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Kotak MF has launched Kotak MNC Fund, an open-ended equity scheme based on the theme of multi-national companies (MNCs).
The scheme will invest in listed companies having global presence.
In a press release, Nilesh Shah, MD, Kotak MF said, “Multi-national corporations lead the way with research, innovation, and technology. These companies excel across various geographies and have proven business models with strong moats. The fund aims to leverage the strengths of these multi-national companies, offering investors access to market leaders across sectors, geographies and market caps. With this fund, we aim to invest in companies that not only have strong global footprints but also demonstrate growth potential.”
Harsha Upadhyaya, CIO & Fund Manager, Kotak MF said, “The fund is designed to tap into the potential of multinational companies that aim to consistently outperform through innovation and operational strengths. We believe that MNCs, with their global expertise and local insights are well-positioned to benefit from evolving market dynamics. Our focus will be on creating a suitable portfolio that seeks not just growth but resilience, ensuring that we capture opportunities across different economic cycles.”
The fund will be managed by Harsha Upadhyaya and Dhananjay Tikariha.
The minimum amount for investment in the scheme is Rs. 100.
