Kotak Alternate Asset Managers Limited on Tuesday said that its Kotak Iconic Fund has raised ₹1,000 crore. The fund has maintained a flexible approach by adopting diversified active and passive strategies across market capitalisation and tactical allocations.
Lakshmi Iyer, CEO – Investments and Strategy, Kotak Alternate Asset Managers, said, “Kotak Iconic Fund helps bring efficiency and operational ease to investor’s equity journey.