Kotak Mahindra Asset Management Company Limited or Kotak Mahindra Mutual Fund) today announced the launch of the Kotak Global Innovation Fund of Fund that will give investors an opportunity to invest in global innovators such as Amazon, Facebook, VISA, AstraZeneca, Netflix et al. The Kotak Global Innovation Fund of Fund will invest in Wellington Global Innovation Fund units, which invests in these kind of stocks by following a strict investment and risk management process. Harsha Upadhyaya, President & CIO – Equity, Kotak Mahindra Asset Management Company said, “Global innovators are world-leading companies that control their own destiny, driving growth through innovation or having exposure to key secular trends. So if investors are looking to invest in a fund that helps them diversify their portfolio across sectors and geographies, the Kotak Global Innovation Fund of Fund can be the right fund for them." The new fund offer will be open from 8th July – 22nd July, 2021 and the minimum investment size is ₹5000.

Source: Mint July 08, 2021 06:56 UTC