ? Where units are allotted upon reinvestment
Load Structure                                 as defined in the respective                                                                             of Dividends: Nil
                                               offer documents or on maturity                                                                        ? Cases not covered above: 2.25%
                                               to an Equity/ Balanced/Equity
                                               FOF Schemes: Nil                                                                                            Exit Load:
                                           ? Where investments is made by                                                                                  ? For exit within 6 months for investments less
                                               Fund of Funds as defined un-                                                                                   than Rs. 5 crores: 1%
                                               der SEBI Regulations: Nil                                                                                   ? Cases not covered above: Nil
                                           ? Where units are allotted upon
                                               reinvestment of Dividends: Nil
                                           ? Cases not covered above:
                                               2.25%
                                           Exit Load:
                                           ? For exit within 6 months for
                                               investments less than Rs. 5
                                               crores: 1%
                                           ? Cases not covered above: Nil
Recurring Expenses Estimated as per                                              2.50%                                            2.25%                                         0.75%                                      2.25%                                    1.65%
(% p.a. of Daily    Offer Document
Average Net Assets) Actual for                                                   2.49%                                            2.22%                                         0.75%                                      1.16%                                    1.16%
                    previous
                    Financial Year
                    (Audited figure)
                                                                                                                                           (For further details and limits specified by the Regulations, please refer page no. 6)
Fund Manager(s)                                            Mr. Krishna Sanghvi, Mr. Ritesh                            Mr. Krishna Sanghvi, Mr. Sajit                      Mr. Sajit Pisharodi                                       Mr. Ritesh Jain and Mr. Imran Sayed
                                                              Jain and Mr. Sanjib Guha                                 Pisharodi & Mr. Ritesh Jain
Benchmark Index                                                 CRISIL Balanced Fund Index                             CRISIL MIP Blended Index                             S&P CNX Nifty                                           CRISIL Composite Bond Fund Index
                                         Performance of the Schemes as on 31 October 2007                                                                                             Performance of the Growth Option of the Schemes as on 31 October 2007
  Compounded Annualised Returns                                  Kotak                       CRISIL Balanced        Kotak Income          CRISIL MIP         Kotak Equity             S&P CNX Nifty               Kotak Bond Deposit Plan           Kotak Bond Regular          CRISIL
              (%)                                               Balance*                       Fund Index               Plus             Blended Index           FOF                                                                                       Plan             Composite Bond
                                                                                                                                                                                                                                                                              Fund Index
Last 1 year                                                        32.4                           37.5                   12.4                12.9                49.7                     57.6                               7.1                             9.0                   6.0
Last 3 years                                                       40.2                           31.0                   11.9                11.1                48.2                     48.7                               5.9                             6.8                   5.2
Last 5 years                                                       39.3                           28.4                     F                  F                    F                        F                                5.9                             6.8                   5.1
Since Inception                                                    23.5                           23.3                    9.9                 8.9                48.5                     48.6                               8.9                             9.7                   5.8
Inception Date                                                             25-Nov-1999                                          2-Dec-2003                                   9-Aug-2004                                                        25-Nov-1999
                  60.0%


                  50.0%

                                                40.2%                    39.3%
                  40.0%           37.5%
                          32.4%                         31.0%
                                                                                 28.4%
                  30.0%
                                                                                                  23.5%   23.3%

                  20.0%


                  10.0%


                  0.0%
                           Last 1 year          Last 3 years              Last 5 years           Since Inception

                                              Kotak Balance *    Crisil Balanced Fund Index



        * Returns assumed reinvestment of the tax free dividend declared
                                                                                                                                  Past Performance may or may not be sustained in future
                                                                                                                                                                                                                                                                                           3
                                             KOTAK MAHINDRA BOND UNIT                                                                     KOTAK EQUITY ARBITRAGE FUND (KOTAK EQUITY
           Name of Scheme                                                                      KOTAK FLEXI DEBT SCHEME                                                                                           KOTAK FLOATER LONG TERM SCHEME
                                              SCHEME 99 (KOTAK BOND)                                                                                     ARBITRAGE)
Nature of Scheme                                                       An Open-Ended Debt Scheme                                                   An Open-Ended Equity Growth Scheme                                   An Open-Ended Debt Scheme
Plans                                                    Short Term                                                                                                          F
Investment Objective                    To provide reasonable returns and high level      The investment objective of the Scheme       Investment Objective - To generate capital appreciation and            To reduce the interest rate risk associated with
                                        of liquidity by investing in debt and money       is to maximise returns through an active     income by predominantly investing in arbitrage opportunities           investmentsin fixed rate in struments by investing
                                        market instruments of different maturities, so    management of a portfolio of debt and        in the cash and derivatives segment of the equity market,              predominantly in floating rate securities, money
                                        as to spread the risk across different kinds of   money market securities.                     and by investing the balance in debt and money market                  market instruments and using appropriate
                                        issuers in the debt market.                                                                    instruments.                                                           derivatives.
Asset Allocation Pattern                   Debt and Money          Debt instruments        Debt Instruments      Debt and Money                                                                                     Floating Rate Debt            Fixed Rate
(Indicative Allocation)                  Market instruments with maturity above              with maturity            Market                                                                                       securities &/or money        Debt Securities
                                          with maturity up to           1 year              more than one        Instruments with                                                                                   market instruments,
                                                1 year                                           year            maturity less than                                                                              other debt securities with
                                                                                                                     one year                                                                    Indicative     outstandingmaturity of upto
                                                                                                                                                           Investments                           Allocation              182 days
                                           50% to 100%            0% to 50%                0% to 95%          5% to 100%               The asset allocation under normal circumstances will be as follows:             65% to 100%                0% to 35%
                                        Debt instruments are deemed to include securitised debt and investment in securitised          Equity and equity related instruments including       65% - 90%
                                        debt shall not exceed 50% of the net assets of the Scheme.                                     derivatives
                                                                                                                                       Debt and money market instruments including margin 10% - 35%
                                                                                                                                       money deployed in derivatives transactions **
                                                                                                                                  The asset allocation under defensive circumstances will be as follows:
                                                                                                                                  Equity and equity related instruments including           0% - 65%
                                                                                                                                  derivatives
                                                                                                                                  Debt and money market instruments including margin        35% - 100%
                                                                                                                                  money deployed in derivatives transactions **
                                                                                                                                  Note :
                                                                                                                                  [1] **Debt securities / instruments are deemed to include securitized debt and
                                                                                                                                       investment in securitized debt will not exceed 50% of the debt portion of
                                                                                                                                       the scheme.
                                                                                                                                  [2] The asset allocation as given under normal circumstances is indicative
                                                                                                                                       and may vary according to circumstances at the sole discretion of the
                                                                                                                                       Fund Manager. Review and rebalancing will be conducted when the asset
                                                                                                                                       allocation falls outside the range indicated above, within a reasonable
                                                                                                                                       period of time.
                                                                                                                                  [3] Defensive circumstances are when the arbitrage opportunities in
                                                                                                                                       the market place are negligible or returns are lower than alternative
                                                                                                                                       investment opportunities as per allocation pattern. The allocation under
                                                                                                                                       defensive considerations will be made keeping in view the interest of the
                                                                                                                                       unitholders.
Risk Profile                                                        Mutual Fund investments are subject to market risks. Please read the Offer Document(s) carefully for details on Risk Factors before investment.
Options                                      Growth, Dividend Re-investment                                                      Growth, Dividend                                                                   Growth, Weekly Dividend Re-investment,
                                                                                                                                                                                                                        Monthly Dividend Re-investment
Dividend Policy        Frequency                         Monthly                                 Quarterly, Daily                                           At Trustee’s discretion                                             Weekly, Monthly
                       Record Date(s)             12th of every month                 20th of March, June, September and                                             Monthly                                     Every Monday (Weekly Dividend Re-investment
                                                                                       December of every year (Quarterly                                                                                         Option),12th of every month (Monthly Dividend
                                                                                   Dividend Option); Everyday for which NAV                                                                                                  Re-investment Option)
                                                                                       is declared (Daily Dividend Option)
                                                                                                                 (For detailed Dividend Policy, please refer page no. 6)
Minimum Application Initial Purchase                    Rs. 5,000                     Rs. 5,000 and 1,00,000 under Daily                                                                            Rs. 5,000
and Redemption                                                                            Dividend Re-investment option
Amount/Number of    Additional                                                                                                    Rs. 1,000 and above
Units               Purchase
                    Redemption                                              Rs. 1,000 or 100 units                                                              Rs.1,000 or 100 units                                       Rs. 1,000 or 100 units
                                                                                                                                            If the holding is less than Rs. 1000 or 100 Units, the entire
                                                                                                                                          balance will be redeemed as and when redemption request is
                                                                                                                                                              received from the investor.
Applicable NAV (Continuous Offer) for   For valid applications accepted:                                                               For the purpose of all purchase, redemption and switch                 For valid applications accepted:
Purchase / Switch / Redemption          F up to 3 p.m. on a Business Day, the NAV of such Business Day                                 transactions, the Applicable NAV is as follows:                        F up to 3 p.m. on a Business Day, the NAV of
                                        F after 3 p.m. on a Business Day, the NAV of the following Business Day.                       For Valid Applications accepted :                                          such Business Day
                                        The Applicable NAVs will be as provided above even where the AMC or the Registrar              ? upto 3 p.m. on a Business Day, the NAV of such Business              F after 3 p.m. on a Business Day, the NAV of
                                        has provided a facility to the investors to transact in the Schemes through the medium of          Day                                                                    the following Business Day.
                                        Internet by logging onto specific websites or telephone and where investors have signed up     ? after 3 p.m. on a Business Day, the NAV of the following             The Applicable NAVs will be as provided above
                                        for using these facilities. These applicable NAVs will also apply to Systematic Investment         Business Day                                                       even where the AMC or the Registrar has provided
                                        Plan (SIP), Systematic Withdrawal Plan (SWP) and Systematic Transfer Plan (STP).               Further, where the AMC or the Registrar has provided a facility        a facility to theinvestors to transact in the Schemes
                                                                                                                                       to the investors to redeem/switch-in/switch-out of the Scheme          through the medium of Internet by logging onto
                                                                                                                                       through the medium of Internet by logging onto specific web-           specific websites or telephoneand where investors
                                                                                                                                       sites or telephone and where investors have signed up for              have signed up for using these facilities.These
                                                                                                                                       using these facilities, the Applicable NAVs will be as provided        applicable NAVs will also apply to Systematic
                                                                                                                                       above. These Applicable NAVs will also apply to Systematic             Investment Plan (SIP), Systematic Withdrawal Plan
                                                                                                                                       Investment Plan, Systematic Withdrawal Plan and Systematic             (SWP) andSystematic Transfer Plan (STP).
                                                                                                                                       Transfer Plan.
Expenses of the Scheme
                    New Fund
                                                                                                                             Initial Issue Expenses : Not Applicable
                    Offering Period
                    Continuous Offer Entry Load : NIL                                     Entry Load : NIL                       Entry Load : NIL                                                             Entry Load : NIL
                                     Exit Load : NIL                                      Exit Load : 0.10% if redeemed within 7 Exit Load:                                                                   Exit Load :
                                                                                          days from date of allotment of units.  For Investment<= Rs. 50 lacs:                                                For investments upto Rs. 10 Lacs : 0.50%, if
                                                                                                                                 a) If redeemed within 3 months from the date of allotment of                 redeemed within six months
                                                                                                                                    units: 0.60%                                                              For investments above Rs. 10 Lacs : NIL
Load Structure                                                                                                                   b) If redeemed after 3 months, within 6 months from the date
                                                                                                                                    of allotment of units: 0.50%
                                                                                                                                 c) If redeemed after 6 months from the date of allotment of
                                                                                                                                    units: Nil
                                                                                                                                 For Investments> Rs. 50 lacs:
                                                                                                                                 a) If redeemed on or before 30 days from the date of allotment
                                                                                                                                    of units: 0.50%
                                                                                                                                 b) If redeemed after 30 days from the date of allotment of
                                                                                                                                    units: Nil
Recurring Expenses Estimated as per                         1.50%                                           2.25%                                             2.25%                                                                  2.25%
(% p.a. of Daily    Offer Document
Average Net Assets) Actual for                              0.67%                                          0.57%                                                       1.00%                                                         0.60%
                    previous
                    Financial Year
                    (Audited figure)
                                                                                                (For further details and limits specified by the Regulations, please refer page no. 6)
Fund Manager(s)                                               Mr. Ritesh Jain and Mr. Deepak Agrawal                                          Mr. Ritesh Jain and Mr. Sajit Pisharodi                    Mr. Ritesh Jain and Mr. Imran Sayed
Benchmark Index                            CRISIL Short Term Bond Fund Index           CRISIL Composite Bond Fund Index                                                         Crisil Liquid Fund Index

