Kotak Mahindra Asset Management Company Limited (Kotak Mutual Fund) today announced the launch of Kotak Multicap Fund, an open-ended scheme that will provide the right mix of large-cap, mid-cap and small-cap stocks for stability, growth and potential – giving investors the ‘Power of All in One’.
With the investment objective of generating long-term capital appreciation from a portfolio of equity and equity related securities across market capitalisation, Kotak Multicap Fund is suitable for all classes of investors aiming to fulfil long-term financial goals such as a child’s education, retirement or buying a dream home.
Harsha Upadhyaya, President & CIO – Equity, Kotak Mahindra Asset Management Company said, “The equity Market is a Triveni Sangam of Large-cap, Mid-cap & Small-cap stocks with each having its own return and risk profiles. At Kotak Mutual Fund, we have added value to our investors by outperforming benchmark indices regularly across most time periods in all three categories –small-cap, mid-cap and large cap-funds and thus, are now offering the power of all 3 in one fund.”
“We follow a disciplined investment process of BMV i.e. by focusing on Business scalability & sustainability, Management Quality and Valuation parameters. We are also committed to the principles of Environmental, Social and Governance (ESG) factors”, he added.
In the last five years, Kotak Mutual Fund’s equity AUM has grown almost seven times – from Rs 17,602 crore as on 31st July 2016, to Rs 1,22,013 crore as on 31st July 2021.
Kotak Mutual Fund introduces various funds from time to time keeping investor interest in mind. In December last year, the company launched India’s first international REIT fund of funds (FoF). Additionally, the recently launched Kotak Global Innovation FoF became one of the largest NFOs in Global FoF categories with a collection of over Rs 1650* crore.
The New Fund Offer opens for subscription from 8th – 22nd September, 2021.
*basis comparison with first month AUM post NFO closure sourced from Wealth Forum.