Kotak Mutual Funds

Nearly 40% NFOs filed since July are for these passive debt funds

The total penalty imposed on the Kotak Trustee and six others (noticees) works out to Rs 1.6 crore

Business Standard's Puneet Wadhwa caught up with Nilesh Shah, Group President & MD, Kotak Mahindra AMC on his interpretation of the developments and how investors should approach the markets

As on January 2021, Kotak Flexicap fund had assets of Rs 32,400 crore, making it one of the largest scheme in the category

The Rs 3,800 crore-IPO of the REIT will open on Wednesday

The Rs 3,800 crore-IPO of the REIT will open on Wednesday

Since the IL&FS crisis, allocation to govt papers more than doubles, exposure to NBFCs drops

Kotak Mutual had to withhold at the time of maturity, having entered into a 'standstill' agreement with Essel group promoters

Kotak MF's FMPs had 8-10% of assets exposed to Essel group entities

Company will focus on improving distribution, introduce new fund offers