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Our Bureau

Mumbai , March 10

Kotak Lifestyle, a diversified equity-oriented mutual fund scheme of Kotak Mahindra AMC, has garnered Rs 860 crore in its recently concluded New Fund Offer (NFO).

In a press release here, Mr Sandesh Kirkire, CEO, Kotak Mahindra Asset Management Company Ltd, said: "The exceptional response received by Kotak Lifestyle is testimony of the investor community's belief in India's surging economy, as also in Kotak Mahindra AMC's fund management capabilities."

The Kotak Lifestyle NFO received around 85,000 applications covering over 140 locations.

More Stories on : New Fund Offer | Mutual Funds

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Kotak Lifestyle scheme garners Rs 860 cr

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