                           Performance of the Growth Option of the Schemes as on 31 October 2007                                           Performance of the Scheme as on 31 October 2007                      Performance of the Growth Option of the
                                                                                                                                                                                                                    Schemes as on 31 October 2007
  Compounded Annualised Returns           Kotak Bond Short    CRISIL Short Term             Kotak Flexi Debt    CRISIL Composite          Kotak Equity                 CRISIL Liquid Fund Index                  Kotak Floater Long Term          CRISIL Liquid
                (%)                          Term Plan        Bond Fund Index                                    Bond Fund Index         Arbitrage Fund                                                                                            Fund Index
Last 1 year                                      9.0                 7.5                          8.3                  6.0                     9.3                                  7.4                                      8.5                      7.4
Last 3 years                                     7.1                 5.9                           F                    F                       F                                    F                                       6.8                      5.9
Last 5 years                                     6.5                 5.3                           F                    F                       F                                    F                                        F                        F
Since Inception                                  6.8                 5.7                          7.1                  5.2                     8.1                                  6.5                                      6.6                      5.8
Inception Date                                         2-May-2002                                        6-Dec-2004                                               29-Sept.-2005                                                    13-Aug-2004




                                                                                                Past Performance may or may not be sustained in future                                                                                                          4
                                              KOTAK FLOATER SHORT TERM                         KOTAK MAHINDRA LIQUID SCHEME                                                                                      KOTAK MAHINDRA LIQUID SCHEME (KOTAK                                                                                              KOTAK MAHINDRA GILT UNIT SCHEME ‘98 (KOTAK
               Name of Scheme
                                                       SCHEME                                         (KOTAK LIQUID)                                                                                                           LIQUID)                                                                                                                              GILT)

Nature of Scheme                                                                                                  An Open-Ended Debt Scheme                                                                                                                                                                                                                 An Open-Ended Dedicated Gilts Scheme

Plans                                                             C                                                             Regular                                                                       Institutional                                                    Institutional Premium                                                        Savings                                                Investment Regular
                                                                                                                                                                                                                                                                                                                                                                                                               Investment Provident Fund
                                                                                                                                                                                                                                                                                                                                                                                                                         & Trust
Investment Objective                     To reduce the interest rate risk associated To provide reasonable returns and high level of liquidity by investing in debt and money market To generate risk-free returns through investments in
                                         with investments in fixed rate instruments instruments of different maturities so as to spread risk across different kinds of issuers in the debt sovereign securities issued by the Central and / or State
                                         by investing predominantly in floating rate markets.                                                                                              Government(s) and / or reverse repos in such securities.
                                         securities, money market instruments and
                                         using appropriate derivatives.
Asset Allocation Pattern                   Floating Rate Debt          Fixed Rate Debt                                 Debt and Money Market instruments (including interbank call and repo)                                                                                                                                                      Portfolio of securities                                       No restriction on maturity of
(Indicative Allocation)                  securities &/or money            Securities                                                                                                                                                                                                                                                              will have a Weighted                                                   securities
                                          market instruments,                                                                                                                                                                                                                                                                                      Average Maturityof
                                          other debt securities                                                                                                                                                                                                                                                                                        up to 4 years
                                            with out standing
                                          maturity of upto 182
                                                  days

                                             65% to 100%                 0% to 35%                                                                                                                            100%                                                                                                                                                                                               C
Risk Profile                                                               Mutual Fund investments are subject to market risks. Please read the Offer Document(s) carefully for details on Risk Factors before investment.
Options                                   Growth, Weekly Dividend Re-investment,                   Growth, Dividend Re-investment                                                                         Growth, Daily                                                  Growth, Daily Dividend Re-                                                                                       Growth, Dividend
                                             Monthly Dividend Re-investment                                                                                                                                 Dividend                                                    investment, Weekly Dividend
                                                                                                                                                                                                         Re-investment,
                                                                                                                                                                                                         Weekly Dividend
                                                                                                                                                                                                          Re-investment
Dividend Policy        Frequency                    Daily, Weekly, Monthly                                                       Weekly                                                                                                                               Daily, Weekly                                                                 Monthly, Annual                                                                Quarterly
                       Record Date(s)    Every day for which NAV is declared                                           Every Monday                                                                     Every day for which NAV is declared (Daily Dividend                                                                                       12th of the month                                     20th of March, June, September
                                         (Daily Dividend Re-investment), Every                                                                                                                          Re-investment), Every Monday (Weekly Dividend)                                                                                            concerned (Monthly                                    and December of everyyear.
                                         Monday (Weekly Dividend Re-investment                                                                                                                                                                                                                                                                    Dividend Option).
                                         Option),12th of every month (Monthly                                                                                                                                                                                                                                                                     The record date for
                                         Dividend Re-investment Option)                                                                                                                                                                                                                                                                           the Annual Dividend
                                                                                                                                                                                                                                                                                                                                                  Option is notfixed.
                                                                                                                                                          (For detailed Dividend Policy, please refer page no. 6)
Minimum Application Initial Purchase         Rs. 5,000 and 1,00,000 under Daily                                                 Rs. 5,000                                                                 Rs. 1,00,00,000                                                                Rs. 5,00,00,000                                                                                                 Rs.5,000
and Redemption                                 Dividend Re-investment option
Amount/Number of    Additional                                                                                                                                                                           Rs. 1,000 and above
Units               Purchase
                       Redemption                                                                                                                                                                      Rs. 1,000 or 100 units
Applicable NAV (Continuous Offer) for    Purchases / Switch-In:                                                                                                                                                                                                                                                                                   For valid applications accepted:
Purchase / Switch / Redemption           a) where the application is received upto 12.00 noon on a day and funds are available for utilization on the same day-the closing NAV of the day                                                                                                                                                         C up to 3 p.m. on a Business Day, the NAV of such
                                             immediately preceding the day of receipt of application.                                                                                                                                                                                                                                                 Business Day
                                         b) where the application is received after 12.00 noon on a day and funds are available for utilization on the same day-the closing NAV of the day                                                                                                                                                        C after 3 p.m. on a Business Day, the NAV of the
                                             immediately preceding the next business day ; and                                                                                                                                                                                                                                                        following Business Day.
                                         c) irrespective of the time of receipt of application, where the funds are not available for utilization on the day of the application-the closing NAV of
                                                                                                                                                                                                                                                                                                                                                  The Applicable NAVs will be as provided above even
                                             the immediately preceding the day on which the funds are available for utilization.
                                         Redemption / Switch-out :                                                                                                                                                                                                                                                                                where the AMC or the Registrar has provided a facility
                                         a) where the application is received upto 3.00 pm-the closing NAV of the day immediately preceding the next business day; and                                                                                                                                                                            to theinvestors to transact in the Schemes through the
                                         b) where the application is received upto 3.00 pm-the closing NAV of the next business day.                                                                                                                                                                                                              medium of Internet by logging onto specific websites
                                                                                                                                                                                                                                                                                                                                                  or telephone and where investors have signed up for
                                         The Applicable NAVs will be as provided above even where the AMC or the Registrar                                                                              The Applicable NAVs will be as provided above even                                                                                        using these facilities.These applicable NAVs will also
                                         has provided a facility to the investors to transact in the Schemes through the medium of                                                                      where the AMC or the Registrar has provided a facility                                                                                    apply to Systematic Investment Plan (SIP), Systematic
                                         Internet by logging onto specific websites or telephone and where investors have signed                                                                        to the investors to transact in the Schemes through the                                                                                   Withdrawal Plan (SWP) and Systematic Transfer Plan
                                         up for using these facilities.                                                                                                                                 medium of Internet by logging onto specific websites or                                                                                   (STP).
                                         These applicable NAVs will also apply to Systematic Investment Plan (SIP), Systematic                                                                          telephone and where investors have signed up for using
                                         Withdrawal Plan (SWP) and Systematic Transfer Plan (STP).                                                                                                      these facilities.
Expenses of the Scheme
                       New Fund
                                                                                                                                                                                Initial Issue Expenses : Not Applicable
                       Offering Period
Load Structure
                       Continuous Offer Entry Load : NIL                                  Entry Load : NIL                                                                                              Entry Load : NIL                                                                                                                          Entry Load : NIL
                                        Exit Load : NIL                                   Exit Load : NIL                                                                                               Exit Load : NIL                                                                                                                           Exit Load : NIL
Recurring Expenses Estimated as per                         2.25%                                                                1.00%                                                                                0.75%                                                                          0.65%                                                  1.65%                                              1.65%                                 1.65%
(% p.a. of Daily    Offer Document
Average Net Assets)
                    Actual for                              0.43%                                                                0.34%                                                                                0.34%                                                                          0.34%                                                  1.00%                                              1.58%                                 1.58%
                    previous
                    Financial Year
                    (Audited figure)
                                                                                                                        (For further details and limits specified by the Regulations, please refer page no.6)
Fund Manager(s)                                                                                           Mr. Ritesh Jain and Mr. Deepak Agrawal                                                                                                                                                                                                                   Mr. Ritesh Jain and Mr. Imran Sayed
Benchmark Index                                                                                                        CRISIL Liquid Fund Index                                                                                                                                                                                                         I-Sec Si-Bex                                              I-Sec Composite Index
                                                                                      Performance of the Growth Option of the Schemes as on 31 October 2007
Compounded Annualised Returns (%) Kotak Floater Short                 CRISIL Liquid Fund Kotak Liquid Regular                                     Kotak Liquid                                                 Kotak Liquid Institutional                                                           CRISIL Liquid Fund                            Kotak Gilt                 ISEC                        Invest-   Invest-   ISEC
                                         Term                               Index                Plan                                           Institutional Plan                                                 Premium Plan                                                                           Index                                    Invest-                   SIBEX                      ment Plan ment - PF Compos-
                                                                                                                                                                                                                                                                                                                                                  ment Plan                                                        & Trust ite Index
                                                                                                                                                                                                                                                                                                                                                                                                                    Plan
Last 1 year                                       8.0                        7.4                           7.1                                                      7.0                                                                       7.9                                                                        7.4                          5.6                         7.4                           4.1                        4.5                      7.2
Last 3 years                                      6.6                        5.9                           5.9                                                      6.3                                                                       6.6                                                                        5.9                          5.5                         6.2                           4.6                        5.1                      6.7
Last 5 years                                       C                          C                            5.5                                                          C                                                                         C                                                                      5.3                          5.4                         6.0                           6.5                        NA                       6.6
Since Inception                                   6.1                        5.3                           6.3                                                      5.8                                                                       6.1                                                                        5.4                          7.4                         6.3                           10.7                       3.6                      4.4
Inception Date                                           14-July-2003                              5-Oct-2000                                           14-Mar-2003                                                                4-Nov-2003                                                                                                           29-Dec-1998                                     Since Allotment (Inv Plan - Dec 29,
                                                                                                                                                                                                                                                                                                                                                                                                        ‘98; Inv PF & Trust Plan - Nov 11, ‘03)
                                                                                           10.0%                                                                                                                                                                                                                                                    10.0%
                                                                                                                                                                                                                                      10.0%



