Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Mutual Funds

| More

Kotak's Manufacturing Fund completes 1 year, theme seeing strong resurgence

Posted On: 2023-03-24 12:58:18 (Time Zone: IST)


Kotak Mahindra Asset Management Company Ltd (Kotak Mahindra Mutual Fund) today announced that its Kotak Manufacture in India Fund has completed 1 year since its launch in February 2022. This Fund was launched for investors to participate in the "Make in India" & "China+1" thrust on the manufacturing sector.

The performance of the scheme is as under:

Return Benchmark Return and Alpha [as required under regulation]

The manufacturing theme has continued to remain relevant:

a. Global Companies/Countries are actively relocating their supply chains from China. India has attracted ~ 14 % market share in the Companies moving out of China.

b. India Inc has deleveraged over the years and have the ability to invest in new manufacturing capacities

c. government has embarked on significant reforms like tax cut for new manufacturing, launch of production linked incentive (PLI) for various Industries,

d. Prospects of energy transition to cleaner energy mix prompting investment in new technologies for a greener India etc.

Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company Ltd, said, "The government's thrust on the manufacturing sector and incentives offered to various industries under the Production Linked Incentive Scheme would provide a major impetus to the sector going ahead. India is also fast emerging as a manufacturing destination for many multinational companies which are planning to shift their base from other overseas nations due to improving investment climate and a stable government that would help the sector contribute immensely to overall growth. Moreover, investors can consider adding manufacturing as a theme to their thematic portfolio for long term benefits."


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Groww Mutual Fund Introduces Groww Gold ETF: A Smarter, Simpler Way to Invest in Gold

Axis Mutual Fund Launches 'Axis Nifty500 Value 50 Index Fund'

Groww Mutual Fund Launches Groww Nifty India Defence ETF

Shriram AMC launches Shriram NIFTY 1D Rate Liquid ETF - Growth

Edelweiss Mutual Fund launches the 'Nifty Alpha Low Volatility 30 Index Fund'

DSP Mutual Fund launches DSP S&P BSE Liquid Rate ETF

DSP Mutual Fund launches DSP US Treasury Fund of Fund

Edelweiss Asset Management Launches Technology Fund

DSP Mutual Fund appoints Chirag Joshi as Head of Distributor Success & B2B growth

Union Mutual Fund launches New Fund Offer of Union Business Cycle Fund

Tata Asset Management launches four New Fund Offering focusing on Gold and Silver

Axis Mutual Fund garners over INR 3,400 Crores in the Axis India Manufacturing Fund

Axis Mutual Fund launches 'Axis US Treasury Dynamic Bond ETF Fund of Fund'

DSP Mutual Fund launches first-of-its-kind DSP Nifty Smallcap250 Quality 50 Index Fund

Axis Mutual Fund Launches 'Axis India Manufacturing Fund'

Union AMC Launches Union Children's Fund, Open for subscription on November 28, 2023 and closes on December 12, 2023

LIC Mutual Fund launches a campaign to promote women participation in Systematic Investment Plan

DSP Mutual Fund launches DSP Banking & Financial Services Fund

Edelweiss Mutual Fund launches Multi Cap Fund

Axis Mutual Fund unveils results of Investor Survey on 'Risk Comprehension' in India

UTI Mutual Fund launches 'UTI Innovation Fund'

Kotak Mahindra Asset Management Company Limited launches Kotak S&P BSE Housing Index Fund

UTI Mutual Fund launches 'UTI Balanced Advantage Fund'

DSP Mutual Fund launches DSP S&P BSE Sensex ETF, DSP Nifty Private Bank ETF & DSP Nifty PSU Bank ETF

Axis Mutual Fund launches 'Axis Nifty IT Index Fund'

UTI Mutual Fund launches 'UTI Silver ETF' and 'UTI Silver ETF FoF'

Axis Mutual Fund launches Axis S&P 500 ETF Fund of Fund

Kotak Mahindra Asset Management Company Limited launches Silver ETF Fund of Fund

ICICI Prudential AMC launches ICICI Prudential Nifty PSU Bank ETF NFO

UTI Mutual Fund launches 'UTI Long Duration Fund'

Axis Mutual Fund launches 'Axis Nifty G-Sec September 2032 Index Fund'

Axis Mutual Fund launches 'Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund'

HSBC Mutual Fund launches new fund offering HSBC Multi Cap Fund

Axis Mutual Fund launches 'Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund'

Chirag Joshi Joins Samco AMC as CGO

Axis Mutual Fund launches 'Axis Long Duration Fund'

ESGrisk.ai Launches ESG Mutual Funds Research

Axis Mutual Fund launches Axis Nifty SDL September 2026 Debt Index Fund

Samco Mutual Fund introduces a differentiated ELSS Tax Saver Fund

Edelweiss MF Launches Edelweiss CRISIL IBX 50:50 Gilt Plus SDL September 2028

Mirae Asset Mutual Fund launches two new Target Maturity Index Funds

UTI Mutual Fund launches 'UTI Gold ETF Fund of Fund'

IDFC Mutual Fund launches IDFC Transportation and Logistics Fund

Axis Mutual Fund launches 'Axis NASDAQ 100 Fund of Fund'

Axis Mutual Fund launches Axis Silver ETF and Axis Silver Fund of Fund

Edelweiss Asset Management Launches 'Gold and Silver ETF Fund of Fund'

Axis AMC's unique bouquet of WhatsApp services offers 27 key facilities

SIP is the most preferred investment avenue among millennials: CASHe Survey

UTI Mutual Fund launches 'UTI Gilt Fund with 10 year Constant Duration'

Edelweiss Asset Management Launches 'Edelweiss Focused Equity Fund'


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020