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Kotak Mahindra AMC launches Kotak Special Opportunities Fund: Open for subscription from June 10 to June 24, 2024


Kotak Mahindra Asset Management Company has introduced the Kotak Special Opportunities Fund, an open-ended equity scheme with a special situations theme. The scheme opened for subscription on June 10, 2024, and will close on June 24, 2024. Investors can start investing in the Kotak Special Opportunities Fund with a minimum investment of Rs 100 per plan/option and in multiples of Re 1. There is no upper limit for investment.

The primary objective of the Kotak Special Opportunities Fund is to generate long-term capital growth by investing in equity and equity-related securities of companies benefiting from various special situations. These special situations include company-specific events, corporate restructuring, government policy changes, regulatory changes, technology-led disruptions, and temporary but unique challenges faced by companies.

The fund will seek opportunities across all market capitalizations and sectors, ensuring a diversified portfolio. Managed by Mr. Devender Singhal, who has over 22 years of experience in the Indian equity markets, the fund aims to navigate the economic ups and downs by capitalizing on special situations.

Nilesh Shah, Managing Director of Kotak Mahindra Asset Management Company, highlighted the dynamic nature of the Indian market, citing examples like the Production Linked Incentive (PLI) scheme and the China+1 strategy creating opportunities in the electronics manufacturing sector. He emphasized that special situations can arise in companies of any size, providing the fund with the flexibility to invest across various market caps and sectors.

Devender Singhal, the Fund Manager, pointed out that multiple events such as policy changes, mergers and acquisitions, industry consolidations, and management changes can impact a company’s trajectory. The fund aims to identify and capitalize on such special situations, requiring professional analysis to assess the impact of uncertain events.

Biraja Tripathy, Head of Products at KMAMC, stated that broad thematic funds like the Kotak Special Opportunities Fund can be strategically allocated in investors’ portfolios due to their diversified nature, unlike sectoral funds that focus on a single sector.

Seize the opportunity to invest in the Kotak Special Opportunities Fund and benefit from the dynamic and ever-changing Indian market.

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