Who holds my money when I invest with Kotak Mahindra Mutual Fund?
Not the asset management company. Kotak Mahindra Mutual Fund’s schemes are held in trust by Kotak Mahindra Trustee Company Ltd, which holds the assets on behalf of unitholders and supervises the AMC on their behalf. The securities themselves sit with an independent custodian, and your unit records are kept by a registrar and transfer agent - CAMS or KFintech for almost every fund house in India. The AMC decides what the schemes buy and sell; it never takes custody of your money.
How much money does Kotak Mahindra Mutual Fund manage?
Kotak Mahindra Mutual Fund managed ₹6,09,561.12Cr in assets as on 30 Jun 2026. Assets under management measure how much money a fund house has gathered, not how well it has managed it - a larger AUM is not evidence of better returns, and this figure is a snapshot rather than a live number.
When was Kotak Mahindra Mutual Fund founded?
Kotak Mahindra Mutual Fund was set up on 23 June 1998. The asset management company was incorporated on 05-Aug-94. That makes it roughly 28 years old.
Who manages Kotak Mahindra Mutual Fund?
Chief Executive Officer: Nilesh Shah (Chief Executive Officer). Managing Director: Mr. Nilesh Shah. Chief Investment Officer: Mr. Harsha Upadhyaya and Ms. Lakshmi Iyer. Senior personnel change, and a scheme’s track record belongs to whoever was managing it at the time - check the current fund manager and their tenure on the scheme’s own factsheet before reading much into past performance.
Is Kotak Mahindra Mutual Fund regulated by SEBI?
Yes. Every asset management company operating in India is registered with SEBI under the SEBI (Mutual Funds) Regulations, 1996, and can only launch a scheme after filing its offer documents with the regulator. Kotak Mahindra Mutual Fund is classified as indian private. Disclosure, valuation, expense caps and advertising are all prescribed by the regulator rather than left to the fund house.
Where can I find Kotak Mahindra Mutual Fund’s factsheet, KIM, SID and SAI?
On Kotak Mahindra Mutual Fund’s own website - those are the authoritative, current filings. We keep a directory linking straight to all four documents for every fund house, which you can find under
Scheme related documents.
What happens to my investment if Kotak Mahindra Mutual Fund is sold or shuts down?
Your holdings are not at risk from a change of ownership. The schemes would be transferred to the acquiring asset management company or merged into comparable ones, under SEBI’s supervision. Unitholders are told in advance, and if a scheme’s fundamental attributes change as a result you get a window to exit without paying an exit load. Because the assets belong to the trust rather than to the company managing them, they do not move when the company does - several fund houses operating in India today were formed exactly this way.
Can I hold Kotak Mahindra Mutual Fund schemes alongside funds from other AMCs?
Yes, and there is no advantage in concentrating with one fund house. Units from different AMCs sit in the same folio structure at the registrar level and can be tracked together. Choosing a scheme on its own merits - its mandate, its costs, who manages it - matters considerably more than keeping everything under one name.
What is the difference between Kotak Mahindra Mutual Fund’s direct and regular plans?
Every scheme is offered in both. The direct plan carries no distribution cost; the regular plan does, which is why its total expense ratio is higher and its NAV differs. The underlying portfolio is identical - same holdings, same fund manager, same mandate. Where you buy determines which plan you get. Both plans’ expense ratios are printed on the scheme’s factsheet.
How should I judge whether Kotak Mahindra Mutual Fund is right for me?
Look at the scheme rather than the house. A fund house sets the investment philosophy and the standards its schemes are run to, and it is reasonable to rule out one whose approach you disagree with - but what you actually own is a scheme, with its own mandate, its own expense ratio and its own fund manager. Assets under management, brand familiarity and the size of the sponsor tell you very little about future returns. The scheme information document is where the mandate, the costs and the risk factors are actually written down.
How do I contact Kotak Mahindra Mutual Fund?
