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Kotak Mutual Fund

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.

Top Performing Kotak Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Kotak Asset Allocator FundOtherHigh36.2%5star405
Kotak Large & Mid Cap Opportunities FundEquityVery High52.9%5star7,827
Kotak Classic ContraEquityVery High56.0%5star1,133
Kotak Gold FundOtherModerately High-11.9%5star1,019
Kotak Debt HybridHybridModerately High21.1%5star931
Kotak Dynamic Bond FundDebtModerate6.8%5star2,984
Kotak Small Cap FundEquityVery High93.1%4star5,642
Kotak Emerging Equity SchemeEquityVery High67.6%4star15,709
Kotak Tax Saver FundEquityVery High53.4%4star2,249
Kotak Bluechip FundEquityVery High54.7%4star3,233
Kotak Equity HybridHybridVery High47.0%4star1,986
Kotak Flexicap FundEquityVery High49.6%4star38,626
Kotak Balanced Advantage FundHybridModerately High23.1%4star10,688
Kotak Gilt - Investment PlanDebtModerate7.1%4star1,530
Kotak BondDebtModerate7.2%4star2,274
View All Top Performing Kotak Mutual Funds

Key information

Mutual fundKotak Mahindra Mutual Fund
Founded23 June 1998
Incorporated5 August 1994
SponsorsKotak Mahindra Bank Limited
TrusteeKotak Mahindra Trustee Co. Ltd.
ChairmanMr. Uday Kotak
MD and CEOMr. Nilesh Shah
CIOMr. Harsha Upadhyaya (E) and Ms. Lakshmi Iyer (D)
Investor Service OfficerMs. Sushma Mata
Compliance OfficerMs. 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.

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.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Kotak Asset Allocator Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in FoF Overseas/Domestic segment. It has given a commendable 20.56% annual returns in the last three years. In the previous year, it delivered 36.16% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Other mutual funds in India.

Min Investment Amt₹5,000
AUM405Cr
1Y Returns36.2%

Kotak Equity Opportunities Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Large & MidCap segment. It has given a commendable 20.42% annual returns in the last three years. In the previous year, it delivered 52.87% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹5,000
AUM7,827Cr
1Y Returns52.9%

Kotak India EQ Contra Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Contra segment. It has given a commendable 18.16% annual returns in the last three years. In the previous year, it delivered 55.97% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹5,000
AUM1,133Cr
1Y Returns56.0%

Kotak Gold Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in FoF Overseas/Domestic segment. It has given a commendable 14.35% annual returns in the last three years. In the previous year, it delivered -11.89% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Other mutual funds in India.

Min Investment Amt₹5,000
AUM1,019Cr
1Y Returns-11.9%

Kotak Debt Hybrid Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Conservative Hybrid segment. It has given a commendable 13.93% annual returns in the last three years. In the previous year, it delivered 21.06% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹5,000
AUM931Cr
1Y Returns21.1%

Kotak Dynamic Bond Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Dynamic Bond segment. It has given a commendable 10.6% annual returns in the last three years. In the previous year, it delivered 6.81% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹5,000
AUM2,984Cr
1Y Returns6.8%

Kotak Small Cap Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Small Cap segment. It has given a commendable 30.54% annual returns in the last three years. In the previous year, it delivered 93.12% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹5,000
AUM5,642Cr
1Y Returns93.1%

Kotak Emerging Equity Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Mid Cap segment. It has given a commendable 23.64% annual returns in the last three years. In the previous year, it delivered 67.63% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹5,000
AUM15,709Cr
1Y Returns67.6%

Kotak Tax Saver Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in ELSS segment. It has given a commendable 19.62% annual returns in the last three years. In the previous year, it delivered 53.38% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹500
AUM2,249Cr
1Y Returns53.4%

Kotak Bluechip Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Large Cap segment. It has given a commendable 19.41% annual returns in the last three years. In the previous year, it delivered 54.68% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹100. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹1,000
AUM3,233Cr
1Y Returns54.7%

Kotak Equity Hybrid Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Aggressive Hybrid segment. It has given a commendable 18.58% annual returns in the last three years. In the previous year, it delivered 46.98% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹5,000
AUM1,986Cr
1Y Returns47.0%

Kotak Flexicap Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Flexi Cap segment. It has given a commendable 16.97% annual returns in the last three years. In the previous year, it delivered 49.57% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹5,000
AUM38,626Cr
1Y Returns49.6%

Kotak Balanced Advantage Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Dynamic Asset Allocation segment. It has given a commendable 14.33% annual returns in the last three years. In the previous year, it delivered 23.1% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹100. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹1,000
AUM10,688Cr
1Y Returns23.1%

Kotak Gilt Investment PF & Trust Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Gilt segment. It has given a commendable 11.29% annual returns in the last three years. In the previous year, it delivered 7.11% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹5,000
AUM1,530Cr
1Y Returns7.1%

Kotak Bond Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Medium to Long Duration segment. It has given a commendable 10.6% annual returns in the last three years. In the previous year, it delivered 7.19% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹5,000
AUM2,274Cr
1Y Returns7.2%

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