Kotak MF Makes Key Moves: Six Fund Managers Replaced in Strategic Reshuffle

25 Jan 2024 , 12:05 PM

A shift of fund managers has been announced by Kotak Mutual Fund for its six equity-oriented plans. The fund house sent a notice cum amendment to investors informing them of this.

The modifications will take effect on January 22.

The notice cum addendum also mentioned the recent appointments of Mandar Pawar, Rohit Tandon, and Atul Bhole by the fund house to prominent positions as fund managers in Kotak Mutual Fund.

The fund house further stated that there will be no changes to any other terms and conditions pertaining to the schemes’ SIDs, KIMs, and SAIs. The aforementioned schemes’ SIDs and KIMs, since they are updated periodically, are inextricably linked to this addendum.

The schemes belong to the following fund categories: balanced advantage, large cap, aggressive hybrid, mid cap, and themed funds.

Based on assets managed in the mid cap category, Kotak Emerging Equity Fund is the second largest scheme, according to the most recent portfolio available. Amounts managed by the plan total Rs 38,519.69 crore.

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