Kotak Mutual Fund

What Kotak Mutual Fund does

Kotak Mutual Fund is a SEBI-registered mutual fund (Registration No. MF/038/98/1) established in 1998 as part of the Kotak Mahindra Group and operated by Kotak Mahindra Asset Management Company Limited (KMAMC). The firm offers 115+ mutual fund schemes spanning equity (26 schemes including Kotak Flexicap, Multicap, Midcap, Smallcap, Large and Midcap, Banking & Financial Services, Technology, ESG, Pioneer, Business Cycle, Consumption, and Manufacture in India), debt (15), hybrid (6), fund-of-funds (12), passive (55), and tax-saver categories, with the new Specialised Investment Fund (SIF) line launched in 2026 anchored by the Kotak Infinity Hybrid Long-Short Fund. As of April 2026, total Assets Under Management stood at ₹6.1 lakh crore across 1.51 crore investor folios, placing Kotak MF among India's top 10 AMCs.

The platform architecture combines a unified investor portal at kotakmf.com, native iOS and Android mobile applications (App Store id 878896606; Google Play com.godbtech.kotakmf), the Kotak Business Hub distributor portal (kotakbusinesshub.com), and a corporate transaction portal (corp.kotakmf.com) for institutional clients, supported by 10+ planning calculators and educational modules (Mr.SIP, SIP Karo, Kotak TV, Smart SIP). Proprietary investment frameworks include a published ESG scoring methodology (kotakmf.com/ESG/), a three-factor Balanced Advantage model (trailing P/E, return tracker, price-to-VIX ratio), factor-based index strategies (Alpha + Low-Volatility), and a fully-hedged long-short arbitrage approach with portfolio turnover of 1,748% and 0.51% standard deviation.

Revenue is generated primarily through Total Expense Ratio (TER) management fees deducted daily from NAV, ranging from 0.38% (Kotak Midcap Direct) to 2.46% (Kotak Technology Regular), plus exit loads and higher-fee SIF pricing. Distribution is omni-channel: direct digital self-serve via kotakmf.com and mobile app, the IFA/MFD channel through Kotak Business Hub, cross-selling via Kotak Mahindra Bank branches, and dedicated institutional access for anchor investments, QIPs, NCDs, and block deals. Customer segments are retail individual investors (the primary base of 1.51 crore folios served via SIPs from Rs 100/month), HNIs (Rs 10 lakh minimum via the new SIF category), institutional/corporate clients, and distributors; the firm has participated as anchor investor in IPOs (CMR Green Technologies, Bagmane Prime Office REIT), QIPs (Ola Electric Rs 780 crore, ACME Solar Rs 2,800 crore), NCDs (Vedanta Rs 2,575 crore), and block deals (Lenskart Rs 2,873 crore, Ajanta Pharma, Premier Energies, Anthem Biosciences, Aditya Infotech). In Q4FY26, 88% of equity schemes outperformed benchmark, ranking 4th of 20 AMCs; the firm navigated regulatory headwinds in 2026 by suspending four international fund subscriptions (RBI overseas caps) and restricting gold ETF/FoF inflows (bullion duty hike).

Name

Kotak Mutual Fund

Legal name

Kotak Mahindra Mutual Fund

Website

https://www.kotakmf.com/

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Kotak Mutual Fund is a SEBI-registered Indian mutual fund house (since 1998) operating 115+ schemes across equity, debt, hybrid, FOF and passive categories with ₹6.1 lakh crore AUM and 15.1 million investor folios as of April 2026.

Ownership category

akta.pro rank

Product category

Asset Management (Mutual Funds)

NAICS

Open-End Investment Funds (52591), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Equity Mutual Funds (Active) (FSAAAEAA)

akta.pro secondary industries

Sector & Thematic Mutual Funds (FSAAAEAJ), Multi-Asset Mutual Funds & UCITS (Balanced/Allocation Funds) (FSAAAJAA), Fixed Income Mutual Funds (FSAAAEAB), Index Mutual Funds (Non-ETF) (FSAAAEAE)

Keywords

• Mutual fund management
• Asset management services
• Equity mutual funds
• Systematic investment plans
• Wealth management products

