Bualuang India Mid Cap RMF

Great Opportunities come with Big Changes

Why invest in India?
  • A huge population is entering the Indian labor market, as under India’s current population structure the average age is 27. This increase in the labor market will support the factors of production (including land, labor, capital and entrepreneurship) and many listed companies in India will benefit from this and the growth in consumption.
  • India is one of very few countries with an IMF forecast for increasing growth. The IMF forecasts growth to rise from the present level of 6.7-7.0% to 7.0-7.5% in five years (2017-2022).
  • India has revolutionary plans which will positively impact the country’s long-term development such as:
    • Infrastructure Projects
    • GST Tax Reform (Goods and Services Tax: GST)
    • Real Estate Reform
    • Foreign Direct Investment (FDI)

Fund Name Bualuang India Mid Cap RMF (B-INDIAMRMF)
Fund Type - Equity Fund
- Feeder Fund
- Retirement Mutual Fund
- Foreign Investment Fund
Investment Policy ASSETS that the Fund invests in
This overseas investment fund mainly focuses on the investment units of Kotak Funds - India Midcap Fund (the Master Fund) J Class Acc, averaging in an accounting year not less than 80% of the NAV.

Kotak Funds - India Midcap Fund (The Master Fund)
The Master Fund aims to achieve long term capital appreciation by primarily investing at least two thirds of its total assets in equity and equity-linked securities of mid-capitalization companies registered in India.

The Fund may consider investing remaining assets in domestic or overseas securities, or other assets, as stipulated or approved by the Office of the Securities and Exchange Commission (SEC).

The Fund is established and managed by FundRock Management Company S.A., listed in Luxembourg as a UCITS, under the governance of CSSF. It is an ordinary member of IOSCO, and the Asset Manager is Kotak Mahindra Asset Management (Singapore) Pte. Ltd. (KMAMS). It was established and is listed in Singapore and is under the governance of the Monetary Authority of Singapore (MAS).

You can learn more on the additional investment policy from the prospectus.
Benchmark Nifty Free Float Midcap 100 Index (benchmark of the Master Fund) in USD and adjusted by the currency hedging cost to THB at the date of calculation.
Master Fund
Fund Name Kotak Funds - India Midcap Fund
Registered Date 25 May 2010
Fund Type Equity Fund
Fund Policy The Master Fund aims to achieve long-term capital appreciation by primarily investing at least two thirds of its total assets in equity and equity-linked securities of mid-capitalization companies registered in India.

The Fund may invest in derivatives for currency hedging purposes or efficient portfolio management depending on the Fund Manager’s discretion.
Benchmark Nifty Free Float Midcap 100 Index
Management Company FundRock Management Company S.A.
Investment Manager Kotak Mahindra Asset Management (Singapore) Pte. Ltd. (KMAMS)
Registered Capital of the Fund 5,000 million baht
Par Value
Offering Price
The minimum value of the initial purchase and any subsequent purchases
10Bt
10Bt
The minimum value of the initial purchase and any subsequent purchase is 500Bt.
Initial Public Offering
Period (IPO)
13-21 November 2017
Initial Public Offering Channels Bangkok Bank branches from 8:30a.m.-3:30p.m.
Mutual Fund Registration Date 23 November 2017
Post-IPO First Transaction Trading day after the fund registration date* (From 24 November 2017 onwards)

