NFO Alert: Kotak Mutual Fund launches multinational fund

Kotak Mutual Fund has launched Kotak MNC Fundan indefinite capital plan following the Multinational Companies (EMN) topic. This fund offers investors the opportunity to invest in leading multinationals, taking advantage of their growth potential and stability. The diversified portfolio spans multiple sectors, geographies and market capitalizations.

The new fund offer or NFO The plan is open to subscription and will close on October 21.

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 strength. These companies span several sectors and have significant international trade exposure. The fund offers investors a diversified portfolio, leveraging the long-term growth potential of these well-established global corporations, according to a press release from the fund house.

The fund aims to generate long-term capital growth by investing in stocks and equity-related securities of multinational companies. The fund has the flexibility to invest in various market capitalizations, with exposure to large, mid and small cap companies.

“Multinational corporations are leading the way with research, innovation and technology. These companies excel in diverse geographies and have proven business models with strong moats. The Kotak MNC fund aims to leverage the strengths of these multinational companies, offering investors market access. leaders in all sectors, geographies and market capitalizations,” he said Nilesh ShahManaging Director, Kotak AMC.

“With this fund, our goal is to invest in companies that not only have a strong global presence but also demonstrate growth potential. “We will look for the right options across all sectors and market capitalisations, ensuring we continue to deliver value to our investors,” he added. The fund will be managed by Harsha Upadhyaya and Dhananjay Tikariha. It will identify companies with sustainable growth potential at reasonable valuations, leveraging insights from a strong research team and a framework to ensure the best opportunities are captured across all sectors and market capitalisations, the statement said. the minimum investment The amount is Rs 100 and any amount after that.

Harsha Upadhyaya, CIO and Fund Manager, KMAMC, said, “Kotak MNC Fund is designed to harness the potential of multinational companies that seek to consistently outperform themselves through innovation and operational strengths. We believe that multinationals, with their global experience and local knowledge, are well positioned to benefit from changing market dynamics. “We will focus on creating an appropriate portfolio that seeks not only growth but also resilience, ensuring that we capture opportunities in different economic cycles.”

(Disclaimer: The recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)