Delhi MCD Election Results 2017

Source: media reports

GEMS portfolio launched by Kotak Securities

GEMS portfolio launched by Kotak Securities
Comment E-mail Print Share
First Published: Thu, Jan 24 2008. 03 50 PM IST
Updated: Thu, Jan 24 2008. 03 50 PM IST
New Delhi: Kotak Securities launches “GEMS Portfolio” – a concentrated portfolio with an opportunity to invest in private placements and pre-FPO placement of listed companies
Kotak Securities, one of India’s leading stock broking house, today announced the launch of an innovative product to capitalize on the returns offered by growing Indian MNCs, emerging businesses, manufacturing and services sectors in India.
The scheme will achieve returns through investments in stocks of small, medium and large capitalized companies. The portfolio manager may invest in private placements or pre Follow on Public Offering (FPO) placement of listed securities.
Kunj Bansal, senior vice president, Portfolio Management Services, Kotak Securities said, “We have strengthened our portfolio management services bouquet with the launch of a product that is structured with an option to invest a part of its corpus in private placements or pre Follow on Public Offering (FPO) placement of listed securities adding to investor’s wealth creation.”
GEMS is a diversified scheme investing across sectors and is benchmarked against the BSE 200 index. It opened for subscription on 21January 2008 and will close on 15 February 2008. The portfolio will mature on 31August 2010 and will be managed by PMS division of Kotak Securities.
Kotak Securities has 867 outlets in 309 cities, servicing over 3,90,000 customers.
Comment E-mail Print Share
First Published: Thu, Jan 24 2008. 03 50 PM IST