Kotak Mutual Fund

Kotak Mahindra Asset Management Company Limited (KMAMC) is a public limited company
registered under the Companies Act, 1956 on August 2, 1994. The company is the asset manager
of Kotak Mahindra Mutual Fund (KMMF) and a wholly and a subsidiary of Kotak Mahindra
Bank Limited (KMBL).

Kotak Mutual Fund began its operations back in December 1998. It was the first AMC to offer
a dedicated gilt fund for investing solely in Government securities.

It provides mutual fund and portfolio management services under SEBI ('Mutual Funds')
Regulations, 1996 and SEBI (Portfolio Manager) Regulations, 1993. KMAMC also offers
pension fund management services through its subsidiary, the Kotak Mahindra Pension Fund
Limited.

Currently, the company offers around 261 schemes catering to variable risk appetite of investors.
It primarily invests in AAA and AA rated companies and possesses a substantial value of assets
under management (AuM). KMAMC also provides customers the option to avail income tax
benefits under Section 80C.

In FY 2017-18, the company registered a net worth of Rs. 37,482 Crore, total income of Rs.
23,801 Crore, and profit (after tax) of Rs. 4,084 Crore. As of FY 2018-19, the company manages
a corpus of more than Rs. 1.5 Lakh Crore.

KMAMC has 84 branches spread over 80 cities in India and has more than 7.5 Lakh investors.