                                                                                           8.0%
                                                                                                           7.4%                                                                                                                        8.0%                                                                                                          8.0%
                                                                                                   7.1%                                                                                                                                                        7.4%                                                                                                       7.4%                                                                 7.4%
                                                                                                                                                                                                                                                      7.0%
                                                                                                                                                                             6.3%
                                                                                                                         5.9%    5.9%                                                                                                                                           6.3%                                                                                                                    6.2%                                             6.3%
                                                                                           6.0%                                                  5.5%                                                                                                                                                                                                                                                                           6.0%
                                                                                                                                                         5.3%                        5.4%                                                                                                5.9%                                       5.8%
                                                                                                                                                                                                                                       6.0%                                                                                                          6.0%     5.6%                        5.5%
                                                                                                                                                                                                                                                                                                                  5.3%                     5.4%                                                                        5.4%


                                                                                           4.0%
                                                                                                                                                                                                                                       4.0%                                                                                                          4.0%


                                                                                           2.0%
                                                                                                                                                                                                                                       2.0%
                                                                                                                                                                                                                                                                                                                                                     2.0%

                                                                                           0.0%
                                                                                                   Last 1 year           Last 3 years            Last 5 years               Since Inception                                            0.0%
                                                                                                                                                                                                                                                                                                                                                     0.0%
                                                                                                                                                                                                                                                      Last 1 year               Last 3 years              Last 5 years          Since Inception
                                                                                                                  Kotak Liquid Regular Plan   CRISIL Liquid Fund Index
                                                                                                                                                                                                                                                                                                                                                               Last 1 year                Last 3 years                 Last 5 years           Since Inception
                                                                                                                                                                                                                                                                       Kotak Liquid Institutional Plan   CRISIL Liquid Fund Index
                                                                                                                                                                10.0%
                                                                                                                                                                                                                                                                                                                                                                                    Gilt Investment Savings Plan              ISEC SIBEX
                                                                                                                                                                                                                                                                                                                                                    12.0%

                                                                                                                                                                              7.9%                                                                                                                                                                                                                                                           10.7%
                                                                                                                                                                8.0%
                                                                                                                                                                                      7.4%
                                                                                                                                                                                                                                                                                                                                                    10.0%
                                                                                                                                                                                                       6.6%
                                                                                                                                                                                                                                                              6.1%
                                                                                                                                                                                                               5.9%
                                                                                                                                                                6.0%
                                                                                                                                                                                                                                           5.3%                        5.4%
                                                                                                                                                                                                                                                                                                                                                    8.0%
                                                                                                                                                                                                                                                                                                                                                                           7.2%
                                                                                                                                                                                                                                                                                                                                                                                                         6.7%        6.5%         6.6%
                                                                                                                                                                4.0%
                                                                                                                                                                                                                                                                                                                                                    6.0%
                                                                                                                                                                                                                                                                                                                                                                                                 5.1%
                                                                                                                                                                                                                                                                                                                                                                   4.5%                 4.6%                                                                 4.4%
                                                                                                                                                                2.0%                                                                                                                                                                                        4.1%
                                                                                                                                                                                                                                                                                                                                                    4.0%                                                                                              3.6%


                                                                                                                                                                0.0%
                                                                                                                                                                                                                                                                                                                                                    2.0%
                                                                                                                                                                              Last 1 year              Last 3 years                Last 5 years              Since Inception

                                                                                                                                                                                         Kotak Liquid Institutional Premium Plan      CRISIL Liquid Fund Index
                                                                                                                                                                                                                                                                                                                                                    0.0%

                                                                                                     Past Performance may or may not be sustained in future                                                                                                                                                                                                   Last 1 year                 Last 3 years                 Last 5 years           Since Inception

