One of the leading financial services organizations in
India, Kotak has significant presence in various businesses
including commercial banking, retail banking, stock broking,
asset management, life insurance and investment banking.
With an international presence since 1994, the international
subsidiaries of Kotak Mahindra Bank Ltd. operating through
offices in London, New York, Dubai, Mauritius, San Francisco
and Singapore specialize in managing a wide range of India
investment funds through which overseas investors can invest
in India. Investors can access the asset management capabilities
of the international subsidiaries through funds domiciled
outside India. We offer asset management services to institutions
and high net worth individuals based outside India through
a range of offshore Indian funds, as well as through specific
advisory and discretionary investment management mandates
for institutional investors.
Kotak is a differentiated solution provider for India investments
with a wide range of India investment solutions that span
all major asset classes including listed equity, private
equity, real estate and fixed income. We also lead manage
and underwrite international issuances of securities.
With its commendable track record, large presence on
the ground and a large team of dedicated staff in India,
Kotak is suitably positioned for managing assets in the
Indian Capital markets.
The international business of Kotak offers various funds
across different strategies to international investors only.
We offer funds across five broad strategies:
Long Only Strategy - With a long only
outlook, we manage funds across large capitalization
and mid-capitalization biases, a fund without a capitalization
bias, a series of concentrated funds and thematic funds
(across sectors like infrastructure & realty). We
also manage a Shariah-compliant mandate.
Quasi Private Equity Strategy - With
this strategy, we seek to invest in listed, under-researched
mid–market companies in India through secondary
markets, PIPE, and IPO using a private equity approach.
The investment team seeks to provide active post-investment
value-add to investee companies where feasible.
Dynamic Strategy - Under this strategy,
we seek to generate absolute return by exploiting the
growth in the Indian economy and the price inefficiencies
in the Indian stock market while managing risk
during volatile periods to limit draw-downs. With a mix
of varied strategies like Core Equity, Long/Short Equity,
Limited Risk, and Cash/Arbitrage give the product a multi-dimensional
nature, allowing it to adapt to different stages of the
market cycle.
Debt Strategy - With this strategy, we
aim to generate returns predominantly through investments
in debt/money market instruments and government securities
in India. The funds under this strategy offer differential
risk and return options based on the investor’s view
on interest rates, currencies and the investment horizon.
12 month closed ended funds are available for investors
with a low to medium risk profile where investments are
primarily made into fixed term instruments maturing within
the life of the product. Long term debt funds are available
to investors who have a directional view on interest rates
as the performance of the fund is dependent on changes
in interest rate apart from income, if any, generated through
income yielding instruments. It should be noted that investments
in India are subject to the usual risks associated with
emerging markets, including but not limited to risk of
losing some or all of the capital invested.
Cash Alternative Strategy - Our arbitrage
strategy provides an opportunity to investors looking for
low volatility and moderate INR returns. By evaluating
the difference between the price of a stock in the futures
and spot market, we enter into trades where the carry yield
is higher than that of cash funds. Depending on the opportunities
available, they may square off or roll over the positions.
The Kotak Group operates internationally through the following
three subsidiaries: