Kotak Mahindra Asset Management Company Limited (KMAMC) is a public limited company registered under the Companies Act, 1956 on August 2, 1994. The company is the asset manager of Kotak Mahindra Mutual Fund (KMMF) and a wholly and a subsidiary of Kotak Mahindra Bank Limited (KMBL).
Kotak Mutual Fund began its operations back in December 1998. It was the first AMC to offer a dedicated gilt fund for investing solely in Government securities.
It provides mutual fund and portfolio management services under SEBI ('Mutual Funds') Regulations, 1996 and SEBI (Portfolio Manager) Regulations, 1993. KMAMC also offers pension fund management services through its subsidiary, the Kotak Mahindra Pension Fund Limited.
Currently, the company offers around 261 schemes catering to variable risk appetite of investors. It primarily invests in AAA and AA rated companies and possesses a substantial value of assets under management (AuM). KMAMC also provides customers the option to avail income tax benefits under Section 80C.
In FY 2017-18, the company registered a net worth of Rs. 37,482 Crore, total income of Rs. 23,801 Crore, and profit (after tax) of Rs. 4,084 Crore. As of FY 2018-19, the company manages a corpus of more than Rs. 1.5 Lakh Crore.
KMAMC has 84 branches spread over 80 cities in India and has more than 7.5 Lakh investors.
|Mutual fund||Kotak Mahindra Mutual Fund|
|Founded||23 June 1998|
|Incorporated||5 August 1994|
|Sponsors||Kotak Mahindra Bank Limited|
|Trustee||Kotak Mahindra Trustee Co. Ltd.|
|Chairman||Mr. Uday Kotak|
|MD and CEO||Mr. Nilesh Shah|
|CIO||Mr. Harsha Upadhyaya (E) and Ms. Lakshmi Iyer (D)|
|Investor Service Officer||Ms. Sushma Mata|
|Compliance Officer||Ms. Jolly Bhatt|
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How can you invest in Kotak Mutual Funds?
Investing in the best Kotak Mutual Fund online is a hassle-free and convenient process that does not consume much of your time.
Follow these steps to start investing:
Step 1. Log-in to your Groww account (register if you don’t have an account).
Step 2. Upload your identity proof documents like Aadhaar, PAN, Voter ID, Driving License, Passport, Central or State Government ID card, etc.
Step 3. Upload your address proof documents like any identity proof documents with your permanent address, etc.
Step 4. Determine the duration of your investment.
Step 5. Determine the risk level – low, mid, or high.
Step 6. Select the Kotak Bank Mutual Fund.
Step 7. Click on “Invest One Time” is you want to invest a lump sum amount or “Start SIP” if you want to invest via SIP.
The Kotak Mutual Fund in India that you have purchased will reflect in your Groww account within 3 to 4 working days.
|Fund Name||Category||Risk||1Y Returns||Rating||Fund Size(in Cr)|
|View All Top Performing Kotak Mutual Funds|
Top Fund Managers
1. Devender Singhal
Devendra Singhal has 14 years of experience in fund management and equity research. He primarily concentrates on covering research on media, automobiles, and FMCG sectors at KMAMC. He worked with Kotak Portfolio Management Services before moving to the company’s AMC wing. Mr. Singhal has been in association with the Kotak Group for almost 12 years. He previously worked as a Fund Manager at Religare and Manager at Karvy.
2. Deepak Agrawal
Deepak Agarwal is a Chartered Account and Company Secretary while also holding a post-graduation degree in Commerce. He became part of the fund management team of KMAMC in November 2006. Prior to that, he was in the research and dealing department where he joined back in December 2002.
The top three Kotak Mutual Funds that Deepak Agrawal manages are Kotak Banking and PSU Debt Fund – Growth, Kotak Income Opportunities Fund – Growth, and Kotak Medium Term Fund - Regular Plan – Growth.
