Kotak Mahindra Mutual Fund Ltd
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Kotak Mahindra is one of India’s leading financial institutions, offering complete financial solutions that encompass every sphere of life. From commercial banking, to stock broking, to mutual funds, to life insurance, to investment banking, the group caters to the financial needs of individuals and corporates.
The group has a net worth of around Rs.5,997 crore and employs around 20,000 employees across its various businesses servicing around 5 million customer accounts through a distribution network of branches, franchisees, representative offices and satellite offices across 370 cities and towns in India and offices in New York, London, Dubai, Mauritius and Singapore.
Kotak Mahindra Asset Management Company Limited (KMAMC), a wholly owned subsidiary of KMBL, is the Asset Manager for Kotak Mahindra Mutual Fund (KMMF). KMAMC started operations in December 1998 and has over 10 Lac investors in various schemes. KMMF offers schemes catering to investors with varying risk – return profiles and was the first fund house in the country to launch a dedicated gilt scheme investing only in government securities.
The erstwhile Sponsor company, Kotak Mahindra Finance Limited (KMFL) was converted into Kotak Mahindra Bank Limited (Kotak Bank) in March 2003 after being granted a banking license by the Reserve Bank of India. Thus, the Sponsor of the Fund is Kotak Bank. KMFL promoted by Mr. Uday S. Kotak, Mr. S. A. A. Pinto and Kotak & Co., was incorporated on November 21, 1985 under the name Kotak Capital Management Finance Limited. In early 1986, the promoters were joined by Late Mr. Harish Mahindra and Mr. Anand G. Mahindra and the Company’s name was changed to Kotak Mahindra Finance Limited. Kotak & Co. (now Kotak & Co. Limited) is a highly respected trading company of Mumbai, with international business.
Corporate & Registered Office:
Kotak Mahindra Asset Management Co Ltd
5 A, 5th Floor, Bakhtawar,
229, Nariman Point,
Mumbai – 400 021
India
Tel: +91-22-66384400
Fax: +91-22-66384455
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