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Investment News
backSkandia International adds three funds from Kotak
The three Kotak funds – Indian Growth, Indian mid-cap and Indian Infrastructure and Realty – make interesting additions to the Royal Skandia Fund range. This move, says Skandia, further enabling advisors to build portfolios which match their clients’ risk profiles.
In addition, Skandia has become the only offshore provider to currently provide access to funds from this fund group, extending its range of more than 270 funds from over 30 of the world’s best fund management groups.
Kotak is one of India’s leading financial conglomerates and provides services to overseas investors seeking to invest into India. Kotak has a wide range of investment solutions that span all major asset classes including listed equity, private equity, real estate and fixed income.
Essential fund details include:
- Kotak Indian Growth aims to achieve capital appreciation by being invested in the shares and equity-linked instruments of companies listed in India.
- Kotak Indian Mid-Cap aims to achieve capital appreciation by being primarily invested in shares and equity-linked instruments of mid-capitalisation companies. The investment manager has the flexibility to invest up to 35% of the portfolio in the shares and equity-linked instruments of large-capitalisation companies.
- Kotak Indian Infrastructure and Realty aims to achieve capital appreciation by being primarily invested in shares and equity-linked instruments of companies which are directly or indirectly involved in infrastructure and real estate sectors in India.