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    Question

    Consumption Fund, an open-ended scheme that will invest in equity, equity related securities of firms engaged in consumption and consumption related activities.Which mutual fund company has launched this fund ?

    A HDFC Mutual Fund Correct Answer Incorrect Answer
    B Kotak Mutual Fund Correct Answer Incorrect Answer
    C HSBC Mutual Fund Correct Answer Incorrect Answer
    D SBI Mutual Fund Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Kotak Mahindra Mutual Fund has launched Kotak Consumption Fund, an open-ended scheme that will invest in equity, equity related securities of firms engaged in consumption and consumption related activities. The fund will offer investors an opportunity to invest in India’s consumption potential, which is being driven by the trinity of structural, cultural and digital factors.

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