                                                                                                                                                                                                                                                                                                                                                                      Investment Plan          Investment - PF & Trust Plan       ISEC Composite Index                    5
                                                                                                                                              INFORMATION COMMON TO ALL SCHEMES
Despatch of Redemption Proceeds                                                                                                              A. For the Unitholders                                                                                                                                       continues to hold the bonus units, then the loss incurred on the original units shall not be allowed to be set off against
Within ten Business Days of the receipt of the redemption request at the Official Acceptance Points / Authorised Centre of Kotak                                                                                                                                                                          other profits but shall be deemed to be the cost of acquisition of the bonus units.
                                                                                                                                                    1.      Income from Mutual Fund received by Unitholders would be tax free in the hands of the Unitholders as per the
Mahindra Mutual Fund.                                                                                                                                       provisions of section 10(35) of the Income-tax Act, 1961 (the Act).                                                                  10.      However, in cases, which are not covered by clause 8 above, the cost of acquisition of bonus units for the investors
Name of the Trustee Company                                                                                                                                                                                                                                                                               would be NIL, as provided by section 55(2) of the Act.
                                                                                                                                                    2.      The characterization of gains / losses arising from sale / transfer of units as capital gains or business income would
Kotak Mahindra Trustee Company Limited                                                                                                                      depend on the classification of the said units by the unit holder. It would depend on whether the unit holder has                    11.      The long term capital gains on transfer of units would be exempt from tax under Section 54EC of the Act, subject
Daily Net Asset Value (NAV) Publication                                                                                                                     classified such units as capital assets or as stock in trade.                                                                                 to fulfillment of certain conditions specified in the section. This section requires investments in specified bonds.
The NAVs will be declared on all Business Days and will be published in 2 newspapers. NAVs can also be viewed on www.                                                                                                                                                                                     However, if the amount invested is less than the capital gains realized, only proportionate capital gains would be
                                                                                                                                                    3.      Under Section 2(29A) of the Act, read with section 2(42A) of the Act, a unit of a Mutual Fund is treated as a long term
kotakmutual.com and www.amfiindia.com. The NAVs of Kotak Liquid and Kotak Floater Short Term Scheme shall be calculated                                                                                                                                                                                   exempt from tax.
                                                                                                                                                            capital asset if the same is held for more than 12 months. If the unit is held for 12 months or less, the same is treated
on each calendar day.                                                                                                                                       as a short term capital asset.                                                                                                       12.      Where the units are treated as stock in trade and the profits arising from the sale of units are taxed under the head
Dividend Policy                                                                                                                                                                                                                                                                                           “Profits & Gains of business or profession”, the STT paid by the unit holder would not be allowed as deduction in
                                                                                                                                                    4.      Taxation of Long Term Capital Gains
Under the Dividend Option(s), the Trustee may decide to distribute by way of dividend, the surplus by way of realised profits,                                                                                                                                                                            computing the total income u/s 40(a)(ib) of the Act. However, in such a case, an amount equal to the STT paid by
                                                                                                                                                            Under Section 112 of the Act, capital gains arising on the transfer of long term capital assets are subject to tax at the                     the unitholder can be claimed as a rebate from the tax payable on the income from such sale of units by virtue of
dividends and interest, net of losses, expenses and taxes, if any, to the Unitholders concerned, if such surplus is available and
                                                                                                                                                            rate of 20%. The capital gains will be computed by deducting expenditure incurred in connection with such transfer                            the provisions of section 88E of the Act. Similarly, no deduction would be allowed for STT while calculating capital
adequate for distribution in the opinion of the Trustee. The Trustee’s decision with regards to such availability and adequacy of
                                                                                                                                                            and indexed cost of acquisition of the unit from the sale consideration. Further, the maximum tax payable on long                             gains.
surplus, rate, timing and frequency of distributions shall be final. The Unitholder has the option of receiving the dividend or having the
                                                                                                                                                            term capital gains on such units is restricted to 10% of capital gains calculated without indexation of the cost of
same reinvested. However, any dividend declared under the Dividend Re-investment Option(s) of the Scheme(s) / Plan(s) concerned                                                                                                                                                                  13.      A per the provisions of Section 194K and 196A of the Act, no deduction of tax at source shall be made from income
                                                                                                                                                            acquisition.
shall be compulsorily re-invested. Dividend amounts will be reinvested in the same option at the Applicable NAV announced for the                                                                                                                                                                         credited or paid by a mutual fund to a Unitholder.
first Business Day immediately after the date of the declaration of dividend. Where the record date(s) for the Dividend Option of the                       However, as per section 10(38) of the Act, long term capital gain arising from the sale of a unit of an equity oriented
Scheme(s) / Plan(s) concerned is not a Business Day, the Record Date shall be the immediately succeeding Business Day.                                      fund is exempt from tax. In such cases, at the time of sale of units (redemption) the unit holder will have to pay a                 14.      As per circular no. 715 dated August 8, 1995 issued by the CBDT in case of resident Unitholders, no tax is required
                                                                                                                                                            Securities Transaction Tax (STT) of 0.25% of the sale / redemption value.                                                                     to be deducted at source from capital gains arising at the time of repurchase or redemption of the units.
Under the Daily Dividend Re-invesment Option(s), growth in NAV as represented by distributable surplus (i.e. realised profit,
dividends and interest, net of losses, expenses and taxes, if any) will be distributed as dividend to the Unitholders in the Option(s).                     The income by way of long term capital gains of a company would be taken into account in computing the book profits                           Under Section 195 of the Act in case of schemes other than equity oriented scheme, the Mutual Fund is required to
The Dividend will be declared on every day for which NAV is declared; the previous such day being the Record Date. The dividend                             and Minimum Alternate Tax payable, if any, u/s 115JB of the Act (irrespective of whether it is exempt u/s 10(38)).                            deduct tax at source at the rate of 20% on any long-term capital gains arising from units chargeable to tax if the payee
will be due to only those Unitholders whose names appear in the register of Unitholders on the Record Date. Dividend amounts                                Further, in case of an individual or HUF, being a resident, where the total income as reduced by the long term capital                        Unitholder is a non-resident. In respect to short-term capital gains, tax is required to be deducted at source at the
will be reinvested in the Option concerned at the Applicable NAV announced immediately after the Record Date. In the event of                               gains is below the maximum amount not chargeable to tax (i.e. Rs. 110,000 in case of all individuals, to Rs. 145,000                          rate of 30% if the payee Unitholder is a non-resident non-corporate and at the rate of 40% if the payee Unitholder is
unavailability of distributable surplus, dividend will not be declared.                                                                                     in case of women and to Rs.195, 000 in case of senior citizens), the long term capital gains shall be reduced to the                          a foreign company in case of schemes other than equity oriented scheme.
In Kotak Equity Arbitrage, the record date for the purpose shall be Monday immediately preceding the last Thursday of the Month                             extent of the shortfall and only the balance long term capital gains will be subject to the flat rate of taxation.                            However, with respect to short-term capital gains arising from sale of equity oriented schemes, tax is required to be
(the Futures & Options expiry date), or is such day is not a Business Day, the immediately succeeding Business Day.                                                                                                                                                                                       deducted at the rate of 10%. No deduction of tax is required to be made from long term capital gains arising to non
                                                                                                                                                    5.      Taxation of Short Term Capital Gains
                                                                                                                                                                                                                                                                                                          residents from sale of units of equity oriented schemes.
Recurring Expenses                                                                                                                                          Short term capital gains arising to a unit holder will be taxed at the normal rate applicable to that unit holder as per the
                                                                                                                                                                                                                                                                                                          In addition to the aforesaid tax, in the case of an individual, HUF or Association of Persons (AOP), where the
The Investment Manager retains the right to charge the actual expenses to the Scheme / Plan, however the expenses charged will                              provisions of the Act. The capital gains will be computed by deducting expenditure incurred in connection with such
                                                                                                                                                                                                                                                                                                          income exceeds Rs. 1,000,000 a surcharge of 10%, in the case of domestic companies, where the income exceeds
not exceed the statutory limits prescribed by the Regulations.                                                                                              transfer and cost of acquisition of the unit from the sale consideration.
                                                                                                                                                                                                                                                                                                          Rs. 10,000,000 a surcharge of 10%, in case of foreign companies, where the income exceeds Rs. 10,000,000, a
The recurring expenses of the Scheme(s) / Plan(s) (including investment and advisory fees ) are presently subject to the following                          The taxable/total income and the tax payable arising from short term capital gains shall be computed in accordance                            surcharge of 2.5% and in case of an artificial juridical person a surcharge of 10% of such tax liability is also payable.
maximum limits (as a percentage of Weekly Average Net Assets) as per Regulation 52. Expenses over and above the permitted                                   with the tax rates applicable to the investor.                                                                                                An education cess of 3% (inclusive of 1% of an additional cess for Secondary and Higher Education) on total income
limit under the applicable Regulations will be borne by the AMC.                                                                                            However, as per section 111A of the Act, short term capital gain arising from the sale of a unit of an equity oriented fund                   tax (including surcharge) is payable by all categories of taxpayers.
                                                                                                                                                            is taxable at the rate of 10%. The provisions related to minimum amount not chargeable to tax, described at clause
                                                                                                                                                                                                                                                                                                 15.      As per circular no. 728 dated October 30, 1995 issued by the CBDT, in the case of a remittance to a country with
                           Kotak Gilt Investment Plan / Kotak Gilt Savings Plan                                                                             4 would also apply to such short-term capital gains. In such cases, at the time of sale of units (redemption) the unit
                                                                                                                                                                                                                                                                                                          which a Double Tax Avoidance Agreement (DTAA) is in force, the tax should be deducted at the rate provided in the
                             / Kotak Gilt Provident Fund & Trust Plan / Kotak           Kotak 30 / Kotak Balance / Kotak MNC /                              holder will have to pay STT of 0.25% of the sale / redemption value.
                                                                                                                                                                                                                                                                                                          Finance Act of the relevant year or at the rate provided in the DTAA, whichever is more beneficial to the assessee. In
     Weekly Average         Bond / Kotak Bond Short Term Plan / Kotak Liquid            Kotak Tech / Kotak Global India / Kotak                     6.      For the purposes of point 4 and 5 above,                                                                                                      order for the Unitholder to obtain the benefit of a lower rate available under a DTAA, the Unitholder will be required to
     Net Assets (Rs.)        / Kotak Floater Short Term / Kotak Floater Long          Opportunities / Kotak Mid-Cap /Kotak Contra /                                                                                                                                                                       provide the Mutual Fund with a certificate obtained from his Assessing Officer stating his eligibility for the lower rate.
                                                                                                                                                            An “equity oriented fund” is a fund where the investible funds are invested in equity shares of domestic companies to
                           Term / Kotak Income Plus / Kotak Flexi Debt / Kotak                Kotak Tax Saver / Lifestyle
                                                                                                                                                            the extent of more than 65% of the total proceeds of such fund.                                                                      16.      Mutual Fund units are exempt from wealth tax.
                                             Equity Arbitrage
                                                                                                                                                            In addition to the aforesaid tax, in the case of an individual, HUF or Association of Persons (AOP), where the                 B. For the Mutual Fund
     First 100 Crores                            2.25%                                                    2.50%                                             income exceeds Rs. 1,000,000 a surcharge of 10%, in the case of domestic companies, where the income exceeds
     Next 300 Crores                             2.00%                                                    2.25%                                             Rs. 10,000,000 a surcharge of 10%, in case of foreign companies, where the income exceeds Rs. 10,000,000, a                         1.     Kotak Mahindra Mutual Fund is a Mutual Fund registered with SEBI and as such is eligible for benefits under Section
     Next 300 Crores                             1.75%                                                    2.00%                                             surcharge of 2.5% and in case of an artificial juridical person a surcharge of 10% of such tax liability is also payable.                  10(23D) of the Act. Accordingly, its entire income is exempt from tax.
     Balance Assets                              1.50%                                                    1.75%                                             An education cess of 3% (inclusive of 1% of an additional cess for Secondary and Higher Education) on total income
                                                                                                                                                                                                                                                                                                2.     Mutual Funds (other than equity oriented funds) are required to pay dividend distribution tax at the rate of 14.1625%
                                                                                                                                                            tax (including surcharge) is payable by all categories of taxpayers.
                                                                                                                                                                                                                                                                                                       (including surcharge @10%, education cess @2% and secondary and higher education cess at the rate of 1%), in the
In respect of Kotak Equity FOF, the total expenses will not exceed 0.75% of the daily average net assets.
                                                                                                                                                    7.      The capital loss resulting from sale of units would be available for setting off against other capital gains made by the                   case of distributions to individuals and HUFs. An increased rate of 22.66% (including surcharge @10%, education cess
Tax Treatment for Unitholders and the Mutual Fund                                                                                                           investor and would reduce the tax liability of the investor to that extent. However, losses on transfer of long term capital               @2% and Secondary and higher education cess at the rate of 1%) is applicable for distributions made to persons other
The information set out below outlines the tax implications with respect to the Unit holders of the Scheme and with respect to the                          assets would be allowed to be set-off only against gains from transfer of long-term capital assets and the balance long-                   than an individual or a HUF.
Mutual Fund and is based on relevant provisions of the Indian Income Tax Act, 1961 and Wealth Tax Act, 1957 (collectively known                             term capital loss shall be carried forward separately for a period of eight assessment years to be set off only against
as “the relevant provisions”), and prevailing as on November 22, 2007.                                                                                                                                                                                                                          3.     Mutual funds which are ‘Money Market Mutual Fund’1 or ‘Liquid Fund’2 are required to pay dividend distribution tax at the
                                                                                                                                                            long-term capital gains. Further, as the long-term capital gains on sale of units of equity oriented fund are exempt from
                                                                                                                                                                                                                                                                                                       rate of 28.325% (including surcharge @10%, education cess @2% and secondary and higher education cess at the rate
Price Waterhouse does not make any representation on the procedures for ascertaining the tax implications nor do they make any                              tax the losses from such units may not be allowed to be set off against other gains.
                                                                                                                                                                                                                                                                                                       of 1%).
representations regarding any legal interpretations. Further, except for the above procedure, Price Waterhouse has not performed                    8.      Where a person buys any units within a period of three months before the record date and sells such units within nine
any other services in connection with any other data or information included in the Offer Document.                                                         months after such date, the dividend income on such units being exempt from tax, then the capital loss, if any, on such        1
                                                                                                                                                                                                                                                                                                Money market mutual fund means a money market mutual fund as defined in sub-clause (p) of clause 2 of the SEBI (Mutual
THE FOLLOWING INFORMATION IS PROVIDED FOR GENERAL INFORMATION PURPOSES ONLY. IN VIEW OF THE                                                                 sale to the extent of dividend income cannot be set off against other gains.                                                        Funds) Regulations, 1996.”
INDIVIDUAL NATURE OF TAX IMPLICATIONS, EACH INVESTOR IS ADVISED TO CONSULT HIS OR HER OWN TAX ADVISER                                               9.      Where a person buys units (original units) within a period of three months before the record date, receives bonus
                                                                                                                                                                                                                                                                                           2
                                                                                                                                                                                                                                                                                                “liquid fund” means a scheme or plan of a mutual fund which is classified by the SEBI as a liquid fund in accordance with the
WITH RESPECT TO THE SPECIFIC TAX IMPLICATIONS ARISING OUT OF HIS OR HER PARTICIPATION IN THE SCHEME.                                                        units on such original units, and then sells the original units within a period of nine months from the record date and             guidelines issued by it in this behalf under the SEBI Act, 1992 or regulations made thereunder.



