Kotak AMC s global innovation fund of fund collects over Rs 1,650 crore
SECTIONS
Last Updated: Jul 28, 2021, 09:01 PM IST
Share
Synopsis
The mutual fund firm s global innovation FoF scheme has tied up to invest in Wellington Global Innovation Fund units, which in turn invests in global innovators such as Alphabet, Facebook, Amazon, Walt Disney, VISA, AstraZeneca, and Netflix.
Getty Images
Kotak Mahindra Asset Management Company on Wednesday said its global innovation fund of fund has collected over Rs 1,650 crore. The new fund offering (NFO) by Kotak Global Innovation FoF, which opened for subscription during July 8-22, mobilised over Rs 1,650 crore, surpassing the previous highest of Rs 1,626 crore garnered by Axis Global Innovation Fund of Fund in its first month AUM.
Kotak AMC s global innovation fund of fund collects over Rs 1,650 crore
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Should you invest in Kotak Global Innovation FoF NFO? - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Kotak Mahindra Mutual Fund launches global innovation fund of fund
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.