*Since this is a fund that invests overseas, investors can enquire about the Trading Days of the Fund at the office of the Management Company, or the selling agents, or visit www.bblam.co.th – investor service for Foreign Investment Fund Holidays.
Post-IPO Transaction Channels
  • Bangkok Bank branches, from 8:30a.m.-3:30p.m.
  • Dollar Cost Averaging (DCA)
  • Electronic banking services i.e. Bualuang iBanking and Bualuang mBanking,
    between 8:30a.m.-4:00p.m.
Post-IPO Switching Transaction Switching transactions are only allowed between Retirement Mutual Fund (RMF) managed by BBLAM.
Dividend Payment None
Fees charged to the Fund (% of NAV per year)(1)
Management Fee Not more than 1.07(2)
Trustee Fee Not more than 0.0428(2) (including overseas custodian fee)
Registrar Fee             Not more than 0.0535(2)
Other Expenses Not more than 1.2412
Total Expenses(3) Not more than 2.4075
Notes:
(1) The mutual fund is responsible for VAT.
(2) Fees are calculated on total assets, less total liabilities, and excluding management fees, trustee fees and 
     registrar fees.
(3) The estimated fee for the Management Fee, Trustee Fee, Registrar Fee, Advertising Expenses (excluding the  
     IPO costs), and other fees and expenses, such as Auditor Fees and Expenses, Fund Document Production 
     expenses such as the prospectus, fund account book, or sending documents to unit holders, including postal 
     fees, will not be more than 2.4075% per annum of NAV. However, the estimated fees listed above may be 
     subject to change due to other factors: for example, fund size, number of unit holders and so on. The fees
     will not be more than the highest rate of the total fees, returns and expenses as clearly indicated in the
     project details. 
Fees charged to the Unit holders (% of unit value)
Front-end Fee The management company will waive exemption fees for fund units in the initial period.
The company has the right to charge such fees at a rate of no more than 1.00 percent of the NAV.
Back-end Fee Not more than 1.00% of the NAV per unit used for calculating the redemption price (a minimum fee of 50Bt is applicable). The company will deduct such fees from the redemption price owed to the unit holder(s). Holder(s) of fund units for more than 1 year will be charged a 50Bt fee per transaction.
Switching Fee Switching of fund units between Retirement Mutual Funds under the management company
The management company will waive the switching fee.

Switching of fund units with Retirement Mutual Funds under other management companies
In the initial stage, switching transactions are not available. Once this facility is available, the Management Company will charge switching fees as follows:

Switching out: Not more than 200Bt per transaction. However, the company has the right to charge such fees at a different rate, to be decided by the selling agent responsible for fee collection.
Switching in: Equal to the front-end fee (if any)

Please note that the selling agent will be the party that directly collects fees from unit holders(s) in agreement with the investment conditions of the Revenue.
Other Fees Actual
Fund Management Parties
1. Management Company
2. Trustee
3. Registrar
4. Auditor

1. BBL Asset Management Company Limited
2. Kasikorn Bank Public Company Limited
3. Bangkok Bank Public Company Limited
4. PV Audit Company Limited

Download the Bualuang India Mid Cap RMF Fund information in PDF format from here

Prospectus
Fact Sheet
Trading Days 2017

Fund Name Bualuang India Mid Cap RMF (B-INDIAMRMF)
Fund Type - Equity Fund
- Feeder Fund
- Retirement Mutual Fund
- Foreign Investment Fund
Investment Policy ASSETS that the Fund invests in
This overseas investment fund mainly focuses on the investment units of Kotak Funds - India Midcap Fund (the Master Fund) J Class Acc, averaging in an accounting year not less than 80% of the NAV.

Kotak Funds - India Midcap Fund (The Master Fund)
The Master Fund aims to achieve long term capital appreciation by primarily investing at least two thirds of its total assets in equity and equity-linked securities of mid-capitalization companies registered in India.

The Fund may consider investing remaining assets in domestic or overseas securities, or other assets, as stipulated or approved by the Office of the Securities and Exchange Commission (SEC).

The Fund is established and managed by FundRock Management Company S.A., listed in Luxembourg as a UCITS, under the governance of CSSF. It is an ordinary member of IOSCO, and the Asset Manager is Kotak Mahindra Asset Management (Singapore) Pte. Ltd. (KMAMS). It was established and is listed in Singapore and is under the governance of the Monetary Authority of Singapore (MAS).

You can learn more on the additional investment policy from the prospectus.
Benchmark Nifty Free Float Midcap 100 Index (benchmark of the Master Fund) in USD and adjusted by the currency hedging cost to THB at the date of calculation.
Master Fund
Fund Name Kotak Funds - India Midcap Fund
Registered Date 25 May 2010
Fund Type Equity Fund
Fund Policy The Master Fund aims to achieve long-term capital appreciation by primarily investing at least two thirds of its total assets in equity and equity-linked securities of mid-capitalization companies registered in India.