                                             For Investors’ Grievances please contact :                                                                          Kotak Mahindra Asset Mangement Company Limited (Investment Manager)                                                       Unitholders’ Information: Account Statement (on each transaction) and Annual Financial Results shall be provided to
                                          Computer Age Management Services Pvt. Ltd.                                                                       R. Chandrasekaran, 91/92, 9th Floor, Sakhar Bhavan, 230, Nariman Point, Mumbai 400 021.                                         the investors by post / e-mail / courier. Half-yearly Scheme(s) / Plan(s) portfolio will either be mailed to unitholders or
                              (Registrar) 158 Rayala Towers, 4th Floor, Anna Salai, Chennai 600 002.                                                  Ph. 022 6638 4444; Fax : 022 6638 4455; website : www.kotakmutual.com; e-mail: mutual@kotak.com                                      published in the newspaper as permitted under SEBI (Mutual Fund) Regulations, 1996.
                        Ph. 044 2852 1596 website www.camsonline.com e-mail : enq_k@camsonline.com                                                             Registered Office : 5A, 5th Floor, Bakhtawar, 229, Nariman Point, Mumbai 400 021.


                                                                                                             GUIDELINES FOR FILLING UP THE COMMON APPLICATION FORM
1.     GENERAL INFORMATION                                                                                                                               a position to furnish PAN, such investor shall furnish Form 60 along with proof of address in addition to the evidence of                 individuals including society, trust, body corporate, partnership firm, Karta of Hindu Undivided Family, holder of Power of
                                                                                                                                                         having applied for PAN.                                                                                                                   Attorney cannot nominate. If the units are held jointly, all joint holders will sign the Nomination Form.
       a) Please fill up the Application Form legibly in English in CAPITAL LETTERS.
                                                                                                                                             3.   BANK ACCOUNT DETAILS                                                                                                                          b) A minor can be nominated and in that event, name and address of the guardian of the minor nominee shall be provided
       b) Please read this Memorandum and the respective Offer Document carefully before investing. Your application for
                                                                                                                                                                                                                                                                                                   by the unitholder. Nomination can also be in favour of the central government, state government, a local authority, any
          allotment of units in the Scheme(s) is construed to have been made with a full understanding of the terms and conditions                a) Please furnish the Name of your Bank, Branch and City (i.e clearing circle in which the branch participates), Account
                                                                                                                                                                                                                                                                                                   person designated by virtue of his office or a religious or charitable trust.
          applicable to it and the same is binding on you in respect of your investment in the Scheme(s).                                            Type and Account Number. This is mandatorily required as per SEBI. Applications without this information will be
                                                                                                                                                                                                                                                                                                c) The Nominee shall not be a trust (other than a religious or charitable trust), society, body corporate, partnership firm,
       c)   Application Forms incomplete in any respect or not accompanied by a Cheque / Demand Draft are liable to be rejected. In                  deemed to be incomplete & would be rejected.
                                                                                                                                                                                                                                                                                                   Karta of Hindu Undivided Family or a Power of Attorney holder. A non-resident Indian can be a nominee subject to the
            case your investment application gets rejected on account of the same being incomplete in any respect, your investment                b) If your bank details furnished in the Application Form is of any of the banks through which we offer a Direct Credit Facility                 exchange control regulations in force, from time to time.
            amount would be refunded without interest within 30 days.                                                                                (listed in the Application Form), Dividend / Redemption Proceeds will be directly credited into your Bank Account. An
                                                                                                                                                                                                                                                                                                d) Transfer of units in favour of a Nominee shall be valid discharge by Kotak Mahindra Asset Management Company Limited
2.     APPLICANT’S INFORMATION                                                                                                                       Account Statement confirming the transaction would be sent to you.
                                                                                                                                                                                                                                                                                                   against the legal heir.
       a) If you are already a Unitholder in any scheme of the Fund and wish to make your present investment in the same Account,            4.   INVESTMENT DETAILS                                                                                                                            e) The cancellation of nomination can be made only by those individuals who hold units on their behalf singly or jointly and
          please fill in the Name of Sole/First Holder & Account No. in Section 1, PAN details in Section 2 of the Application Form               a) Please specify your Investment Option in the Application Form. If you have chosen the Dividend Option, please indicate                        who made the original nomination. On cancellation of the nomination, the nomination shall stand rescinded and Kotak
          and then proceed to Section 4. Your personal information and bank account details indicated for your account would also                     whether you would like a payout or re-investment of your dividend as also the frequency at which you would like to                           Mahindra Asset Management Company Limited shall not be under any obligation to transfer the units in favour of the
          apply to this investment.                                                                                                                   receive the same. If you do not indicate the choice of Dividend Option, Dividend re-investment option will be considered                     Nominee.
       b) If you are applying for units in Kotak Mahindra Mutual Fund for the first time, please furnish your complete postal address                 as the default option for all equity schemes.
                                                                                                                                                                                                                                                                                           6.   KOTAK FACILITIES
          with Pin Code (P.O. Box No. not enough) and your Contact Nos. This would help us reach you faster.                                          Please refer the Schemes Snapshot table on below for available options and dividend frequency of various
                                                                                                                                                                                                                                                                                                a) If you have an E-Mail address, you can choose to receive E-mail communication from us in lieu of printed communication.
                                                                                                                                                      schemes.
       c)   If you also have Joint Applicant(s) for the investment, please specify the Mode of Operation. In the absence of this                                                                                                                                                                   Please furnish your E-Mail ID and indicate the nature of communication you wish to receive over E-Mail.
                                                                                                                                                  b) Please issue a separate Cheque / Demand Draft for each separate Scheme / Plan.
            information from your end, the Mode of Operation would be presumed to be “Joint”. All communication (including Account                                                                                                                                                              b) If you wish to view your investments or transact over the Internet / Telephone, please fill in the enclosed Internet / Phone
            Statements and Redemption / Dividend / Refund Cheques) in the case of units held jointly would be addressed to the                    c) Cheques should be crossed “A/c Payee Only” and drawn in favour of the Scheme in which you propose to invest. Details
                                                                                                                                                                                                                                                                                                   Transactions Form.
            First Holder.                                                                                                                             in last column of the Schemes Snapshot table.
                                                                                                                                                                                                                                                                                           7.   DECLARATION AND SIGNATURES
                                                                                                                                                  d) If you are residing / located in a city / town where we do not have an Official Acceptance Point, please draw a Demand
       d) Permanent Account Number (PAN) Information (Mandatory)                                                                                                                                                                                                                                a) Signatures can be in English or in any other Indian language. Thumb impressions must be attested by a Magistrate or a
                                                                                                                                                      Draft payable at your nearest city / town where we have an Official Acceptance Point.
            With effect from July 2, 2007, it is mandatory for all existing and prospective investors (including joint holders, guardians                                                                                                                                                          Notary Public or a Special Executive Magistrate under his/her official seal.
                                                                                                                                                  e) Payments by Cash, Stockinvests, Outstation Cheques, Non-MICR Cheques will not be accepted. Post dated cheques
            of minors and NRIs) to enclose a copy of PAN card or a copy of the evidence of having applied for PAN Card to the                                                                                                                                                                   b) Applications by minors must be signed on their behalf by their guardians.
                                                                                                                                                      will not be accepted except for investments made under Systematic Investment Plan.
            application for investing in mutual fund schemes. All new investors shall furnish a Copy of PAN card for investing in                                                                                                                                                               c) If you are investing through your constituted attorney, please ensure that the POA document is signed by you and your
            Kotak Mutual Fund Schemes. Such of those investors who have not obtained PAN, may furnish a copy of the evidence                 5.   NOMINATION DETAILS
                                                                                                                                                                                                                                                                                                   Constituted Attorney. The signature in the Application Form, then, needs to clearly indicate that the signature is on your
            of having applied for PAN until December 31, 2007. If the investment is Rs 50,000 or more and the investor is not in                  a) The nomination can be made only by individuals applying for / holding units on their own behalf singly or jointly. Non-                       behalf by the Constituted Attorney.




