Kotak Mutual Fund

Add links
Source: Wikipedia, the free encyclopedia.

Kotak Mutual Fund
Kotak Mahindra Bank
Websitewww.kotak.com/en/personal-banking/investments/mutual-funds.html

Kotak Mutual Fund is an Indian

managed by Mahindra Asset Management Company (KMAMC). KMAMC started operations in December 1998 and as of 2018, had approximately 74 Lakh investors in various schemes.[6] The fund is a wholly-owned subsidiary of Kotak Mahindra Bank
.

History

The fund was established in 1985 by Uday Kotak.

Kotak Mutual Fund became a wholly-owned subsidiary of Kotak Mahindra Bank Limited in December 1998. In December 2020, it became the first Indian Mutual House to launch the Global REIT Fund of Fund.[7]

Products and services

The fund is regulated to manage pension funds in

banking, asset management, investment banking, life insurance, stock broking
and general insurance.

Kotak Mutual Fund follows an institutionalized investment process. It includes investment universe, research, idea generation, company meeting and idea discussion, investment report, portfolio action and on-going review. The fund manager is the decision maker for their portfolios.[9]

As of 2022, it was the 5th largest mutual fund house in India with more than 2.86 lakh crore

Assets Under Management. It operated out of 86 branches in India with headquarters in Mumbai, and had around 75 lakhs investor accounts, with a distribution network comprising 50,000 empanelled distributors.[10][11][12][13]

See also

References

  1. ^ "Kotak Mutual Fund appoints Nilesh Shah as MD". Business Standard. 14 January 2015. Retrieved 17 April 2018.
  2. ^ "Harsha Upadhyaya, CIO – Equity, Kotak Mahindra Asset Management". India Infoline. 7 September 2017. Retrieved 17 April 2018.
  3. ^ "Avoid the noise and focus on goals, says Lakshmi Iyer, Kotak Mutual Fund". Economic Indiatimes. 30 August 2017. Retrieved 17 April 2018.
  4. ^ "Betting on 2 themes in next 3–5 years: Anshul Saigal, Kotak Mahindra AMC". Economic Indiatimes. 20 July 2017. Retrieved 17 April 2018.
  5. ^ "Top 10 mutual funds in India; Nippon India Mutual Fund AUM rises 37.06% in 2023". economictimes.indiatimes.com/. 16 January 2024.
  6. ^ "About Us". assetmanagement.kotak.com. Archived from the original on 17 April 2018. Retrieved 13 October 2020.
  7. ^ "India's biggest alternative asset manager bets on private credit". Financial Times. 28 May 2023.
  8. ^ "Managing Risks and Optimizing Returns". Retrieved 19 April 2018.
  9. ^ "Investors should review their MF portfolio regularly: Nilesh Shah, MD, Kotak Mutual Fund". Economic Times Indiatimes. 1 May 2017. Retrieved 24 April 2018.
  10. ^ "Harsha Upadhyaya, CIO – Equity, Kotak Mahindra Asset Management". 7 September 2017. Retrieved 23 April 2018.
  11. ^ "Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Co Ltd". 19 October 2015. Retrieved 23 April 2018.
  12. ^ "DHFL Auditor Grant Thornton Finds Another Fraud Of Rs 1,424 Crore". Moneycontrol. Retrieved 7 March 2021.
  13. ^ "Fund Manager – Mutual Fund Manager". Paytm Money. Retrieved 7 March 2021.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Kotak_Mutual_Fund&oldid=1220277765"