Kotak Mutual Fund announced the creation of segregated portfolio in line with the provisions of SEBI circular and modify the scheme information document (SID) of Kotak Liquid Fund, Kotak Money Market Fund, Kotak Dynamic Bond Fund, Kotak Low Duration Fund, Kotak Bond Short Term Fund, Kotak Savings Fund, Kotak Banking and PSU Fund and Kotak Corporate Bond Fund. This would come into effect from Feb 26, 2020. Segregated portfolio refers to those debt or money market instruments, which have been impacted by a credit event, i.e. experienced a credit downgrade to below investment grade. This portion of the portfolio is excluded from the main portfolio.