Kotak Mutual Fund – Review, Fund Managers, KYC Process, Fees, Best Funds & more

Kotak Mahindra Mutual Fund AMC or Asset Management Company is one of the most sought after AMCs in the country.

It started its journey in this field when mutual funds were new to Indian investors. It has come a long way since then and has been successfully managing the clients over the years.

In this article, you will read about its different mutual fund schemes, fund managers, and key personnel. Then we will cover the different benefits it provides to the customers.

Finally, the main motto of this article will be covered in the later sections where we will talk about the top-performing funds, funds according to the NAV, and other performance metrics.

In simple words, this article is going to guide you about every facet of Kotak Mahindra AMC.

About Kotak Mutual Fund

Kotak Mahindra Asset Management Company started in the year 1998 officially and it is when it started to deal in mutual funds.

The company earlier in the 90s used to offer only government securities. Now, it offers a wide variety of mutual fund schemes to suit every type of investor.

It has different schemes for investors with different risk appetites, financial and investment goals, investment budget, and income background.

Kotak Mahindra AMC mainly focuses on funds that can generate wealth in the long-term. Though it also invests in funds that offer regular income at low risk.

It has more than 250 schemes at present. Another thing about this AMC is that it mainly invests in funds which are having AAA or at least an AA rating.

It has different schemes that also help you save taxes under section 80 C.

Kotak Mahindra AMC being a subsidiary of Kotak Mahindra Bank is very much trustable. It has its main office in the city of Mumbai.

Kotak has more than 80 branches across the country in different cities with around 75 lakhs of investors.

It has a huge team of financial analysts and research analysts. They are prudent in their work and manages multiple schemes.

Kotak Mutual Fund finds out the best opportunities in the market for investors. They are dedicated to helping the clients generate huge revenue out of their investments.

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Why Invest in Kotak Mutual Fund AMC?

If you are wondering why you should invest via Kotak Mutual Funds, then here are some reasons to soothe you –

• Firstly, Kotak AMC provides an array of funds to invest in. You can choose the one that suits your profile the best.
• Then the fund managers are prudent and efficient at their work. They try to deliver the best possible returns to the clients.
• Kotak Mahindra AMC’s one of the best aspect is that they only invest in the funds which are rated ‘AAA’ or at least ‘AA’. This ensures that the funds are safe to invest in and have high returns.
• Different investors have different risk profiles, they need to choose funds accordingly. Kotak Mahindra has different schemes of funds which can suit different risk profiles.
• There are multiple options of funds that can help you save taxes as well.
• There is an option for both lump sum and SIP investments.

How to Invest with Kotak Mutual Funds?

To invest in Kotak Mutual Funds, you do not have to go through any hassle, it is easy and simple and not at all time-consuming. The process is as follows –

• You need to register from this page, by clicking on the button you see at the bottom of the page, and then login
• You need to complete your KYC for verifying your account. (The process is given in the later section.)
• Once your registration is done, or you have logged in, you can choose the type of funds you want to invest in.
• Select the duration of investment for which you want to invest.
• The risk level that you want to take for your investment.
• You need to select the Kotak Mahindra Mutual Fund from the list of funds.
• Check the different investment schemes available under Kotak Mutual Fund AMC.
• Choose whether you want to go for SIP invest or lump sum investment.
• After entering all the information, choose the amount you want to invest.
• Then pay the amount via net banking or UPI, and other online payment options.
• Your funds will get reflected in your account within 3-4 working days.

Kotak Mahindra AMC – Fund Managers

Return on investment from mutual funds depends on the fund managers of the fund to a huge extent.

Thus, you need to know them before you choose and invest in the fund. Here we will talk about the top fund managers of Kotak Mutual Fund AMC –

Devendra Singhal

In Kotak Mutual Fund, Devendra Singhal is one of the top fund managers. He looks after the funds which invest in the media industry, automobile stocks, and FMCG stocks.

He is having more than 14 years of experience in the industry especially in equity analysis and management of funds.

In Kotak Mutual Fund AMC, he has been working for almost 12 years. He started his journey from Religare and then moved to Karvy before coming to Kotak.

Deepak Agarwal

Being a Chartered Accountant and a Company Secretary together, he is having great knowledge about both aspects of a business.

