Kotak Mahindra Mutual Fund is the 4th largest mutual fund in India backed by the reputed Kotak Mahindra Bank Limited. The fund was started back in 1998 serving a huge investor base of more than 8.1 million. Kotak group was India's first NBFC to get a banking license from the Reserve Bank of India in February 2003.
Kotak Mutual Fund commenced its operations in December 1998, pioneering the launch of a dedicated gilt fund, exclusively investing in Government securities.
KMAMC offers mutual fund and portfolio management services in compliance with SEBI ('Mutual Funds') Regulations, 1996, and SEBI (Portfolio Manager) Regulations, 1993. The company also extends pension fund management services through its subsidiary, Kotak Mahindra Pension Fund Limited.
With a comprehensive range of approximately 261 schemes designed to cater to diverse risk appetites, KMAMC predominantly directs investments toward AAA and AA-rated companies. It has a significant asset under management (AuM) and facilitates customers in availing income tax benefits under Section 80C.
As of March 31, 2023, Kotak AMC manages an AuM exceeding Rs. 2.86 lakh crore. The company has established 86 branches across 82 cities in India, serving 25.9 lakh unique investors.
How to invest in Kotak Mahindra Mutual Fund schemes?
Investing in mutual funds is easy with Bajaj Finserv. If you are a new investor, follow the below steps. For customers who have invested with us, please skip directly to step 7.
Choose a mutual fund category and a scheme that suits your goals and click on Invest Now.
Sign into Bajaj Finserv to setup your mutual fund account.
Verify your details using your PAN, Name, DOB, and Email ID. If your KYC is not complete, you will have to upload your address proof and complete video KYC.
Enter your bank details.
Upload your signature and provide additional details to continue.
Choose whether you want to invest in SIP or lumpsum and enter the investment amount. Click on INVEST.
Choose your payment mode (net-banking, UPI, NEFT/RTGS) and make the payment.
Wait for 2-3 working days for your investment to reflect in your portfolio.
Documents required to invest in Kotak Mahindra Mutual Fund
If you are an existing customer, no documents are required for investment. However, for new customers keep the following documents handy before investing:
You can easily a Kotak Mutual Fund SIP online on the Bajaj Finserv website or app.
How can I cancel the ongoing SIP in a Kotak Mutual Fund's scheme?
You can easily cancel an ongoing SIP in a Kotak Mutual Fund's scheme through the Bajaj Finserv website or app.
How to calculate returns on Kotak Mutual Fund SIP?
You can calculate the potential returns on your SIP investments using the Bajaj Finserv SIP Calculator.
How to withdraw Kotak Mutual Fund?
If you have invested in any Kotak Mutual Fund scheme through the Bajaj Finserv platform, you can redeem or withdraw your funds by logging into your account on the Bajaj Finserv platform and app without hassle.
Are Kotak Mutual Fund schemes tax-free?
You can get tax-benefits under section 80C by investing in ELSS mutual funds offered Kotak Mutual Fund.
How can I get the Kotak Mutual Fund statement?
If you have invested in any Kotak Mutual Fund scheme through the Bajaj Finserv platform, you can get your statement online on the Bajaj Finserv website or app.
Disclaimer
Bajaj Finance Limited (“BFL”) is a Non-Banking Financial Company carrying the business of acceptance of deposits, providing lending solutions to Retail & Corporate customers, and is a Corporate agent of various insurance Companies. BFL is also registered with the Association of Mutual Funds in India (“AMFI”) as a distributor of third party Mutual Funds (shortly referred as ‘Mutual Funds’).
BFL does NOT:
(i) provide investment advisory services in any manner or form;
(iv) carry independent research or analysis, including on any Mutual Fund schemes or other investments; and provide any guarantee of return on investment.
In addition to displaying the Mutual fund products of Asset Management Companies, some general information is sourced from third parties, is also displayed on ‘As-is’ basis, which should NOT be construed as any solicitation or attempt to effect transactions in securities or the rendering any investment advice. Mutual Funds are subject to market risks, including loss of principal amount and Investor should read all Scheme /Offer related documents carefully. The NAV of units issued under the Schemes of mutual funds can go up or down depending on the factors and forces affecting capital markets and may also be affected by changes in the general level of interest rates. The NAV of the units issued under the scheme may be affected, inter-alia by changes in the interest rates, trading volumes, settlement periods, transfer procedures and performance of individual securities. The NAV will inter-alia be exposed to Price / Interest Rate Risk and Credit Risk. Past performance of any scheme of the Mutual fund do not indicate the future performance of the Schemes of the Mutual Fund. BFL shall not be responsible or liable for any loss or shortfall incurred by the investors. There may be other / better alternatives to the investment avenues displayed by BFL. Hence, the final investment decision shall at all times exclusively remain with the investor alone and BFL shall not be liable or responsible for any consequences thereof.
Bajaj Finserv Direct Limited, (“BFDL”), a wholly owned subsidiary of Bajaj Finserv Limited (is a Registered with SEBI as an Investment Advisor with Registration no. INA000016083). BFDL enables resident Indian customers to directly invest in third party mutual funds through its online platform. BFDL entered into a referral arrangement with BFL, whereunder, BFL may, without risk or responsibility on its part, refer the resident Indian customers who are interested in placing their investments in Direct Mutual Funds through BFDL online platform. Investment by a person residing outside the territorial jurisdiction of India is not acceptable nor permitted.
Disclaimer on Risk-O-Meter:
Investors are advised before investing to evaluate a scheme not only on the basis of the Product labeling (including the Riskometer) but also on other quantitative and qualitative factors such as performance, portfolio, fund managers, asset manager, etc. and shall also consult their financial advisers, if they are unsure about the suitability of the scheme before investing