CHECKLIST
Please ensure that :
5 Your Application Form is complete in all respects & signed by all applicants :                                                                                                                                         5      Your Investment Cheque / DD is drawn in favour of Scheme / Plan (indicated in the last column of SchemesHSnapshot table), dated and signed.
    # Name, Address and Contact Details are mentioned in full.                                                                                                                                                           5      Application Number is mentioned on the reverse of the cheque.
    # Bank Account Details are entered completely and correctly. 9 digit MICR Code of your bank is mentioned in the Application Form.                                                                                    5      If you have opted for any Kotak Facility, the relevant form is duly filled and submitted along with the Application Form.
    # Permanent Account Number (PAN) of all Applicants is mentioned and necessary documents [refer Guidelines 2(d)] are enclosed.                                                                                        5      A cancelled Cheque leaf of your Bank is enclosed in case your investment cheque is not from the same account.
    # Appropriate Investment Option is selected. If the Dividend Option is chosen, Dividend Payout or Re-investment and Dividend Frequency is indicated.                                                                 5      Documents as listed below are submitted along with the Application Form (as applicable to your specific case).
    # If units are applied for Jointly, Mode of Operation of account is indicated.

                                        Documents                                                             Companies                                         Trusts                                       Societies                               Partnership Firms                                   NRIs / PIOs                                        FIIs                         Investments through Consti-
                                                                                                                                                                                                                                                                                                                                                                                                tuted Attorney
1.   Resolution / Authorisation to invest                                                     "                                  "                                                                               "                                              "                                                                                            "
2.   List of Authorised Signatories with Specimen Signature(s)                                "                                  "                                                                               "                                              "                                                                                            "                                             "
3.   Memorandum & Articles of Association                                                     "
4.   Trust Deed                                                                                                                  "
5.   Bye-Laws                                                                                                                                                                                                    "
6.   Partnership Deed                                                                                                                                                                                                                                           "
7.   Notarised Power of Attorney                                                                                                                                                                                                                                                                                                                                                                           "
8.   Account Debit / Foreign Inward Remittance Certificate from remitting                                                                                                                                                                                                                                      "                                             "
     Bank
All documents in 1 to 8 above should be originals / true copies certified by the Director / Trustee / Company Secretary / Authorised Signatory / Notary Public.