He is well known for the financial aspects as well as the legal aspects which he puts to use while managing the funds and is a part of Kotak Mutual Fund AMC since the year 2002.

He is a core member of the fund management team in this firm. The fund which he manages is like growth fund – Kotak Banking and PSU Debt Fund, Kotak Medium Term Fund – regular plan- growth and others.

Abhishek Bisen

He is a part of Kotak Mutual Fund AMC since 2006 and manages some of the great performing funds of the firm.

He did his MBA in finance and then worked for Securities Trading Corporation of India Ltd.

Mr. Abhishek has been awarded Highly Commended Investors in Indian Rupees Bonds by The Asset – a financial magazine of Hong Kong.

The funds which are under his control are like Kotak Bond, Kotak Gilt, etc.

Deepak Gupta

Deepak Gupta has been managing various funds of Kotak Mutual Fund AMC out of which some of the best performing funds are Kotak ETFs, EQ Contra Fund, Equity Savings Fund, and others.

He also manages another three growth funds which are having the highest returns for many years now and they are –

• Kotak Asset Allocator Fund
• Multi-Asset Allocation Fund by Kotak
• Kotak US Equity Fund

Ms. Lakhsmi Iyer

She is having over twenty years of experience in the field of equity analysis and fund management. She manages the fixed income-based funds which provide capital protection to the investors.

Pankaj Tibrewal

Pankaj Tibrewal is a start equity fund manager who has been awarded with one of the Top 10 best equity fund managers by Outlook Business as well as by Morningstar of the Economics Times.

At present he is looking after the Kotak Monthly Income Plan, Mid-cap funds, and Emerging Equity fund sections.

He is a graduate from premier college – ST. Xavier’s Kolkata and hold an MBA finance degree which he pursued from Manchester University.

With more than 16 years of rich experience, he is one of the applauded fund managers in the firm.

Harish Krishnan

At present Harish Krishnan is managing the Kotak 50 fund which is a flagship fund of the firm. It has been providing great returns for the last fifteen years at a stretch and it is known for this.

He is a Chartered Financial Analyst with an MBA degree as well. He has been in the industry for more than a decade.

Harsha Upadhyaya

With an MBA finance degree and a CFA in his kitty and 20 years of experience, he is now managing around Rs.62500 crore of Kotak Mutual Fund AMC.

He mainly looks after Kotak Tax Saver fund, Standard Multi-cap, and others.

Kotak Mutual Fund – Key Personnel

Mr.Uday S. Kotak: He is the CEO and Managing Director of the Kotak Mahindra Bank and also of all the companies which is sponsored by Kotak Mahindra Bank and Kotak Mahindra Asset Management Company is one of them.

He is having extensive experience in the financial industry. He did his graduation and post-graduation from Mumbai University.

Mr.Nilesh Shah: He is the Group President and the Managing Direct of Kotak Mahindra Asset Management Company.

He has been a gold medalist in the Chartered Accountancy course and holds huge experience in the financial industry.

His team has been awarded many honors and under his supervision, KMAMC had been awarded as ‘Best Fund House of the Year’.

How to do KYC Check for Kotak AMC?

As it has been mandated by SEBI, KYC is a must. To complete your KYC process after registration, you need to follow these steps –

• Go to the website of Kotak Mahindra AMC
• Enter all the details like your name, your residential and permanent address, and other details which are asked in the form.
• Then enter the mobile number that is linked to your AADHAAR Card.
• Then you need to upload the photocopy of the documents which are required. Make sure that you self-attest the photocopy of the documents before uploading them for KYC.
• Your KYC registration is done and now you can invest without any issues with Kotak Mahindra Mutual fund.

Documents Required to Invest in Kotak Mahindra AMC

The documents which are required for the KYC process are as follows –

• AADHAAR Card
• PAN Card
• Passport
• Driving License

These documents you can use for both identity proof and address proof.

For specifically address proof you can also use any of these –

• Electricity Bill of your address
• Rent Agreement if you are living in a rented property

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Kotak Mutual Fund Fees or Charges

Details on Kotak Mutual Fund Fees

In this section, we will discuss the charges which the fund house charges for rendering its services.

