Kotak Multicap NFO collects ~3,500 cr

Kotak Multicap NFO has collected over ~3,500 crore. The NFO was open for subscription between September 8 and September 22. This is the highestever collection made by Kotak Mutual Fund during an NFO. Nilesh Shah, group president & MD, Kotak MF said: “Of the ~3,500 crore NFO collection, 25 per cent came from tier II towns.”