KOTAK Indo-World Infrastructure fund

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  #1  
Old 25th January 2008, 10:12 AM
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sabari164 is on a distinguished road
Default KOTAK Indo-World Infrastructure fund



Hi,

I have invested Rs.10000 in KOTAK Indo-World Infrastructure NFO which was closed on 28-Dec-07. So far i haven't received any communication regarding this from KOTAK. When can i know about the units allocated?

Regards,
Sabari

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  #2  
Old 25th January 2008, 09:35 PM
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Flash2talk is on a distinguished road
Smile Re: KOTAK Indo-World Infrastructure fund

You will get that only in about a month after the closing date of NFO

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  #3  
Old 28th January 2008, 09:19 PM
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thambiduraip is on a distinguished road
Smile Re: KOTAK Indo-World Infrastructure fund

You might have got the online/offline statement by this time.. check your online account if you purchased online

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  #4  
Old 29th January 2008, 11:17 AM
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reufra is on a distinguished road
Default Re: KOTAK Indo-World Infrastructure fund

For sundaram NFO,i got the documents only after 40 days.When i called their customer care center and inquired,they told me about this.You may call KOTAK customer care,they should be knowing.

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  #5  
Old 29th January 2008, 01:10 PM
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sskartiksharma is on a distinguished road
Default Re: KOTAK Indo-World Infrastructure fund

yep
Even I got the Sundaram Paribas Statement for an NFo almost 40 days after Closing and I am also waiting for the Statement from Kotak for the Indo Worl Infra Fund.

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  #6  
Old 29th January 2008, 03:35 PM
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Default Re: KOTAK Indo-World Infrastructure fund

Thanks you for your replies

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  #7  
Old 30th January 2008, 11:00 AM
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shah_rishi is on a distinguished road
Default Re: KOTAK Indo-World Infrastructure fund

Quote:
Originally Posted by sskartiksharma View Post
yep
Even I got the Sundaram Paribas Statement for an NFo almost 40 days after Closing and I am also waiting for the Statement from Kotak for the Indo Worl Infra Fund.
hi....have you invested in the kotak concentrated iv fund too?


Last edited by shah_rishi : 30th January 2008 at 11:07 AM. Reason: spelling mistake
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  #8  
Old 30th January 2008, 11:14 AM
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Default Re: KOTAK Indo-World Infrastructure fund

Hi,
I got my units allocated and received the statement yesterday. But when i check the NAV today its Rs.8.87. But i couldn't find where they invested the amount any where in moneycontrol or valueresearch. Why it has come down to Rs.8.87 from Rs.10? Is it common?

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  #9  
Old 30th January 2008, 08:18 PM
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Default Re: KOTAK Indo-World Infrastructure fund

I don't know based on what you purchase NFO and why Global infra. As you know infra and global correction has taken away 20-30% value..
so you got less NAV first due to the entry load and the equities which lost the value during this correction

I invested in TATA Indo-Global NFO and its now below 10 after making ups

Any ways always invest in better open ended and old funds. avoid NFO's. Also see the market condition when you invest. during market correction you get better value.

regards.

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