Headquarters

HQ city

Bombay

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure, Others

Revenue model

1. Investment Management Fees (TER): Recurring management fees charged as a percentage of Assets Under Management (AUM), collected through Total Expense Ratio (TER) deducted from NAV daily. TER ranges from 0.38% (Kotak Midcap Direct) to 2.46% (Kotak Technology Regular) depending on scheme and plan type. TER includes Base Expense Ratio plus GST thereon. This is the primary revenue stream for Kotak Mahindra Asset Management Company.
2. Exit Load Fees: One-time exit loads charged on redemptions: typically 1% on equity funds for amounts exceeding 10% of initial investment redeemed within 1 year; 0.25% within 30 days for arbitrage funds; nil thereafter. Exit loads are reinvested into the scheme rather than retained as revenue but represent part of investor transaction economics.
3. Specialised Investment Fund (SIF) Management Fees: Higher-fee structure for sophisticated SIF products (like Kotak Infinity Hybrid Long-Short Fund) targeting HNI investors with minimum ₹10 lakh investment under SEBI's new SIF category. Premium pricing for differentiated strategies including dynamic net equity exposure and downside protection.
4. Distributor Commissions (Loaded in Regular Plan TER): Distributor commissions and trail fees embedded within Regular Plan TER (higher than Direct Plan by 0.58% to 1.50% depending on scheme). Regular plan TER examples: 1.38% Midcap, 1.59% Large & Midcap, 1.01% Arbitrage, 1.78% Smallcap, 2.14% Banking, 2.46% Technology. These commissions flow to IFAs/MFDs via Kotak Business Hub distributor network.

Pricing tiers

Go-to-market motion4 records

Distribution channels7 records

Marketing channels14 records

Core offering

Kotak Mutual Fund provides professionally managed mutual fund schemes across equity, debt, hybrid, fund-of-funds, passive, tax-saving, and Specialised Investment Fund (SIF) categories, serving retail individual investors, HNIs, and institutional clients in India through direct digital channels (website and mobile app) and an extensive Independent Financial Advisor distributor network. It charges investment management fees via the Total Expense Ratio (TER) deducted daily from NAV, with 115+ schemes, ₹6.1 Lakh Crore AUM, and 1.51 Crore investor folios as of April 2026.

Product overview

Kotak Mutual Fund operates a platform-plus-modules architecture centered on a unified investor portal at kotakmf.com, offering 115+ mutual fund schemes organized across Equity (26 schemes including Kotak Flexicap, Multicap, Midcap, Smallcap, Large and Midcap, Banking and Financial Services, Technology, ESG, Pioneer, Business Cycle, Consumption, and Manufacture In India funds), Debt (15 schemes), Hybrid (6 schemes including Kotak Arbitrage, Balanced Advantage, Equity Savings, and Multi Asset Allocation), Fund of Funds (12 schemes including Kotak Income Plus Arbitrage Omni FOF, Gold Silver Passive FOF, Multi Asset Active FOF, and international FoFs like Kotak Global Emerging Market, Global Innovation, International REIT, and Quality Overseas Equity), Passive (55 schemes including Kotak Nifty Alpha Low-Volatility 30 Index Fund and Nifty200 Value 30 Index Fund), Tax Saver (1 scheme), and the newly launched Specialised Investment Fund category (SIF) anchored by the Kotak Infinity Hybrid Long-Short Fund. Supporting modules include a Kotak Mutual Fund mobile app (iOS/Android), Kotak Business Hub distributor transaction portal, and corporate transaction portal. Educational and planning tools such as Mr.SIP, SIP Karo, Kotak TV, Smart SIP, and calculators (SIP, SWP, ELSS, Lumpsum, CAGR, Retirement, Dream Home, Dream Car) wrap around the core product suite. The fund house reported total Assets Under Management of Rs 6.1 lakh crore as of April 2026, with 1.51 crore investor folios and 25+ years of fund management experience since 1998.

Differentiator

Problem solved

Functional benefit

Brands

• Kotak Infinity SIF: Specialised Investment Fund (SIF) product brand under Kotak AMC, planned by Kalpesh Jain to launch SIF products; debut product is Kotak Infinity Hybrid Long-Short Fund.

Products and services

• Kotak Midcap Fund

Quantifiable outcome

• ₹6.1 Lakh Crore Total AUM as of April 2026
• +9 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• Kotak Mahindra Bank

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Market position

Strengths4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/kotakmf
• YouTubeyoutube.com/channel/UCdM0-w91POO1ZerorLZFMDw
• Facebookfacebook.com/KotakMF
• LinkedInlinkedin.com/company/kotak-mutual-fund
• Instagraminstagram.com/kotakmf

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments27 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kotak Mutual Fund