NFO Opens on 4th February 2026 and closes on 18th February 2026
Udaipur – Kotak Mahindra Asset Management Company Ltd. (“KMAMC”/“Kotak Mutual Fund”) announces the launch of the Kotak Services Fund, an open‑ended equity scheme following the service theme. Opening on 4th February 2026 and closing on 18th February 2026, the New Fund Offer (NFO) enables investors to access India’s core growth engine-the services sector that contributes 55% to the country’s GVA (Gross Value Added) and employs 31.5% of country’s workforce1.
Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company Ltd., said, “India’s services economy is undergoing a structural shift, driven by rising incomes, greater digital adoption, and expanding urbanisation. These forces are reshaping how Indians consume, transact, and access essential services. With the Kotak Services Fund, we aim to construct a portfolio that can capture the evolving opportunities within India’s services economy and deliver long‑term value for investors.” Rohit Tandon, Fund Manager for Kotak Services Fund, said, “The services theme offers both stability and growth through its breadth across consumption‑driven and export‑driven segments. The services sector, in our view, represents one of the most compelling combinations of resilience and scalability in India’s market landscape. At the Kotak Services Fund, our portfolio construction will lean toward companies that have proven their ability to sustain margins, upgrade business models, and deploy capital judiciously. Our investment conviction is anchored in the belief that disciplined selection of such companies can translate into stable, long‑term wealth creation for investors.”
