Kotak Mahindra (UK) Ltd is to launch its India Growth fund, the third sub fund of Kotak Funds which is a UCITS III compliant SICAV domiciled in Luxembourg.
The fund aims to generate long-term capital appreciation through investing in large and mid-cap Indian companies with high growth potential, and which correspond with key investment themes: Infrastructure, Financial Services, Outsourcing, and Consumption-led demographics. It will adopt a combined approach of top-down sector driven and bottom-up stock selection, with a bias towards large-cap companies and flexibility for the manager to invest in mid and small caps. Nitin Jain, principal fund manager for Kotak's long-only strategies will manage the fund. He also manages the Indian Multica...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes