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Kotak Mahindra becomes first Indian firm to gain UAE license for selling investment funds.
Kotak Mahindra International has become the first Indian company to secure a license from the UAE to sell investment funds to local retail investors.
The company plans to launch India-focused retail funds in the UAE by the end of 2025, targeting both the large Indian expatriate community and broader local investors.
This move strengthens financial ties between India and the UAE and offers new investment opportunities for diversification.
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Kotak Mahindra se convierte en la primera firma india en obtener una licencia de los Emiratos Árabes Unidos para la venta de fondos de inversión.