The Fund may invest in derivatives for currency hedging purposes or efficient portfolio management depending on the Fund Manager’s discretion.
Benchmark Nifty Free Float Midcap 100 Index
Management Company FundRock Management Company S.A.
Investment Manager Kotak Mahindra Asset Management (Singapore) Pte. Ltd. (KMAMS)
Registered Capital of the Fund 5,000 million baht
Par Value
Offering Price
The minimum value of the initial purchase and any subsequent purchases
10Bt
10Bt
The minimum value of the initial purchase and any subsequent purchase is 500Bt.
Initial Public Offering
Period (IPO)
13-21 November 2017
Initial Public Offering Channels Bangkok Bank branches from 8:30a.m.-3:30p.m.
Mutual Fund Registration Date 23 November 2017
Post-IPO First Transaction Trading day after the fund registration date* (From 24 November 2017 onwards)

*Since this is a fund that invests overseas, investors can enquire about the Trading Days of the Fund at the office of the Management Company, or the selling agents, or visit www.bblam.co.th – investor service for Foreign Investment Fund Holidays.
Post-IPO Transaction Channels
  • Bangkok Bank branches, from 8:30a.m.-3:30p.m.
  • Dollar Cost Averaging (DCA)
  • Electronic banking services i.e. Bualuang iBanking and Bualuang mBanking,
    between 8:30a.m.-4:00p.m.
Post-IPO Switching Transaction Switching transactions are only allowed between Retirement Mutual Fund (RMF) managed by BBLAM.
Dividend Payment None
Fees charged to the Fund (% of NAV per year)(1)
Management Fee Not more than 1.07(2)
Trustee Fee Not more than 0.0428(2) (including overseas custodian fee)
Registrar Fee             Not more than 0.0535(2)
Other Expenses Not more than 1.2412
Total Expenses(3) Not more than 2.4075
Notes:
(1) The mutual fund is responsible for VAT.
(2) Fees are calculated on total assets, less total liabilities, and excluding management fees, trustee fees and 
     registrar fees.
(3) The estimated fee for the Management Fee, Trustee Fee, Registrar Fee, Advertising Expenses (excluding the  
     IPO costs), and other fees and expenses, such as Auditor Fees and Expenses, Fund Document Production 
     expenses such as the prospectus, fund account book, or sending documents to unit holders, including postal 
     fees, will not be more than 2.4075% per annum of NAV. However, the estimated fees listed above may be 
     subject to change due to other factors: for example, fund size, number of unit holders and so on. The fees
     will not be more than the highest rate of the total fees, returns and expenses as clearly indicated in the
     project details. 
Fees charged to the Unit holders (% of unit value)
Front-end Fee The management company will waive exemption fees for fund units in the initial period.
The company has the right to charge such fees at a rate of no more than 1.00 percent of the NAV.
Back-end Fee Not more than 1.00% of the NAV per unit used for calculating the redemption price (a minimum fee of 50Bt is applicable). The company will deduct such fees from the redemption price owed to the unit holder(s). Holder(s) of fund units for more than 1 year will be charged a 50Bt fee per transaction.
Switching Fee Switching of fund units between Retirement Mutual Funds under the management company
The management company will waive the switching fee.

Switching of fund units with Retirement Mutual Funds under other management companies
In the initial stage, switching transactions are not available. Once this facility is available, the Management Company will charge switching fees as follows:

Switching out: Not more than 200Bt per transaction. However, the company has the right to charge such fees at a different rate, to be decided by the selling agent responsible for fee collection.
Switching in: Equal to the front-end fee (if any)

Please note that the selling agent will be the party that directly collects fees from unit holders(s) in agreement with the investment conditions of the Revenue.
Other Fees Actual
Fund Management Parties
1. Management Company
2. Trustee
3. Registrar
4. Auditor

1. BBL Asset Management Company Limited
2. Kasikorn Bank Public Company Limited
3. Bangkok Bank Public Company Limited
4. PV Audit Company Limited
Download the Bualuang India Mid Cap RMF Fund information in PDF format from here

Prospectus
Fact Sheet
Trading Days 2017


Notes:

  • Investments are not deposits and carry the risk that investors may not receive their money back in full when the investment is redeemed (the principal is not guaranteed).
  • Investors are strongly advised to study the product characteristics including the prospectus, fund policy, returns conditions, risks, fund performance, and tax benefits in the RMF handbook before deciding to invest.
  • The off-shore investment funds have no currency risk-protection policy for most, if not all, of their value. The currency risk policy is at the discretion of the management company. Investors may experience currency losses or profits, or receive a return less than their initial investment.
Quick Access
News
Tweet this! Share on Facebook
PromptPayBualuang Get MoneyMoney TutorAEC ConnectYour Security FirstBualuang Phone

Copyright © 2001 Bangkok Bank Public Company Limited. All right reserved. Privacy Statement | Terms and Conditions
Suggested Site Settings | Site Map