Anand, November 2, 2023: Kotak Mutual Fund (KMF), has announced theshifting of theirexisting branch atAnand. This move is being done with a view to offer customers improved accessibility and expand the company’s footprint in Central Gujarat. The new branch is located at Shop No 8, Ground Floor, Ashwamegh Complex, Opp Vyayam Shala, Sardar Ganj Road, Anand –388001, Gujarat. Investors can visit the branch to gain insights into Kotak Mutual Fund’s diverse range of investment solutions and receive personalized assistance from our dedicated team of experts.
As of September 30, 2023, Anand had an industry AUM of over 11000 crores, and the live SIP count exceeded 290000. These numbers can indicate the growing popularity of mutual funds and systematic investment plans (SIPs) among investors in the region. (Source: KMAMC Internal Research & CAMS)
Kotak Mutual Fund has been actively promoting SIPs as an effective investment tool, allowing investors to plan their financial goals with discipline and regular investments. The company offers a wide range of mutual fund schemes.
Manish Mehta, National Head – Sales, Marketing & Digital Business, Kotak Mahindra Asset Management Company Ltdsaid, “We at Kotak mutual fund are actively canvasing for SIPs, which has gained popularity over the past few years. Even in times of volatility, SIP provides a balancing act for regular and disciplined investors. Investors can select from any of our existing schemes and start investment through SIP route.Our aim is to provide investors with easy access to our comprehensive range of mutual fund products and services.”
In addition to branch expansions, Kotak Mutual Fund has revamped its website, www.kotakmf.com, providing distributors and clients with easy access to portfolio details, expert blogs, videos, and online transaction facilities. The Kotak Business Hub, a dedicated portal for distributors, allows partners to access client information, co-brand marketing content, and analytical tools to support their business efforts. Also, Kotak Mutual Fund’s ProStart online training initiative has received positive feedback from distribution partners, with modules covering financial planning, fixed income markets, and other qualitative topics available on the YouTube channel Kotak ProStart.
About Kotak Mahindra Asset Management Co. Ltd.
Kotak Mahindra Asset Management Company Limited (KMAMC) – a wholly owned subsidiary of KotakMahindra Bank Limited (Kotak), is the Asset Manager for Kotak Mahindra Mutual Fund (KMF). KMAMC started operations in December 1998 and as of 30thSeptember’2023, has over 53 lakh investor folios in various schemes. KMF offers schemes catering to investors with varying risk – return profiles and was the first fund house in the country to launch a dedicated gilt scheme investing only in government securities. The company is present in 92 cities and has 97 branches as of 30th September’2023.
For more information, please visit the company’s website at https://www.kotakmf.com
Biswajit Dash
Kotak Mahindra Group
E: biswajit.dash@kotak.com
M: +91 9167044405
Abhishek Phadnis
Kotak Mahindra Group
E: abhishek.phadnis@kotak.com
M: +91 7720006427
Investors may consult their Financial Advisors and/or Tax advisors before making any investment decision. Investors may make an investment decision/decision after necessary due diligence, understanding the risk appetite and as per their financial objectives. Kotak Mahindra Mutual Fund/ Kotak Mahindra Asset Management Company Limited is not guaranteeing or promising any future returns/performance. SIP investments are no guarantee of any profit or loss in an upward or downward market movements.
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