3. Abhishek Bisen
Abishek Bisen holds a BA (Management) and MBA (Finance) degree. Hong Kong-based financial magazine The Asset awarded him the Highly Commended Investors in Indian Rupees Bonds twice. Before joining Kotak, Mr. Bisen worked in the Portfolio Advisory and Sales & Trading of Fixed Income Products of the Securities Trading Corporation of India Ltd. He joined KMAMC or October 2006 and manages debt schemes.
The top three funds that Abhishek Bisen manages are Kotak Bond - Regular Plan – Growth, Kotak Gilt - Investment - Regular – Growth, and Kotak Gilt - Investment - PF and Trust – Growth.
Few of the funds that Anupam Tiwari manages are Axis Small Cap Fund, Axis Equity Saver Fund, and Axis Dynamic Equity Fund.
4. Deepak Gupta
Deepak Gupta is a Chartered Accountant, Cost Accountant, and a Commence graduate, from Mumbai University. He has also cleared the Level III of Chartered Financial Analyst (CFA).
He has an overall experience of around 10 years in the mutual fund market. Currently, he is the Lead Fund Manager at Kotak Mutual Fund. He manages Kotak ETFs, Equity Savings Fund, EQ Contra Fund, and Equity Arbitrage Scheme. Earlier, he managed Kotak Equity Arbitrage Scheme and Wealth Builder funds from 2008 to 2011.
Prior to being, he held the position of research analyst in the Equity Fund Management team of this company. He had developed quant models using technical analysis and fundamental data to help the process of decision making in investment.
The top three funds that Deepak Gupta include Kotak Asset Allocator Fund – Growth, Kotak Multi Asset Allocation Fund – Growth, and Kotak US Equity Fund – Growth.
5. Pankaj Tibrewal
Pankaj Tibrewal holds an MBA degree in Finance from the Manchester University and is also a Commerce graduate from St. Xavier's College, Kolkata. Mr. Tibrewal became part of the KMAMC back in January 2010.
Mr. Tibrewal is an equity fund manager managing Kotak Monthly Income Plan, Emerging Equity, and Mid-Cap funds. He had earlier managed Kotak MIPs, Principal Tax Saver, and Principal Emerging Bluechip funds.
He has been ranked among the 2016 Top 10 best Equity Fund Managers by Morningstar of the Economic Times. Mr. Tibrewal was also among the 2016 Top Fund Managers of Outlook Business.
He has more than 16 years of experience in the mutual funds sector. Prior to his stint in Kotak, he was the Portfolio Manager of Principal Mutual Fund where he managed MIPs, Principal Tax Saver, and Principal Emerging Bluechip schemes.
6. Harish Krishnan
Harish Krishnan is a Chartered Financial Analyst and a graduate from the Indian Institute of Management, Kozhikode. He is also an Electronics & Communications engineer from the Government Engineering College, Trichur.
Before joining Kotak, he worked with Infosys Technologies Ltd. His early roles in Kotak Bank Mutual Fund included management of the company’s offshore funds in Dubai and Singapore. Mr. Krishnan has around 10 years of experience in fund management and equity research.
He currently manages Kotak50, one of the Flagship products of Kotak Bank Mutual Fund with a track record of more than 15 years.
7. Harsha Upadhyaya
Harsha Upadhyaya is a Chartered Financial Analyst and an MBA in Finance from the Indian Institute of Management, Lucknow. He also holds a Mechanical Engineering from the National Institute of Technology, Suratkal.
Mr. Upadhyaya has been working in fund management and equity research for more than two decades. As of March 2019, he currently oversees assets of more than Rs. 62,500 Crore and manages funds like Kotak Tax Saver, Equity Opportunities, and Standard Multicap.
Before joining Kotak Mutual Fund, he marketed equity funds to institutional and retail investors as well as advised and manages numerous offshore and domestic mandates worth over Rs. 5,200 Crore at DSP BlackRock. Mr. Upadhyaya has also worked with Reliance Group, UTI Asset Management Co. Ltd., SG Asia Securities, and Unit Trust of India.
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