                                                                                                                                                                         OFFICIAL ACCEPTANCE POINTS
KOTAK MAHINDRA ASSET MANAGEMENT COMPANY LIMITED
A Ahmedabad : 9,10,11- 2nd floor, Siddhi Vinayak Complex, Shivranjani Cross Roads, Satellite. Ahmedabad - 380015. A Bangalore : 2nd Fl., Umiya Landmark, 10/7, Lavelle Road, Bangalore - 560001. A Bhubaneshwar : Centre Point, Unit-A, 2nd Flr, Kharvela Nagar, Janpath Bhubaneswar - 751001. A Chandigarh: S.C.O.- 2475,
2476, 1st Floor, Sector-22-C, Chandigarh - 160 022. A Chennai: 1st Floor, Eldorado Building, 112 Nungambakkam High Road, Chennai - 600034. A Hyderabad : 2nd Floor, Jewel Pavani (EB), 2nd Floor, 6-3-1109/1, Somaji Guda, Hyderabad - 500 082 A Kanpur : Room No. 107, 1st floor Ratan Squire, 14/144 Chunni Ganj,
Kanpur - 208001 A Kolkata : 7th Floor, Block ‘C’, Apeejay House, 15, Park Street, Kolkata - 700 016 A Madurai : A R Plaza,No. 16 and 17, North Veli Street, Madurai - 625001. A Mumbai : Sakhar Bhavan 9th Floor 91-92 Nariman Point, Mumbai - 400 021. A New Delhi : 12-14, Upper Ground Floor, Ambadeep Building, 14, Kasturba
Gandhi Marg, New Delhi - 110 001. A Pune: Office No. 31, 3rd Floor, “Yeshwant”, Plot No. 37/10B Opp. Lane No. 9, Prabhat Road, Erandwana, Pune - 411004 A Vadodara : 1st Floor, 108 Avanti Chambers, Anand Society, B/H Express Hotel, R C Dutt Road, Vadodara H 390005.
COMPUTER AGE MANAGEMENT SERVICES PRIVATE LIMITED (CAMS) - INVESTOR SERVICE CENTRES
A Ahmedabad : 402-406, 4th Floor - Devpath Building, Off C G Road, Behind Lal Bungalow Ellis Bridge, Ahmedabad - 380 006. A Bangalore: Trade Centre, 1st Floor 45, Dikensen Road, (Next to Manipal Centre) Bangalore - 560 042 A Bhubaneswar : 101/ 5, Janpath, Unit III, Near Hotel Swosti, Bhubaneswar - 751 001. A Chandigarh:
S.C.O.- 2475, 2476, 1st Floor, Sector-17-C, Chandigarh - 160 022. A Chennai : Ground Floor No.178/10, Kodambakkam High Road, Opp. Hotel Palmgrove Nungambakkam Chennai - 600 034. A Cochin : 40 / 9633 D, Veekshanam Road, Near International hotel, Cochin - 682 035. A Coimbatore : Old # 66 New # 86, Lokamanya
Street (West) Ground Floor R.S.Puram, Coimbatore - 641 002. A Durgapur : 4/2, Bengal Ambuja Housing Development Ltd, Ground Floor, City Centre, Dist - Burdwan, West Bengal Durgapur - 713 216. A Goa : No.108, 1st Floor, Gurudutta Bldg, Above Weekender M G Road, Panaji (Goa) - 403 001. A Hyderabad : 102, First Floor,
Jade Arcade, Paradise Circle Secunderabad - 500 003. A Indore : 101, Shalimar Corporate Centre, 8-B, South tukogunj, Opp. Greenpark, Indore - 452 001. A Jaipur : G-III, Park Saroj, Behind Ashok Nagar, Police Station, R-7, Yudhisthir Marg ,C-Scheme Jaipur - 302 001. A Kanpur : 106 to 108 1st Floor City Centre Phase II 63/2,
The Mall, Kanpur 208001. A Kolkata : “LORDS Building” 7/1,Lord Sinha Road, Ground Floor, Kolkata - 700 071. A Lucknow : Off # 4,1st Floor,Centre Court Building, 3/c, 5 - Park Road, Hazratganj, Lucknow - 226 001. A Ludhiana : U/ GF, Prince Market, Green Field, Near Traffic Lights, Sarabha Nagar Pulli Pakhowal Road, Above Dr.
Virdi’s Lab P.O Model Town, Ludhiana - 141 002. A Madurai : 86/71A, Tamilsangam Road, Madurai - 625 001.A Mangalore : No. G 4 & G 5, Inland Monarch, Opp. Karnataka Bank, Kadri Main Road, Kadri Mangalore - 575 003. A Mumbai : Rajabahdur Compound, Ground Floor, Opp Allahabad Bank, Behind ICICI Bank, 30, Mumbai
Samachar Marg, Fort Mumbai - 400 023. A Nagpur : 145 Lendra, Behind Indus Ind Bank New Ramdaspeth, Nagpur - 440 010. A New Delhi : 304-305 III Floor, Kanchenjunga Building 18, Barakhamba Road, Cannaugt Place, New Delhi - 110 001. A Patna : Kamlalaye Shobha Plaza (1st Floor), Behind RBI Near Ashiana Tower,
Exhibition Road, Patna - 800 001. A Pune : Nirmiti Eminence, Off No. 6, I Floor, Opp Abhishek Hotel Mehandale Garage Road, Erandawane, Pune - 411 004. A Surat : Office No 2 Ahura -Mazda Complex, First Floor, Sadak Street Timalyawad, Nanpura, Surat - 395 001. A Vadodara : 109 - Silver Line, Besides world Trade Centre
Sayajigunj, Vadodara - 390 005. A Vijayawada : 40-1-68, Rao & Ratnam Complex, Near Chennupati Petrol Pump M.G Road, Labbipet Vijayawada - 520 010. A Visakhapatnam : 47/ 9 / 17, 1st Floor 3rd Lane , Dwaraka Nagar, Visakhapatnam - 530 016.
COMPUTER AGE MANAGEMENT SERVICES PRIVATE LIMITED (CAMS) - TRANSACTION POINT
A Agra : F-39/203, Sky Tower, Sanjay Place, Agra 282002. A Ahmednagar : 203-A, Mutha Chambers, Old Vasant Talkies, Market Yard Road, Ahmednagar - 414001. A Ajmer : Shop No.S-5, Second Floor, Swami Complex, Ajmer 305001. A Akola : Opp RLT Science College, Civil Lines, Akola 444001. A Allahabad : No.7 Ist Floor,
Bihari Bhawan, 3, S.P. Marg, Civil Lines Allahabad 211001. A Aligarh : City Enclave, Opp. Kumar Nursing Home, Ramghat Road Aligarh 202001. A Alwar : 256A, Scheme No:1, Arya Nagar, Alwar 301001. A Amaravati : 81, Gulsham Tower, 2nd Floor, Near Panchsheel Talkies, Amaravati 444601. A Amritsar : 378-Majithia Complex,
1st Floor, M. M. Malviya Road, Amritsar 143001. A Anand : 101, A.P. Tower, B/H, Sardhar Gunj, Next to Nathwani Chambers Anand 388001. 7. A Anantapur: 15-570-33, I Floor, Pallavi Towers, Anantpur. A Ankleshwar: G-34, Ravi Complex, Valia Char Rasta, G.I.D.C., Ankleshwar- Bharuch - 393 002. A Asansol : Block G 1st Floor
P C Chatterjee Market Complex, Rambandhu Talab P O Ushagram, Asansol - 713303. A Aurangabad : Office No. 1, 1st Floor, Amodi Complex Juna Bazar, Aurangabad 431001. A Balasore : B C Sen Road, Balasore 756001. A Barely: F-62-63 Butler Plaza, Civil Lines, Bareily. A Belgaum : Tanish Tower, CTS No. 192/A, Guruwar
Peth, Tilakwadi Belgaum 590006. A Bellary : No.18A, 1st Floor, Opp. Ganesh Petrol Pump, Parvathi Nagar Main Road, Bellary 583103. A Berhampur : First Floor, Upstairs of Aaroon Printers Gandhi Nagar Main Road, Ganjam Dt Orissa, Berhampur -760001. A Bhagalpur: Dr R P Road, Khalifabagh Chowk Bhagalpur -812001.
A Bhavnagar : 305-306, Sterling Point, Waghawadi Road, OPP. HDFC BANK, Bhavnagar 364002. A Bhilai : 209 , Khichariya Complex Opp IDBI Bank, Nehru Nagar Square, Bhilai 490020. A Bhilwara : C/o Kodwani & Associates, F-20-21, Apsara Complex., Azad Market Bhilwara 311001. A Bhopal : C-12, Near City Bank, Above
Delhi Prakashan Agency Zone-I, M.P.Nagar, Bhopal 462011. A Bhuj : Data Solution, Office No:17 I st Floor, Municipal Building, Opp Hotel Prince, Station Road, Bhuj Kutch 370001. A Bokaro : HC-3, Ist Floor, CityCentre, Sector-4 Bokaro Steel City, Bokaro 827004. A Burdwan : 399, G T Road, Opposite of Talk of the Town, Burdwan
713101. A Calicut : 17/28, H 1st Floor Manama Building, Mavoor Road, Calicut 673001. A Cuttack : Near Allahabad Bank, Cantonment Road, Cuttack 753001. A Davenegere: 13, Ist Floor, Akkamahadevi Samaj Complex, Church Road, P.J.Extension, Devengere 577002. A Dehradun : 204/121 Nari Shilp Mandir Marg Old Connaught
Place, Dehradun 248001. 1. A Deoghar: S S M Jalan Road, Ground Floor, Opp. Hotel Ashoke, Caster Town, Deoghar. A Dhanbad : Urmila Towers, Room No: 111(1st Floor), Bank More Dhanbad 826001. A Dhule: H. No. 1793 / A, J.B. Road, Near Tower Garden, Dhule : 424001. A Erode: 197, Seshaiyer Complex, Agraharam Street,
Erode. A Faridhabad : B-49, Ist Floor, Nehru Ground, Behind Anupam Sweet House, NIT Faridhabad 121001. A Ghaziabad : 207/A-14, IInd Floor Devika Chamber, RDC Raj nagar, Gazhiabad 201002. A Gorakhpur : Shop No. 3, Second Floor, Cross Road, A.D. Chowk, Bank Road Gorakhpur 273001. A Guntur : Door No 5-38-44
5/1 BRODIPET, Near Ravi Sankar Hotel, Guntur 522002. A Gurgoan : SCO - 17, 3rd Floor, Sector-14, Gurgoan 122001. A Guwahati : Old post office lane, A. K. Azad Lane, Rehabari Guwahati 781008. A Gwalior : 1st Floor, Singhal Bhavan aji Vitthal Ka Bada, Old High Court Road, Gwalior 474001. 6. A Hazaribagh: Muncipal
Market, Annada Chowk, Hazaribagh. A Hosur : Shop No.8 J D Plaza, OPP TNEB Office, Royakotta Road, Hosur 635109. A Hubli : 206 & 207. 1st Floor, ‘A’ Block, Kundagol Complex, Opp Court, Club road, Hubli 580029. A Jabalpur : 975,Chouksey Chambers, Near Gitanjali School, 4th Bridge, Napier Town, Jabalpur 482001.
A Jalandhar : 367/8, Central Town Opp. Gurudwara Diwan Asthan, Jalandhar 144001. A Jalgoan: 70, Navipeth, Opp old Bus Stand, Jalgoan. A Jammu : 660- A Near Digital Wares, Lane opposite Dushara Ground, Front Gate, Gandhi Nagar, Jammu 180004. A Jamnagar : 217/218, Manek Centre P.N. Marg, Jamnagar 361001.
A Jamshedpur : Millennium Tower, Room No:15 First Floor, R- Road, Bistupur Jamshedpur 831001. A Jhansi : Babu Lal Karkhana Compound, Opp.SBI Credit Branch, Gwalior Road, Jhansi 284001. A Jodhpur : 1/5, Nirmal Tower, Ist Chopasani Road Jodhpur : 342003. A Junagadh : Circle Choiwk, Near Choksi Bazar, Kaman
Junagadh 362001. A Kalyani : A - 1/50, Block - A, Nadia Dt Kalyani 741235. 4. A Kannur: Room No. 14/435, Casa Marina Shopping Centre, Talap,Kannur. A Karimnagar: Hno 7-1-257, Upstairs S B H, Mangammthota, Karimnagar. A Kapada: Door No. 1-1625, DNR Laxmi Plaza, Opp Rajiv Marg, Railway Station Road, Yerramukkapalli,
Kapada 516004. A Kestopur : AA 101, Prafulla Kanan, Sreeparna Appartment, Ground Floor, Kolkata Kestopur - 700101. A Kolhapur : AMD Sofex Office No. 7, 3rd Floor, Ayodhya Towers, Station Road, Kolhapur 416001. A Kollam : Kochupilamoodu Junction Near VLC, Beach Road, Kollam -691001. A Kota : B-33 ‘Kalyan Bhawan,
Triangle Part ,Vallabh Nagar, Kota 324007. A Kottayam : Door No. IX / 1276 Amboorans Building, Manorama Junction, Kottayam 686001. A Kumbakonam : Jailani Complex 47, Mutt Street Kumbakonam - 612001. A Manipal : Academy Annex, First Floor, Opposite Corporation Bank, Upendra Nagar Manipal 576104. A Mathura :
159/160 Vikas Bazar Mathura 281001. A Meerut : 108 Ist Floor Shivam Plaza, Opposite Eves Cinema, Hapur Road, Meerut 250002. 5. A Mehsana: 1St Floor, Subhadra Complex, Urban Bank Road, Mehsana. A Moradabad : B-612 ‘Sudhakar’ Lajpat Nagar, Moradabad 244001. A Muzzafarpur : Brahman toli, Durga Asthan, Gola
Road, Muzaffarpur - 842001. A Mysore : No.1, 1st Floor CH.26 7th Main, 5th Cross, (Above Trishakthi Medicals), Saraswati Puram, Mysore 570009. A Nasik : “Varsha Bungalow” 1st Floor, Near Rungtha High School 493, Ashok Stambh, Nasik - 422001. A Navsari : Dinesh Vasani & Associates, 103 Harekrishna Complex, above
IDBI Bank, Nr. Vasant Talkies Chimnabai Road, Navasari - 396445. A Nellore: 97/56, I Floor Immadisetty Towers, Ranganayakulapet Road, Santhapet, Nellore. A Panipat : 83, Devi Lal Shopping Complex Opp ABN Amro Bank, G.T.Road, Panipat 132103. A Patiala : 35, New lal Bagh Colony, Patiala - 147001. A Pondicherry : S-8,
100, Jawaharlal Nehru Street (New Complex, Opp. Indian Coffee House), Pondicherry : 605001. 2. A Porbander: 1st Floor, Silver Complex, S.T. Road, Porbandar. A Raipur: C-24, Sector 1,Devendra Nagar, Raipur. A Rajahmundry : Cabin 101 D. no 7-27-4 1st Floor Krishna Complex, Baruvari Street, T Nagar, Rajahmundry - 533101.
A Rajkot : 111, Pooja Complex Harihar Chowk, Near GPO, Rajkot - 360001. A Ranchi : 223,Tirath Mansion (Near Over Bridge),1st Floor, Main Road, Ranchi 834001. A Ratlam : Dafria & Co 81, Bajaj Khanna, Ratlam 457001. A Rohtak : 205, 2ND Floor, Blg. No. 2, Munjal Complex, Delhi Road, Rohtak - 124001. A Rourkela : 1st
flooor, Mangal Bhawan , Phase II Power House Road, Rourkela - 769001. A Sagar: Opp Somani Automobiles, Bhagwanganj, Sagar 470002. A Salem: No. 2, I Floor Vivekananda Street, New Fairlands, Salem. A Sambalpur : C/o Raj Tibrewal & Associates, Opp. Town High School, Sansarak, Sambalpur - 768001. A Satara : 117 / A /
3 / 22, Shukrawar Peth, Sargam Apartment, Satara - 415 002. A Shimla: 1st Floor, Panchayat Bhawan Main Gate, Bus Stand, Shimla 171001. A Siliguri : No 8, Swamiji Sarani, Ground Floor, Hakimpara Siliguri - 734401. A Solapur : 4, Lokhandwala Tower, 144, Sidheshwar Peth, Near Z.P. Opp. Pangal High School, Solapur - 413001.
3. A Surendranagar: 2 M I Park, Near Commerce College, Wadhwan City, Surendranagar. A Tirunelveli : III Floor, Nellai Plaza, 64-D, Madurai Road Tirunelveli 627001. A Tirupathi : Shop No14, Boligala Complex, 1st Floor, Door No. 18-8-41B, Near Leela Mahal Circle, Tirumala Byepass Road Tirupathi - 517501. A Thiruppur : 1(1),
Binny Compound, Iind Street, Kumaran Road, Thiruppur - 641601. A Trichur : Adam Bazar, Room no.49, Ground Floor Rice Bazar (East), Trichur - 680001. A Trichy : No 8, I Floor, 8th Cross West Extn, Thillainagar Trichy - 620018. A Trivandrum : R S Complex Opposite of LIC Building, Pattom PO Trivandrum - 695004. A Udaipur :
32 Ahinsapuri, Fatehpura Circle, Udaipur - 313004. A Valsad: Ground Floor, Yash kamal-“B”, Near Dreamland Theater, Tithal Road, Valsad. A Varanasi: C 27/249 - 22A, Vivekanand Nagar Colony Maldhaiya, Varanasi - 221002. A Vashi : Mahaveer Center, Office No:17, Plot No: 77, Sector 17, Vashi - 400703. A Vellore : No:54, Ist
Floor Pillaiyar Koil Street Thotta Palayam, Vellore - 632004. A Warangal : F13, 1st Floor, BVSS Mayuri Complex, Opp. Public Garden, Lashkar Bazaar Hanamkonda, Warangal H 506001. A Yamuna Nagar: 124 B/R, Model Town, Yamuna Nagar - 135 001.
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                                                           R                                                                                                         91/92, 9th Floor, Sakhar Bhavan
                                                                                                                                                                     230, Nariman Point, Mumbai 400 021
                                                                    COMMON APPLICATION FORM                                                                               022 6638 4400
                                                                                                                                                                          mutual@kotak.com
                                                        R
                                                                                                                                                                          www.kotakmutual.com
                     Investment Advisor’s Name                                                                                                                           .
                                                      Sub-Broker’s Name & ARN           Official Acceptance Point         LG - Code              Bank Sr. No.        Appl.CA
                              & ARN

