Kotak Mahindra mutual fund is one of the leading mutual funds in the country with assets of over Rs.12,530 crore under management as of Aug 2006. The fund is promoted by Kotak Mahindra Bank, one of India's leading financial institutions that offer financial solutions ranging from commercial banking, stock broking, life insurance and investment banking.
Kotak Mahindra Asset Management Company Limited, a wholly owned
subsidiary of Kotak Mahindra Bank, is the asset manager for Kotak
Mahindra mutual fund. The company is headed by Uday Kotak of Kotak Bank
as chairman and the fund management function is headed by Sandesh
Kirkire, chief executive officer.
Kotak Mahindra mutual fund launched its schemes in December 1998 and
today manages assets of 4,34,504 investors in various schemes. Kotak
Mahindra mutual fund was the first fund house in the country to launch a
dedicated gilt scheme investing only in government securities.
Here is a list of mutual funds of Kotak Mahindra which includes Debt
Funds, Balance Funds, Fund of Funds and Equity Funds.