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Kotak Mahindra Asset Management Company has launched the Kotak Global Innovation Fund of Fund , which will invest in global innovators such as Amazon, Facebook, VISA, AstraZeneca, and Netflix.
Why Kotak Bluechip is a safe fund in uncertain times
It will invest in Wellington Global Innovation Fund units, which, in turn, will invest in these kind of stocks by following a strict investment and risk management process.
Kotak MF launches Nifty index fund
The new fund offer, which opened on Thursday, will close on July 22.
Wellington Management is a US-based investment management firm with AUM of over $1 trillion.
Harsha Upadhyaya, President and CIO (Equity), Kotak Mahindra AMC, said that if investors were looking for a fund that helps diversify their portfolio across sectors and geographies, then the Kotak Global Innovation Fund of Fund could be right for them.
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