       Capital
    YS DIRECT
            48100   ARN-         DIRECT             ARN-                                    Stamp & Sign                                                             Date : DD / MM / YYYY

                    1. EXISTING UNITHOLDER INFORMATION                                                                                                             [Refer Guideline 2(a)]
                     If you have, at any time, invested in any Scheme of Kotak Mahindra Mutual Fund and wish to hold your present investment in the same Account,
                     please furnish your Name, Account Number and PAN details below and proceed to Section 4.
                     Name of Sole / First Holder :                                                                                         Account No.:                                     /

                    2. NEW APPLICANTS’ PERSONAL INFORMATION                                                                                                          [Refer Guideline 2]
                    SOLE/FIRST APPLICANT                                                                       Mr            Ms            Mrs            Dr                  Date of Birth
                                                                                                                                                                        DD / MM / YYYY
                                  First Name                                     Middle Name                                      Last Name

                    GUARDIAN (in case Sole / First Applicant is a minor)                                       Mr            Ms            Mrs            Dr         Status (Please _)
                                                                                                                                                                     L Resident Individual
                                                                                                                                                                     L lNRI on Repatriation Basis
                                                                                                                                                                     L NRI on Non-Repatriation Basis
                                                                                                                                                                     L HUF
                                   First Name                                    Middle Name                                      Last Name                          L Proprietorship
                                                                                                                                                                     L Partnership Firm
                     CONTACT PERSON (in case of Non-individual applicants)                                     Mr            Ms            Mrs            Dr         L Private Limited Company
                                                                                                                                                                     L Public Limited Company
                                                                                                                                                                     L Mutual Fund
                                                                                                                                                                     L Mutual Fund FOF Scheme
                                                    Name                                                                Designation                                  L Body Corporate
                                                                                                                                                                     L Registered Society
                    SECOND APPLICANT (Joint Holder 1)                                                         Mr             Ms            Mrs            Dr         L PF/Gratuity/Pension/
                                                                                                                                                                         Superannuation Fund
                                                                                                                                                                     L TrustAOP / BOI
                                                                                                                                                                     L Foreign Institutional Investor
                                   First Name                                    Middle Name                                      Last Name                          L Others _________________
                                                                                                                                                                                    (Please specify)
                    THIRD APPLICANT (Joint Holder 2)                                                          Mr             Ms            Mrs            Dr         Occupation (Please _)
                                                                                                                                                                     (Mandatory)
                                                                                                                                                                     L Business
                                   First Name                                    Middle Name                                      Last Name                             l Manufacturing l Trading
                                                                                                                                                                     L Service
                    MODE OF OPERATION (where there are more than one applicants)                                                                                        l Government lNon-Government
                     First Holder only              Anyone or Survivor                                                       Joint                                   L Professional
                                                                                                                                                                         l Medicine       l Finance
                                                                                                                                                                         l Engineering l Legal
                    PAN*                Sole / First Applicant                        Second Applicant
                                                                                           d                                      Third Applicant                    L Retired
                                                                                                                                                                     L Housewife
                    Enclosed                                                                                                                                         L Student
                                     PAN Proof or     Form 60 / 61 / 49A          PAN Proof or   Form 60 / 61 / 49A         PAN Proof or      Form 60 / 61 / 49A
                    (please _)                                                                                                                                       L Agriculture
                                                                                                                                                                     L Others _________________
                                       * Mandatory for all Investors (Indian & NRI) irrespective of. the investment amount.                                                       (Please specify)
                     RESIDENTIAL ADDRESS (Mandatory)




                     City                                            Pin Code                                State                                          (Cell)
                        E-mail                                                                                   Tel.                                        (Fax)
                     OFFICE ADDRESS



                     City                                            Pin Code                                State                                          (Cell)
                        E-mail                                                                                   Tel.                                        (Fax)
                     OVERSEAS ADDRESS (Mandatory for Non-Resident applicants)                                         Address for Correspondence (Please _ )               Indian        Overseas



                     City                                            Zip Code                                    State
                     Country                                                                                  Nationality


                                        R                                                To be filled by Applicant
                                                                                                                                                         ACKNOWLEDGEMENT SLIP
                                                    Received from Mr./Ms.
                                       R
                                                    an application for allotment of Units in the following Scheme:                                       Appl. CA
                                 Investment Details                                    Instrument Details                            Amount

                    Scheme
                                                                           No.                   Dated DD/MM/YYYY Rs.
                    Plan
                                                                           Bank & Branch
                    Option




7
                                                                                                                                                            Official Acceptance Point Stamp & Sign
                    Please retain this slip duly acknowledged by the Official Acceptance Point till you receive your Account Statement.
3. BANK ACCOUNT DETAILS (MANDATORY)                                                                                                                    [Refer Guideline 3]




                                                                                                                                                                                           8
Name of Bank                                                                                                                      DIRECT CREDIT
                                                                                                                                              T
                                                                                                 We offer a Direct Credit Facility with the following banks for paying out Dividend and
Branch                                                                                           Redemption Proceeds to you faster.
                                                                                                 • ABN AMRO Bank                      • Deutsche Bank • IDBI Bank
                                             (Clearing Circle)                                   • AXIS Bank                          • HDFC Bank        • IndusInd Bank
City                                                                                             • Centurion Bank of Punjab           • HSBC             • Kotak Mahindra Bank
                                                                                                 • Citibank                           • ICICI Bank       • Standard Chartered Bank
Account No.                                                                                      • Corporation Bank
MICR Code                                                                                        If your bank account is with any of these banks, we will directly credit your dividend/
                                    This is the 9 digit No. next to your Cheque No.              redemption proceeds into the same.
                                                                                                 If, however, you wish to receive a cheque payout, please tick the box
Account Type :         Current     Savings        NRO         NRE        FCNR          Others    alongside.
4. INVESTMENT DETAILS                                                                                                                                  [Refer Guideline 4]
                                                                                                                                                     Payment Detail
Sl.                                                                      Plan/Option/                 Amount          Net Amount
                        Scheme Name                                                                                                      Cheque/
No.                                                                       Sub-option               Invested (Rs.)      Paid (Rs.)                            Bank and Branch
                                                                                                                                          DD No.
 1.
                                                                                                   Less DD Charges
 2.
                                                                                                   Less DD Charges
 3.
                                                                                                   Less DD Charges
        If you are an NRI Investor, please indicate source of funds for your investment (Please _)
            NRE         NRO           FCNR             Others                                (Please specify)
5. NOMINATION DETAILS (to be filled in by Individual(s) applying Singly or Jointly)                                                                    [Refer Guideline 5]
I / We _______________________________________________________________________ and ____________________________________________________ do hereby nominate the
undermentioned Nominee to receive the Units to my/our credit in Account No./Application No. _____________________ in the event of my/our death. I/we also understand that all payments
and settlements made to such Nominee and signature of the Nominee acknowledging receipt thereof, shall be a valid discharge by the AMC / Mutual Fund / Trustee.
  DETAILS OF NOMINEE                                                                                 DETAILS OF GUARDIAN (to be furnished in case Nominee is a Minor)
                                                                                                     (Strike off if this section is not applicable to you)
 NAME                                                                 Date of Birth
                                                                    DD / MM / YYYY                   NAME
ADDRESS                                                                                              ADDRESS
City/Town                                            Pin                                             City/Town                                      Pin
                Tel.                                                                                        Tel.
                                                                   Signature of Nominee                                                                        Signature of Guardian
6. E-MAIL COMMUNICATION                                                                                                                                   [Refer Guideline 6]
I / We would like to receive the following communication by E-Mail: [Please _]
     Account Statement          Monthly Update         ECS of Dividends                                      Transaction Confirmation             Annual Report
Please furnish your Email ID :                                                        Your E-mail ID here
7. DECLARATION AND SIGNATURES                                                                                                                          [Refer Guideline 7]
I / We have read and understood the contents of the Offer Document(s) of the respective Scheme(s) of Kotak Mahindra Mutual Fund. I / We hereby apply for allotment /
purchase of Units in the Scheme(s) indicated in Section 4 above and agree to abide by the terms and conditions applicable thereto. I / We hereby declare that I / We are au-
thorised to make this investment in the above-mentioned scheme(s) and that the amount invested in the Scheme(s) is through legitimate sources only and does not in-
volve and is not designed for the purpose of any contravention or evasion of any Act, Rules, Regulations, Notifications or Directions of the provisions of Income Tax Act,
Anti Money Laundering Act, Anti Corruption Act or any other applicable laws enacted by the Government of India from time to time. I / We hereby authorise Kotak Mahindra Mu-
tual Fund, its Investment Manager and its agents to disclose details of my investment to my / our Investment Advisor and / or my bank(s) / Kotak Mahindra Mutual Fund’s bank(s).
I / We have neither received nor been induced by any rebate or gifts, directly or indirectly, in making this investment.
Applicable to NRIs seeking repatriation of redemption proceeds: I / We confirm that I am / we are Non-Resident(s) of Indian Nationality / Origin and that I / We have remitted
funds from abroad through approved banking channels or from funds in my/our NRE / FCNR Account.
 SIGNATURE(S)




                       Sole / First Applicant                                            Second Applicant                                       Third Applicant
                                                                              (To be signed by All Applicants)
      Kotak Mahindra Mutual Fund
                                                                                                         Computer Age Management Services Pvt. Ltd.
      91/92, 9th Floor, Sakhar Bhavan, 230,
                                                                                                         158, Rayala Towers, 4th Floor, Anna Salai, Chennai 600 002
      Nariman Point, Mumbai 400 021
                                                                                                              044 2852 1596
          022-6638 4444
                                                                                                              enq_k@camsonline.com            www.camsonline.com
          mutual@kotak.com             www.kotakmutual.com




                                                                                                                                                                                           MPL/003/10-07
                        We are at your service on 1800-222-626 from 9.30 a.m. to 6.30 p.m. (Monday to Friday)

				
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