NFO opens on 07/10/2024; closes on 21/10/2024
Harsha Upadhyaya, CIO & Fund Manager, KMAMC
FinTech BizNews Service
Mumbai, October 7, 2024: Kotak Mahindra Asset Management Company Ltd (“KMAMC” / “Kotak
Mutual Fund”) is pleased to announce the launch of the Kotak MNC Fund, an open-ended equity
scheme following the Multinational Companies (MNC) theme. This fund provides investors with an
opportunity to invest in leading MNCs, leveraging their growth potential and stability. The diversified
portfolio spans various sectors, geographies, and market caps. The scheme will be open for public
subscription from October 7, 2024, to October 21, 2024.
In an increasingly globalized world, companies with business transcending geographies show
resilience. The Kotak MNC Fund focuses on investing in multinational companies known for their
strong global brand presence, advanced operational and technological advantages, exceptional
management quality, and financial robustness. These companies span various sectors and have
significant international business exposure. The fund offers investors a diversified portfolio, leveraging
the long-term growth potential of these well-established global corporations.
The Kotak MNC Fund aims to generate long-term capital growth by investing in equity and equity-
related securities of multinational companies. The fund has the flexibility to invest across various
market capitalisations, with exposure to large, mid, and small-cap companies.
Nilesh Shah, Managing Director, KMAMC, 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 Kotak MNC Fund aims to leverage the strengths of
these Multinational 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. We shall pursue the suitable options across
market caps and sectors, ensuring we continue to deliver value to our investors.”
The fund will be managed by Harsha Upadhyaya and Dhananjay Tikariha, supported by an experienced
research team. The fund will identify companies with the potential for sustainable growth at
reasonable valuations, leveraging insights from a robust research team and framework to ensure the
best opportunities are leveraged across market caps and sectors.
Harsha Upadhyaya, CIO & Fund Manager, KMAMC, said, “Kotak MNC 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 scheme opens for public subscription on October 7, 2024, and closes on October 21, 2024.