Each of the top ten funds and other funds has different charges and minimum investment requirements.

For instance, as you can see in the table above, the Kotak Asset Allocator Fund which is a Growth Fund requires a minimum investment of Rs.5000 while the Kotak Balanced Advantage Fund, which is also a Growth Fund and a direct plan requires only a minimum investment of Rs.1000.

Both don’t have entry loans which means while investing in the fund, you need not pay any charges. When you withdraw from the fund, then you need to pay 1% of the value.

Similarly, Kotak Banking and PSU Debt fund, Kotak Bond Fund, Kotak Bond Short-term fund, and others have a minimum investment requirement of Rs.5000.

The Kotak Bluechip Fund requires Rs.1000 as a minimum investment. Generally, there is no entry load on any of the funds but the exit load varies from 0 to 2 percent of the value.

Best Performing Kotak Mutual Fund

Details on Best Kotak Mutual Fund Schemes

Now coming the funds which have been performing well in the past year. According to the table given above, the Kotak Gold Fund returned 29.90% in 1 year and the fund size is Rs.749 Crore.

The risk in this fund is moderately high though but it is one of the best performing funds of the firm.

Then there is Kotak Asset Allocator Fund which has also provide 25% returns in the year with a fund size of Rs. 87 crores only. This fund also has quite a bit of risk.

Then there is Kotak Debt Hybrid which provided around 14.20% return with Rs.317 crore as fund size. The risk here is moderate and the fund is having a great diversification of assets.

Similarly, there are other funds as you can see in the table. The average return by the top 10 funds has been around 12-13% as the highest as you can see is 29.90% while the lowest is 8.70%.

The fund size also varies from Rs.19164 crores to Rs.87 crores within just these ten funds. There are more funds like these.

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Top 10 Kotak Mutual Fund AMC Funds

According to the 5 years return, the top-performing fund is Kotak Balanced Advantage Fund. It is a growth Fund and a direct plan.

It is followed by Kotak Asset Allocator Fund which has been providing around 76.15% return in 5 years and 41.35% returns if you consider the 3-years returns.

The Kotak Bluechip fund also performed well in the past five years and provided around 66.85% return in 5 years.

Then there is Kotak Dynamic Fund with a 59.45% return in the five years.

These ten funds have been providing great returns for many years. Thus these are regarded as the top funds of the firm.

Best Kotak Mutual Fund – Portfolio

According to the market value if you compare, then the top funds are Kotak Dynamic Bond Fund with Rs.27419.49 crore as market value and the NET Asset Value is Rs.1098146.96 crores.

Then comes the Kotak Corporate Bond Fund with Rs.13217.78 crore as the market value and Rs.228059 Crores as the NAV.

Then there is Kotak Short Term Fund with Rs.12907.71 as market value and Rs.111651.32 crores as NAV.

Similarly, the other seven funds are having the highest market cap and NAV and are regarded as the best portfolio offered by the Kotak Mahindra AMC.

Kotak Mutual Fund Schemes NAV

If you compare the NAV and the 52 weeks highs and 52-weeks lows of the fund, then the funds which come in the top position are Kotak Asset Allocator Fund again with 112.23 as a 52-week high and 71.44 as a 52-week low.

There wasn’t much volatility in the fund as you can see. Then there is Kotak Balanced Advantage Fund with 12.97 as the highest of 52-weeks and 8.56 as the lowest of 52-weeks.

This metric is useful for understanding the volatility of the fund.

Kotak Mutual Fund AMC Customer Care Details

The customer care of Kotak Mahindra AMC is prudent at their work, efficient and customer-friendly. You can reach them on the given phone number and also email for your any query.

The fund house is located in the Bandra Kurla Complex in Mumbai. The links to different websites of the firm and social media handles are given in the table below.

Kotak Mutual Funds- Important Links

Kotak Mutual Fund AMC – Conclusion

To conclude, we can say, Kotak Mahindra AMC is regarded as one of the top asset management companies for all the right reasons.

It has multiple funds to suit all types of investors with different risk appetites and investment budgets. It has been providing great returns to the investors for a long.

The fund managers are one of the top fund managers of the country with exceptional educational qualification and experience in the kitty.

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