Kotak Mahindra Mutual Fund

Kotak Mahindra Mutual Fund is the sixth largest mutual fund house by asset size in India. The fund house manages assets worth (AUM) of Rs 1.68 lakh crore for the quarter ending June, 2020. The asset size of the fund house decreased by 9.97% from its March 2020 quarterly figure. The fund house has been around nearly for 22 years.

Kotak Mahindra Asset Management Company Limited is the Asset Manager for Kotak Mahindra Mutual Fund and is a wholly owned subsidiary of Kotak Mahindra Bank Limited. The said AMC has approximately 21 lac investors in various schemes. The fund house offers a wide variety of schemes catering to the different needs of the investors. The key focus of the fund house is to engineer its products keeping in mind, the risk - return profile and the financial requirements of its investors. Kotak Mahindra Mutual Fund was the first fund house in the country to launch a dedicated gilt scheme investing only in government securities. It has presence in over 82 cities and has 86 branches.

Kotak Mahindra Mutual Fund offers approx. 90 schemes to investors. It offers 13 equity schemes, 63 debt schemes, 5 hybrid schemes and 9 ETFs, Gold & Fund of funds schemes. Some of the well-known equity schemes from its stable are Kotak Standard Multicap Fund, Kotak Equity Opportunities Fund etc. Kotak Mahindra Mutual Fund also offers some good debt funds. Some of the prominent debt schemes are Kotak Bond Short Term Fund, Kotak Dynamic Bond Fund etc. Kotak Balanced Advantage Fund and Kotak Equity Arbitrage Fund are prominent names in hybrid schemes category. The percentage of schemes beating the benchmark across its various categories for 1-year time period collectively is approx. 95%.

Kotak Mahindra Mutual Fund has a large team of good fund managers. The CEO of the fund house is Nilesh Shah, CIO for Equity Investments is Harsha Upadhyaya and CIO for Fixed Income Investments is Lakshmi Iyer. Harish Krishnan manages the flagship Kotak Bluechip Fund. Deepak Aggarwal is specialized in managing various debt schemes of the fund house. Pankaj Tibrewal manages Kotak Emerging Equity Fund and Kotak Equity Hybrid Fund.

The vision of the fund house is to be a responsible player in the Indian mutual fund industry. Also, it strives to offer the best in class products across investor’s lifecycle. The goal is to deliver consistent performance vis-a-vis benchmark and deriving customer satisfaction in the process. Kotak Mahindra Mutual Fund emphasizes on long-term wealth creation along with low risk income generating funds.