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Kotak Mahindra's new fund raises over ₹1,200 crore, targeting Indian emerging companies.
Kotak Mahindra Asset Management Company's new fund, the Kotak Credit Opportunities Fund, has achieved its first close with over ₹1,200 crore ($141.36 million) in investments.
The fund, targeting a total corpus of ₹2,000 crore, attracted investors including high net worth individuals, family offices, and institutional investors.
Focused on supporting emerging Indian companies, it aims to enhance productivity and boost manufacturing capabilities.
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El nuevo fondo de Kotak Mahindra recauda más de ₹1,200 crore, dirigido a las empresas emergentes de la India.